Market News
Latest financial news and market developments.
NVIDIA announces new data center GPUs, shares surge
NVIDIA unveiled next-generation AI accelerators aimed at enterprise data centers, driving a sharp intraday rally.
Fed signals potential September rate cut amid cooling inflation
Federal Reserve officials indicated openness to a rate cut this month as inflation trends lower than expected.
Apple unveils new AI features for iOS at developer conference
Apple showcased on-device AI capabilities and new developer tools at its annual conference.
Semiconductor sector leads market gains as AI spending accelerates
Chipmakers continue to benefit from enterprise AI infrastructure investments.
Treasury yields fall as markets price in September rate cut
U.S. Treasury yields declined across the curve as investors increased bets on a Fed rate cut.
Why big tech is buying into the AI infrastructure buildout
Major technology companies are increasing capital expenditure on AI infrastructure at a rapid pace.
Financial sector underperforms as yield curve flattens
Bank stocks lagged Thursday as the yield curve flattened, reducing net interest margin expectations.