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Stocks soar as Nvidia earnings ease AI valuation fears, jobs data in view ReutersNVIDIA Announces Financial Results for Third Quarter Fiscal 2026 NVIDIA NewsroomWall Street says Nvidia's blockbuster earnings prove the AI boom is nowhere near its peak Business InsiderAsia markets rise as Nvidia's earnings beat and bullish forecast soothe AI fears CNBC
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While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less creation.
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The central bank's decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation.
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Nvidia Earnings Live: AI Chipmaker's Stock Rallies Ahead of Q3 Report — Analysis, Updates The Wall Street JournalNvidia shares rise on stronger-than-expected revenue, forecast CNBCNvidia's Profit Jumps 65% to $31.9 Billion. Is It Enough for Wall Street? The New York TimesDow and S&P 500 snap 4-day losing streaks, Nasdaq climbs ahead of Nvidia earnings MarketWatch
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Rival Home Depot, which reported a day earlier, also lowered its full-year profit outlook and referred to a tough housing market and consumer uncertainty.
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The biggest bitcoin ETF fund is in a slump after investors bailed from the fund like never before.
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