Nvidia ( NVDA 4.04%) stock is jumping Thursday following the Federal Reserve's recent interest rate cut. The company's share price was up 4.9% as of 3 p.m. ET.
But with inflation cooling and the unemployment rate ticking up, many Wall Street pundits predict the Fed will cut interest rates at its next meeting on Sept. 17 and 18. Nvidiastock has soared ...
The dot-com stock boom is very different from ... Meta, Microsoft, and Nvidia — cited in the January Fed minutes. If that is what he means by AI stocks, only one of those companies — Nvidia ...
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