Investors in Asia will be watching for any spillover to companies in Nvidia’s value chain, such as Taiwan’s TSMC and Foxconn.
bullish analyst callsSeveral Wall Street firms also increased their price target on the AI darling ahead of its earnings report, suggesting shares could gain as much as 30% from their current levels.Investors in Asia will be watching for any spillover effect on companies up and down Nvidia's value chain, such as Taiwan'sis set to continue its run above the 39,000 mark, with the futures contract in Chicago at 39,290 and Osaka both at 39,220 against the index's last close of 39,069.68.
He noted that disinflation will be tough if commodity prices continue to rally. McCourt also said further price increases can push global portfolio managers to shift back to emerging markets and commodity-focused indexes after pouring money into the U.S. market.JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C.
"The timetable isn't five years anymore," the 68-year-old chief executive said during the bank's annual investor day. The comments, reported byThere are multiple potential successors, with the next CEO expected to come from within. JPMorgan shares were off 2.5% in afternoon trading.Federal Reserve Vice Chair Philip Jefferson on Monday emphasized that inflation is not cooling quickly enough to warrant interest rate reductions.
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