Fed Decision Day, Wholesale Inflation Shrinks, AI Chips: AMD Battles $1T Nvidia 6/14/23

Fed Decision Day, Wholesale Inflation Shrinks, AI Chips: AMD Battles $1T Nvidia 6/14/23

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  • Afsnit
    • 1145
  • Udgivet
    • 14. jun. 2023
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Afsnit
1145 of 1998
Længde
43M
Sprog
Engelsk
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Kategori
Økonomi & Business

Carl Quintanilla, Jim Cramer and David Faber discussed what Wednesday's Fed Decision on rates could mean for the markets. Should policymakers pause -- or implement an eleventh-consecutive interest rate hike? Ahead of that decision, the Producer Price Index fell in May on a month-to-month basis for the third time in four months. On the AI front: Tuesday was the first time Nvidia closed trading with a $1 trillion valuation, while AMD unveiled its new AI chips -- looking to challenge Nvidia's dominance. Also in focus: Health insurers in sell-off mode after UnitedHealth warns of higher medical costs, Tesla aims for a record 14-day win streak, A judge temporarily blocks the Microsoft-Activision deal, new developments surrounding the PGA Tour-LIV Golf merger.

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