Bullish Market Trend Persists: Fed Governor Calls for Aggressive Rate Cuts; Oracle Reshapes Leadership; Nvidia Bets $100B on AI Future.
Remember to move the mail to the Primary inbox if this mail is in other inboxes.
This week, our AI indication leans to a BULLISH stance on general market news and also individual stock performances again.
Our AI detects selective bullish momentum across key stocks, highlighting investor optimism in specific sectors and companies.
Here’s a breakdown of key stock events by our AI Event signal for today, 9/22.
The Must-Know News Stories for Today, 9/22.
Our AI cuts through the noise, saving you 13 minutes by delivering the heart of today’s events in seconds!
CNBC
BullishShortTermS&P 500Economic
Fed Governor Stephen Miran pushes case for central bank to slash key interest rate
- Fed Governor Stephen Miran advocates for aggressive interest rate cuts.
- Miran argues current rates are too restrictive, risking unemployment.
- Lower taxes and deregulation may enable significant rate reductions.
- Disinflationary factors cited include immigration policies and rental cost easing.
- Miran's views contrast with majority opinion among Fed policymakers.
Save you 6 mins to read
Full ArticleInvestopedia
BullishLongTermORCLCorporate Developments
Oracle Names Co-CEOs to Replace Catz as Software Provider Raises AI Bets
- Oracle appointed new co-CEOs, strengthening focus on AI.
- Shares surged 90% this year, boosted by cloud computing growth.
- Company backlog increased to $455 billion from multibillion-dollar deals.
- Safra Catz transitions to Executive Vice Chair, ensuring stability.
- Larry Ellison emphasizes partnership continuity for Oracle's growth.
Business Insider
VeryBullishLongtTermNVDACorporate Developments
Nvidia is investing up to $100 billion in OpenAI as part of an AI data center deal
- Nvidia will invest up to $100 billion in OpenAI.
- The partnership aims to build 10 gigawatts of AI datacenters.
- This collaboration enhances Nvidia's position in AI infrastructure.
- CEO Jensen Huang highlights a decade of collaboration with OpenAI.
- Musk foresees actual chip output exceeding initial projections.
- Strategic investment may lead to a new era of intelligence.
Like StockNews.AI? Unlock more functions by joining our Premium or Pro Plan 🏠 🙌
Disclaimer: The content provided in this Email should be used for informational purposes only and in no way should be relied upon for financial advice.
Reply