Good morning. Nvidia pleases Wall Street, Fed officials worry about interest-rate-cut risks, the EU may approve aid to Poland and Ukraine nears an agreement with the IMF. Here’s what people are talking about.
Nvidia Corp. surged in late trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker. Revenue in the current period will be about $24 billion, the company said in a statement Wednesday. Analysts had predicted $21.9 billion on average. Results in the fourth quarter also sailed past Wall Street estimates. That’s keeping AI mania alive and well among investors. Separately, Japan’s Nikkei stock index topped its 1989 record high.
