Finance

Semiconductor bellwether Nvidia reported exceptional quarterly results and projected a massive 70% revenue increase for the upcoming fiscal year. While the upbeat guidance briefly catalyzed a major technology rally, the broader chip sector faced independent headwinds as the VanEck Semiconductor ETF recorded weekly losses due to declines in individual components like Marvell Technology and Applied Materials.

U.S. government bond yields experienced volatile swings after monetary policy expectations shifted toward a higher-for-longer path. Concurrently, the U.S. dollar jumped against several key global currencies, registering its strongest single-day climb in two and a half months as market participants recalibrated the likelihood of tightening liquidity conditions.

Digital assets pulled back sharply toward the end of the week, with Bitcoin falling back below the $80,000 threshold and Ethereum consolidating near $2,443. The reversal erased earlier weekly gains driven by institutional spot ETF inflows, as the prospect of tighter central bank policy broadly dented investor appetite for high-risk assets.