Finance

Despite reporting record quarterly revenue of $81.6 billion—an 85% year-over-year increase—Nvidia's stock price experienced a surprising decline following its earnings release. While the data center segment doubled in growth due to intense artificial intelligence demand, the market's muted reaction suggests that investor expectations for the semiconductor giant have reached exceptionally high levels.

Recent FOMC minutes indicate a growing divide among policymakers, with a significant group advocating for a two-sided approach that keeps future interest rate hikes on the table. Under the leadership of new Fed Chair Kevin Warsh, officials are closely monitoring persistent inflation risks and high energy prices, which may delay anticipated rate cuts until much later in the year or beyond.

Dell Technologies and HP shares experienced double-digit gains this week, leading the S&P 500's top performers with advances of 16% and 15% respectively. The rally was fueled by optimistic revenue guidance and positive signals from global competitors, underscoring a broader recovery in the personal computing and data center power demand sectors.