CNBC Daily Open: Nvidia's 'drop-the-mic moment'
Publishing timestamp: 2024-08-26 03:24:43
Summary
Stocks rose after Federal Reserve Chair Jerome Powell indicated an interest rate cut. Intel is working with advisors to defend against potential activist investors. Boeing's Starliner capsule will return from the International Space Station without astronauts. Asia-Pacific markets were mixed. Morgan Stanley predicts a global tech downturn in 2025. Nvidia is expected to deliver strong earnings. Wall Street ended the week on a strong note after Powell's signal for imminent rate cuts.
Sentiment: MIXED
Tickers: .IXIC, .KS11, .DJI, @LCO.1, BA, MBLY, US10Y, .HSI, .N225, NVDA, INTC, MS,
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Source: https://www.cnbc.com/2024/08/26/cnbc-daily-open-nvidia-drop-the-mic-moment.html