Artificial intelligence continues to dominate market conversations as Anthropic unveils massive $50 billion data center plans while AMD forecasts accelerating sales growth. Meanwhile, Atlanta Fed President Raphael Bostic announces his upcoming retirement from the central bank, marking a significant leadership transition at the Federal Reserve as AI infrastructure spending reaches unprecedented levels.
about AI Drives $50B Data Center Boom, Fed's Bostic to RetireRaphael Bostic
0 posts last weekGold Rises Ahead of Fed’s Jackson Hole Signals
Gold prices climbed as investors awaited potential interest-rate signals from the Federal Reserve’s Jackson Hole gathering. Bullion traded near $3,350 an ounce, remaining in a tight range. Central bankers worldwide will convene in Wyoming, with market pricing suggesting a likely US rate reduction at the Fed’s next policy meeting. Atlanta Fed President Raphael Bostic noted tariff strains and high borrowing costs impacting businesses, signaling openness to adjusting rates soon. The outcome of high-stakes diplomacy over Ukraine also influenced market sentiment.
about Gold Rises Ahead of Fed's Jackson Hole SignalsFed’s Bostic Urges Patience on Interest Rate Decisions
Federal Reserve Bank of Atlanta President Raphael Bostic emphasized the need for patience in monetary policy decisions, citing ongoing economic uncertainties. He suggested a ‘wait-and-see’ approach to avoid potential reversals in interest rate adjustments. Bostic’s comments reflect a broader Fed strategy of balancing inflation control with economic stability, as policymakers weigh the risks of acting too soon or too late.
about Fed's Bostic Urges Patience on Interest Rate DecisionsBitcoin Holds at $84K as White House Adjusts Tariff Stance
Bitcoin traded around $84,300, showing a slight 0.6% dip, while Ethereum and Solana also saw minor declines. The White House hinted at potential relief for farmers affected by Trump’s tariffs, though broader economic concerns persist. Analysts warn that tariffs could exacerbate stagflation risks, balancing inflationary pressures against growth slowdowns. Meanwhile, speculation continues over how the U.S. Strategic Bitcoin Reserve might be funded, possibly through tariff revenues. The Federal Reserve remains cautious on interest rate cuts amid economic uncertainty.
about Bitcoin Holds at $84K as White House Adjusts Tariff StanceNvidia a Strong Buy While Lowe’s Faces Challenges This Week
U.S. stocks faced their worst week of 2025, with the S&P 500 down 1.7% and the Dow and Nasdaq both losing 2.5%, amid concerns over tariffs, inflation, and economic conditions. Nvidia is highlighted as a strong buy ahead of its earnings report, expected to show a 67% increase in EPS and a 72% rise in revenue, while Lowe’s is advised to be avoided due to profitability struggles.
about Nvidia a Strong Buy While Lowe's Faces Challenges This WeekMarket Outlook: Key Earnings Reports and Inflation Data This Week
This week, investors are focused on key earnings reports from Nvidia, Salesforce, Home Depot, and Stellantis, amid concerns over AI spending and a sluggish housing market. The Federal Reserve will closely monitor the Personal Consumption Expenditures price index and other economic indicators, including consumer confidence and GDP revisions, as inflation data remains a critical concern.
about Market Outlook: Key Earnings Reports and Inflation Data This Week