Nvidia Earnings: A Look at AI and Beyond

Bitcoin prices hit a new daily low of $88,808 as Federal Reserve minutes were released, further impacting market sentiment. The Bureau of Labor Statistics’ decision to delay the October employment report due to the government shutdown marked a rare occurrence since 2013. As a result, hopes for a December interest rate cut were diminished, now estimated at around 30%. However, all eyes were focused on Nvidia’s latest earnings report. Shares of the tech giant surged ahead of the release, reaching $186 and experiencing an anticipated 7-8% fluctuation post-announcement until Friday.