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Nvidia Reignites A Global Rally In A.I. Stocks
Market Depth
Introduction
The rating agency Fitch puts the United States on a credit downgrade watch as this debt ceiling debacle continues. Japanese investors who are the largest foreign creditor to the United States and a massive market player in US Treasuries, how do they feel about this? And the debt ceiling issue as a whole. Second thing is Nvidia. Massive earnings forecast beat that had ripple effects across the world, particularly in Asia Markets. AI chip related stocks not only surged, but Nvidia had basically single handily stopped the global market equity market downside for the past two days.
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