Wall Street Breakfast Nvidia earnings will test AI rally
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Feb 23, 2025 Nvidia’s upcoming earnings could test the resilience of the AI market rally. Analysts are watching closely as it navigates macroeconomic pressures. Meanwhile, inflation indicators appear to be less alarming than previous metrics. Warren Buffett reassures investors about the hefty cash reserves of Berkshire Hathaway, emphasizing a strategy focused on U.S. equities. The discussion also highlights evolving trends in hedge fund stock ownership, pointing to potential changes in market dynamics.
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Nvidia's Earnings: A Test for the AI Rally
- Nvidia's upcoming earnings report will be a crucial test for the AI rally's strength.
- The market seeks signs of continued growth, especially in the enterprise AI GPU segment.
Fed's Preferred Inflation Gauge: A More Benign Outlook
- The core PCE price index, the Fed's preferred inflation measure, is expected to reveal a milder inflation picture than the CPI.
- Economists project a 0.3% monthly rise, lowering the annual rate to 2.6%.
Berkshire's Earnings Surge and Cash Pile
- Berkshire Hathaway saw a surge in Q4 operating earnings, ending the year with a remarkable 27% jump to $47.44 billion.
- Despite a record $334.2 billion cash pile, Buffett assures investors of prioritizing equity investments over cash.