Speculations About Further Interest Rate Cuts and NVIDIA's Entry with Intel Boost US Markets - German Technology Stocks Dominate the List of Winners for the Trading day - Huawei Poses a Challenge to NVIDIA - Novo Nordisk's Diabetes Drug Outperforms Eli Lilly's Competing Product - Crypto Markets Buoyed by Fed Interest Rate Decision - IonQ Announces a Cooperation with the Department of Energy for Quantum Technologies in Space
Reading Time: 10 minutes
US chipmaker Intel benefits from NVIDIA's billion-dollar investment The American stock markets are experiencing a powerful technology surge, driven by spectacular gains in semiconductor stocks and ongoing speculation about further interest rate cuts by the Federal Reserve. In the spotlight is Intel, whose stock has shot up an impressive 25% after it was announced that competitor NVIDIA plans a $5 billion investment in the company. The Nasdaq 100 Index rises by about 1%, approaching its all-time highs again, while Small-Cap stocks, which typically...
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