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Nvidia CEO Jensen Huang Predicts Sales Will Blast Past $1 Trillion

Key Points: Nvidia CEO Jensen Huang predicts the company will surpass $1 trillion in total sales. The original $1 trillion projection for AI chips did not include other major product lines. Nvidia plans to enter new markets, including building data center chips for outer space. The company will return 50% of its free cash flow...

Gold Prices Wobble as Middle East Conflict Enters Third Week

Key Points: Gold prices bounced around the $5,000 mark as the war in the Middle East continued. The US-Israeli conflict with Iran is driving up oil prices and inflation fears. Shipping through the critical Strait of Hormuz remains nearly completely stopped. Traders no longer expect the Federal Reserve to cut interest rates this week. Gold...

Surging Oil Prices Threaten to Wreck High-Flying Tech Stocks

Key Points: Iran warned the world to prepare for crude oil prices hitting $200 per barrel. Goldman Sachs predicts oil could average $145 per barrel if the Strait of Hormuz remains closed for 60 days. Rising gas prices will likely crush consumer spending on expensive new tech gadgets. Analysts warn that supply chain costs will...