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Federal Reserve Faces Tough Choices as Iran War Spikes Oil Prices

Key Points: The Federal Reserve will likely keep interest rates between 3.5% and 3.75% at its meeting this Wednesday. The ongoing war in Iran has spiked oil prices, creating deep divisions among central bank officials. Economists warn that keeping oil at $100 a barrel for three months could push the US economy into a recession....

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...