Nvidia Beats, Stock Dumps—bofa: Buy the Dip

In brief - Bank of America reiterates “buy” on Nvidia and lifts its target to $350 after record Q1 revenue of $81.6 billion. - BofA sees the AI market topping $3 trillion by 2030, plus a $200 billion CPU opportunity and $145 billion in customer commitments. - BofA says Nvidia’s...</strong

Fed Policy Well-Positioned

Fed's Barkin says current policy can respond to shocks The Federal Reserve's current monetary policy is in a good place to respond to ongoing economic shocks. This assessment is based on the Fed's ability to look through supply shocks, which has worked well in the