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Wall Street turned lower and oil prices fell on Wednesday as investors parsed the minutes from the U.S. Federal Reserve's most recent policy meeting, and looked ahead to Nvidia Corp's earnings...
Fed minutes revealed longer wait for inflation to reach 2%. Market fears prolonged high interest rates. Fed may tighten policy if risks materialize.
Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chip-making dominance that has made the company an icon of the artificial intelligence boom.
The Street's attention was solely focused on Nvidia's Q1 report due to the implication it has for the broader market.
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Nvidia Corp. (NVDA) on Wednesday reported fiscal first-quarter earnings of $14.88 billion.