Group 1: Nvidia's Performance - Nvidia reported a significant revenue increase for the latest fiscal quarter, with revenue reaching $44.04 billion, a 69% year-over-year growth, slightly above market expectations of $43.31 billion [13] - The net profit for Nvidia also saw a year-over-year increase of 26%, amounting to $18.8 billion [13] - Adjusted earnings per share (EPS) were reported at $0.96, surpassing the market expectation of $0.93 [13] - The growth in revenue was primarily driven by strong demand in AI solutions and accelerated computing within its computing and networking platforms [15] - However, gross margin faced pressure due to a $4.5 billion impairment related to H20 product inventory and procurement obligations, leading to a decline in both year-over-year and quarter-over-quarter margins [15] Group 2: US Stock Market Overview - The three major US stock indices closed lower, with the Dow Jones down 0.58% to 42,098.7 points, the S&P 500 down 0.56% to 5,888.55 points, and the Nasdaq down 0.51% to 19,100.94 points [3][5] - Major technology stocks mostly declined, with the "Big Seven" tech index down 0.44%. Notable declines included Tesla down 1.65%, Microsoft down 0.72%, and Amazon down 0.63% [8] - Chinese concept stocks also saw a majority decline, with the Nasdaq Golden Dragon China Index down 0.71% and the Wande Chinese Technology Leaders Index down 2.62% [10] Group 3: Federal Reserve Meeting Minutes - The Federal Reserve's meeting minutes indicated that the market expects two to three interest rate cuts this year, reflecting a consensus among survey respondents [17] - The minutes highlighted the need for a flexible monetary policy strategy that can adapt to various economic conditions, suggesting a robust approach to inflation targeting [17] - The report noted a significant steepening of the Treasury yield curve, with short-term yields decreasing by approximately 20 basis points while long-term yields generally increased [18]
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Sou Hu Cai Jing·2025-05-29 00:48