Nvidia(US:NVDA) Sou Hu Cai Jing·2025-07-23 21:56Group 1 - Financial markets experienced significant volatility on July 16, 2025, with the 30-year U.S. Treasury yield reaching 5.01%, indicating a market bet on "long-term high interest rates" [1] - The Chicago Mercantile Exchange saw a sharp decline in the probability of interest rate cuts, dropping from 65% to 58%, and the likelihood of two cuts within the year plummeted from 93% to 76% [3] - Gold prices struggled below $3,335, with significant trading activity indicating heightened market risk aversion [3] Group 2 - The technology sector, particularly Nvidia, thrived amid market turmoil, with Nvidia's stock surging 4% after the announcement of AI chip exports to China, pushing its market capitalization above $4.1 trillion [4] - The U.S. Treasury Secretary's comments about the selection process for the next Federal Reserve Chair added to market uncertainty, causing the 30-year Treasury yield to exceed 5% [4][6] - Internal divisions within the Federal Reserve were highlighted, with 19 decision-makers split into three camps regarding interest rate policy, indicating a lack of consensus on future actions [6] Group 3 - Trump's inquiry about potentially firing Fed Chair Powell led to a market collapse, with gold prices rising by $20 and the dollar index falling by 25 points, reflecting heightened market anxiety [8] - Inflation data released showed a 2.7% year-over-year increase in June CPI, with core CPI rising 2.9%, indicating the impact of tariffs on consumer prices [9] - The market is bracing for further inflationary pressures, with predictions of core PCE inflation reaching 3.2% in the fourth quarter, raising concerns about the economic outlook [9]