Nvidia(US:NVDA) Sou Hu Cai Jing·2025-08-23 03:36Group 1 - Federal Reserve Chairman Jerome Powell signaled a strong likelihood of interest rate cuts during his speech at the Jackson Hole Global Central Bank Conference, marking a potential shift back to a 2% inflation target and abandoning the controversial Flexible Average Inflation Target (FAIT) [7][8][11] - Following Powell's announcement, U.S. stock markets surged, with the Dow Jones Industrial Average rising over 900 points, reaching a historic high, while the Nasdaq and S&P 500 also recorded significant gains [10][13][14] - Powell acknowledged the challenges facing the Federal Reserve, highlighting the conflict between low inflation and a healthy labor market, and warned of rising unemployment risks as job growth slows [14][18] Group 2 - The Federal Reserve's decision to abandon FAIT was seen as a necessary move after its failure to address the inflation surge post-pandemic, with Powell admitting that the concept of compensatory inflation overshoot was ineffective [17][21] - The new policy framework emphasizes a return to a clear 2% inflation target, with a focus on anchoring inflation expectations and ensuring long-term stability [18][20] - Powell's tenure has been characterized by a significant shift towards a government fiscal-led approach, which has raised concerns about the independence of the Federal Reserve and the potential for a "debt death spiral" as described by Ray Dalio [10][22][24] Group 3 - The upcoming earnings report from Nvidia is highly anticipated, with analysts focusing on the growth of its data center business and the manufacturing yield of new products, as the company is expected to report revenues of approximately $45.8 billion for the second quarter [36][39] - Apple is reportedly in discussions with Google to integrate the Gemini AI model into its new Siri voice assistant, indicating a strategic move to enhance its AI capabilities amid internal development challenges [32][34] - OpenAI's CFO highlighted the surging demand for GPU and computing power, with the company achieving over $1 billion in revenue for the first time in July, reflecting the growing market for AI technologies [41]