Nvidia(US:NVDA) Mei Ri Jing Ji Xin Wen·2025-08-23 07:03Group 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, indicating a shift back to a 2% inflation target and abandoning the controversial flexible average inflation target (FAIT) [3][5][11] - Following Powell's announcement, the U.S. stock market surged, with the Dow Jones Industrial Average rising over 900 points, marking a historic high, while the Nasdaq and S&P 500 also recorded significant gains [5][7][9] - 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 [9][10][11] Group 2 - The Federal Reserve's shift away from FAIT is seen as a necessary correction after its perceived failure to address the inflation surge post-pandemic, with Powell admitting that the previous strategy was ineffective [11][15][16] - The current economic environment is characterized by a "fiscal dominance" phenomenon, where government fiscal policy significantly influences monetary policy, potentially undermining the independence of the Federal Reserve [16][19] - Concerns are growing that the U.S. may be entering a "debt death spiral," as high government debt levels necessitate new borrowing to service existing debt, which could lead to a loss of confidence in the dollar and increased inflation [19][21] Group 3 - The upcoming earnings report from Nvidia is highly anticipated, with analysts focusing on the growth of its core data center business and the manufacturing yield of new products [33][35] - Nvidia's revenue for the second quarter is expected to reach $45.8 billion, reflecting a year-over-year growth of 52.4%, although the growth rate is slowing compared to previous quarters [35][36] - Analysts remain optimistic about Nvidia's future, with expectations of improved manufacturing yields and increased supply of new generation chips, which could bolster overall performance [36] Group 4 - Apple is reportedly in discussions with Google to integrate its new Siri voice assistant with Google's Gemini AI model, indicating a strategic move to enhance its AI capabilities [29][31] - This collaboration comes as Apple faces challenges in advancing its internal AI projects, prompting a shift towards leveraging external technologies to improve Siri's functionality [31][32]