Nvidia(US:NVDA) Mei Ri Jing Ji Xin Wen·2025-10-29 01:01Group 1: Federal Reserve and Economic Outlook - President Trump criticized Federal Reserve Chairman Powell, labeling him as "incompetent" and indicated that a new candidate would be appointed by May next year [1] - The Federal Reserve's interest rate decision is highly anticipated, with a 99.5% probability of a 25 basis point cut expected during the upcoming meeting [30] - Morgan Stanley reported a significant inflow of foreign capital into the Chinese stock market, indicating a recovery in global investor confidence towards China [29] Group 2: NVIDIA and AI Developments - NVIDIA's stock reached $201.03, marking a 4.98% increase and a total market capitalization nearing $5 trillion, with a one-night increase of $231.8 billion [4] - CEO Jensen Huang announced a partnership with Nokia, involving a $1 billion equity investment and collaboration on a 6G telecom computing platform [7][27] - NVIDIA introduced new AI technologies and partnerships, including a new AI-native wireless stack with T-Mobile and Cisco, and plans to build seven supercomputers with the U.S. Department of Energy [9][12] Group 3: Market Performance - U.S. stock indices collectively rose, with the Nasdaq up 0.8%, Dow Jones up 0.34%, and S&P 500 up 0.23%, reaching new highs [2] - Notable stock movements included a 23% increase in Nokia's ADR, attributed to NVIDIA's planned investment [27] - Other tech companies like Microsoft and Intel also saw stock increases, with Microsoft regaining a market cap of $4 trillion [24][26]