Workflow
Any help is needed for the customer who seems to be balking at purchases, says Jim Cramer
NvidiaNvidia(US:NVDA) CNBC Televisionยท2025-10-29 23:13

Market Trends & Monetary Policy - The Federal Reserve (Fed) implemented a 025% rate cut, aiming to lower short-term borrowing costs [1] - The Fed might not cut rates again next month, leading to market fluctuations [2] - Consumer spending on larger purchases, vacations, and dining out is declining due to job security concerns and inflation [2] Technology & AI Impact - Artificial intelligence (AI) is causing job anxiety, with Nvidia ($5 trillion market cap) being the focal point [4] - Nvidia is viewed as an intellectual engine that can enhance productivity and reduce costs [5] - Companies should recognize AI's potential to improve productivity and enable creation at lower costs [5] - Individuals need to adapt to AI to avoid being left behind [6] Market Performance - The Dow Jones Industrial Average (Dow) decreased by 74 points [3] - The S&P 500 ended with a minimal decrease [3] - The NASDAQ Composite still gained 055% [3]