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Morning Brief
07:00 AM
01
Fed holds rates steady, signals two cuts in 2024
Powell emphasized patience, citing sticky inflation in services. Markets rallied on the 'two cuts' language, with rate-sensitive sectors leading gains.
02
NVIDIA beats Q1 estimates by 10%, guides higher
Data center revenue hit $22.6B vs $21.1B expected. CEO Jensen Huang highlighted accelerating AI infrastructure demand from hyperscalers.
03
Apple Vision Pro sales disappoint in first quarter
Unit sales came in well below analyst expectations at ~90K. Management focused on developer ecosystem growth and enterprise adoption ahead.
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