AI Gets a Boost, Fed Pause and Weak Retail Sales
June 02, 2023 at 09:03 AM EDT
AI Gets a Boost, Fed Pause and Weak Retail Sales The Biden-McCarthy debt ceiling deal passed the Senate late last night and will move onto the President's desk, preventing what might have been a U.S. debt default. After a brief slowdown in the unstoppable, artificial intelligence-fueled advance of big tech, the sector is back in full force. Nvidia Corp. (NVDA) climbed roughly 5% on the […] Tags: Market Minute The post AI Gets a Boost, Fed Pause and Weak Retail Sales appeared first on Money Morning - We Make Investing Profitable .