Watch Nvidia, the Fed, and More
Baystreet·- The technology sector awaits Nvidia's quarterly earnings report amid a GAAP TTM P/E of 32.88 times, which will likely influence other semiconductor and software stocks. - Federal Reserve Chair Kevin Warsh is scheduled to speak at the Jackson Hole symposium following the release of the August core PCE price index report. - The 30-year Treasury Bond recently reached a yield of 5.33%, a level not seen since 2007, driven by corporate debt issuance related to the artificial intelligence boom.QUICK SPARK: SPY Gets $1.9B Boost in One Day as QQQ, GLD and SOXL See Outflows
benzinga_article·- Investors poured $1.89 billion into the State Street SPDR S&P 500 ETF Trust while the Invesco QQQ ETF suffered $1.24 billion in redemptions. - Broad-market and fixed-income ETFs saw strong demand, whereas gold, technology, and financial funds experienced significant outflows. - The latest flow data highlights a sharp one-day divergence in investor positioning between broad-market exposure and growth-heavy assets.Global borrowing costs soar to pre-financial crisis levels
MSN·- Global borrowing costs have surged to levels last seen before the financial crisis due to fears over unsustainable government debt piles. - Factors including the Iran conflict, the AI industry's heavy borrowing, and inflation fears drove the 30-year US Treasury yield to a two-decade high. - These developments reflect growing market anxiety that governments are losing control over their mounting financial obligations.