SNOW Jul 2024 340.000 call

Nvidia earnings, Jamie Dimon weighs in on economy: Morning Brief

The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are raring to go as they open Thursday's session higher after Nvidia's (NVDA) more than promising first-quarter earnings reported after Wednesday's market close. Catch Yahoo Finance's exclusive interview with Nvidia CEO Jensen Huang. The Morning Brief Anchors Seana Smith and Brad Smith walk you through everything Nvidia this morning and how stocks are reacting to the chipmaker's latest earnings beat. Charles Schwab Chief Global Investment Strategist and Managing Director Chief Global Investment Strategist and Managing Director Jeffrey Kleintop sees market drivers moving out of just the tech sector, as European economic data shows promise, also outlining trade tensions between the United States and China to be possible headwinds for Nvidia going forward. In other news, the US Justice Department is reportedly prepping an antitrust lawsuit against concert and event ticket seller Live Nation Entertainment (LYV). After the release of the Federal Reserve's May FOMC meeting minutes, JPMorgan Chase (JPM) CEO Jamie Dimon and Goldman Sachs (GS) CEO David Solomon have weighed in on the state of the US economy, voicing concerns for a hard-landing scenario and the Fed's path for interest rates. This post was written by Luke Carberry Mogan.