Wall Street ticks toward another record
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Beth Kindig, CEO of the technology research firm I/O Fund, has built a reputation for bold calls in the tech sector. Much like Cathie Wood's long-standing conviction in Tesla, Kindig has consistently expressed unwavering enthusiasm for semiconductor giant Nvidia (NASDAQ: NVDA).
Reasons for the bullish push include strong AI growth potential and demand for the company's chips.
A narrow majority of US Federal Reserve officials may have penciled in at least two more interest rate cuts this year, but central bank chief Jerome Powell stressed Wednesday that this is more of a probability than certainty.