Nvidia’s stock (NVDA) jumped by a third after its CEO forecast quarterly revenue will jump from $7bn last quarter to $11bn next quarter.Ġ5 June 2023 NFP Review: Strong Payrolls, But No Wage Acceleration This makes the reduction to the 2024 baseline total 1/4mn b/d.Ġ5 June 2023 Equity View: Reality-Check Time for AI and Nvidia Meanwhile, it revised the production baseline for the UAE 0.2mn b/d higher. OPEC+ also agreed to lower the baseline for Russia and select African countries by almost 1.6mn b/d for next year. Saudi Arabia announced they will cut production in July by 1mn b/d, with the potential to extend if required. 05 June 2023 Commodities Oil Weekly: Saudi Arabia Wants a Stranglehold on the Oil Market
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