SpaceX's xAI Unit Could Double Nvidia Chips at Colossus 2 by Year-End, Musk Says
MT newswire2026/09/25 08:45Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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WTI crude oil falls below $89 per barrel, down 3.91% intraday.
New York gold futures rose 1% intraday to $4210.10 per ounce.
The probability of a rate hike in October has dropped to 50%. The Federal Reserve's "third in command" stated: another rate hike is needed this year, but there is no need to rush.
John Williams, President of the New York Federal Reserve, stated that if the economy performs broadly in line with expectations, it may be appropriate to raise interest rates once more later this year, but the September rate hike has allowed for more observation time, and “there is no need to act in haste.” Following Williams' remarks, the market's expectation for a Federal Reserve rate hike in October fell from around 70% to about 50%.
US Stock Market Movement: Meta soars on September 29 — Enterprise AI Platform and Small Business Muse
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