Nvidia expects revenue to grow ~70% in fiscal 2028, far above analysts’ ~45% forecast, signaling that the AI spending boom remains strong.
Economists now expect the RBA could hike rates as early as September, after hotter-than-expected inflation forced a rethink of forecasts for no further increases this year.
Meta agreed to pay up to $18B to settle US social-media harm claims and introduce stricter youth protections on Facebook and Instagram.
Bitcoin’s rally is stalling near $80K, trading around $78.4K after briefly topping $81K, as investors take profits following its biggest weekly gain in 3+ years.