AI Rally Falters as Fed Signals Tighten | US News

The stock market’s on edge as AI hype meets Fed uncertainty—traders brace for Kevin Warsh’s Jackson Hole speech amid mixed inflation data, while Nvidia and other chip giants see pullbacks after strong forecasts. With a 36% chance of a September rate hike, investors eye the Fed’s balancing act: signal tightening without locking in. Meanwhile, PayPal tanks after a buyout collapse, Gap surges with CEO news and profit upgrades—markets react in wildly different directions. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f6b18dc6ad9d9c55