Is Nvidia’s earnings growth finally slowing? | Morning Markets

Kevin Kidney, Head of Asset Allocation, looks at the second quarter earnings data that came in yesterday that puts Nvidia ahead of analyst expectations with positive results and an approval of $50 billion in share buybacks, but why did the share price fall in after hours trading? We also look into the Richmond Fed Services activity data that corroborates the Federal Reserves intention to lower interest rates as of September and over in Europe, data from Spain will embolden the European Central Bank to further lower policy rates at next month’s meeting.