Nvidia Forecasts Decelerating Growth After Two-Year AI Boom

Nvidia Corp., the world’s most valuable company, gave a tepid revenue forecast for the current period, signaling that growth is decelerating after a staggering two-year boom in artificial intelligence spending. Sales will be roughly $54 billion in the fiscal third...

Dollar General’s Small Outlook Bump Underwhelms Investors

Dollar General Corp. gave investors a mixed bag on Thursday as it barely increased its sales forecast while also pointing to looming pressure on costs and margin. The discounter has benefited from shoppers looking for more deals. The chain has also been less impacted...

Nvidia Analysts Look Past Tepid Outlook, Lift Price Targets

Analysts are staying bullish on Nvidia Corp., boosting price targets even as the world’s most valuable company offered a forecast that underwhelmed investors. Citing the chip giant’s longer-term prospects, at least 10 firms hiked their 12-month price targets after its...

US Treasuries Soar as Powell Says Risks May Warrant Rate Cut

Treasuries jumped and traders added to bets on a September interest-rate cut after Federal Reserve Chair Jerome Powell indicated a reduction may be warranted to support the labor market. Yields tumbled as much as 11 basis points across tenors with the two-year notes’...