Nasdaq Hits Record As Earnings Beat Forecasts; CPI, PPI Reports Ahead
1. Nvidia and AMD to share 15% revenue with U.S. on China AI chip sales. 2. Nasdaq hits record high, bolstered by positive earnings reports. 3. Earnings growth is surprisingly stronger than revenue increases. 4. AI chip export licenses under scrutiny due to U.S.-China tensions. 5. Market outlook remains cautious amid potential inflationary pressures.