The CEO of Coca Cola said that inflation is easing, and market confidence may have rebounded

Mondo Finance Updated on 2024-02-14

J9 Coca-Cola CEO said that inflation is easing, and market confidence may have rebounded [Official Entrance: 963 V Point VIP] The inflation data in January exceeded market expectations, triggering a violent shock. U.S. stocks across the board**, with the Dow Jones falling more than 700 points at one point during the session, the biggest drop since 2023. The jump in this number sparked panic in the market, and investors rushed to sell their ** to avoid further losses.

The US Consumer Price Index (CPI) data for January unexpectedly came in higher than expected, which negatively affected the market's expectations for a rate cut. The Fed may delay its plan to cut interest rates as inflationary pressures persist, which has led to higher bond yields. As a result, market expectations for future economic trends have changed, and investors have begun to reevaluate their investment strategies. For the first time, Nvidia's market capitalization surpassed Amazon's, an achievement that is backed by growing demand for AI chips. With its strong technical strength and innovative capabilities, NVIDIA has successfully met the needs of the market. With the popularization and application of artificial intelligence technology, NVIDIA's market prospects are broader.

Airbnb has released strong earnings and is optimistic about its future performance. The company plans to increase investment in overseas markets to further expand its market share. Airbnb believes that the company's business is expected to continue to grow as the global travel industry recovers and consumer demand for travel increases. At the same time, Airbnb will continue to introduce innovative products and services to meet the evolving needs of its customers.

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