A pre-Nvidia PCE-absorption session: softer-than-consensus July PCE validated the renewed-cut-hopes narrative, then Nvidia's Q2 FY27 print landed after the close — a structural re-acceleration that extends the AI capex thesis.
A pre-Nvidia PCE-absorption session: softer-than-consensus July PCE validated the renewed-cut-hopes narrative, then Nvidia's Q2 FY27 print landed after the close — a structural re-acceleration that extends the AI capex thesis.