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Nvidia Selloff Looms; Core PCE Rises; xAI Trains Grok (+5 more stories)
The Daily Business and Finance Show - Friday, 26 July 2024
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Today's headlines:
Nvidia could see a massive technical selloff according to price momentum indicators
Fed's preferred inflation gauge - core PCE - rises 0.2% in June, as expected
Elon Musk's xAI is now training its Grok AI chatbot based on X posts
Pitney Bowes sells…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.