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Wholesale prices rose 0.3% in October, putting annual rate at 6.5%, the highest in nearly four years

The producer price index was expected to increase 0.4% in October, according to the Dow Jones consensus.

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Is Nvidia Stock a Buy Right Now?

The AI chip giant's stock valuation suggests shares are oversold.

  • Nvidia stock dropped 20% after CEO Jensen Huang's resignation amid scandal.
  • Company secured customer orders, projected 70% revenue increase for 2028.
  • Nvidia's Vera Rubin AI platform expected to generate $20 billion in Q3.

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