Weekly Wrap For The Week Ending February 24th, 2023

Weekly Wrap For The Week Ending February 24th, 2023

9 months ago1 min

Key takeaways from this week:

  • Walmart, the world's biggest retailer, reported strong quarterly results but its underwhelming outlook set the tone for a retail industry that could be in for a shaky year
  • Nvidia wowed investors with the success of its AI chips last quarter and plans to push even deeper into the booming sector
  • Data showed eurozone business activity grew the fastest in nine months, raising hopes the bloc can dodge an outright recession this year

And if you're gonna read one insight this week, make it this one looking at why investing giants are taking a cautious approach to markets right now.

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