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US CPI Inflation Surges to 3.8% — A Three-Year High That Changes Everything for the Fed, Markets and the American Consumer

The numbers thatWall Streethad been quietly dreading arrived on Tuesday morning with the bluntness of a blunt instrument. USConsumer Price IndexInflationrose to 3.8% in the latest reading — its highest level since May 2023 — sending Nasdaq 100 futures down more than 1% and …

Nitish Kishor | 12 May 2026

Buy the AI Chip Rally? Analysts Raise Price Targets on NVDA, AMD, AVGO, INTC and RKLB as Earnings Season Delivers

Wells Fargo raised its price target on Nvidia ($NVDA) to $315 from $265, maintaining its Overweight rating ahead of the company's quarterlyEarningsreport. The revision is grounded in a new capacity-driven model that reflects growing gigawatt-scale data centre buildouts — a shift that underscores just …

Nitish Kishor | 12 May 2026