Nvidia's 2028 outlook double analyst estimates, Bitcoin takes a breather on the threshold of 80,000 dollars

The day's most notable headline came from Nvidia. The company expects its revenues to increase by approximately 70% in the 2028 fiscal year. The key takeaway here is not the figure itself, but the gap: the average expectation of analysts stood at the 45% level. A divergence of this magnitude between a company's own guidance and market consensus shows that spending on the artificial intelligence side is still accelerating rather than seeking a plateau.

Higher-than-expected inflation in Australia altered the scenario on the interest rate front. Economists project that the Reserve Bank of Australia could raise rates even in September, following a re-evaluation of forecasts suggesting "there will be no further hikes this year." Such revisions in the direction of expectations are topics that begin to be priced in prior to the decision itself.

On the Meta front, an agreement was reached to pay up to 18 billion dollars for lawsuits in the US related to social media-induced harms. The company will also introduce stricter measures to better protect youth on Facebook and Instagram.

In crypto, Bitcoin's rise paused near the 80,000 dollar level and is currently trading around 78,400 dollars. Investors taking profit following the largest weekly gain seen in over three years stands out as the main factor behind this pause.

On today's calendar, US Unemployment Claims data will be announced at 15:30 (GMT+3).

This content is for general information purposes and is not investment advice.