OPEC Extends Oil Cuts, Nvidia Unveils New Chip

1 min read
Source: CNBC
OPEC Extends Oil Cuts, Nvidia Unveils New Chip
Photo: CNBC
TL;DR

OPEC+ extends crude production cuts into 2025, while Saudi Aramco plans a $12 billion share sale. Nvidia unveils its new AI chip, Rubin, set for a 2026 release. The Dow Jones Industrial Average posts its best day in 2024, driven by cooling inflation. Bill Ackman aims to raise $1 billion by selling a 10% stake in Pershing Square. Moderna receives FDA approval for its RSV vaccine for people over 60.

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