Good evening, this is Markets Desk with your top stories.
Nvidia has crossed a threshold that would have seemed extraordinary just a few years ago, reporting ninety-nine billion dollars in equity holdings as the chipmaker backs AI labs, cloud providers, and infrastructure firms across the sector. That makes Nvidia one of the world's largest strategic technology investors, a role that extends its influence well beyond semiconductor sales and into the architecture of the entire AI ecosystem.
Turning to space, SpaceX added one point seven million net new Starlink subscribers in the second quarter, a figure that analysts say deserves far more attention than it has received. That kind of subscriber velocity suggests Starlink's revenue trajectory is accelerating in ways that could reshape how investors eventually think about the company's valuation when and if it comes to market.
And on the macro front, the Federal Reserve's initial September inflation forecast for two thousand twenty six is drawing concern on Wall Street. Even as the Dow, the S and P five hundred, and the Nasdaq have pushed to record highs this year, the forecast contains signals that inflation may prove more stubborn than equity markets have priced in, raising real questions about the rate path ahead.
That's the tape. Markets Desk, signing off the floor.
