Closing Bell Overtime: Founders Fund’s Keith Rabois On Instacart IPO; Is A September Rate Hike Off The Table? Breaking Down Today’s Powell Speech; Marvell Tech CEO On AI 8/25/23
Markets steadily climbed higher during the session after digesting Fed Chair Jerome Powell’s speech at Jackson Hole. Wilmington Trust’s Meghan Shue, Jefferies’ David Zervos and our Steve Liesman break down what it means for markets and your money. Evercore’s Krishna Guha on the next steps for the Fed and if a September rate hike is off the table. Marvell Technology CEO Matt Murphy on his company’s latest quarter and the AI demand. Sunnova CEO John Berger on solar power’s role as extreme weather becomes more frequent.
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