OPEC Extends Oil Cuts, Nvidia Unveils New Chip
TL;DR Summary
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.
- CNBC Daily Open: Opec extends cuts, Nvidia showcases new chip CNBC
- Exclusive | OPEC+ Agrees to Extend Production Cuts in Bid to Boost Oil Prices The Wall Street Journal
- OPEC agrees to keep oil production cut, likely maintaining high prices through November election Fox Business
- Latest Oil Market News and Analysis for June 3 Bloomberg
- OPEC+ extends oil output cuts into 2025 CNN
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