Fed rate hike lands; US stock futures climb premarket, Nvidia CEO sees chip sales doubling next year

The cross-asset reaction is the real signal here: equities and gold rallying while crude slides suggests markets are pricing this hike as a peak rather than a step toward tighter conditions, and the BoE's hawkish hold reinforces that divergence. Nvidia's own sales guidance matters less as a forecast than as a test of whether AI chip demand can stay decoupled from the rate cycle. Whether that decoupling holds once the Fed's next move comes into view is the open question.