Tom Busby

Skyrocketing prices for gasoline, diesel and natural gas all since the start of the war against Iran is expected to send consumer prices higher for March.

Bloomberg consensus calls for the overall consumer price index for last month to rise 0.9% from February and up 3.4% year over year.

That's one full percentage point more than the increase reported in February year over year.

As for core CPI, when you take out volatile food and energy prices, that's expected to rise 0.3% from the month prior, up 2.7% from a year ago.

Tom Busby, Bloomberg Radio.

With incredibly long lines at airport security checkpoints and airfares on the rise because the war in Iran sent oil prices soaring higher, a lot of vacationers are changing their getaway plans.

A ton of them are avoiding airports, renting cars to drive to vacation instead of flying.

That sent shares of Hertz Global on Thursday up 9%, Avis Budget shares up 13%.

Now you just have to watch out for long lines at the rental car counter.

NVIDIA needs to deliver another blowout earnings report to justify the hundreds of billions of dollars being spent by tech giants on its artificial intelligence chips and other AI infrastructure.

CEO Jensen Wang has assured investors that demand remains high as customers like Alphabet and Meta Platforms have detailed aggressive spending plans over the last few weeks.

But investors are eager to hear about additional ways for NVIDIA to grow, including planned chip sales in China.

Bloomberg consensus calls for revenue of $65.91 billion on adjusted earnings per share of $1.53.

Tom Busby, Bloomberg Radio.

NVIDIA needs to deliver another blowout earnings report to justify the hundreds of billions of dollars being spent by tech giants on its artificial intelligence chips and other AI infrastructure.

CEO Jensen Wong has assured investors that demand remains high as customers like Alphabet and Meta Platforms have detailed aggressive spending plans over the last few weeks.

But investors are eager to hear about...

Additional ways for NVIDIA to grow, including planned chip sales in China.

Bloomberg Consensus calls for revenue of $65.91 billion on adjusted earnings per share of $1.53.

Tom Busby, Bloomberg Radio.