Stock Market Today: Fed Cuts 25bps, NVDA v. BABA, Waymo Partners With LYFT
Description
Market closed mixed after the FOMC voted to cut interest rates by 25bps and issued a median projection of 50bps worth of cuts for the rest 2025. Nvidia (NVDA) continued to sell-off as China doubles down on rhetoric against the company. Lyft Inc. (LYFT) drove a big rally after Alphabet's (GOOGL) Waymo tapped the company for an autonomous ride partnership. Marley Kayden takes investors through a packed market day.
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