Business Lookahead: Crypto bulls and euro bears
STORY: From the artificial intelligence craze to currencies both foreign and digital, these are the stories to watch in business and finance in the coming week.:: Chip, chip, hurrayAI boom bellwether Nvidia reports third-quarter results on Wednesday.Analysts see the chipmaker increasing third-quarter revenue by over 80% to almost $33 billion.Shares are up nearly 200% this year, helping to drive the S&P 500 to record highs.But Nvidia’s blistering multi-year run has also raised the bar for earnings outperformance.A slip-up could fuel worries that the market's AI hopes have outstripped reality.:: A $100,000 questionCrypto bulls want to drive Bitcoin to the moon.The price has risen 30% since Donald Trump won back the White House – and it's showing no signs of stopping, having surpassed $90,000 for the first time ever.The promise of light-touch U.S. regulation means investors can't get enough of the cryptocurrency right now.And there seems to be little standing in the way of a six-figure Bitcoin price tag.:: A question of parityThreats of Trump tariffs are heightening fears about the weak euro zone economy.The euro has slumped about 5% from more than one-year highs in September. Some analysts now expect it to fall to parity with the dollar.Traders see a one in five chance the European Central Bank will cut rates by 50 basis points next month.Third-quarter GDP data from Germany due at the end of the week might offer more hints.:: The Rupiah conundrumIndonesia's central bank will decide on interest rates on Wednesday.It's a toss up whether the policy makers will ease rates or stand pat.Elsewhere in emerging markets, rate decisions in Turkey and South Africa are due on Thursday.
