•Broadcom (AVGO) reported its quarterly earnings, sparking positive comparisons with Nvidia.
•CNBC's Kristina Partsinevelos stated that Broadcom succeeded in explaining aspects of its performance or strategy that Nvidia could not clearly articulate.
•Cleveland Fed President Beth Hammack said the central bank may have to weigh tighter monetary policy if inflation does not retreat toward the 2% target later this year.
•Hammack pointed to uncertainty stemming from potential oil shocks that could affect the inflation trajectory.
