Meeting minutes from the Federal Reserve could offer clues on the future of Fed inter💜est rate hikes, and Nvidia reports earnings. Here’s what investors need to know today.

1. Fed Mee൲ting Minutes May Ofജfer Clues on Rate Hikes

Later today at 2 p.m. ET, the Federal Reserve will release minutes from i🎐ts policy meeting earlier this month. Economic data released since the meeting, inc🍨luding a blowout jobs report and hotter-than-expected reports on  and  suggested inflation is not cooling as quickly as previously anticipated.

2. Nvidia Bulls See AI Boo🌄st Offsetting PC Slump

Nvidia () is expected to report its  to🍒day following a 46% jump in shares this year. Nvidia shares have benefited from the frenzy over artificial intelligence (AI) stocks following the release of AI-powered chatbot  late last year and analysts expect an upbeat outlook fueled by demand for AI applications.

3. FTC Won't Block Amazon’s Purchase of 1Life Healthcare

The FTC won't block Amazon’s purchase of 1Life Healthcare, which operates the One Medical line of primary care clinics. The FTC said it won’t block the $3.9 billion deal, but will continue to investigate the merger as Amazon substantially boosts its healthcare offerings.

4. Stellantis Posted Record Annual Profits

Jeep and Dodge maker Stellantis posted record annual profits and announced $4.5 billion in shareholder payouts. With a 26% jump in profits and a 41% jump in global battery and EV sales, the company announced a  increase and a stock .

5. Microsoft Siꦬgn💟s ‘Call of Duty’ Pacts with Nintendo and Nvidia

Microsoft struck a 10-year deal to bring Call of Duty and other Activision games to Nintendo’s and Nvidia’s gaming platform if the Xbox maker is allowed to complete its controversial $69 billion acquisition of Activision. The move is the latest part of Microsoft’s efforts to relieve regulators'  concerns about the deal.