abate

In Germany, chip maker Infineon gained 2.6% shortly after it said it expects sales to grow in the new fiscal year as demand for chips powering artificial-intelligence data centers shows no sign of abating.

Confidence on Main Street remains near record lows, suggesting there is still considerable room for pessimism and fear to abate and be replaced by rising confidence, fueling both economic and stock market successes.

With no signs of that investment abating, the firm expects more strong quarters ahead.

While the price of eggs has fallen back to normal levels now that the bird flu crisis has abated, people are seeing the price of beef skyrocket by 51% since February 2020.

Despite a disappointing outlook for the near term, Buchalter said the company’s earnings call didn’t detract from his view that its free cash flow will “see expansion as this investment cycle abates.”