Since 1997, up 18 check out some of the biggest winners. Netflix up a whopping it . Boeing, up 7 . Oracle up 5 exxon up 4 . With stocks at record highs and the s p 500 surging 2 this week, guy adami, would you trade or fade this market . Trade it or fade it top of the show on friday. I got to be consistent, mel, and i will say fade it it has clearly been wrong now for weeks if not longer, but i will say fade it as we go into the next week, g20 i think will be a nonevent, which is negative. Fedex earnings next week i think will be negative, which is market negative. The fact that the vix is at these levels rallied today, 15 or so has been a level where the market has sis torically sold off from over the last year or so all of those things equal on top of which the run has been magnificent, too much too fast, i say trade it into next week. You are trading it . I would trade it. I cant think of a scenario that you would fade this rally. Really . No scenario . Not one single scenario . Wha
Bonawyn eye sonson, karen finerman, dan nathan, and guy adami. Ceo jensen huang of nvidia speaking right now. Hes announced new partnerships and unveiled a new gpu. Shares up 5 earlier in the day, but closed up less than a percent, currently trading down by a quarter of a percent. Kristina partsinevelos joins us now with the very latest. Kristie anyway . Nvidias ceo reiterating we are just at the Tipping Point for a. I. , and all that means is that youre going to need bigger gpus. Nvidia revealing its new generation Artificial Intelligence platform. Key word platform there, to run a. I. Models. They are calling it blackwell, and it comes with the blackwell bh200 gpu, the graphics processing unit, the latest one weve been waiting to hear about. Its going to be four times the training performance of the h100. 25 times lower in energy use and 30 times the inferencing power, compared to the previous hopper architecture, or the h100 chip that weve all talked about constantly. Inferencing is
Yesterday. 4. 23 . If you check out the price of copper, copper ended at the highest settlement since october of last year. This morning, it is off 1 . Watching that copper closely because it is a signal of expectations for global manufacturing. Japan central bank raising rates for the First Time Since 2007 and ending the other easing measures. This is the longest easing from any central bank. They were the lfirst to go in ad the last to come out of the easing. It raised the rate to 0. 1 . That was up from negative to 0. 1 . The yen trading at the lowest level of the year compared to the dollar. The central bank abolishing the yield curve control policy for japanese sovereign bonds. The central bank said it planned to purchase government bonds worth broadly the same amount as before. It will scale back asset purchases and qt. It is not really aggressive if you are talking about zero to 0. 1 . Backing away from the eightyear experiment. Experiments are not eight years. The new normal. I
Spike this week. How the platform has tripled its User Base Since it picked up the cryptocurrency. As big tech races to control your living room, we hear from the brain behind amazons alexa. First, to our lead. Passedenate republicans their version, we explore the ways the proposed legislation could affect the tech industry. Take a listen. It was a round of applause for gop senators as they passed their version of a tax bill. Trump administration closer to its first piece of signature legislation. If they sent it to my desk, i promise all of the people in this room, i promise you i will sign it. I promise. I will not veto that bill. Tech companies have spent to make sure their interests are heard. Big tex stands to benefit in a few week ways. It would slash the corporate rate from 35 to 20 . According to goldman sachs, the tech sector already benefits from a 24 effective rate. Hordes of cashhe stockpiled overseas. Big tech stands to benefit from this legislation that allows them to def
Your living room, we hear from the brain behind amazons alexa. First, to our lead. After Senate Republicans passed their version of tax reform in the u. S. We explore the ways the , proposed legislation could affect the tech industry. Take a listen. It was a round of applause on capitol hill for gop senators as they passed their version of a tax bill. Pushing the Trump Administration closer to its first piece of signature legislation. If they sent it to my desk, i promise all of the people in this room, my friends, so many friends in this room. I promise you i will sign it. I promise. I will not veto that bill. Tech companies have spent to spent big to make sure their interests are heard. Big tech stands to benefit in a few ways. The latest bill would slash the corporate rate from 35 to 20 . According to goldman sachs, the tech sector already benefits from a 24 effective rate. Then there is the hordes of cash stockpiled overseas. Big tech stands to benefit from this legislation that al