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
Chowing down on chipotle as the restaurant chain claims further into record territory. Aim melissa lee coming to you live from studio b on the desk, tim seymour and julie beal we start with the two letters that might mean more for the market than anything the fed does, ai the s p closing friday with solid gains climbing back towards the 5100 mark posting its best week since last november the nasdaq doing better up over 4 since monday and the dow ending a second straight week in the green. Those gains come as a slew of Economic Data should have spooked investors. The feds favored inflation gauge staying sticky Commodity Prices on the rise with crude, brent, and copper all higher but all that could not put a damper on the Artificial Intelligence parade. Alphabet surging to a record high after showing progress in its ai ambitions microsoft also climbing as ai boosted its cloud sales and nvidia, the poster child of the business jumping more than 6 today as it appears to be the beneficiary
Is worlds 50th richest man among those detained. Betty while we are watching all of these geopolitical events, including more headlines coming out on north korea, lets focus back on the markets how investors are looking at how all these events playing into their own outlook on the u. S. And the world. I want to bring up this chart, 5080. It shows you how the threeyear and tenure spread, or the five and 30 and two and 10, i should ,ay, trying to find out represented right at the end. You can look at it several ways, or maybe specifically two ways,hich is the bill gross way which is the economy is much gloomier than perhaps with the numbers are showing some and there is not much more room to raise rates in the u. S. Despite officials say. On the other hand, others say this is not about the u. S. , the u. S. Is doing just fine, it is about the rest of the world, which is falling apart, they are all coming here to buy the safety of u. S. Treasuries, can get those yields up, they are basica
Are 30 minutes away from the open in hong kong, china and taiwan closed for trading, but singapore and malaysia coming online, a slew of asian pmis, the markets have a lot to digest. Lets get it over to david ingles. Happy first day of the quarter, by the way. David and to you as well, heidi. Ofeak dollar story, a bit deals. The leaders across asia, a few flat markets. South korea. 5 , new zealand, singapore, we wont get into the details. Japan erasing earlier losses. Have a look at the currency markets, inflows, the south korean won, a big movement with high beta currencies like the won. 1111 predicted in the next few months. All right, put this up and have a look at the commodity markets, and no Movement Across energy. There was a big move last week. All the information has been priced in. Next key thing is what happens to inventories. That is what opec keeps saying. Look at inventories and the main data. When we moved to june, we expect the needle to be moved a little bit. The bonds
After shaking up his cabinet without consultation. 5 0000 and the emirates, in london. Just a day in hong kong. A strong day across the asian markets. We are seeing the benchmark gaining with some of the margin markets leading. Goal function the on bloomberg, you can see these gains in the equity market. The south korean won also leading. Although, there is caution on the won and a taiwan dollar as having depreciated to quickly. On friday, we saw a rally after the new york fed president s had there is no urgency to raise rates. We are seeing sovereign bond markets in asia also gaining ground. This is the trading picture. Just under two hours away from the opening of the emirates markets. 10 00 local time in dubai. Energy and industrials were bright spot in the equation. We are seeing pressure on telcos. First day of trade driving abu dhabi momentum. Bank, makingbi gains up to 1. 5 . Low volumes on the whole in q atar and egypt. Assets forhing some you. Take a look at that. Gold, 1248.