NVIDIA now produces more free cash flow than Microsoft. https://t.co/f1BzrTALze ...

By Karishma Vanjani A rally among the biggest technology stocks in the world has pushed the U.S. stock market to nosebleed levels as investors braced for a slew of earnings. CONCLUDED Stock Market Today: Dow Hits Record Last Updated: Updated 10 hours ago Tech Giants Power On: Microsoft Hits $4 Trillion, Nvidia Races for $5 Trillion The Wall Street Journal Cryptocurrencies Data Magazine Markets Stock Picks Barron's Live Roundtable Barron's Stock Screen Personal Finance Streetwise Advisor Directory The S&P 50 ...

Apple and Microsoft joined Nvidia in the $4 trillion market cap club on Tuesday after shares of the tech giants climbed, pushing both into the elite level. Nvidia, which hit the milestone in July, still leads both companies with a market cap of about $4.8 trillion. Shares of the tech giant hit the mark intraday before settling just below that level of $269.53 per share. Shares closed at $269 apiece. The momentum is being fueled by Apple's iPhone 17, which made its debut in mid-September. Analyst Dan Iv ...

>> BLOOMBERG TECH'S LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS BLOOMBERG TECH, MICROSOFT AND OPENAI FINALIZE A NEW AGREEMENT. MICROSOFT GETTING A 27% OWNERSHIP STAKE IN THE AI START UP WORTH ABOUT 135 BILLION.IS NVIDIA'S D. C. SUPER BOWL.WHAT INVESTORS ARE LOOKING FOR IN JENSEN HUANG'S KEYNOTE ADDRESS AT THE GCC CONFERENCE. AND WE SIT DOWN WITH ROBYN DENHOLM TO TALK THE PUSH TO CONVINCE SHAREHOLDERS TO APPROVE THE $1 TRILLION PAY PACKAGE FOR ELON MUSK ...

Is this clarity a good one for you when it comes to the Microsoft thesis. Oh, sure. I mean, you know, partnering with opening eye opening is probably one of the most significant companies of our decade of this decade.And to be able to partner with open air and increase the time horizon over which the partnership will will exist was important for for Microsoft because the underlying technology is being developed at open air. So, you know, welcome. We're very happy to see it.The extension of the data center p ...

Group 1: Microsoft and OpenAI Partnership - The partnership between Microsoft and OpenAI is seen as significant for both companies, with an emphasis on the importance of extending the partnership duration to leverage OpenAI's technology development [1][2] - Microsoft is expected to generate real revenue from generative AI, while also maintaining access to intellectual property [3] - The collaboration is viewed positively, indicating a resolution of previous tensions between the two companies [2][3] Group 2: Market Potential and Investment Opportunities - The market opportunity related to AI is described as substantial, potentially reaching hundreds of billions, rather than just tens of billions [5] - There is a growing anticipation for earnings from major players in the tech sector, including Microsoft, Nvidia, Amazon, and Alphabet, as they prepare for upcoming announcements [6] - Investment strategies are shifting towards not only infrastructure but also companies that are actively deploying AI technologies [7] Group 3: Infrastructure Development - A significant build-out of infrastructure is expected over the next 2 to 3 years, which is crucial for the deployment of AI technologies [8] - Companies are likely to increase their capital expenditure (CapEx) estimates in the upcoming earnings season, indicating a focus on infrastructure investment [8][9] - The need for initial investment in infrastructure is highlighted as a prerequisite for future revenue generation [9]

joining us now on set to talk about some other news AI related. We got Amazon, we got some open AI, Microsoft news as well. McKenzie Seagalos McKenzie, we'll get to the Amazon stuff, get to the open AI stuff because they made some comments about energy as well.But as somebody who covers this stuff every single day, anything you heard that sort of takes us into a new track or is it stuff we've heard about Nvidia's business prospects prior. I feel like this is the latest example of Nvidia leaning into this te ...

Core Insights - The article discusses the competitive landscape in the AI and semiconductor industries, highlighting significant investments and strategic moves by major players like Nvidia, OpenAI, Microsoft, and AMD [2][3][4]. Investment and Strategic Moves - Nvidia is making substantial investments, including $100 billion into OpenAI and $5 billion into Intel, while also acquiring a $500 million stake in a self-driving startup, indicating a broadening of its business model [3]. - OpenAI has finalized a commercial agreement with Microsoft, which now holds a 27% equity stake in OpenAI, valued at approximately $135 billion from an initial investment of $13 billion [11][12]. Infrastructure and Energy Ambitions - OpenAI's CEO, Sam Altman, announced a commitment to 33 gigawatts of compute power, aiming to reduce the cost of building a gigawatt of compute from $50 billion to $20 billion, which is seen as an ambitious goal [8][10]. - Altman has received 800 bids from infrastructure providers across North America to support his energy needs, indicating a strong demand for diverse power sources [10]. Market Reactions and Trends - The article notes a PR and investment race among tech companies, with significant stock price surges following announcements related to OpenAI partnerships, showcasing the influence of AI-related news on market performance [4][5][6].

Market Overview - The market is experiencing a resilient rally, with the S&P index closing above 6,800 and potentially reaching 6,900 soon [2][4] - There is a prevailing optimism regarding earnings, with expectations for a strong earnings season, particularly from major companies like Visa and Mastercard [4][5] Investor Sentiment - Investors are currently not expressing near-term negative views, indicating a strong bullish sentiment [3] - Concerns about potential issues, such as job data, are present but not significantly impacting market confidence [4][6] Economic Factors - The fiscal backdrop is supportive of growth, with expectations for lower rates, which is seen as a tailwind for the market [6] - The current liquidity and benign inflation are contributing to a positive market environment, although there is a recognition that this could change in the new year [7] Market Dynamics - There is a sense that market enthusiasm is being driven by fundamentals, particularly profits that continue to surprise on the upside [9] - Despite some investors being cautious and questioning if certain sectors are in a bubble, this has not translated into a significant shift in capital allocation [8][9]

Hello and welcome to Eye on AI…In this edition: OpenAI’s new deal with Microsoft…Elon Musk launches Grokipedia…data engineers struggle with AI workloads...and are AI browsers a security risk? Hello, Beatrice Nolan here, filling in for Jeremy Kahn, who is traveling back from the Fortune Global Forum in Riyadh today. In big AI news, OpenAI and Microsoft announced that they had reached an agreement on the future of their partnership that allows OpenAI to complete a long-awaited corporate restructuring.The arr ...