>> THE COUNTDOWN IS ON. EVERYTHING YOU NEED TO GET THE EDGE AT THE END OF THE MARKET DAY. THIS IS THE CLOSE.>> THE FIGHT OVER ACCESS TO CAPITAL. I'M ROMAINE BOSTICK. >> KICKING OFF TO THE CLOSING BELL, MARKETS STAGING THE REBOUND AFTER THE TREASURY ANNOUNCED PLANS TO BUY BACK LOWER DATED BONDS.YIELDS HIT ALL-TIME HIGHS. THE S&P INCHING HIGHER BY 0.3%, CHIPS ARE THE BIGGEST LOSERS DOWN BY 2%. WE HAVE THE DOLLAR HITTING ITS LOWEST IN THREE MONTHS.>> SCOTT BESSENT NINE MONTHS AGO FAMOUSLY SAID IT IS HIS JOB TO ...

WE MENTIONED LAST NIGHT, ELECTION SET THE TABLE FOR SOME KEY RACES TO WATCH THIS NOVEMBER, INCLUDING IN FLORIDA, WHERE CONGRESSMAN BYRON DONALDS WILL GO UP AGAINST FORMER CONGRESSMAN DAVID JOLLY IN THE STATE'S GUBERNATORIAL RACE. THE TWO ARE ALREADY TAKING AIM AT EACH OTHER IN THEIR VICTORY SPEECHES LAST NIGHT. >> ELLISON DAVID JOLLY IS A CAREER POLITICAL INSIDER, A WASHINGTON LOBBYIST CASTING CHECKS FOR SPECIAL INTERESTS AND AN MSNBC COMMENTATOR WHO WAS PART OF THE VERY REVOLVING DOOR.HE CLAIMS HE'D CLEAN ...

Amazon's drone delivery service is expanding to Chicago, Cleveland, Atlanta, Boise, and Syracuse, New York, with more to come by the end of the year. Amazon aims to deliver packages under five pounds in less than an hour. And each airbase has a delivery area of about 175 square miles, according to the company.So, if you're within 7 12 miles of an Amazon warehouse, watch your head. Last year, Nvidia CEO Jensen Wang said last generation GPUs were basically worthless. This year, he says they're new asset class ...

Hardware Performance - Vera CPU delivered 1.8%x more performance per loaded core compared to traditional x86-based systems [1] - Scale-up NVLink fabric switch demonstrated 2x performance compared to off-the-shelf ethernet [1] - CoreWeave platform delivered 10x measured performance per watt versus Blackwell [1] Production and Market Readiness - Real silicon measurements on the Vera Rubin platform demonstrate full production readiness [1][2] - The entire ecosystem is ready to bring the new platform to market [2]

the earnings report of all earnings reports from chip king Nvidia on August 26. What I am wondering at the moment is if the stock has gotten too darn cheap, BFA analyst VC Arya said today in a note that Nvidia may be 50% undervalued. I mean why not 80% but he said 50%.Taking uh this one to the round table, Jared, let me get back to you. Uh the call out is interesting in the sense Nvidia stock is coming up against that all-time high I believe hit on May 14th. >> Yeah.So, it's a really interesting setup here ...

>> "BLOOMBERG TECH" HIS LIVE FROM THE HEART OF SILICON VALLEY, WITH ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH." MARV L AND GOOGLE EXPAND THEIR PARTNERSHIP FOR CHIP DEVELOPMENT, GIVING THE SEARCH GIANT THE RIGHT TO BUY AS MUCH AS $12 BILLION IN STOCK. SK HYNIX PLANS TO BUY BACK $29 BILLION OF SHARES AND RETURN MORE PROFITS FOR INVESTORS TO STABILIZE ITS STOCK AFTER FALLING MORE THAN 50% IN TWO MONTHS.AND ESTRADA FREEZES $100 MILLION -- AND A STARTUP RAISES $100 MILLION TO BRING NUCLEAR FUSION E ...

So the way Bank of America is coming at this is through a sum of parts free cash flow and they're comparing Nvidia to some of their peers like Marll or AMD. AMD Marll for 2027 they got those 46 49 times multiple. And then Nvidia has all these circular financing deals.Even if you impair 50% of its cash flow, they still end up with some pretty big numbers. And so based on that, you're saying Nvidia should be trading a lot higher or should be a lot more expensive. It's cheap right now.>> I thought it's been ch ...

CNBC business news update market midday. I'm Jessica Edinger. The major averages are all in the green this afternoon.The Treasury Department doubling the debt buybacks as it seeks to steady the bond market and Treasury yields are falling today. Checking the Dow, it's up 193 points now, really being helped by shares of Merc, which are up more than 10%. The S&P 500 index is up 43 points this afternoon.That's a half percent. The Nasdaq now up 156 points this afternoon. That's a little more than a half a percen ...

Market Dynamics & Asset Depreciation - Rental value for Nvidia H100 chips experienced a 50 to 70 percent collapse from roughly $8 per hour in early 2024 to $2 to $3 by late 2025[1] - Hardware resale value is estimated by analysts to fall to around half of original purchase price after 3 years, while debt structures run for 5, 10, 15 years, and up to 2049[1] - Operators are depreciating GPUs over 4 to 6 years in accounts, though market data indicates real economic decay is closer to a 50 percent drop in 3 years[16][17] Financing Gap & Structured Debt - Morgan Stanley projects global data center capital expenditures between 2025 and 2028 at roughly $2.9 trillion, consisting of $1.3 trillion for buildings and power plus $1.6 trillion for computing hardware[3][4] - Hyperscalers' operating cash flow covers around $1.4 trillion, leaving a financing gap of roughly $1.5 trillion that requires heavy borrowing from private credit and securitized products[4][5] - Five major tech firms carry $1.35 trillion of reported debt alongside $1.65 trillion of off-balance sheet AI obligations, with hidden portions growing eight-fold in four years[12] Bitcoin Miners & AI Pivot - Weighted average cash cost to mine a single Bitcoin hovered between $75,000 and $88,000 across 2025 and 2026, leading miners to convert operations into AI data centers and sell over 15,000 coins[24][25] - Public miners disclosed over $70 billion in cumulative AI and high-performance computing contracts, with projections showing miners pulling up to 70 percent of revenue from AI by the end of the year[25][27] - Core Scientific posted a net loss of $347 million in the first quarter of 2026 before agreeing to a $9 billion all-stock buyout by CoreWeave to eliminate over $10 billion in future lease obligations[29][30]

Market Dynamics & Macro Trends - SK Hynix announced a massive share buyback plan valued at about $29 billion to ease investor concerns over AI overspending [3][41] - The 10-year Treasury yield is holding below 4.70%, while the 30-year yield stands at 5.2762%, about 5 basis points off its high [8] - Alphabet paid just under 7% (specifically set at 6.90%) to borrow longer-dated funds through an Australian bond sale [12][13] - Brent crude is trading well above $90 a barrel for a fourth straight day, with WTI around $85 [8][22][28] - Goldman Sachs estimated that AI-related borrowers accounted for 18% of U.S. investment grade issuance, up from 1% in 2024 [70] Industry & Corporate Performance - MCI Asia experienced its worst day in three weeks with the Kospi index down nearly 6% [3] - The Philadelphia Semiconductor Index fell 6% (or 5%) following a massive global chip sell-off [6][39] - Quayside Technologies reported a forecast ahead of expectations, driven by spending on AI infrastructure, defense, and 6G networks [9] - Trainline shares dropped significantly (down more than 15% in London) after the competition authority opened an investigation into drip pricing [10][42] - Data center related companies are seeing dilution concerns as they decide to issue convertible senior notes to the tune of $250 million [75]