Huge AI Deals Keep Markets at Record Highs

Group 1: NVIDIA and AI Investment - NVIDIA announced a partnership with OpenAI for a $100 billion investment to build data centers in a 10-Gigawatt project, termed "the largest computing project in history" by CEO Jensen Huang [2][3] - This investment significantly increases OpenAI's valuation, which was around $147 billion last October, and positions it for a secondary share sale worth $500 billion [2] - NVIDIA's market capitalization surged by $145 billion following the announcement, reaching a record high of $4.5 trillion [3] Group 2: Apple and iPhone Sales - The iPhone 17, despite initial lukewarm reception, is tracking 10-15% above the iPhone 16 in sales, driven by sleek design and pent-up demand for upgrades [4] - Apple shares have increased by 4.3% in the current trading session, with a 12.4% rise over the past month and a 49% increase from early April lows [5] Group 3: Market Overview - The Dow, S&P 500, Nasdaq, and Russell 2000 all reached new record closing highs, with respective gains of +0.14%, +0.44%, +0.69%, and +0.59% [1] - Bond yields are gradually increasing, with the 10-year yield at 4.15% and the 2-year yield at 3.61% [1]