The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Extreme Fear” zone on Monday.U.S. stocks settled higher on Monday, with the Nasdaq Composite surging around 600 points during the session after dovish signals from New York Fed President John Williams on Friday and Governor Christopher Waller on Monday, driving a swift repricing of rate expectations.Traders now assign an 80.9% chance to a 25-basis-point cut at the Dec. 10 Federal Reserve meeting ...

Market Sentiment - The CNN Money Fear and Greed index showed some easing in the overall fear level, currently at 13.9, remaining in the "Extreme Fear" zone compared to a prior reading of 12.1 [6][7] - Traders now assign an 80.9% chance to a 25-basis-point cut at the Dec. 10 Federal Reserve meeting, up from 71% on Friday and just 25% one week ago [2] Stock Performance - U.S. stocks settled higher, with the Nasdaq Composite surging around 600 points during the session, driven by dovish signals from New York Fed officials [1] - Within the Magnificent Seven, Alphabet Inc. gained 6.3%, pushing its market capitalization above Microsoft Corp., making it the world's third-largest publicly traded company [2] - Tesla Inc. soared almost 7% after CEO Elon Musk announced plans to design and deploy "several million AI chips" across its vehicle fleet and data centers [3] Sector Performance - Most sectors on the S&P 500 closed positively, with communication services, information technology, and consumer discretionary stocks recording the biggest gains, while consumer staples and energy stocks closed lower [4] - The Dow Jones closed higher by around 203 points to 46,448.27, the S&P 500 gained 1.55% to 6,705.12, and the Nasdaq Composite gained 2.69% to 22,872.01 during Friday's session [4] Upcoming Earnings - Investors are awaiting earnings results from HP Inc., J M Smucker Co., and Alibaba Group Holding Ltd. today [5]

White House officials are urging members of Congress to oppose a measure that would limit Nvidia’s ability to sell AI chips to China and other adversary nations, sources say https://t.co/dFJux8EUQ3 ...

Shortages of advanced AI chips are so acute that Beijing is intervening and tech companies are resorting to workarounds https://t.co/8Rt79dt7P5 ...

Nvidia Chief Executive Officer Jensen Huang said his company isn’t in active discussions to sell its Blackwell AI chips to Chinese firms, waving off speculation it’s trying to engineer a return to the world’s largest semiconductor market https://t.co/FHbf0vl9uW ...

Company Performance & Goals - Tesla investors approved a CEO performance award for Elon Musk valued at approximately $1 trillion, contingent on achieving ambitious targets [2] - Musk aims to increase Tesla's total stock value from $1.5 trillion to $8.5 trillion over the next 10 years [3][4] Production & Technology - Tesla plans to have 1 million robo taxis in operation and sell 1 million Optimus robots within the next decade [4] - Tesla is developing its own AI chips and a facility to produce them, instead of relying on external suppliers like Nvidia [7] - Tesla anticipates the cost to produce one Optimus robot to be around $20,000 once production reaches 1 million units per year [5] - Tesla is developing Optimus robots with plans for annual release cycles and significant improvements, aiming for Optimus 4 production in 2027 and Optimus 5 in 2028 [6] Future Vision - Tesla envisions Optimus robots and Tesla vehicles being used on Mars [9] - Tesla is exploring the potential of using Neuralink to gather data that may allow for human consciousness to be uploaded into a robot body [9] Competitive Landscape - A proposal to audit child labor in Tesla's supply chain and tie executive compensation to sustainability goals was voted down by investors [2] - Tesla's shareholder meeting occurred shortly after Chinese competitor Xpan held its AI day, showcasing driverless cars and a new humanoid robot [9]

Mr. . Secretary, if uh the Supreme Court were to to uh to go against the president on this, are you confident that uh another uh route can can be found to continue with the with the policy and not get into the morass of trying to be I don't I don't even know how it would work if you had to, you know, start reversing some of the uh what we've seen with with the tariffs. Yeah, Joe, there there are lots of other authorities that can be used, but AIPA is is by far the cleanest and it gives the US and the presid ...

Group 1 - Nvidia CEO Jensen Huang is optimistic about resuming sales of advanced chips in China, highlighting the need to address U.S. national security concerns [1][2] - Huang expressed hope for the sale of Nvidia's Blackwell AI chip in China, stating that the final decision rests with President Trump [2] - Huang emphasized the importance of the Chinese market, noting that China produces a significant amount of AI chips and has limited access to American chips [2][3] Group 2 - Nvidia announced a deal to supply over 260,000 AI chips to South Korea, including major corporations like Samsung and Hyundai [4] - Nvidia's stock has surged 46.63% year-to-date, closing at $202.81 [5]

Beleaguered chipmaker Intel, which has fallen badly behind rivals in the race to develop powerful AI chips, reported income of $4.1 billion for the third quarter https://t.co/Dvpr6EGdw2 ...

So another day, another deal that this time Nvidia seems to be in keeping with that. What do we know. According to our own reporting, this obviously is a Bloomberg scoop.Yeah, it's a Bloomberg scoop and it's been very well read today as well. So it tells you there's a lot of interest. Again, to your point, we've just seen deal after deal after deal being struck in the ai infrastructure space in particular.But what we've got from sources here is that so xAI we knew that were looking to do some fund raising. ...