This chapter delves into NVIDIA's leading position in AI technology and the market's fixation on its valuation and industry standing. The discussion also touches on the potential timing of a Federal Reserve rate cut, reflecting on the current economic data and market expectations. Emphasizing NVIDIA's technological edge and the need for clarity in Fed policy, the speakers highlight the importance of sustained market growth and performance.
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Bloomberg News Chief Technology Correspondent Mark Gurman and Bloomberg News Senior Executive Editor Tom Giles report on news that Apple is in talks to build Google’s Gemini artificial intelligence engine into the iPhone. Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey looks at the interest rate environment heading into the FOMC meeting this week. Bloomberg News US Airlines Reporter Mary Schlangenstein and Alex Wilcox, CEO of JSX, discuss why airlines want to stop upstart JSX from luring flyers away. And we Drive to the Close with Amanda Agati, Chief Investment Officer at PNC Asset Management Group.
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