Bloomberg Daybreak: US Edition Nvidia's AI Future; Trump Aims to Block Key Report
7 snips
Jan 7, 2025 Nvidia showcases its groundbreaking AI innovations at CES, highlighting its shift from gaming to tech leader in AI solutions, even teaming up with Toyota for self-driving vehicles. Meanwhile, former Bank of England Governor Mark Carney hints at a potential run for Canada's Prime Minister. President-elect Trump is making headlines as he seeks to block the release of the special counsel's final report. The landscape is shifting quickly in both tech and politics!
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NVIDIA's AI Advancements
- NVIDIA CEO Jensen Wong announced new AI chips, software, and services at CES.
- This aims to solidify NVIDIA's leading position in the AI industry.
Market Breadth and Value Stock Performance
- Lori Calvacina (RBC Capital Markets) emphasizes the need for broader market participation in rallies.
- She points out that value stocks haven't shown superior earnings growth, hindering broader market gains.
U.S. Blacklists Chinese Companies
- The Pentagon blacklisted Tencent and CATL for alleged ties to the Chinese military.
- This move discourages U.S. entities from doing business with these companies.