Holy Nvidia!

Every time you think the AI rally has topped out, it finds another gear. Nvidia hit a fresh all-time high after reports it’s deepening its partnership with OpenAI to build massive new data centers — we’re talking about 10 gigawatts of capacity, the scale of ten nuclear reactors. A genius move: OpenAI needs Nvidia chips, and Nvidia is making sure it gets both the sales and the strategic tie. Elsewhere, Oracle rallied 6% on news it will secure TikTok’s US algorithm. Together, Big Tech pushed US indices to new highs, while non-tech sectors lagged. In bonds, the 2-year yield rose past 3.60%, ignoring Trump-linked economist Stephen Miran’s calls for rapid rate cuts. Bitcoin and cryptocurrencies couldn’t benefit from the tech rally, US dollar remained under pressure, while gold extended gains to fresh highs! Listen to find out more!