Asia-Pacific markets fell Tuesday ahead of central bank monetary policy decisions from the Bank of Japan and the Reserve Bank of Australia.
CrowdStrike CEO on why his company is partnering with Nvidia: ‘We've got the data, they've got the power and the software'Overnight in the U.S., all three major indexes rebounded as tech companies gained, while investors awaited monetary policy guidance from the Federal Reserve.shares rose 0.7% on the first day of the company's GTC Conference — where the chipmaker is expected to showcase its latest inroads in artificial intelligence.
CNBC Pro: Fund manager says this software stock is set to be a 'serious player' in AI, gives it nearly 50% upside But there are already several signs that doubt is beginning to creep into market optimism, according to Deutsche Bank. He sees an Al-driven multi-year upgrade cycle for Apple and the potential for gross margins to re-rate higher.and OpenAI. Apple would get the bigger immediate win financially on a deal since it will allow it to take an asset-light approach to AI, analyst Ben Reitze said in a note Monday."A bidding war for Apple's digital real estate isn't a bad thing for its shareholders," he said.Tom Williams | CQ-Roll Call, Inc.
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