What’s News in Markets: Bond Selloff, Big Nvidia Deals, Apple’s New CEO
Summary
WSJ’s Shrada Dinesh reviews a rocky market week driven by Middle East tensions pushing oil above $90 and bond yields to multi-year highs. A strong jobs report increased expectations for a Fed rate hike. Nvidia expanded its AI dominance through major deals with MediaTek, Lambda, and Hugging Face, while Apple’s new CEO Tim Turner faces challenges catching up in AI after replacing Tim Cook.
Topics discussed
Sponsor: ReliaQuest Agent Defense AI
Introduction and market overview
Middle East conflict and oil price surge
Bond yields hit multi-year highs
Jobs report and Fed rate hike odds
Nvidia's major AI deals and acquisitions
Apple's new CEO John Ternus
Show credits and sign-off
Sponsor: David Booth's book 'Stay Calm'
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