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Plus, march madness officially kicking off this week and the games have changed dramatically. Now players are allowed to make money which cleared the way for ea sports to bring back an old favorite and play pay players for their names and likenesses. We will get that back to back. Two straight losing week spirit had not happened since october. You can see the nasdaq is leading the way higher by about 1 . The s p 500 not too far behind and the Dow Jones National average of 3 10 of a percent. Ai optimism boosting tech stocks and not just in video which we have already seen. Google and apple may be working together. Those reports both helping those two stocks as well. Now to the two big events that markets will watch this week. First up jensen wong, nvidia ceo delivering the keynote. That is today at 4 00 p. M. Eastern. Everyone wants to know what he will say about demand for aig chips and what they have in the pipeline. Coming u ....
To file an antitrust lawsuit against ticketmaster parent livenation as early as today lets begin with nvidias blowout quarter. The Company Revenue more than tripled in q1, and its datacenter business grew by more than 400 over a year earlier sending shares above 1,000 for the first time heres jensen huang on the call last night the demand for gpus and all the datacenters is incredible. Were racing every single day, and the reason for that is because applications like chatgpt and gpt 4o and now its going to be multimodality and gemini and its ramp and anthropic, you know, all of the work thats being done at all the csps are consuming every gpu thats out there jim, a lot of the commentary today says any worries about an air pocket probably get assuaged today. Yeah, look, there was a lot of teaching on the call last night. Jensen came in right after colette kress, the amazing ceo usually he comes in later, but he wanted to explain t ....
The president of sexual misconduct. The president has denied the accusations, calling the women liars. The firing comes one week after another morning show host. Charlie rose was fired from cbs after several women came to the Washington Post with allegations of being sexually harassed by the anchor. Variety says theyve been working on a story for months details multiple Sexual Harassment allegations against matt lauer and then nbc was aware. In new york, abc7 news. Of course, the details are still coming out. What have we learned from variety about what really happen with matt lauer . Reporter variety is speaking out. More than two months they spent interviewing multiple we will. They interviewed at least three women who called themselves victims. And some of the details they talk about are hard to talk about. One woman accuses matt lauer of summoning her into the office ....
Oakland mayor libby schaaf says this is just one part of a larger solution in the citys ongoing effort to deal with a growing number of Homeless People living on the streets. A tuff shed camp is in place. Laura anthony is live now from city hall. Laura . Reporter hi, dan. This is meant to be a temporary solution. By recent estimates, about 400 people live in encampments here in oakland. By next week, the hope is that 40 of them will have four walls and a roof over their heads. They are tuff sheds, 20 of them, 10 by 12 feet each, meant to put at least a dent in oaklands exploding homeless problem. One exhibited by sprawling tent cities like this one just a few yards away. We have a longterm plan, a midterm plan and this is the right now plan. This is immediate relief. Reporter joe devries is in charge of the homeless outlook plan. We were looking at what would be positive both for the unsheltered and for the surrounding community ....