"The markets are showing a lack of conviction this morning, with stocks posting slight gains. The Nasdaq Composite and S&P 500 are higher out of the gate while the Dow is essentially flat on the heels of its record performance. Tech leaders Apple ( Nasdaq: AAPL) and Tesla ( Nasdaq: TSLA) are both under pressure, keeping the Nasdaq Composite from further gains."
"Nvidia CEO Jensen Huang was a featured speaker at CES, and he didn't disappoint. Hunag has unveiled Alpamayo, an AI-powered autonomous vehicle that he says is capable of thinking and reasoning in real time. Nvidia ambitiously plans to launch Alpamayo on U.S. roads in Q1 2026, with the Mercedes-Benz CLA set to be the first vehicle to feature the technology. The company is also eyeing the 2027 launch of a robotaxi joint venture with an anonymous partner."
Markets opened with modest gains and lack of conviction, with the Nasdaq Composite up 0.16% and the S&P 500 up 0.10% while the Dow remained essentially flat after a record performance. Tech leaders Apple and Tesla traded under pressure, limiting Nasdaq advances. At CES in Las Vegas, Nvidia announced Alpamayo, an AI-powered autonomous vehicle capable of real-time thinking and reasoning, targeted for U.S. roads in Q1 2026 with the Mercedes-Benz CLA as the first vehicle and a robotaxi joint venture eyed for 2027. Raymond James warned of potential memory chip supply shortfalls. Ford reported a 6% increase in 2025 sales, its best decade performance.
Read at 24/7 Wall St.
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