that's all for this edition of "dateline." i'm craig melvin. thank you for watching. ♪ hello. welcome to "street signs." i'm carolin roth from london these are your headlines the main event lives up to the billing as nvidia tops the lofty forecast with the record revenue with the a.i. chips sending shares above $1,000 in pre-market trade fed minutes reveal concerns over stubborn inflation weighing on stocks in the wall street session. jamie dimon refuses to rule out

a hard landing. >> can inflation be stickier than people think? the odds are higher because of the fiscal stimulus in the system and driving the liquidity with the markets going up. german business activity growing for a second straight month as services surge, but it is a different story in france where activity contracts coming in below forecast. mark your calendars, prime minister rishi sunak marks when they will go to the polls. the fourth of july he has an uphill battle closing the gap in the polls ♪ good morning, everyone more pmi data coming your way. eurozone flash manufacturing pmi

at 53.3 against 53.7 in april. flash services pmi at 53.3 against 53.3 in april. not too much of a change here. it was a tale of two stories of the economies. we saw the private sector activity unexpectedly contracting in the month of may according to the pmi german business activity grew for the second consecutive month with the pmi rising to 52.2. on the manufacturing side, still a little bit of weakness at 45 an 45.4 we got a knock on the back of the french data. the private sector activity contracting in france. we will have more on this later on let's get back to the top story. it is nvidia the main event of the earnings

season far exceeding expectations and sending shares higher in after hours. take a look at this. adjusted earnings per share at $6.12 in the first quarter rising over 460% on the year while total income surged to $14.9 billion. revenue saw a significant beat as well rising 262% year on year to $26 billion that was compared to the previous guidance of $24 billion. of course, it is the data center revenue driving the nvidia growth which came in at $22.6 billi billion. that is a 427% jump on the year. clients are seeing strong returns on the billions they invested in a.i. chips the cfo said for each dollar

spent on nvidia hardware, cloud providers can expect to make a $5 return over the next four years. there's more nvidia also announcing a 10-for-1 stock split and making it more accessible to employees and investors. speaking on the investor call, jensen huang said they are on the shift to the a.i. computer power revolution. >> companies and countries are partnering with nvidia to shift the trillion dollar install base of traditional centers to accelerated computing. >> a quick check of the chipmakers here in europe and everyone is basking in the glow of nvidia. asml is up 3.41%

infineon trading higher to the tune of 0.9% karen and arabile are at the tech conference in paris i assume nvidia is the talk of the town this morning. we are running out of sup superlatives here. >> as you talked about nvidia, the party cranked up here and that is, perhaps, a metaphor here the numbers keep running the $22 billion and has climbed to $26 billion this time which was ahead of expectations. the forecast is 28 billion dollars which is ahead of what the market thought was a high hurdle on revenue. the market is showing we have gone peak margin height because that's going to come down in the next quarter according to the guidance. >> the margin will slip slightly the question is when do the law

of big numbers catch up with nvidia how long can they continue to triple revenue every quarter year on year that will have to catch up with the company. for now, a few things in the nvidia sweet spot. strong demand from the hyper scalers with amazon and microsoft which continue to buy the product and excited about the blackwell chips as well. the supply constraints are working in its favor you are talking about margin slippage, but 74% margin order which is unheard of for the chipmakers so far. on top of that, the demand continues to be there and new chips on the horizon and lack of competition at this point. >> we talk about the cost of the chips. the h-100 is $35,000 per chip. bl blackwell is expected to be $30,000 for chip you are talking higher price margin the issue is a.i. is bringing in

the revolution and it will bring a lot of money and productivity gains. we still don't know that at this stage. the hype means people are willing to spend the money because if they build it, there is is something on the other side there is still a what if for me and that might be a pushback to paying for the chips currently. >> valid points. i will say on the morning after nvidia reports, we saw brokers and analysts falling over themselves raising price targets. i think everyone is overweight the stock and no sell rating on the stock right now. i want to shavre with you what morgan stanley has written cynics have focused on improving h-100 availability, between h-200 and hyper scale and

blackw blackwell availability nvidia is the clearest way to get the exposure the morgan stanley note is one example here with ubs raising the price target jpmorgan chase has the price target of $1,150 everyone says it ticks all the boxes. is there a group thinking in the analyst community or is everyone spot-on because it is such an incredible story >> we have seen it before through the likes of apple where there wasn't an analyst short the stock. as everything that just stpells out, the revenue numbers are incredible you look at the big internet giants stateside now they are loading up on the chips for the a.i. capabilities.

you have health care and autos buying the techtechnology. >> karen, you make a great point. where is the money being made in a.i. in you look at the landscape, a.i. is a foundational technology that promises a lot of big change in the world and huge growth in many industries if you look at the landscape right now, there are few companies actually making money off the a.i. boom. the key player is nvidia it is the one that is under pinning the likes of all of the companies to offer the applications in the cloud. when you look at the cloud players, microsoft at this point is saying we are making a bit of money off a.i., but then it is not huge i think the reason there is so much excitement in nvidia and analysts giving it such a good rating is because of that. >> jensen huang stating that

with the 10-for-1 split. he is trying to tick all of the boxes, carolin. >> maybe it will become an income stock in the not too distant future it's both. i know the dividend yield is small at this point. karen, thank you let's move on. jamie dimon has dismissed the suggestions that the u.s. and china are on the collision course with trade and describing the relationship as a tense rivalry. we spoke to the jpmorgan chase boss in shanghai and asked if the growth opportunities were overweight >> the american and chinese relationship and trade relationships are far more important to me than the balance of the economy next year we'll get through the economy.

that, to me, all of the nations -- we will have cycles they are usually not predictable. i don't spend time worrying about that we serve our clients in good times and bad. i have been coming here for 30 years now and it is a constant investment growing and serving your clients >> are china and the united states on a collision course over trade >> no, i think it is a tense rivalry. trade is always a thing between nations. that's not new if you look at the history i'm thrilled we talked about the rivalry. he talked about the cities there is no reason america and china have to come to a collision course the way you avoid that is having real depth conversations and knowledge about the needs requirements and military and diplomatic and economic. i'm happy now the americans and

chinese are talking. they are talking all the time, i'm told >> what scenario do you have in mind as it relates to bilateral trade relations if trump is reelected? >> i don't know. i think biden would be more traditional. we haven't engaged in real in-depth trade relations i think trade is a very important thing. i also, if you go back to trump one, he had secretary mnuchin. he was respected by the chinese. they had good relationships. they did the tariffs i'm not a great fan of tariffs the trade representative to the united states and mexico and canada deal. it wasn't a bad deal i probably would have done it differently. they had improvements from the american standpoint. it was okay from the mexican and canadian standpoint. that may be a model to have more

conversations here. >> secretary yellen to have more conversations here >> yes, i think so secretary blinken has been here as well. lenovo shares touched the highest level since 2015 after the company posted a 9% jump in fourth quarter revenue beating estimates. emily joins us with an important interview. >> reporter: that's right. off the back of the press conference, lenovo reporting the second straight revenue growth quarter after five quarters of decline. momentum accelerating in the fourth quarter with successful navigation through an industry downturn the company says hybrid a.i. with that and the optimistic outlook for the year for the fourth quarter, profits

surging over 118% to $248 million. joining me now to talk more about lenovo is the cfo live here this afternoon. very good to see you again. >> good afternoon. >> strong earnings that came through for the fourth quarter the earnings surged. do you expect this growth momentum to continue >> we definitely do. in fact f, if you look at our fourth quarter, we have the growth revenue growing year to year we will see revenue growth again, looking at the market trend and the order book that we have, we are very confident that the business will continue to grow >> lenovo announced the a.i. strategy in october together with a line of a.i. pcs. qualcomm, snapdragon and x-elite

chip with microsoft copilot a.i. that is able to be sold at the end of the month are you going to market? >> we announced the first a.i. pc in china in early may we expect shipment to be within this month i think hopefully within the next week. we will continue to aptly rollout products we are optimistic that the market will like our products and that's one reason why we believe that growth can be sustained going forward. >> your company has said a.i. pcs mark a major inflection point for the industry what kind of demand are you anticipating and do you expect people to hold off on the refresh in anticipation for the a.i. pc? >> i think the penetration will slowly go up i think based on our own estimate, initially we have a.i.

pcs at different definitions i think we believe that the initial definition this year will be low single digit and we grow it. i think there will be a period when people know how to use the ecosystem and know how to use it and how to improve their work or their quality of life. i think it will take time to aptly see the higher number. the forecast is about 50% in two years time >> a.i. pcs to grow from the premium to the mainstream market over the next three years? >> two or three years. >> what numbers are we looking at here? >> if you use idc as a reference, it will be 50% to 60% in terms of the total market

size. >> do you have the actual number on the pcs delivered >> we are number one in the market we always have 24% or 25%. i definitely believe that. i think we will be able to maintain our number one position in the market having been number one for such a long period and we will continue to deliver the product for the market. >> qualcomm has been told by the u.s. government it is not allowed to export chips to huawei >> first of all, lenovo is a global company we always comply with the rules and regulations. i think for markets where there are components available, we obviously will be able to, i think, have alternative source to satisfy the customers of the market >> there's also reports that tesla has asked suppliers to

produce some of the parts outside of china and taiwan while your production is diversified, a lot of it is in china. is there a need for further diversification? >> i would say looking at our global supply chain, as you said, it is diversified from china and for the american market, we have mexico and we have factories in hungary and we have factories in japan. we do not aptly see we have a problem of identifying the right location to satisfy our customers. >> lenovo announced a partnership with nvidia at the tech conference in austin. nvidia is the world cleleader what does that partnership entail >> i will not go into detail i will say lenovo is the leader in pc and we aptly have a very

growing business in our enterprise as well as we also have a fantastic business for our smartphone we have working and partners with many leading industry players. nvidia is one of those other than that, i think we have many, many more that we would want to work and want to work with us to come up with the wonderful products >> in the coming fiscal year with the hybrid a.i., how much more cap ex will be dedicated to artificial intelligence? >> we continue to spend a significant amount every year, we have been spending over $2 billion in r& d. we continue to invest. if you measure by the ratio, we are hitting that 3.6%. as for growth, we spend the amount of capital and that is the total amount of capital

expenditure, but we will develop those resources in the a.i. technology to capture the market in a more efficient manner. >> thank you very much for taking the time to speak to us today. >> thank you >> reporter: we have been speaking with the cfo at lenovo. back to you in the studio. >> emily, thank you for that still coming up on the show, uk prime minister rishi sunak stunning the country and world with the snap general election we will bring you the latest coming up next in two months when we started our business we were paying an arm and a leg for postage. i remember setting up shipstation. one or two clicks and everything was up and running. i was printing out labels and saving money. shipstation saves us so much time.

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welcome back to the show we are one hour and 20 minutes into the trading session in europe we are bouncing back after two days of modest losses. look at the stoxx 600 up 3%. the markets here one by one that i'm showing you. the cac 40 supis up 0.2% i want to point out the ftse 100 which is weighed down by natural

grid that is announcing the rights issue. the ftse 100 is off .25% we saw the higher than expected cpi numbers. let's show you the sectors one by one technology, of course, is showing a lot of leadership today on the back of the stellar nvidia numbers technology up 1.3% industrials up .23%. let's switch focus uk prime minister rishi sunak has called a snap general election for july 4th on the back of the inflation data that he says shows the government's plan is working taking the country and mps by surprise. he faces an uphill task with polls showing his government trailing the opposition labour party by more than 20 points let's get back out to arabile who is at downing street

talk us about the morning afternoon. >> reporter: day one of the election campaign now, carolin the time you will see ele electioneering from rishi sunak who said "change" seven sometimes. this morning, we have the prime minister rishi sunak out as well and really trying to make a keynote to everybody saying there is going to have to be reliance on his plan working he has been in the premiership for close to two years now in a tough time for the conservative party. the cost of living crisis and getting worse from covid-19 to where we are now you are getting a lot of people

asking the question does the conservative party deserve another term the shock from yesterday getting away from everybody and reality beginning to sink in a lot of people may have six weeks left in office or could they turn the polls around they have not seen polls as reliable in certain instances. take brexit as one referendum. will they defy the odds is the question for the conservative party? the labour party is confident in this and the economy is the key notion recession? the uk is out of the recession of course, rishi sunak will point to that. we see decreasing substantially and the inflation print going back for the bank of england carolin. >> arabile, thank you for that let's get more insight with the

lead uk political analyst at global council thank you for your time. was this a smart political gamble or simply an act of despe desperation, joe >> i think this is the prime minister wanting to fight this on the front foot and ultimately, this is perceived as a surprise not really a surprise by the labour party because they were thinking the election would be called after the local election results because they feared a bad result and they would have to quickly scuff up a manifesto and all of the candidates they have not filled in some of the seats. you can argue the prime minister is demonstrating some gumption and it will minimize the scale of the defeat for the conservative party or maybe in a surprise, deliver a conservative

victory would would extend the period of time the conservative party has had in office beyond the current 14 years >> overcoming 20 points in the poles that the conservatives are trailing labour by it seems impossible to overcome this what are your thoughts here? has this happened before probably not what would be the best strategy for tories here? >> the first thing is the challenge is quite clear first thing, they are quite divided to have the campaign at this juncture. there are a lot of conservative mps who would prefer to have it later in the year because they are trailing in the polls by 20% and they feel they will lose their seats. a big portion of the parliamentary party are not standing in the election because they can read the writing on the wall the other challenge they have is the upstart politicalparty

reform uk to the brexit party and they will field candidates across the uk and ultimately, we saw in the black poll south by election, that they can do real damage by the conservative party and labour party coming through the middle you see the sp in scotland failing of late and that will be beneficial to the labour party an potentially up to 25 seats to get more power in the uk obviously, this is a decision by many in the conservative party by price this is a decision that rishi sunak believes to be his best shot you have good economic back drop you cannot guarantee that is the case in a few months' time i guess his calculation is take everybody by surprise and look

like you are on the front foot and not clinging on to power as the case would be portrayed in the media and westminster if he were to cling on to november and december and fight this on the front foot. >> joe, stay with s. we have uk data coming out in just a few seconds here. in the meantime, i want to point out that the imf has been a adamant of no fiscal space for the uk economy joe, stay with us. i want to bring you the uk pmi data for the month of may. the flash at 52.8 versus 54.1 in the month of april a slowdown here. the composite at 52.8 in may against consensus of 54. joe, i want to come back to you. we have so many investors watching this channel and they're trying to make sense of what it means for them this election not just the snap elections and

announcement of such a labour government coming back after 14 years, what does that mean for business? we heard about some potential policies here, but how leftist is this government going to be what does it mean for the business community >> i think the perception of international investors with respect to the labour party is somewhat clouded by the far left party that the labour party once was under the former leader jeremy corbin. the current leader has been at pains to demonstrate it is not the same political party and actually on fiscal responsibility, it is quite responsible and rachel reeves says the fiscal rules the government abides by would be obtained by the labour party if you look at the spending

commitments the labour party has made and compare them against the existing government and their manifesto, there is not much differentiation with the two parties in terms of substantive policies the labour party is increasing dentist appointments by 700,000 and increase the teacher retention payment and have a few more police officers really, substantively, there's not much difference beyond the fiscal side with the two main political parties in the election from the investor perspective, maybe the benefit of the labour government is the refresh which they have been far more focused on industrial policy they have been clear they will not be raising corporate taxation i guess from their perspective, you get the reset and the fresh missions with respect to industrial strategy that the labour party has historically

focused on more so than the conservative party equ equally, because the fiscal back drop is terrible and something made worse by the conservative party's decision to cut national income tax twice over the last few months and lack of fiscal space will be a problem. >> joe, fantastic analysis thank you so much. lead uk political analyst at global council. coming up on the show, we will bring you more of our coverage from the tech conference in paris as the bchech finance minister tells cn ty can compete with the u.s. tech giants on a.i. pick anr print everything you need slap the label on ito the box and it's ready to go our cost for shipping, were cut in half just like that go to shipstation/tv and get 2 months free

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sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. hello. welcome to "street signs." i'm carolin roth and these are your headlines the main event living up to its billing with nvidia recording record revenue for a.i. chips s fed minutes revealing

stu stu stubborn inflation weighing on stocks ahead of the trade. jamie dimon speaks out >> i think the odds are higher than most people think because the fiscal monetary stimulus that's still in the system and still maybe driving the liquidity you see with the markets going up eurozone business activity expanding at the fastest pace in a year with the services sector leading the way, but it is a different story in the uk as private sector growth cools more than expected. mark your calendars. uk prime minister rishi sunak calling a snap general election for the fourth of july and faces an uphill battle to close the gap on labour. let's get back to one of the top stories. europe is looking to catch up in the a.i. race as a slew of

startups from the continent and beyond on vivatech in paris. france can compete on the global stage. >> i think this is the challenge for france and all of the european countries we want to incorporate with the u.s. tech giants, but we want to have our own artificial intelligence created and being offered in france. investments of u.s. tech is common in france microsoft announced 4 billion euro investment in france. microsoft is dominant in our country. the challenge is to have our own devices and scientists and our own artificial intelligence. we are working hard for that this is clear evidence that we are on the right track france is the leader on

artificial intelligence in europe >> karen is joining us with a special guest. karen. >> reporter: thank you for that, carolin. harley finkelstein, the founder of shopify a lot of people use your brand without realizing you have because you have friction-less ecommerce trade. >> shopify is a global leader. our biggest market is north north america, but the second is europe on the quarterly earnings call, i talked about the gmv which grew 36% year on year. that is higher than the rest of the world. we think europe is a great opportunity to grow for shopify. we see all of the luxury brands which are beginning to digitalize it is driven by consumers.

50% of consumers expect digitally abled brands we are here meeting with the luxury houses and working with them to come on shopify. i have a big announcement coming up on stage in a little while. >> i see you as mom and pops coming on the ecommerce universe are you saying your base is broadening out >> we have the millions of stores on shopif yy. we are the second largest in north america. we are growing in europe we are more than small business. we have the larger, luxury brands coming to us. on stage in a little bit of time, i'll announce one of the greatest luxury brands has decided to come to shopify as well. >> congratulations to you. i want to get to the difference

of a.i you have all of the big brands leveraging deep pockets. lvmh with alibaba cloud. where does that leave the small seller will they be left behind with the data insights the companies will be able to achieve? >> just the opposite we think what a.i. will do is really level the playing field for small and medium businesses. think about the team of one of the big companies. product marketing for example. someone writing product descriptions for the sku you have product photography and we have it embedded across the platform a.i. will help you write better product descriptions and photography. we think what a.i. will do specifically for small businesses and brands the will level the playing field.

they are writing product descriptions as good as the massive teams are doing it we are excited about it. we think a.i. will play a huge role we talked about the consumer which really wants to write a search query maybe we can anticipate other products similar to sandals and we can show the ruesults both the consumer side and s & b side, a.i. will be effective for commerce and retail. >> this assumes search is number one. that is how we engage with ecom ecommerce. what if more brands are more targeted and not bothered with the search >> it is not just online or search based or offline. sh shopify believes the future of retail is everywhere this is all about consumer choice the brands that will do best in

the future like mattel using shopify or gym shark, they understand every surface area online and offline and social media and search everywhere in between are all possible places to trainnsact and conduct business we are powering commerce everywhere. >> you talk about amazon which has been dominant for so long and no one is an amazon killer despite those who challenge that moat car target is teaming up through subscription we know walmart has been aggressive in that area. is it more and more competitive? >> one of the things which has happened post-pandemic, people are voting with their wallets for the brands they love there is an affinity for the brands you connect with as a con consumer when you look at where the transactions are happening, it

is happening direct to consumer. direct to consumer used to be a fad and now it is steady >> investors loft d2c model. >> the brand gets to dictate the precise experience every consumer has as opposed to relying on a third-market party place. >> your company is looking at the discretionary spend. there is a view that interest rates are high for a while and not cut any time soon and we have a cost of living crisis with inflation coming down a little bit gross merchandise volume increased 23%. that tells us about the endeavors you are doing to add to the numbers what are you seeing broadly in terms of the economy is there any sign the consumer is slowing down? >> you mentioned in q1, we saw $60 billion going through the

platform we are seeing the consumer being resilient, but more particular they buy from the three stores they love and buying intentionally. we are fortunate that the brands consumers love are powered by shopify. >> some of the brands in the recession-proof area of the economy, lipsticks i noticed the kardashians doing a lot of heavy lifting beauty, does that feel to be a resilient category for you >> one of the largest verticals is an pparel and cosmetics if you look at most of the modern cosmetic brands, they are powered by shopify that is a category that continues to do well along with apparel. >> thank you for making time for us the president of shopify with the fascinating conversation as

we discuss the future of a.i i discussed the a.i. impact on the society and economy with the france's digital affairs minister and the manpower group ceo as global efforts to regulate the technology continue take a listen to the conversation. >> if you look at the impact of social media, it has been productive it makes life more interesting it makes it entertaining we spend a lot of time on social media. you could say it is a productivity destroyer, not enhancer it is tremendous technology. i think on balance, i think it is a positive effect on job growth and productivity. really, what determines the outcome of great technology is not the technology capabilities, but what we humans do with the technology and where we apply the productivity gains

>> i wanted to react for example, in public services, for the moment in france, we are testing albert in places in relation with the public what it has shown is our agenda allows more time to be in contact with the public. they can answer more quickly to the answer and they have more time to be in a new relation you increase productivity, but you increase social relations which is really important. that's why i think a.i., well used, could be really something inclusive for our society. let's remind you what european equity markets are doing two hours into the trading session. we started off with a lot of green on the boards. we have moved lower a little bit. ftse 100 is still unde

underperforming. national rights issue is weighing on the board. the dax in germany is close to the flat line at 18,689. you will see the chip names are getting a huge lift from nvidia. more on that later, of course. let me tell you about the other corporate stories we're watching shares of anglo american and bhp after anglo announced they are rejecting the third takeover offer for the company. they submitted an increased and final offer on monday valuing the firm at 38 billion pounds. anglo is still concerned over the structure of the offer, but it is willing to continue to engage extending the deadline for talks until next wednesday anglo american up 0.2% in this

morning's trade. and hargreaves has rejected a takeover bid including the capital partners and abu dhabi partners a nice pop to the tune of 9% julius baer missing expectations with 1 billion swiss francs in the first half of the year. the bank is seeing signs of recovery after the negative start to the year. investors not caring about the miss on the top line shares up almost 2%. quick check on u.s. futures this morning you are seeing the nvidia effect up 6% after hours. nasdaq could open higher to the tune of 146 points s&p 500 up by 23 points.

the dow jones industrial average seen off by 12 points after a down day for the averages in yesterday's trading session. coming up on the show, g7 finance chiefs seeking alignment on using frozen russian assets for ukraine. charlotte will have more after this we'll see you on the other side of the break

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g7 finance leaders to look for russian assets to fund the ukraine war. a deal is not expected to materialize yet. charlotte is joining us. where are we on this issue >> reporter: to be very specific here, they don't want to touch the russian assets that are frozen here in europe. they want to use the interest made by the frozen assets here which is the key they have about $300 billion of assets frozen in it russia to finance the ukraine war.

if donald trump is coming back to the white house would law financial security for ukraine that is on the table to discuss. they are looking at the legal aspects of it to see if they ca put it on the table. no agreement yet they hope to have proposals for the meeting in three weeks in southern italy that is one of the things they will discuss today they will discuss trade in china. we know the u.s. has had a tough time with the ev tariffs on the table. one to be on the front between france and germany of how to handle the relationship with china, but they want to be aligned. some of the discussions will be here as well very interesting with jeremy hunt, the uk chancellor, will shortest his visit because he is in election mode we were supposed to have an

electi interview here, but that will not happen he will be coming in and out here interesting the uk is an economy that has been under performing and most of the g7 economies are saying growth is coming back and inflation is coming down still the fed is worse than the g7 economies here. that is interesting to watch with the finance ministers meeting here in northern italy. >> charlotte, thank you. a somber mood and somber weather. it is not fitting for that beautiful part of europe, is it? i'll leave it there. i hope you get sunshine as the day goes on. before we wrap up the show, a quick check of the european markets. i mentioned to you before of a mixed picture. ftse 100 is off 0.2% we saw the hotter than expected cpi yesterday. today, we see the issue with the

smi with a modest gain and the dax is up barely obv obvi obviously, some of the chip makers are moving up off nvidia. the nasdaq up 146 points that looks like the upside for the nasdaq at this point keep in mind that the major averages yesterday were down the dow dropping more than 200 points for its worse day since m may. we have the fed minutes coming up i'm carolin roth "worldwide exchange" supis up nt see you tomorrow your business. take full control of your brand with your own custom store. scale faster with tools that let you manage every

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it is 5:00 a.m. here at cnbc global headquarters. i'm frank holland and here is your "five@5." sales surge. nvidia out with another record-breaking quarter topping every metric from earnings to data center sales. stock set to trade above $1,000 for the first time ever. why jensen huang says well are a blowout quarter. and jamie dimon keeping optimism in check. we will tell you his biggest