00:00 Speaker A
we are watching Nvidia, Tesla and Zillow.
00:03 Speaker A
First up, Nvidia, the tech giant unveiling a new family of open source AI models that it says will be faster, cheaper and smarter than its previous offerings, as open source offerings from Chinese AI labs multiply.
00:16 Speaker A
Now, of course, Nvidia is primarily known for providing chips that companies like Open AI use to train their closed source models and charge money for them, but it also offers a slew of its own models for everything from physics simulations to self-driving vehicles, as open source software that can be used by researchers or by other companies.
00:32 Speaker A
Next is Tesla. The stock moving higher, reached its highest price this year, fueled by an upbeat outlook from Dan Ives at Wedbush. It’s actually set to close at a record today, I believe.
00:43 Speaker A
He sees a strong year ahead for the EV giant driven by autonomous vehicles and robotics with large-scale cybercap production expected by April or May 2026.
00:54 Speaker A
He also noted the company may accelerate key AI initiatives now that some federal regulatory hurdles around full self-driving has eased.
01:02 Speaker A
And finally Zillow shares trading lower on news that Google’s testing a new real estate advertising format that could potentially compete with Zillow’s services.
01:11 Speaker A
Google’s format provides comprehensive property details, options to request home tours and displays similar listings directly within search results.
01:21 Speaker A
It allows users to schedule home showings with top rated local agents through a request a tour button with an expected response time of 15 minutes.
01:31 Speaker A
Goldman Sachs noted that while the immediate impact on Zillow may be limited, the development represents a potential longer-term risk.
