Google’s new Gemini AI is beating the latest version of ChatGPT on key benchmarks — and that’s a real problem for Nvidia. According to the Arora Report, Google’s ability to run cutting-edge AI on its own chips could shift cost structures across the entire AI industry. Meanwhile, money flows into the Mag 7 are turning positive, the market is oversold, and traders are positioning for a potential December rate cut.
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00:00You might think NVIDIA's biggest threat is AMD, but today a far bigger problem just showed up.
00:06And it's coming from Google's newest AI model, Gemini.
00:09Because according to the Aurora report, the latest version of Gemini is beating the newest version of ChatGPT on several major benchmarks.
00:18And that matters because Google uses its own chips.
00:22ChatGPT uses NVIDIA's.
00:24Which means if Google can run cutting-edge AI on cheaper in-house hardware, the cost of compute for everyone using NVIDIA chips becomes higher by comparison.
00:35And that could force those companies to lose market share or force NVIDIA to lower margins to stay competitive.
00:42Meanwhile, traders are already positioning for a pivot.
00:45RSI shows the market is oversold, Thanksgiving week historically runs positive, and hopes for a December rate cut arising.
00:53After John Williams' comments, money flows are turning green across the MAG7 stocks.
00:58But here's the real edge.
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01:03Because Edge would have given you a deploy cash, reduce hedges signal before the market opened.
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