NVIDIA Shifts H200 Production to Vera Rubin Hardware

A Reuters survey indicates that fixed income strategists expect U.S. Treasury yields to decline in the coming months. Despite the benchmark 10-year Treasury yield recording its largest quarterly increase since 1994, strategists continue to uphold a long-standing bearish yield outlook. However, after consistently misjudging yield trends over the past nine months, confidence in a downward move is waning. Some strategists believe that financial markets have overly priced in a series of Fed rate hikes, and actual increases may ultimately fall short of market expectations. Meanwhile, concerns over inflation triggered by the U.S. and Israel's conflict with Iran, as well as rising policy rates from major global central banks, have recently pushed government borrowing costs in several developed economies to multi-decade highs. Tech giants have been heavily borrowing to build AI infrastructure, and increased issuance of U.S. Treasury bonds has also added to yield pressures. According to a Reuters poll conducted with nearly 60 strategists from October 5 to 7, the median forecast sees the 10-year Treasury yield dropping to 5.00% by year-end, 4.90% in six months, and 4.75% in a year.

Google has reached a partnership with Unity on a new AI gaming platform.

B. RILEY has raised the price target for Marvell Technology Group (MRVL.US) from $315 to $365.

Unity shares surged over 8% in pre-market trading and are now up nearly 5%; this comes as Google and Unity have reached a partnership regarding a new AI gaming platform.