By Investing.com
Publication Date: 2026-05-01 13:07:00
After and earnings announcements, a narrative emerged that these two companies could provide with more competition, which caused Nvidia to get hit with some profit-taking on Thursday.
First, this narrative is truly ridiculous, since Amazon and Google are not making the GPUs that do regenerative AI. Second, there is no doubt that Amazon and Google can team up with AMD or other companies to make AI devices, like a “Super Alexa” that learns what you do in your household. However, good as Super Alexa gets, it is not doing any of the regenerative AI, where computers make their own decisions. So, I stand by my sincere belief that Nvidia is effectively a monopoly with no real competition for its GPUs.
We have to keep our eyes out for the bond vigilantes now that the federal government’s cumulative debt exceeds 100% of . Treasury Secretary Scott Bessent and incoming Fed Chairman Kevin Warsh certainly have their hands full. There has been talk that Bessent and Warsh may explore coordinated action to push Treasury yields lower.
This is just Wall Street gossip, since Warsh must first get more members on the Federal Open Market Committee () to agree with him. However, as more central banks conduct quantitative easing (i.e., money printing) due to shrinking demographics in Asia and Europe make balancing bloated government budgets harder, the U.S. will have some flexibility. Whatever Bessent and Warsh do, they do not want to weaken the , since a strong dollar is…
