Bloomberg Intelligence

Google is preparing two specialized AI chips for launch next year, intensifying competition with Nvidia in a market already questioning AI infrastructure valuations. Nvidia also faces added uncertainty after its board opened an inquiry tied to reports involving CEO Jensen Huang.

The crypto market fell 3% over the past 24 hours to $2.86T after a 15% rally since mid-September and an almost 40% rebound from mid-August lows. Bitcoin slipped below $84K as former support turned into resistance, though some technical traders still view the move as a pause rather than a full trend reversal.