Squawk on the Street SOTS 2nd Hour: Nvidia/Microsoft/Anthropic Deal Details, AI Bubble Fears, & The Home Depot Breakdown 11/18/25
6 snips
Nov 18, 2025 Steve Kovac, a technology reporter adept at breaking AI coverage, dives into the recent $30 billion Azure commitment from Anthropic alongside substantial investments from Nvidia and Microsoft, elevating Anthropic's valuation to $350 billion. The discussion probes into concerns about an AI bubble as warnings emerge regarding overvaluation. Additionally, they explore the implications of Home Depot's mixed results on retail outlook and hints from Jensen Huang regarding Nvidia's upcoming earnings.
AI Snips
Chapters
Transcript
Episode notes
Watch Jobs To Gauge Market Correction
- Expect a healthy market pullback rather than a full bear market after the year's earlier recovery.
- Watch employment data because weak-but-not-recessionary jobs reports could prompt Fed easing and stabilize markets.
AI Sentiment Swings With Headlines
- AI-related stock enthusiasm peaked recently, with many investors now reassessing valuations and exposure.
- The cycle shows rapid sentiment swings tied to headline deals and high-profile CEO comments.
NVIDIA Already Gave Investors The Headline
- NVIDIA's CEO pre-announced massive multi-quarter orders at GTC, reducing the surprise element for earnings.
- A strong beat could stoke bubble concerns while a modest beat may signal faster normalization of AI spending.