US Market Outlook: NVIDIA Accelerates Investment, Looking to the Future of AI, the Dow Average starts at $113 higher

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Update - [Index Bulletin] US February CPI rises 3.2% year over year, exceeding expectations for both overall and core
The February Consumer Price Index (CPI) announced by the U.S. Department of Labor on the 12th exceeded market expectations both overall and core compared to the previous year. The CPI for February rose 3.2% from the same month last year, surpassed market expectations of 3.1%, and rose 3.1% in the previous fiscal year. The trend of slowing inflation continues, but the pace is slow. The US Federal Reserve is expected to continue its current high interest rate policy for the time being. The month-on-month increase was consistent with expectations, and accelerated from 0.3% in January, highlighting the steep path to disinflation.

A significant increase of 12% outside of hours when Oracle received financial results
$Oracle (ORCL.US)$It received financial results and was a significant increase of 12% outside of hours. It seems that the fact that cloud sales exceeded expectations has been well received. It suggests that growth in the cloud computing business has begun to stabilize, and the company stated in a statement that “demand for Gen2 AI infrastructure has greatly exceeded supply.”

NVIDIA accelerates investment and looks ahead to the future of AI
Major US semiconductor company $NVIDIA (NVDA.US)$Thanks to the artificial intelligence (AI) boom based on the company's chips, it suddenly became popular among investors. It's less prominent than that, but the company also stands out in the business world as a venture capital (VC) investor. According to data from the US research company Deal Logic, NVIDIA invested in more than 30 startup companies last year, and its activities were more than three times that of the previous year. According to NVIDIA's financial results data, the amount of investment in other companies reached the equivalent of about 1.5 billion 50 million dollars as of the end of January. This is a sharp increase from 0.3 billion dollars in the same month of the previous year.

ETF providing twice the return of NVIDIA shares, record inflow of funds
The bullish side of artificial intelligence (AI) is semiconductor manufacturer Rice $NVIDIA (NVDA.US)$They are increasingly attracted to exchange-traded funds (ETFs) that double bets on, and trading volume and fund inflows have recorded record highs. ” $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$“Last week, a record high of 252 million dollars (about 37 billion yen) of new funds flowed in. After the stock price of NVIDIA, which is a popular AI related stock on Wall Street, fell on the 8th, NVDL had the second highest trading volume since listing on the 11th.

Sales of arm stocks have more than doubled since the end of the lock-up period - they have more than doubled since IPOs
$SoftBank Group (9984.JP)$A British semiconductor design company under its umbrella, $Arm Holdings (ARM.US)$The stock price has more than doubled since its initial public offering (IPO) in September last year due to enthusiasm for semiconductor demand related to artificial intelligence (AI). Since the lock up will be lifted on the 12th, it is a brand that insiders want to sell.

Flows of funds into cryptocurrency investment products have increased to a record high - CoinShares
The digital asset management and research company Coinshares International pointed out that the inflow of funds into crypto asset (virtual currency) investment products has increased to a record high level in response to heightened investor interest. According to the CoinShares report on the 11th, the inflow of funds into digital asset investment products last week reached a record high of 2.7 billion dollars (about 400 billion yen). It is said that Bitcoin accounts for the majority of that.

Leverage for hedge funds and stock transactions is close to record highs
The use of leverage in hedge fund stock trading has expanded to near record highs. Strategies utilizing leverage have increased rapidly in recent years, and high-risk transactions are increasing in response to rising stock prices. John Delano, managing director of Common Fund, stated that “leverage is definitely high in macro-strategy hedge funds,” and stated that the background is progress in suppressing inflation and confidence in artificial intelligence (AI).

FRB interest rate cut, JP Morgan CEO says “we should wait until after June”
A major US financial company $JPMorgan (JPM.US)$Chief Executive Officer Jamie Dimon (CEO) of said on the 12th that the US Federal Reserve (FRB) needs to increase reliability in the fight against inflation, and expressed the view that interest rate cuts should be waited until after June.

Higher evaluation than Lexus, Tesla and Mercedes - driver assistance system safety
The American Highway Safety Insurance Association (IIHS), one of the safety evaluation organizations receiving the most attention in the automobile industry, tested the driver support systems of automobile manufacturers. $Toyota Motor (7203.JP)$The system mounted on the sedan “Lexus LS” was the only one of the 14 systems tested by IIHS and was evaluated as “acceptable (acceptable).” The IIHS judged 11 systems to be “poor (poor),” and among them $Tesla (TSLA.US)$Systems from Mercedes-Benz Group and Volvo Cars are included.