Tech Giants Microsoft and Nvidia Propel Stock Market to New Heights

Sam Altman, former CEO of OpenAI, is joining Microsoft to lead a new artificial intelligence team, along with other employees from the AI startup. This news pushed Microsoft shares to a record high. Nvidia shares also reached an all-time high ahead of their earnings report. Chinese property shares surged after reports of regulators drafting a list of eligible developers for financing. Analysts suggest that China's property market still needs more support. Meanwhile, high interest rates and Treasury yields have led to a boom in cash deposits and money market funds, but some experts believe it's a missed opportunity for investors.