AI has not peaked yet

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Further increases in S&P and Nasdaq
US stocks mostly increased on MondayWith S&P500 AND Nasdaq Composite climbing two days in a row. Artificial intelligence, baby Nvidia closed at a record high. Pan-European Stoxx 600 index advanced 0.95%although it reached a high level after US President-elect Donald Trump rejected a report about his tariffs it may not be that serious as initially thought.

Foxconn shows that artificial intelligence is still on top
Foxconn, operating as Hon Hai precision industry– he said on Sunday statement that the company's fourth-quarter revenue, which increased 15% year-over-year, was the highest in the company's history for the period. Foxconn's numbers suggest that artificial intelligence is still on top, sending actions Nvidia and other global semiconductor companies.

Electric vehicle charging network partnership
Shares Volkswagen AND Xpeng increased on Monday after the two companies announced a memorandum of understanding in which they committed to mutually opening their super-fast charging networks to their customers. Volkswagen and Xpeng will also consider collaborating on the matter super-fast charging stations under a common brand– the companies reported.

Trudeau steps down
Canadian Prime Minister Justin Trudeau said at a press conference on Monday that it was step down from the leadership of the ruling Liberal Party but will remain as prime minister until a new leader is elected before general elections in late October. He added that the Canadian Parliament is suspending its activities until March 24, when the confidence vote will take place.

(PRO) High-quality stocks amid rising rates
The Yield of 10-year treasury bonds continues to rise heading into 2025, putting pressure on stocks. Morgan Stanley's chief U.S. equity strategist, Michael Wilson, recommends that investors stick to high-quality stocks to ride out any resulting market turmoil. Here action list which passed inspection by Wilson's team.

Below is a great earnings report for the electronics manufacturer Microsoft on Friday he announced he was planning to do so will invest USD 80 billion in fiscal year 2025 to build data centers that can handle AI workloads.

These reports show that companies continue to invest heavily in artificial intelligence, and the peak has not yet been reached.

Investors are also looking forward to Nvidia CEO Jensen Huang's keynote address at the 2025 Consumer Electronics Show, which will take place around 11 a.m. Singapore time.

On such headwinds, Nvidia's stock jumped 3.4% – its third straight day of gains – to close at a record high of $149.43. The company's shares continued to gain in value during extended trading and are currently hovering above the $150 level.

More broadly, VanEck's Semiconductor ETF increased by over 3%.

These moves helped push the major averages forward. Technologically advanced Nasdaq Composite was the clear winner, gaining 1.24%, while S&P500 increased by 0.55%.

However, Dow Jones Industrial Average decreased by 0.06%. The index gave up earlier gains on reports that Trump may ease his import tariffs, which would benefit its blue-chip companies such as those in the consumer goods sector.

Despite these upbeat reports and positive market moves on Monday, the year ahead still looks turbulent.

“I think the market is quite bullish on technology right now, with earnings expected to grow 20% this year compared to the market's 12.8% … but valuations seem tight,” said Sam Stovall, chief investment strategist at CFRA Research .

The real test for AI, then, is whether companies can use it to increase revenues, rather than just driving up the price of picks and shovels in the sector.

— CNBC's Ryan Browne, Jordan Novet, Pia Singh and Tanaya Macheel contributed to this report.