AMD’s latest partnership with OpenAI is making big waves on Wall Street – and for good reason.

The EUR/USD tumbles below the 1.1600 figure, losing over 0.50% as the US Dollar extended its weekly rally, posting gains of more than 1.70% against a basket of six currencies, the DXY, sponsored by a risk-off mood.

The AI juggernaut, which is driving so much of the U.S. economy and the market's rise these days, increasingly appears to be in bubble territory.

The longer-term trend remains bullish. It is a matter of timing and risk.  

Watch for continued widening in high-yield credit spreads as both U.S. and European markets show signs of renewed stress.

Technical analysis on gold and silver.

September’s S&P Thematics Dashboard was led by strong performance across technology- and industrial metals-linked themes.

Silver briefly broke above $51 to new all-time highs before falling back under $49.

The Dow Industrials has eased back to its 20-day MA, as like other indices. Today's volume registered as distribution, and there is a weak MACD 'sell' in the mix although other technicals are bullish.

These two AI stocks are major players in the chip making business.