Nvidia launches an AI security platform to contain AI agents. Bank of America says the consumer spending is still growing, but buyers are getting choosier. Plus, why a diesel export ban could push gas prices even higher.<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nvidia’s Security Push, Consumer Conundrum, and the Diesel Divide  9/28/26

The Exchange

[SPEAKER_09] Thank you very much, Scott. We are watching oil, the 10-year and shares of Nvidia this afternoon. The company announcing a record buyback and a platform to rein in AI agents. I'm Kelly Evans and welcome to The Exchange. You can see pressure across the board there for stocks down about half a percent as we see more upward pressure with Treasury yields today. The 10-year at 525. I just can't get over it. The 30-year 557, the two-year 492.

[SPEAKER_09] We're getting a bit of a bounce, though, in the past half hour as oil turns lower on reports. The president is willing to give Iran some sanctions relief and release frozen funds. Again, willing to. We'll bring you any updates on that story if it actually advances. Crude up less than a buck right now at 93. Tech, the biggest decliner today, believe it or not, with the Nasdaq down nearly a percent. The chip stocks outside of Nvidia are weighing on sentiment. The stocks down 2% after a 7% pop last week.

[SPEAKER_09] Micron, the next big test for that group. Its earnings are out on Wednesday. Memory and software names also under some pressure. Sandisk down 4%, ServiceNow down 3%. But let's begin with the outlier today and to some extent this year. Nvidia up 2.5% on a record-breaking share buyback and a new software platform to stop AI agents from misbehaving.

[SPEAKER_09] It does come, as we're learning, of new open AI agent breakouts meddling with U.S. government sites, while Florida's AG is asking for an emergency order to halt ChatGPT development. Let's start with Seema Modi with more details, Seema, on this ever-developing story.

Nvidia’s Security Push, Consumer Conundrum, and the Diesel Divide 9/28/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Nvidia’s Security Push, Consumer Conundrum, and the Diesel Divide 9/28/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.