Markets await new Trump Fed pick

• President Trump's impending announcement of the new Federal Reserve Chair, with Kevin Warsh reportedly the frontrunner, is expected to influence monetary policy and market sentiment.
• Tech earnings show a mixed bag: Apple's iPhone sales surged, but supply constraints and AI strategy questions linger; Microsoft's cloud revenue disappointed, while Meta saw a significant rally driven by AI monetization.
• Commodity prices for gold, silver, and copper experienced profit-taking, partly due to a firming dollar, reflecting broader market adjustments.
• Discussions also covered the challenges and opportunities in AI investment, including market discernment for tech companies, the circular economy potential of repurposing data center heat, and the impact of European AI regulation.

The video provides a comprehensive overview of the week's financial market activity, highlighting the anticipation surrounding President Trump's Federal Reserve Chair announcement and its potential monetary policy implications. It also delves into mixed tech earnings from Apple, Microsoft, and Meta, alongside discussions on AI investment trends, supply chain constraints, and the innovative repurposing of data center heat.