Welcome to closing bell. I'm Mike Santoli, in for Scott Wapner. We are live from Post 9 at the New York Stock Exchange.

This make or break hour begins with the indexes backsliding after that strong two-day bounce under some renewed pressure from the tech heavyweights.

Here's your scorecard with 60 minutes to go in regulation.

S&P 500 off by just about 1%. It's been sitting around that level for most of the day, giving back about a third of its rally off of last week's correction low.

The NASDAQ is the underperformer among the major indexes as the mega caps continue to prove somewhat unreliable so far in 2025.

The NASDA composite off a percent and a half.

Invidia, big part of this story,

struggling, sliding more than 4 percent or so over the past two days, even as CEO Jensen Wong

delivers a widely anticipated keynote at the company's GTC conference, which brings us to our talk

of the tape. With economic growth concerns, weighing on investors' minds,

and a crucial Fed meeting underway, can Jensen Wong refocus investors on the big picture of tech innovation

and light another spark under the faltering AI investment theme?

With me to discuss is our very own, Christina Parks Nevelas, live from Nvidia's GTC event,

capital area planning's Malcolm Etheridge, Capital Area Planning's Malcolm Etheridge,

and Deepwater's Gene Munster, Malcolm, a CNBC contributor. Welcome to you all. And Christina,

let's start with you, and what are we learning so far? Well, NVIDIA's unveiling new strategies

to maintain dominance amid increasing competition. And so here's what we

learned so far. CEO Jensen Wong introduced. There's a lot. So InVideo, Dynamo, which is

inferencing software designed to scale AI reasoning models, a tumble there while cutting costs.

The company as well, expanding beyond its core business announcing a partnership

with General Motors to develop autonomous vehicles and providing AI solutions both for the

vehicles and GM's manufacturing facilities. That's why you're seeing competitor and mobilized stock.

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