Here's your morning TNB Tech Minute for Monday, November 24th. I'm Julie Chang for the Wall Street Journal.

U.S. stock futures rose at the start of this week following last week's volatile trading,

and international markets were mostly higher. U.S. stocks closed up Friday after the New York

Fed President said that another near-term rate cut

could be warranted, although all of the major indexes were lower on week amid persistent concerns

about a potential bubble in AI stocks. Alibaba, Dell, Workday, and H.P report earnings tomorrow.

Tech investor process reported a rise in net profit for its fiscal first half, driven by its

investment in Chinese tech giant Tencent holdings and the sale of a portion of its stake.

Net profit rose to $5.6 billion from just under $4.6 billion in the year earlier period.

Prociss held a stake in Tencent valued at $163.5 billion as a Friday's close.

The company said revenue increase was mainly driven by accelerated growth in its e-commerce business.

And Wall Street is straining to absorb a flood of new bonds from tech companies funding their AI investments, adding to the recent

pressure in markets. Since the start of September, so-called AI hyperscalers, Amazon, alphabet,

meta-platforms, and Oracle have issued nearly $90 billion of investment-grade bonds. That's

according to Deologic, and it's more than they had sold over the previous 40 months.

Prices of bonds from the companies have been sliding, a sign that investors were caught off guard by the sheer

quantity of bonds entering the market and of growing concern about the worsening credit metrics

of the businesses. That's your TNB Tech Minute. Join us again this afternoon for more.