The Fed FOMC meeting is the highlight of the week. We believe, on the contrary of Fed’s current prediction of one rate cut this year, that there will be no rate cut this year as inflation is kept a tad higher than the 2% Fed target. On individual stocks, Apple (NASDAQ: AAPL) soared to all-time high as it announces cooperation with Open AI, We manage to build a small long position as AAPL rises. The bulk of our capital is invested in long position of NVIDIA (NASDAQ: NVDA) and we are still confident that it will continue to tread new height.