DAOR The Trust Co (RE Services) Ltd
- 1.855
- +0.005+0.27%
Year-end review of the US stock market: The seven giants continue to surge, and investors prepare for Trump 2.0.
In 2024, the US stock market is driven by the AI boom, the Federal Reserve's interest rate cuts, and strong economic growth, with the three major indices reaching new highs: the S&P 500 Index up 25% for the year, the Nasdaq Composite Index up 31% for the year, and the Dow Jones up 14% for the year; following Trump's return, a series of policies are expected to create huge waves, and the Federal Reserve's comments indicating a slowdown in interest rate cuts have already disturbed the market.
Weekend Read | In the new era of AI, will NVIDIA be challenged?
Excluding Google, 98% of the Global AI workloads are running on NVIDIA chips; Google and Amazon's chips currently face their own issues and pose no challenge in the short term; the shortage of data is a false proposition, as data can be synthesized for continued training; there are no issues with AI capital expenditures next year, but there is uncertainty in 2026, which could be a turning point for the Industry.
Trump Backs Elon Musk on Debate Over H-1B Visas for Foreign Workers
Tech Titans Warm Up To Donald Trump, Who Says 'Everybody Wants To Be My Friend,' Claims Bill Gates Asked To Come To Mar-a-Lago
OpenAI's earthquake is divided in two, making a full sprint towards AGI! One half looks toward money, while the other half pretends to be idealistic.
OpenAI's for-profit division will transform into a Public Benefit Corporation (PBC) in Delaware, pursuing commercial profits; while the non-profit division will continue to focus on health, Education, and scientific charitable work. From now on, there are no obstacles for OpenAI to receive investors' money anymore! Netizens say: OpenAI has officially transformed into ClosedAI.
OpenAI Lays Out Its For-Profit Transition Plans, Says It Must Evolve To Advance Its AGI Mission
Is there still a Santa Claus rally? Understand in one article why the US stock market suddenly dropped on Friday.
Large Technology stocks are leading the decline, with Tesla once dropping over 6%, and the sell-off in QITABANKUAI is also accelerating. Aside from technical factors like profit-taking, the 10-year US Treasury yield is hovering at a seven-month high, intensifying the downward pressure on the stock market. Goldman Sachs states that by the end of the year, USA pensions will sell $21 billion in US stocks, and CTAs will sell an additional $4 billion, resulting in significant selling pressure.
Looking At Accenture's Recent Unusual Options Activity
Sam Altman's OpenAI Plans Major Restructuring to Non-Profit Structure Amid Rising Costs
10 Information Technology Stocks Whale Activity In Today's Session
Industry Comparison: Evaluating Microsoft Against Competitors In Software Industry
OpenAI Mulls Plan Around For-profit Structure to Propel ChatGPT Maker
Microsoft Says OpenAI Agreement Allows 'Various' Models to Be Used in Products
OpenAI is negotiating with Microsoft regarding its transition to profitability, focusing on four key terms.
OpenAI is negotiating with Microsoft on the terms of the plan to become a profitable enterprise.
Key Nvidia Supplier Warns AI Spending Slowdown May Trigger 'Vicious' Downturn For Chipmakers
“Forcing” users to use Copilot! Microsoft is doing everything for AI.
Recently, Microsoft has forcefully integrated its AI assistant Copilot into the Microsoft 365 Consumer subscription service in Australia and several Southeast Asian countries, while also raising subscription prices, causing dissatisfaction among some users. Analysts stated that Microsoft has been making huge investments in AI, and this move to bundle the AI assistant emphasizes its determination to profit from its AI investments.
The title of "a country of speculating on coins" is well-deserved! The central bank of South Korea: more than 30% of South Koreans Hold Cryptos.
① The number of "crypto traders" in South Korea has surged, with over 15.59 million cryptocurrency investors in November, accounting for more than 30% of the total population; ② The reason behind this may be the sharp rise in Bitcoin prices and optimistic market sentiment after Trump won the USA election; ③ The total cryptocurrency holdings and daily trading volume of the South Korean public have significantly increased, with trading volume now approaching stock market levels.
ChatGPT and Sora are down again, OpenAI: caused by upstream providers and still being repaired.
①OpenAI did not specify the "upstream provider" related to this issue, its exclusive cloud provider Microsoft reported that one of its Datacenters experienced a "power issue," but this issue has been resolved; ②The most recent large-scale outage occurred on December 11, during which all services under OpenAI experienced severe performance degradation for up to 4 hours, even becoming completely unavailable.
U.S. stock market close | The three major Indexes had mixed performances, with the Dow rising for five consecutive days; Drone Concept stocks surged, with SES jumping 100%; Apple continued to reach new highs, with its Market Cap approaching 4 trillion dol
After the Christmas holiday, trading is quiet. The S&P and Nasdaq briefly turned positive, with Apple reaching a new high and its Market Cap approaching 4 trillion dollars. Tesla fell by 1.8%, NVIDIA's decline narrowed, Broadcom rose over 2%, Drone concept stocks surged, the Chinese concept index rose by 0.9% at one point, Ideal Autos increased by more than 9%, and Kingsoft Cloud rose over 14%.
Microsoft's Options Frenzy: What You Need to Know