Musk: The AI training data was exhausted last year, and synthetic data is the only supplementary method.
Technology giants including Microsoft, Meta, OpenAI, and Anthropic have begun using synthetic data to train AI models. According to estimates by the information technology research and advisory company Gartner, 60% of the data used for AI training and analysis projects will be synthetic by 2024.
Futu Morning Brief | Is there a signal to "pause interest rate cuts"? Federal Reserve officials speak out collectively; Elon Musk live streams at CES, discussing ambitious plans, Tesla's robots are set to expand production by a hundredfold.
HSBC expects the Hang Seng China Enterprises Index to rise by 21% this year and has raised its year-end target; Tencent has continuously reduced its shareholding in WEIMOB INC and UBTECH, cashing out 1.67 billion Hong Kong dollars, with WEIMOB INC responding.
Goldman Sachs strategists warn: The pricing of U.S. stocks is at a "perfect level" and is likely to experience a pullback.
Goldman Sachs' Chief Global Equity Strategist Peter Oppenheimer warned that as investors digest the uncertainty surrounding rising Bond yields, overvaluations, and further interest rate cuts, the current "perfect" earnings market environment may be difficult to sustain.
1/10 [Strong and Weak Materials]
[Bullish and Bearish Factors] Bullish factors: 1 USD = 158.10-20 JPY, active Share Buyback, Tokyo Stock Exchange's request for corporate value enhancement. Bearish factors: Nikkei average declined (39605.09, -375.97), USA market closed, Chicago Nikkei Futures decreased (39545, -15), VIX index increased (18.07, +0.37), US long-term interest rates rose, prolonged combat in Ukraine and Israel, concerns over China's economic recession. Points to note: January Single Option special settlement index (SQ) calculation, household survey (1
Tonight's non-farm payroll report is coming! Signals of a slowdown in employment growth have emerged, and the health status of the labor market will soon be revealed.
With the recent continuous rise in the US dollar and US Treasury bond yields, the market is highly focused on the upcoming US non-farm employment data for December, which will be announced at 20:30 Beijing time on Friday.
Quietly, the Federal Reserve has given more attention to this "new" inflation Indicators.
Including Federal Reserve Chairman Powell, senior officials of the Federal Reserve are increasingly focusing on a lesser-known inflation Index—the market-based version of the Personal Consumer Expenditure Price Index, which excludes a range of service industry data that its collectors cannot measure directly and must estimate. Currently, this Index is closer to the Federal Reserve's 2% inflation target, potentially indicating that the threshold for further interest rate cuts is lower than the market anticipates.
Control over OpenAI's new recruitment? Musk calls on the heads of the California and Delaware judiciary to forcibly auction OpenAI shares.
If state law enforcement agencies truly force the auction of shares, external investors may obtain a significant amount of shares in the newly profitable PBC after OpenAI's transformation through public bidding, thereby gaining control over OpenAI's Business. The media reports that OpenAI has no auction plans, and Musk is just looking to create more chaos.
The price of Bitcoin has been under pressure for several consecutive days, with bearish factors involving the USA Department of Justice and Musk.
① Concerns regarding the USA government's handling of the involved Bitcoin have once again triggered short-term price fluctuations; ② Musk commented this week that if the dollar inflation problem is resolved, then the dollar price of Cryptos should fall. ③ The ongoing expectation of tightening dollar liquidity is also putting pressure on alternative Assets.
The outlook for Trump's policies is uncertain, the Federal Reserve is cautious, and this year the voting committee unanimously supports gradual interest rate cuts.
This year, the voting member and President of the Boston Federal Reserve, Collins, stated that the economic outlook is very uncertain, and requires a gradual and patient approach to interest rate cuts, expecting the number of cuts this year to be reduced to two from previous expectations; another voting member this year, President of the Kansas City Federal Reserve, Schmidt, stated that if economic data improves, it supports gradual rate cuts; the Federal Reserve is close to the neutral interest rate, nearly achieving the dual mandate of inflation and employment, and further balance sheet reduction is needed; the 2026 voting member, President of the Philadelphia Federal Reserve, Harker, stated support for further rate cuts this year, but the timing depends on the data, and action should be paused for now; the 2027 voting member, President of the Richmond Federal Reserve, Barkin, stated that it is the term premium, not inflation, that drives up long-term interest rates.
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Google and Microsoft also expressed goodwill towards the incoming president! They donated 1 million dollars to Trump's inauguration Fund.
① Microsoft, Google, and other technology giants donated to Trump's inauguration fund, with Microsoft donating 1 million USD, and Google also announced donations and provided technical support; ② Technology companies are facing regulatory pressure from the Republican Party and are trying to improve their relationship with the Trump administration. Microsoft's CEO Nadella has met with Trump multiple times in hopes of promoting favorable AI policies.
Musk, Attorneys, Ask Judges to Auction off OpenAI Stake: Report
After Santa Rally Letdown, January Advance 'Key' to Positive 2025
How high are the valuations of the U.S. stock market? They have reached the level of "irrational exuberance."
Bloomberg pointed out that the current valuation of the US stock market has reached its highest level since 2002, a level that is exactly the same as when Greenspan issued his warning of "irrational exuberance" in 1996.
10 Information Technology Stocks With Whale Alerts In Today's Session
A 180-degree turn! Goldman Sachs' latest warning: U.S. stocks are priced too "perfectly," and a correction is imminent.
Goldman Sachs issued a new warning on Thursday (January 9): As investors digest the rising Bonds yields, overvalued valuations, and the uncertainty of further interest rate cuts, the current perfect money-making market environment may be difficult to sustain.
Philadelphia Fed President: Will lower interest rates as planned, do not "act hastily."
Hack pointed out that the Federal Reserve is still on the path of lowering interest rates, "I will not deviate from this path or turn back."
Minister Ma candidly stated that reducing federal spending by 2 trillion is an overly idealistic goal.
① Musk stated that the proposed "Department of Government Efficiency" in the USA may not be able to achieve its preset highest goal of cutting federal government spending by 2 trillion dollars; ② Musk emphasized in an exclusive interview that this is not an admission of failure in advance, and he can still help Trump achieve "epic results."