Assets that caused a sensation in the 2008 financial crisis, did they outperform nvidia this year?
①In a once extremely gloomy corner of the debt market, it has transformed into one of the biggest winners in the global financial market this year, bringing rare returns for decades. ② Among a series of products known as subordinate bonds, the top 10 bonds have a return on investment of about 170% during this period, even surpassing by 20 percentage points the annual ROI of the undisputed darling of the AI boom - nvidia.
Microsoft-backed OpenAI Projects $5B Loss on $3.7B Sales This Year
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Warren Buffett's Berkshire Hathaway Trims Bank of America Stake to Just Above 10%
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Apple Drops Out of Race to Join OpenAI Funding Round: WSJ
Has the 'mystery' of the upward revision of the USA GDP been revealed? The Commerce Department has increased national savings by 500 billion in one month.
The unexpected boost to GDP is due to the US Department of Commerce revising personal income and expenditures, increasing after-tax disposable personal income by 3.8% and expenditures by less than half of the income increase. As a result of this calculation, personal savings have increased from $600 billion in July to $1.1 trillion in August.
Altman globally advocates for "AI infrastructure", the scale of ambition makes taiwan semiconductor executives exclaim "absurd", and japanese officials "speechless with laughter".
Altman's grand blueprint also indicates the determination of the technology industry to accelerate development. They hope to eventually achieve a great transformation like the industrial revolution, making artificial intelligence flow like electrical utilities.
Most of the founding team has left, Altman is alone. At the peak moment, why did OpenAI "fall apart"?
OpenAI's initial mission was to develop AI for the public interest, which has created conflicts with the new initiative of launching commercial products. The departure of OpenAI's core scientists Ilya Sutskever, John Schulman, and Jan Leike this year is closely related to the changes in the company's operation philosophy.
Tim Cook-Led Apple Reportedly Abandons OpenAI Funding Round Discussions, But Nvidia And Microsoft Could Still Invest In ChatGPT-Parent
Economists: The employment market in the usa is approaching a turning point, and the pace of rate cuts by the Federal Reserve will "accelerate".
Founder of Rosenberg Research and top economist David Rosenberg said that the US employment market is facing a key turning point, which may mean that the Federal Reserve will cut interest rates faster than expected.
OpenAI Plans To More Than Double ChatGPT Price Over Next 5 Years: Report
Apple exits OpenAI financing negotiations, microsoft adds extra 1 billion US dollars.
OpenAI is expected to lose about $5 billion this year, coupled with increasing expenses, OpenAI may need to continue financing next year.
Huang Renxun supports nuclear energy: AI datacenter has huge demand for electrical utilities, nuclear power is a great choice.
①Nvidia CEO Huang Renxun said that nuclear energy may be a feasible option to meet the energy demands of AI; ②Huang Renxun also stated that he is making every effort to serve Chinese customers and comply with the restrictions imposed by the US government on Nvidia's exports to China.
Buffett's 'clearing' of Bank of America approaches the regulatory threshold: three consecutive days of selling, cashing out $0.46 billion!
According to the latest new document submitted to the SEC, Berkshire Hathaway reduced its shareholding in Bank of America stocks for three consecutive trading days on September 25, 26, and 27, 2024, totaling 11.678 million shares, with cashing out of approximately 0.461 billion dollars. After the latest sell-off, Berkshire Hathaway currently still holds 10.3% of the shares of this second largest bank in the USA, approaching the regulatory threshold of 10%.
US stocks close | US PCE inflation cools down, S&P Nasdaq falls but Dow hits new high; China concept index surges 24% for the whole week, jd.com hits fourteen-month high.
US PCE inflation cooling solidifies the confidence of the Fed in rate cuts, but US stocks fell in the afternoon, with nvidia dropping nearly 4% at one point. China's stimulus policies drove the Chinese concept index up by 4%, nio inc rose by nearly 13%, pan-European stock indexes and German stocks hit new highs for two consecutive days, luxury goods stocks rose again. The Dow, S&P, and Nasdaq have all risen for three consecutive weeks, with two China-focused ETFs achieving the best weekly gains in history.
TOP 20 transaction volume | Chinese concept stocks continue to rise, pdd holdings surged 35.5% this week; Musk claims that China's industrial capacity has far exceeded the usa.
On Friday, the turnover of the US stock market ranked first with nvidia falling by 2.13%, trading at $32.833 billion; tesla ranked second, rising by 2.45%, trading at $18.333 billion; apple, ranking third, rose by 0.12%, trading at $7.762 billion.
The Fed's 'favorite' inflation indicators continue to cool down! The core PCE in August compared to 0.1%, hitting a new low since May.
"The New York Fed communicator" Nick Timiraos commented on this month's PCE data, saying that the PCE indicator favored by the Fed is not far from the Fed's target.