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Biden is taking significant actions! He has signed an executive order to accelerate the development of AI infrastructure.
① The President of the USA, Biden, signed an executive order to advance AI infrastructure development, focusing on the Energy demands of Datacenters; ② The order requires the USA Department of Defense and the Department of Energy to lease federal land for the private sector to build AI Datacenters and clean Energy facilities; ③ The policy aims to accelerate the construction of the next generation of AI infrastructure in the USA, enhancing economic competitiveness, National Security, and the use of clean Energy.
Express News | Brazilian government: Meta's content policy changes may violate local laws.
Futu Morning Report | USA's December PPI unexpectedly cools down! Wall Street nervously prepares for CPI release day; quantum computing stocks rebound strongly, RGTI surges 48%.
In December, the USA's PPI unexpectedly cooled, growing by 0.2% month-on-month. The year-on-year growth of the December PPI and core PPI were 3.3% and 3.5% respectively, both the highest growth rates since February 2023; Biden has signed another executive order to accelerate the development of AI infrastructure.
Express News | China Securities Co.,Ltd.: Edge AI is gradually emerging, Hardware is undergoing upgrades, with a focus on computing power, connectivity, storage, and Electrical Utilities.
Top 20 by transaction volume | Bitcoin once reached over $97,000, MSTR rose over 4%; Technology stocks declined, with Tesla and NVIDIA falling over 1%.
On Tuesday, Meta Platforms, ranked 4th in U.S. stocks, closed down 2.31% with a transaction volume of 8.084 billion USD; Eli Lilly and Co, ranked 5th, closed down 6.58%, marking the largest single-day decline since March 2021, with a transaction volume of 7.702 billion USD; Quantum Computing concept stock Rigetti Computing, ranked 15th, closed up 47.93% with a transaction volume of 2.724 billion USD.
US stocks closed with mixed results | The three major Indexes had varied performances, Quantum Computing stocks rebounded sharply, with RGTI surging 48%; China Concept Stocks saw a general increase, with Xiaopeng Autos rising nearly 7%.
① The seven tech giants all fell, with Meta down more than 5%; ② China Concept Stocks collectively rose, with the Nasdaq China Golden Dragon Index up 2.10%; ③ Eli Lilly and Co fell 6.6%, marking its worst single-day performance since March 2021.