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.
Preparing for a "tense year"? Meta announces a new round of layoffs affecting about 3,600 people.
①Meta announced on Tuesday that it plans to lay off about 5% of its workforce, targeting the lowest-performing employees; ②This move aims to prepare for what the company's CEO, Zuckerberg, has described as a "challenging year"; ③Zuckerberg told employees that the vacant positions will be filled by new employees later this year.
Express News | Brazilian government: Meta's content policy changes may violate local laws.
Meta Execs Obsessed Over Beating OpenAI's GPT-4 Internally, Court Filings Reveal
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.
Meta Platforms Analyst Expects 'Strong Momentum' In Q4 To Continue In 2025
Meta Platforms (META.US) plans to lay off about 5% of its workforce and intends to recruit for the positions that are being eliminated later this year.
As of Tuesday's closing, Meta Platforms fell by 2.31%, trading at $594.25.
Meta Platforms Options Spot-On: On January 14th, 437.39K Contracts Were Traded, With 2.18 Million Open Interest
On January 14th ET, $Meta Platforms(META.US)$ had active options trading, with a total trading volume of 437.39K options for the day, of which put options accounted for 38.01% of the total
What's Behind the Move in AI Infrastructure Stocks — Plus, Meta Sticks With Efficiency Mantra
Meta announced a 5% layoff, and Zuckerberg referred to 2025 as "a tense year."
On Tuesday (January 14), Meta announced it would lay off about 5% of its employees, primarily targeting the lowest-performing workers. This decision was communicated to all employees by CEO Mark Zuckerberg through a memo on the company's internal platform, Workplace. Zuckerberg described 2025 as a "challenging year" and emphasized the importance of raising performance management standards.
Meta Platforms Announces Performance-Based Job Cuts: What's Going On?
ETF Earnings: Biggest Weeks for Major Funds as Holdings Report
Sector Update: Tech Stocks Rise Tuesday Afternoon
Sector Update: Tech
Unusual Options Activity: BAC, GAP and Others Attract Market Bets, BAC V/OI Ratio Reaches 121.9
EST Jan 14th Afternoon Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
Express News | Musk, Zuckerburg and Bezos to Attend Trump Inauguration -Nbc Reporter on X
European Equities Close Mixed Tuesday; Google Probed by UK Competition Watchdog