ETFs Surge in 2024 With Record-breaking Launches and New Crypto & AI Funds

Seeking AlphaNov 23, 2024 04:01

ETF tracking | Volatility double long ETF rose by 16%; Leveraged long ETF for super micro computer plummeted over 70% in two days

On Thursday, October 31, the three major stock indexes in the United States all fell. The s&p 500 index closed down 108.22 points, a decrease of 1.86%, to 5705.45 points. The October cumulative decline was 0.99, ending the continuous rise since May. The dow jones industrial average fell 378.08 points, a decrease of 0.90%, to 41763.46 points. The October cumulative decline was 1.34%, ending the uptrend since May. The nasdaq composite index, mainly composed of technology stocks, also closed lower.

Futu NewsNov 1, 2024 15:55

OpenAI has reached an agreement with the media giant hess corp, providing ChatGPT with high-quality content assistance again.

Partnerships include Esquire, Elle, and other heavyweight magazine content; this ai startup company has previously reached cooperation agreements with news groups and other news publishers.

Zhitong FinanceOct 9, 2024 11:50

Germany's antitrust institutions are signaling a red flag, microsoft AI applications and its collaboration with OpenAI are facing stricter scrutiny.

German regulatory agency FOC has identified microsoft as a "company crucial for cross-market competition", which means that once FOC deems intervention necessary, it will take action against microsoft to prohibit the company's "anti-competitive behavior".

wallstreetcnOct 1, 2024 09:07

OpenAI wants to spend 7 trillion US dollars to build a wafer factory.

At the end of last year, OpenAI CEO Sam Altman began promoting a bold plan.

Zhitong FinanceSep 29, 2024 11:26

Will OpenAI, which has been 'necked' by non-profit organizations, eventually break free and go public?

However, some analysts pointed out that if OpenAI considers conducting its initial public offering (IPO) in the USA in the future, the company will face many challenges, with the most significant being rewriting its corporate charter.

Zhitong FinanceSep 20, 2024 15:59