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U.S. stocks closed higher | All three major Indexes rose, with the Nasdaq up 2%; chip stocks and Chinese concept stocks performed well, NVIDIA rebounded nearly 9%, and Alibaba rose over 6%.
The S&P Large Cap and chip Index rose by 1%, while the Dow Jones and Small Cap indices had relatively smaller gains. Apple surged nearly 4% to maintain its position as the largest company by Global Market Cap, while Microsoft and Broadcom increased by nearly 3%. AI, quantum computing, and Nuclear Power stocks collectively rebounded, with Oklo, invested in by Altman, rising over 9%. The China concept Index closed up by 1.7%, and Alibaba rose by nearly 7%.
Oracle Options Spot-On: On January 28th, 159.64K Contracts Were Traded, With 686.07K Open Interest
On January 28th ET, $Oracle(ORCL.US)$ had active options trading, with a total trading volume of 159.64K options for the day, of which put options accounted for 26.48% of the total transactions, and
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Express News | Market news: Oracle is using Starlink technology to provide connectivity services for ECP.
Express News | Starlink to Provide Reliable High-Speed Connectivity to the Oracle Enterprise Communications Platform
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A comprehensive read | DeepSeek released a new model on New Year's Eve, is the revolution of multimodal unification coming?
As Deepseek makes waves in the global AI community and prompts Wall Street to conduct a tense evaluation, it once again brings surprises to the world. At 12:28 AM on January 28, 2025, Peking time, the DeepSeek team released two multimodal frameworks - Janus-Pro and JanusFlow. This time, the focus is on Janus-Pro. Janus-Pro is an innovative framework for unified multimodal understanding and generation, an upgraded version of Janus, which significantly enhances the model's adaptability across different tasks by decoupling visual encoding.
DeepSeek is truly the strongest domestic killer weapon! Overnight, a Market Cap of 1 trillion dollars and the fortunes of 100 billionaires have turned to "ashes".
The 500 wealthiest individuals worldwide collectively lost 108 billion dollars. The Bloomberg Billionaires Index shows that billionaires associated with AI are the biggest losers, with Jensen Huang's wealth shrinking by 20.1 billion dollars, a decrease of 20%; Oracle co-founder Larry Ellison saw a reduction of 22.6 billion dollars in his wealth.
Express News | Nvidia Gains 4.4%, Broadcom Rises 4.3%, Oracle up 2.8%
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