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Apple's stock price has rebounded consistently; is the market betting on tariff exemptions for the iPhone?
"90% of investors believe that Apple will receive a tariff exemption," after all, Apple has received an exemption once during the Trump 1.0 period. Wall Street believes that under the "America First" policy, Trump may not want to harm iconic American companies like Apple, especially after the company promised to invest 500 billion dollars in the USA over the next four years.
The valuation of the startup is set at 32 billion USD! Google, NVIDIA, and star VCs are flocking to invest, demonstrating the influence of the "AI guru" Ilya Sutskever.
SSI was co-founded by Ilya Sutskever, co-founder and former chief scientist of OpenAI, Daniel Gross, former head of Apple's AI department, and investor and AI researcher Daniel Levy. Founded only a year ago, it has not launched any products yet, but has already secured over 3 billion dollars in funding. Analysis suggests that the competition in the AI field has shifted from purely a capital war to a talent war, with top AI researchers becoming one of the core investment logics.
Weekend Reading | Microsoft’s 50th birthday has not been easy.
At the press conference that day, even with Gates, Ballmer, and Nadella, the three CEOs present, and Ballmer once again putting on his "screaming emperor" act, it was overshadowed by the disruption caused by the protesters, leading to a hasty conclusion of the "birthday party".
U.S. stock market close | The Federal Reserve hints that it may take action! The Nasdaq rises over 2% leading the three major indices, NVIDIA gained nearly 18% for the week.
The S&P had its best weekly performance of 2023; Apple rose over 4%, NVIDIA increased nearly 18% for the week; JPMorgan rose 4%; Texas Instruments fell nearly 6%. The ten-year U.S. Treasury bonds had their worst weekly performance since 2001. The USD saw its largest weekly drop in over two years; in intraday trading, the Swiss franc rose nearly 2% to a ten-year high; offshore yuan briefly broke 7.29, surging over a thousand points in three days. Spot Gold increased over 8% in three days.
Alphabet Shares Are Trading Higher Amid Overall Market Strength.
Options Corner: Wall Street's Risk Modeling Nightmare Creates Massive Opportunities In Amazon Put Spreads