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The "quantum frenzy" in the US stock market continues, with "quantum NVIDIA" RGTI skyrocketing by 36% and then rising another 10.62%!
After a 36% surge on Thursday, Rigetti Computing, NVIDIA in the quantum computing space, closed up 10.62% on Friday, bringing its year-to-date increase to nearly 1600%. Analysts state that this exciting rise highlights the market's confidence in quantum computing as a transformative power across industries, with experts predicting further expansion in its potential for efficiently solving complex problems and computational capabilities in the future.
Li Auto CEO Defends Use Of LiDAR Despite Tesla CEO Elon Musk's Criticism: 'If Musk Had Ever Driven On Different Highways In China...'
OpenAI's earthquake is divided in two, making a full sprint towards AGI! One half looks toward money, while the other half pretends to be idealistic.
OpenAI's for-profit division will transform into a Public Benefit Corporation (PBC) in Delaware, pursuing commercial profits; while the non-profit division will continue to focus on health, Education, and scientific charitable work. From now on, there are no obstacles for OpenAI to receive investors' money anymore! Netizens say: OpenAI has officially transformed into ClosedAI.
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Is there still a Santa Claus rally? Understand in one article why the US stock market suddenly dropped on Friday.
Large Technology stocks are leading the decline, with Tesla once dropping over 6%, and the sell-off in QITABANKUAI is also accelerating. Aside from technical factors like profit-taking, the 10-year US Treasury yield is hovering at a seven-month high, intensifying the downward pressure on the stock market. Goldman Sachs states that by the end of the year, USA pensions will sell $21 billion in US stocks, and CTAs will sell an additional $4 billion, resulting in significant selling pressure.
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Stocks Tumble As Traders Rethink Santa Rally, Crude Tops $70, Bitcoin Slips To $94,000: What's Driving Markets Friday?
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Tesla Shares Are Trading Lower Amid Broader Market Weakness.
Shares of Companies in the Broader Tech Sector Are Trading Lower After Experiencing Strong Gains in 2024 Amid AI Momentum.