The FTC has escalated its antitrust investigation against Microsoft! This time, the focus is on its trade with OpenAI.
1. The Federal Trade Commission (FTC) of the usa is intensifying its comprehensive antitrust investigation into microsoft, focusing on its cooperation with OpenAI. 2. Last week, there were reports that the FTC is conducting a wide-ranging investigation into microsoft and revealing investigation details. 3. Microsoft accuses the FTC management of leaking details, violating the ethical standards of the institutions, and requesting the Inspector General of the usa FTC to investigate the matter.
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Daily summary of digital currency updates (2024-12-04)
According to statistics from HODL15Capital, the balance of bitcoin on exchanges has been continuously declining, with the total balance on major exchanges currently around 2.312 million BTC.
What signal? Two major technology giants' stock prices have reached historical highs together, apple has achieved 'seven consecutive increases', and Meta has risen nearly 8% over three days.
Apple and Meta's strong performance is due to their status as members of the 'Big Seven.' Currently, Apple is the company with the highest global market cap, reaching $3.67 trillion; Meta's total market cap is $1.55 trillion, ranking seventh in the US stock market. In terms of the macro environment, further Fed interest rate cuts are bullish for technology stocks.
nvidia is no longer the exclusive darling of AI? apple endorses amazon: considering using its chips to train models
①Apple is leveraging custom AI chips from AWS to enhance its search and other services, and evaluating the feasibility of using the latest AI chips for pre-training the 'Apple Asia vets' model; ②Apple revealed at the AWS Reinvent conference that it uses Amazon's proprietary chips, and stated that its infrastructure is reliable and stable, meeting the needs of global customers.
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Intel is seeking an external "parachute" CEO.
According to reports, intel is looking for a new CEO, focusing on external candidates, and has hired the executive headhunting company Spencer Stuart to assist in finding new leadership.
Vanguard warns: The AI boom on Wall Street is facing a pullback.
Vanguard economist Joe Davis stated that the market has overestimated the short-term potential of AI technology, with current valuation levels approaching those of 1997, increasing the risk of a stock price "pullback". It is difficult to determine the timing of the pullback, and it is unknown whether it will start in 2025.
Futu Morning Post | South Korea's president announced 'emergency martial law' late at night, stirring up the market; high-performance stocks collectively celebrate after hours! Marvell Technology, salesforce surged more than 10%.
Will the interest rate be cut in December? The Fed's voting members this year are "doing Tai Chi": regardless of cutting or not, interest rates should continue to decline; Nasdaq and S&P hit new highs again! Apple has risen for seven consecutive days to create a new historical high; Palantir rose nearly 7% to create a new historical high again, with the company's cloud computing service receiving a "highly authorized" certification.
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
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Spending more money to eliminate disasters: Apple is willing to invest 1 billion US dollars in Indonesia to lift the sales ban on iPhone 16.
The iPhone 16 has been banned from sale in Indonesia due to not meeting the local component localization requirements. Last week, the Indonesian Ministry of Industry stated that Apple's proposal to invest 0.1 billion dollars to establish a factory did not meet the principle of fairness. The Indonesian Minister of Investment said that Apple's investment in Indonesia must be larger than that in Vietnam.
Tesla's major shareholder, Liao Kaiyuan, warns: the 1929 stock market crash is about to repeat, no longer fully investing in Tesla, switching to short-term US Treasury bonds.
Tesla's major shareholder, Liao Kaiyuan, recently posted that a stock market crash similar to that of 1929 is approaching. He wants to hedge his investment portfolio's risks, and due to concerns that Tesla stocks may be about to be sold off, he chose to sell part of his Tesla stocks and invest in relatively safer short-term treasury bills to protect his investments.
U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.
① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.
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"The Most Powerful Retail Investor" claims to no longer be ALL-IN on Tesla and issues a "three battles" warning......
① Tesla's third-largest shareholder Liao Kaiyuan is reducing his hold positions in Tesla and is shifting to short-term usa Treasury bills; ② Liao Kaiyuan stated that World War III has arrived and a stock market crash similar to that of 1929 is imminent; ③ Liao Kaiyuan previously opposed Musk's 55 billion dollar compensation plan, which was dismissed by the Delaware District Court this Monday.