Vanguard Group warns: US technology stocks are seriously overvalued, people are too optimistic about the prospects of AI.
① Chief Economist of Pioneer Group wrote in the report that the market's expectations for artificial intelligence technology seem to be somewhat excessive. ② He warned that Wall Street's optimism about the economic growth and corporate profit increase brought by artificial intelligence technology has led to overvaluation of US technology stocks.
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Rivian, a strong rival of Tesla, experienced a fire at its factory, resulting in damage to multiple electric vehicles.
①Rivian said on Sunday that a fire broke out in the parking lot of the company's manufacturing plant in Normal, Illinois, damaging multiple electric cars on Saturday night; ②A company spokesperson told the media that there are currently no reports of casualties, and the cause of the fire is under investigation; ③The fire occurred in a parking lot on the north side of the plant, and the assembly plant was not affected.
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Boeing loses again! NASA decides to bring back stranded astronauts with the 'Dragon' spacecraft.
①NASA announced that astronauts stranded on the International Space Station will return to Earth in February 2025 aboard the "Dragon" spacecraft of SpaceX, the U.S. space exploration technology company; ②The Crew Dragon spacecraft will return to Earth without any crew on board, i.e., it will return empty.
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