S&P 500 Gains For 4th Straight Session Amid Rise In Nvidia, Alphabet, And Other Tech Stocks: Greed Index Remains In 'Fear' Zone

Benzinga01:22 ET

Huang Renxun: Blackwell has been fully put into production, and its performance will be improved by 3-4 times compared to the previous generation chip.

After the artificial intelligence conference held at the White House, Huang Renxun stated that Blackwell is undergoing comprehensive mass production, and the new generation of products will 'reduce energy consumption, improve performance, and reduce costs.' He also stated that he will actively cooperate with government policies and at the same time called on the government to conduct 'careful consideration' of global trade policies.

wallstreetcn00:15 ET

Ultraman and other technology leaders meet with the Biden team! The AI cross-department working group has officially announced its establishment.

①Many leaders in the technology and energy industries in the United States met with senior officials of the Biden administration on Thursday, September 12th; ②The meeting discussed how to meet the huge infrastructure needs of artificial intelligence projects; ③The White House subsequently announced the establishment of an interdepartmental working group to help promote the development of data centers in the United States.

cls.cn23:12 ET

Options Market Statistics: Nvidia's Stock Extends Gains as CEO Cites Magnitude of Chip Demand

Options Newsman21:05 ET

OpenAI: ChatGPT has over 11 million paying users.

These paying users include 1 million high stock price business plan users, such a large user base brings in substantial revenue for OpenAI - over $0.225 billion per month. OpenAI is currently seeking significant financing to support its rapid business growth.

wallstreetcn20:49 ET

Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.

In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.

wallstreetcn19:04 ET