Google Launches AI Technology That Generates Text, Pictures and Audio
Alphabet's Options Volume Triples as Shares Rise After Google Unveils Quantum Chip
Options Market Statistics: Alphabet Stock Hits Record High on Google's New AI Model; Options Pop
GM shuts down autonomous driving business shareholder Microsoft (MSFT.US) charges $0.8 billion
Microsoft expects to accrue about $0.8 billion in impairment charges related to GM Cruises in the second fiscal quarter.
Microsoft lost approximately $0.8 billion due to Cruise investment
Microsoft said on Wednesday that it expects to accrue impairment charges of about 0.8 billion US dollars in the second fiscal quarter, related to the company's minority investment in Cruise, an autonomous driving company owned by GM. The day before, GM said it would no longer fund this business because it was too expensive to develop this technology and set up a fleet. Microsoft announced a minority investment in Cruise in January 2021 as part of a $2 billion investment in the autonomous vehicle startup, which is mostly owned by GM. The move enabled Microsoft to take over the emerging connected car services market
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
Google launches Gemini 2.0 Flash, a next-generation AI model that supports image generation and a full transition to Agent
In response to the many new products previously launched by OpenAI, Google on Wednesday launched Gemini 2.0 Flash, an important next-generation artificial intelligence model, which can natively generate images and audio while supporting text generation. 2.0 Flash can also use third-party applications and services to enable it to access features such as Google searches and code execution. According to Google, Gemini 2.0 Flash is the first model in the 2.0 family. It mainly promotes native multi-modal input and output+Agent. It is twice as fast as the 1.5 Pro, and the key performance indicators even surpass the 1.5 Pro.
Goldman Sachs Maintains Alphabet-A(GOOGL.US) With Buy Rating, Maintains Target Price $210
Nasdaq Closes Above 20,000 for First Time, Dow Falls After CPI Data
Google Cloud Could Be a Surprise Winner in the AI Spending Race
Overnight U.S. stocks | The Nasdaq broke 0.02 million points, setting a historical high, and Musk became the first person in the world with a net worth exceeding 400 billion.
As of the close, the Dow Jones Industrial Average fell 99.27 points, a decrease of 0.22%, closing at 44,148.56 points; the Nasdaq rose 347.65 points, an increase of 1.77%, closing at 20,034.89 points; the S&P 500 Index rose 49.28 points, an increase of 0.82%, closing at 6,084.19 points.
External market headlines: US inflation data for November is in line with expectations, Google launched Gemini 2.0, and SpaceX's valuation reached 350 billion dollars, and Musk's net worth exceeded 400 billion dollars
The main headlines that global financial media paid attention to last night and this morning were: the inflation data showed that the Federal Reserve cut interest rates in December but turned yellow for next year. The latest report shows that US inflation in November was in line with expectations, so investors still generally expect the Fed to cut interest rates by 25 basis points next week. However, stubborn price pressure also confirms concerns that progress towards the Fed's 2% target may stall. This concern may prompt officials to be more restrained in predicting the number of interest rate cuts in 2025, while waiting for more evidence that inflation will steadily reach its target. Federal Reserve policymakers will be in Washington on December 17-18
Alphabet-A Options Spot-On: On December 11th, 1.29 Million Contracts Were Traded, With 2.85 Million Open Interest
Nasdaq Surges Past 20,000 for the First Time, Powered by Tech Giants | Wall Street Today
Alphabet and Tesla Reach Fresh Records, Joining Amazon and Meta and Pushing Nasdaq Past 20,000
Nasdaq Reaches 20,000 for the First Time. Why That Could Spell Trouble for Investors in Early 2025
Magnificent Seven Tech Titans Hit $18.2 Trillion Market Cap: Alphabet, Amazon, Apple, Meta, Tesla Jointly Notch All-Time Highs
Alphabet (GOOGL) Stock Trades Up, Here Is Why
Alphabet's Quantum Willow Chip Wows Analyst: Google At The 'Leading Edge Of Technology Innovation'
Quantum-Computing Stocks Rigetti, D-Wave Soar as Investors Bet on 'Next Big Thing' in Tech