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Microsoft Says Iranian Hackers Targeted US Political Campaigns
Microsoft, Palantir Team up to Provide AI Services to US Defense, Intelligence Agencies
Microsoft Researchers Report Iran Hackers Targeting US Officials Before Election
Citi: Don't panic about the sharp decline in chip stocks, now is a good time to buy.
Citibank pointed out that although there has been a sharp decline in US chip stocks, this is mainly due to macroeconomic factors and high expectations. Semiconductors markets are still bullish, mainly because the demand for AI and storage markets remains strong. It is expected that DRAM prices will increase by 62% YoY in 2024, and Micron's performance guidance may be revised upward.
Palantir Co-Founder Joe Lonsdale Concurs On AI Not Driving Immediate Growth: 'We've Failed So Far Because It's Not Impacting The Entire Economy Right Away'
Why Is Nvidia Stock Still a Buy After Its Steep Sell-off? Just Ask Amazon, Google, Microsoft, and Meta
Overnight US stocks | The three major indices rose together, with concerns about recession cooling down, and the S&P recorded its largest one-day gain in two years.
At the close, the Dow rose 683.04 points, or 1.76%, to 39,446.49; the Nasdaq rose 464.22 points, or 2.87%, to 16,660.02; and the S&P 500 index rose 119.81 points, or 2.30%, to 5,319.31.
S&P rises over 2%, the best in nearly two years, with chip stocks up about 7%, Nasdaq and Chinese stocks up 2.8%, and US Treasury yields and the yen falling for three consecutive days.
The latest employment data alleviates concerns over the US economy, and US stocks rose more than 1.7%. Nvidia's stock rose more than 6%, and Tesla, Alibaba, PDD Holdings, and Tencent ADR rose more than 3%. Bullish on weight loss drug reports, Eli Lilly and Co's stock rose more than 13%, and Novo-Nordisk A/S's US stock rose nearly 8%. The 10-year US Treasury yield rose above 4%, and short-term bond yields rose by 10 basis points. Oil prices rose for the third consecutive day, gold halted its five-day decline, and digital currency had a big increase.
Delta to CrowdStrike: Don't Blame Us for Tech Problems -- Update
Foreign Headlines: Apple plans to launch the smallest Mac desktop computer to date, with Nvidia's market cap evaporating $900 billion from its June high. Wall Street expects the Fed to end quantitative tightening this year.
The top news that global financial media have been focusing on last night and this morning are: Wall Street expects the Federal Reserve to end the balance sheet reduction this year, but the possibility of an abrupt stop is low. The actual end date of the Federal Reserve's balance sheet reduction program depends on interest rate cuts and pressures in the financing market. Officials indicated that they will complete the reduction of US bonds before the end of the year. Many people on Wall Street believe that quantitative tightening is unlikely to end suddenly. However, the recent soft economic data and liquidity pressure risks have cast uncertainties on the prospects. More and more signs indicate that the economic growth is slowing down faster than expected a few weeks ago, causing a significant increase in global bond yields on Monday, with traders betting that the Federal Reserve and other central banks will
Top 20 trading volume stocks in the US on August 8th: Google AI acquires two major smartphone manufacturers.
On Thursday, Nvidia, ranked No.1 in stock trading volume, rose by 6.13%, with a turnover of $39.581 billion. Jibang Consulting's latest report points out that Nvidia is currently the largest buyer in the HBM (High Bandwidth Memory) market, and it is expected that its procurement share in the HBM market will exceed 70% after the launch of products such as Blackwell Ultra and B200A in 2025. It is expected that Blackwell Ultra, which Nvidia is planning to launch in 2025, will use eight HBM3e12hi chips, and there is also a possibility of GB200 upgrade, in addition to the planning of B200A. Therefore, it is estimated that in 202...
Microsoft Vs. Tesla: Which Should You Buy After Sell-off?
Palantir-Microsoft Partnership to Offer AI, Analytics Services to US Defense, Intelligence Communities
Express News | Delta Air Lines Says 7,000 Flight Cancellations Impacted Projected Year-Over-Year September Quarter Capacity Growth By About 1.5 Points
Express News | Delta Air Lines Inc - 7,000 Flight Cancellations Impacted Projected YoY Sept Qtr Capacity Growth by About 1.5 Points -SEC Filing
Express News | Delta Air Says CrowdStrike Software Issue Disrupted Travel Plans of 1.3 Million of Its Customers
Express News | Delta Says It Is Pursuing Legal Claims Against CrowdStrike, Microsoft to Recover Damages Caused by Outage, Which Cost It at Least $500 Million --Airline
Express News | Delta Air Lines Pursues $500M Legal Claims Against CrowdStrike And Microsoft After July Outage Caused 7,000 Flight Cancellations; Incident's $380M Revenue Impact, $170M Non-Fuel Expenses, And $50M Lower Fuel Costs Expected To Affect Q3 2024 Results
Express News | Delta Air Lines Inc - Non-Fuel Expense Associated With Technology-Driven Outage and Subsequent Operational Recovery Is Estimated at $170 Mln
Express News | Delta Air Lines Inc - Fuel Expense Is Estimated to Be $50 Mln Lower as a Result of 7,000 Flight Cancellations