Another good news? US Michigan consumer confidence hit an eight-month low in July, with both short- and long-term inflation expectations falling.
Although people's long and short-term inflation expectations have fallen back, the University of Michigan's Consumer Sentiment Index in the United States in July still hit an eight-month low, with sub-indices falling below expectations. Consumers are still very frustrated with continued high prices, and their views on current and future financial conditions have deteriorated to the lowest level since October last year.
405 billion parameters! Meta may release its most powerful Llama 3 model yet on July 23.
Compared with its predecessor, Llama 3 has made a qualitative leap. Llama 2 was trained with 2 trillion tokens, while the token used to train Llama 3 large version exceeded 15 trillion.
Top 20 turnover | Tesla rose and fell, closing up nearly 3%; Wells Fargo & Co. fell more than 6%, with net interest income below expectations.
On Friday, Tesla ranked first in the trading volume of US stocks, closing up 2.99% with a turnover of $38.54 billion; Nvidia ranked second, closing up 1.44% with a turnover of $32.817 billion; Apple ranked third, closing up 1.31% with a turnover of $12.257 billion.
The Fed's interest rate cut path is becoming more and more clear! The market has outlined the downward profile of US bond yields.
The Bloomberg US Treasury Index has erased all its 2024 declines; this rebound has pushed the 2-year Treasury yield to its lowest level since March.
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