TQQQ240802P73000
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- -4.08-41.76%
ProShares UltraPro QQQ ETF Newsroom
Nearly 20 million US dollars per month! TikTok becomes a major customer of microsoft's AI.
TikTok, Walmart, Intuit, and G42 have become the main customers of Microsoft Azure OpenAI services. TikTok stands out in particular, having spent $20 million per month earlier this year on OpenAI models, accounting for 25% of the total revenue for that business. However, Microsoft faces the challenge of needing to expand the number and type of companies purchasing its AI services. Depending on a single or a few large customers may bring business risks, especially in cases where these customers may develop their own AI technologies.
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Has the interest rate cut in September stabilized? The labor cost indicators, which are the most important to the Federal Reserve, unexpectedly slowed down.
Wages and salaries for private sector workers (excluding incentive paid occupations) increased by 1.0% in the second quarter, with a year-on-year growth rate dropping from 4.2% in the previous quarter to 4.1%, compared to 4.8% in the same period last year.
Market Clubhouse Morning Memo - July 31st, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Semiconductors Lead Rebound | Market Story
As Microsoft Shares Crack After Earnings Miss, Analyst Says It's Not 'Time To Panic'
Another big impact tonight! The biggest point of interest is how the Federal Reserve will express its position on the interest rate cut in September.
The market is starting to bet on the yield curve returning to normal.
What's Going On With Microsoft Stock Wednesday?
T-Mobile's Q2 Earnings: Net Postpaid Adds, Record Free Cash Flow, Subscriber Boost And More
Epic Games' Tim Sweeney Slams Apple's 'Find My' Anti-Theft Feature, Calls It 'Super Creepy Surveillance Tech' That Should Not Exist