SearchGPT confronts Google head-on?! Citigroup: no need to worry too much | AI dehydration.
SearchGPT is only available to 0.01 million users in the initial stage, and will not have a significant impact on Google in the short term.
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Meta and Google admit that they may have invested too much in AI, but the risk of insufficient investment is far greater than that of excessive investment.
Technology giants would rather over-invest than invest too little, because in the technology industry, falling behind means having nothing at all.
The Nasdaq fell nearly 1%, while small cap stock index rose over 1%. Nvidia turned higher after falling about 7%, and silver saw its deepest decline at 5%.
Continuously updating... Investors continue to sell technology stocks and buy blue chip and small cap stocks. The S&P 500 has fallen for three consecutive days, and the chip stock index opened low and fell by half. The Dow Jones and Russell small cap stock index rose throughout the day, and Tesla rose by as much as 4.6%. After rising 0.7%, the China concept stock index turned to a 0.7% decline. New Oriental fell 5.5% after Dong Yuhui resigned, while Xiaopeng and Li Auto rose nearly 2%. The European stock of French luxury goods giant Kering Group's Yoox Net-a-Porter fell more than 7% to a seven-year low. US bond prices rose and fell, leading the global bond market before the release of positive US second quarter GDP data. Offshore RMB surged more than 600 points on Thursday and rose more than 0.7% for three consecutive days, while the yen rose as much as 1% to a two-and-a-half-month high. Ethereum futures fell more than 6.7% on the third day of ETF listing, and London copper fell below $9,000 per ton for the f
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Nvidia, Alphabet, Microsoft, Drag S&P, Nasdaq Lower | Wall Street Today
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Is the weight loss drug industry about to change? Viking Therapeutics rose nearly 40% intraday and hit a two-month high.
After communicating with the regulatory institution FDA, USA's Viking Therapeutics is pushing forward the weight-loss candidate drug VK2735 to phase III clinical trials ahead of schedule, potentially bringing the launch time forward by one year. This drug is expected to be injected once a month, which is more convenient than the same miraculous drug from Eli Lilly and Co and Novo Nordisk A/S. The oral version of VK2735 will start mid-term trials in the fourth quarter of this year.
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