Competition challenges valuation of Tesla's Optimus robot project, but Elon Musk remains optimistic
From TradingView.: Gary Black, Future Fund manager, struggles to assign value to Tesla’s Optimus robot project due to competition and
Author: MarketNewsData
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US economy slowing, GDP expected to increase 2.1%, inflation stubborn, potential recession worries
From Investing.com: A new round of nowcasts predict a slowdown in US economic activity for the first quarter of the
Equity markets looking to rebound, with key events including Nvidia conference and Fed meeting.
From NASDAQ MarketSite: Asia-Pacific markets saw mostly lower finishes, with gainers including India’s SENSEX and China’s Shanghai Composite. European markets
Stock rally pauses as US inflation data reduces expectations of rate cuts
From Nasdaq: Global stocks are ending the week flat after a strong rally in the first quarter. The dollar index
Sam Altman seeks Abu Dhabi investors for AI semiconductor venture, aiming to reduce reliance on NVIDIA.
From Network18.: Sam Altman is seeking investors for his AI semiconductor venture to reduce reliance on NVIDIA. Abu Dhabi’s MGX
US stock futures rise slightly as Treasury yields stabilize, setting up for weekly gains
From Nasdaq: Futures tracking Wall Street’s main stock indexes rose slightly after U.S. Treasury yields paused, setting up for weekly
Zacks Market Edge podcast discusses top Zacks ranked stocks near 52-week highs.
From Nasdaq: Zacks Market Edge podcast, hosted by Tracey Ryniec, delves into investing topics like stocks and ETFs weekly. On
OpenAI will release text-to-video tool Sora this year, with audio integration and user privacy.
From ABP News: OpenAI’s Sora text-to-video tool wows tech community with CEO Sam Altman’s announcement. Users eagerly submit prompts for
Marathon Digital and Coinbase Global both report strong revenue growth and profitability in Q4
From Nasdaq: 1. Marathon Digital saw a 452% year-over-year revenue increase to $156.8 million in Q4 2023, producing a record
Embedded finance market projected to reach USD 1,029.02 billion by 2032 with 32.4% CAGR
From GlobeNewswire: The global embedded finance market is projected to reach USD 1,029.02 billion by 2032 with a CAGR of
OpenAI limits access to GPT-2 AI model, sparking concerns about transparency and misuse.
From Bloomberg: OpenAI’s decision to limit access to its artificial intelligence model GPT-2 raises concerns about transparency and open access
Microsoft accuses Google of unfair advantage in generative AI, pointing to monopolistic concerns
From Network18: Microsoft accuses Google of unfair advantage in generative AI, despite their partnership with OpenAI. They claim Google’s access
Artificial intelligence industrial complex controlled by ultra-rich influencers driving ecological destruction.
From Post Carbon Institute: The artificial intelligence industrial complex is controlled by a small cadre of ultra-rich influencers linked to
Oil prices rose over 3% for the week due to increased oil demand forecast
From Investing.com: Oil prices edged lower on Friday, but are set to gain over 3% for the week. The International
US dollar strengthens on strong data, equities weaken
From Investing.com: The US dollar made a comeback this week after strong US data created speculation of fewer Fed rate
Coinbase stock rebounds in 2024 with strong earnings growth from crypto assets
From Nasdaq Stock Market.: Coinbase (NASDAQ: COIN) stock has rebounded impressively in 2024, showing strong earnings growth aligned with the
OpenAI is set to launch Sora, an AI creating hyperrealistic videos from text
From Merca2.0: OpenAI introduces Sora, an AI transforming text into hyperrealistic videos, set to launch in a few months. The
Azure OpenAI's "Use Your Data" feature is now generally available on Microsoft Azure.
From InfoQ: Microsoft has launched On Your Data in Azure OpenAI Service, allowing users to utilize OpenAI models like GPT-4
Figure 01, a robot developed by Figure and OpenAI, can have real-time voice conversations and mimics human interactions.
From Future plc: A new AI startup, Figure, has partnered with OpenAI to create Figure 01, a robot capable of
US stock futures steady ahead of Fed meeting, concerns of inflation, lower rate cut expectations.
From Nasdaq: U.S. stock index futures were steady on Friday ahead of a Federal Reserve meeting that could provide clues
Elon Musk sues OpenAI and CEO Sam Altman, sparking public opinion battle
From Business Insider: Elon Musk has filed a lawsuit against OpenAI and CEO Sam Altman, alleging breach of a 2015
Vodafone agrees to sell Italian business to Swisscom for €8 billion, shares rise by 4%.
From Morningstar: Vodafone Group has agreed to sell its Italian business to Swisscom for €8 billion, with half of the
Bitcoin falls 10% to $65,940.0
From Investing.com: Bitcoin experienced a 10% drop in value to $65,940.0, the largest percentage loss since November 2022, with a
Gold prices dip due to strong US data impacting Fed rate cut expectations, euro declines.
From Investing.com.: Gold prices dipped below 2,160 due to strong US inflation data impacting expectations for Fed rate cuts, with
OpenAI's new text-to-video AI model, Sora, can generate realistic scenes, but details about training dodged.
From Wall Street Journal: OpenAI’s new text-to-video AI model, Sora, can generate realistic scenes. The company’s CTO, Mira Murati, explains