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On January 29, OpenAI said it found evidence that Chinese artificial intelligence startup DeepSeek used its proprietary model for training. The company says it has seen some evidence of "distillation," a technique used by developers to achieve better performance on smaller models by using the output of larger, more powerful models.
The Federal Reserve is expected to keep interest rates on hold this week, giving itself more time to reduce inflation and assess the impact of President Trump's policies on the economy. The Fed has cut interest rates three times in a row since September, a cumulative 1 percentage point cut. The Fed currently has a base rate range of 4.25% to 4.5%. Several policymakers have said they expect fewer rate cuts this year as data show the U.S. economy is performing solidly and inflation is higher than....
Wall Street's well-known pessimists believe that Nvidia's future pullback could be double or even triple what it was on Monday. Click to view...
The world's largest silver ETF - iShares Silver Trust holdings decreased by 50.98 tons from the previous day, and the current holdings are 14,097.73 tons. Welcome to click to view the data center
US stocks opened higher and moved higher, and the three major indexes collectively closed higher. The Nasdaq index rose more than 2.03%, the S & P 500 index rose 0.92%, and the Dow index rose 0.31%. Most large technology stocks rose, Nvidia rose nearly 9%, Apple rose more than 3%, Microsoft and Meta rose more than 2%, Google and Amazon rose more than 1%, Tesla rose slightly; Netflix fell slightly.
Cryptocurrency proponent and Republican Senator Cynthia Lummis has accused the Securities Exchange Commission under former Chairperson Gary Gensler of undermining lawmakers' efforts to regulate cryptocurrencies. Lummis filed a 29-page amicus brief with the U.S. Court of Appeals for the Second Circuit in connection with the Securities Exchange Commission's (SEC) case against Coinbase, in which the SEC alleged that the exchange was not legally registered.
The US Federal Reserve Manufacturing Index in January was -4, the previous value was -10.
The U.S. index opened higher and moved higher, with the Nasdaq Composite expanding its gains to 1%.
The snake congratulates the Chinese New Year, and the auspiciousness is full of energy. I wish you full fortune and continuous profits in the Year of the Snake! Happy Chinese New Year!
The U.S. index opened higher and moved higher, with the Nasdaq Composite expanding its gains to 1%.
