Goldman Sachs downgrade!The latest speech from a Fed official

Mondo Finance Updated on 2024-02-24

On Friday, February 23, Eastern time, the three major U.S. stock indexes** were mixed, with the Dow and the S&P 500 hitting new all-time highs. Goldman Sachs lowered its expectations for U.S. interest rate cuts, and Federal Reserve Governor Waller spoke on the economic outlook. Tech giants join forces to invest!Amazon founders Bezos and Nvidia led the investment in Figure AI, a humanoid robot startup. JPMorgan Chase CEO Jamie Dimon**The line is about 1US$500 million**. This is the first time Dimon has been the bank's CEO since 2005, when he became CEO of JPMorgan Chase. Goldman Sachs lowered its interest rate cut expectationsAs of **, the Dow Jones rose 016% at 39131At 53 points, the S&P 500 rose 003% at 5088At 8 points, the Nasdaq fell 028% at 1599682 points. This week, all three major stock indexes recorded gains, with the Dow up 13%, and the S&P 500 rose 166%, the Nasdaq rose 14%。

Goldman Sachs lowered its forecast for U.S. interest rate cuts, expecting to cut rates four times this year, in June, July, September and December, after five rate cuts were expected. Speaking on the economic outlook, Fed Governor Waller said that interest rate cuts are expected this year, but there is no urgency;Seek at least a few more months of inflation data;A few months later in cutting rates shouldn't have much of an impact;Last week's CPI report was a reminder that the continued progress of inflation is uncertain. Recent data that exceeded expectations validated Fed Chair Jerome Powell's "prudent approach to risk management." Several indicators point to a slowdown in economic growth. Cutting rates too soon could squander inflationary progress and potentially cause considerable damage to the economy. Tesla recalls 8,700 vehiclesMost of the technology stocks **, Wind US Tamama Technology Index fell 039%, Tesla fell 276%, Apple fell 1%, and Amazon rose 023%, Netflix fell 083%, Google fell 009%, Facebook fell 043%, Microsoft fell 032%。

Due to hidden dangers in reversing images, Tesla is recalling some imported Model S and Model X electric vehicles with production dates between January 27, 2023 and January 7, 2024, totaling 1,071 units. A total of 7,629 domestically produced Model 3 electric vehicles between September 12, 2023 and January 12, 2024.

According to a comprehensive ** report, the EU intends to issue a fine of 500 million euros (about 3.9 billion yuan) to Apple due to suspected violations of EU competition regulations. If true, it would be the first time that the EU has imposed a fine on Apple for violating antitrust regulations. The EU is expected to announce its ruling against Apple in early March, the sources said. Bezos, Nvidia and others led the investmentHumanoid robotics startup Figure AIRecently, according to Bloomberg, Amazon founder and executive chairman Jeff Bezos and Nvidia became the latest round of investors, co-leading a startup company focusing on manufacturing humanoid robots, Figure AI. The scale of this round of financing is as high as 6$7.5 billion, sending the company's valuation soaring to $2 billion. It is reported that Bezos will inject $100 million into Figure AI through his investment company, Explore Investments LLC. And Nvidia and Amazon's one** may invest $50 million each. In addition, Microsoft and OpenAI, the creator of the ChatGPT chatbot, also participated in this round of financing, with Microsoft investing $95 million and OpenAI investing $5 million. It has been previously reported that Microsoft and OpenAI will participate in Figure AI's investment. Jamie Dimon JPMorgan ChaseAbout 1US$500 million**. Bank stocks collectively **, JPMorgan Chase rose 055%, Goldman Sachs rose 016%, Citi rose 005%, Morgan Stanley rose 083%, Bank of America rose 092%, Wells Fargo rose 092%。

According to Wind, JPMorgan Chase Bank CEO Jamie Dimon ** the bank is about 1US$500 million**. This is the first time Dimon has been the bank's CEO since 2005, when he became CEO of JPMorgan Chase. Popular Chinese concept stocks were mixedPopular Chinese concept stocks were mixed, with Tuniu up 1533%, and legendary creatures rose 71%, Trip.com Group rose 598%, good future up 604%, Melco Resorts & Entertainment rose 501%, Huazhu rose 482%, Lufax Holdings rose 472%, Jinshan Cloud rose 339%。In terms of decline, Canaan Technology fell 1182%, Pinduoduo fell 299%, iQIYI fell 277%, Bilibili fell 253%。China's new energy vehicle stocks fell across the board, and NIO fell 769%, Xpeng Motors fell 574%, Li Auto fell 054%。

Zhao Xinyi Finishing) Editor: Captain Review: Muyu

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