Longbridge Breakfast | Alphabet-C merges Deepmind and Alphabet-C brain, Meta Platforms' market value surpasses Tesla again
US stocks opened and closed low, with multiple officials from the Federal Reserve sending "hawkish" signals. Moderna and IBM are collaborating on the development of mRNA, utilizing generative AI and quantum computing technology. META plans to withdraw from London and cut 10% of its UK staff.
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Market Overview
Tesla falls 10%, dragging down US stocks
Top Stocks
Alphabet-C merges DeepMind and Alphabet-C Brain
ASML expects to ship more lithography machines to China this year
The strongest rocket in history, SpaceX Starship, takes off
86 domestic game licenses approved in April! Two on Bilibili, Tencent and NetEase miss out
Meta Platforms plans to cut 10% of its workforce in the UK
Zuckerberg does not rule out the possibility of further layoffs at Meta Platforms Cathie Wood: Sets Tesla's 2027 target price at $2000
NVIDIA launches AI video generation model VideoLDM
HSBC launches AI-based stock index
After three years of competition, HSBC and Ping An each reveal their final attitudes
US consumer goods giant Kellogg plans to lay off employees
BuzzFeed to shut down news department and lay off 15% of staff
Macro and Strategy
Another Fed hawk supports raising interest rates again
Blackstone CEO warns market overestimates likelihood of Fed rate cut
US President Biden prepares to announce reelection campaign next week
UK lawmakers call for regulation of AI projects such as ChatGPT
