LB Select
2023.05.11 00:09
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Breakfast | Alphabet-C releases AI language model PaLM 2, BIDU-SW tests AI search dialogue function.

Most of the tech stocks in the US stock market rose, while most of the AI concept stocks fell. Alibaba and TENCENT ADR rose nearly 1%. Alphabet-C updated its AI chatbot Bard and cancelled the waiting list. Amazon is developing an upgraded version of its AI home robot, which includes ChatGPT-like features. Disney's streaming media losses in the last quarter narrowed significantly, but subscriber numbers fell short of expectations. Disney announced that it will integrate Disney+ and Hulu into one app.

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Market Overview

The S&P 500 index is approaching to recover the decline since Monday, and the Nasdaq and Nasdaq 100 both closed up more than 1%.

Chinese concept stocks are mixed, with Li Auto up more than 13% and iQiyi down more than 4%.

Top Stocks

"Alphabet-C I/O" annual developer conference held

Alphabet-C updates AI chatbot Bard and cancels waiting list

Robinhood sets a precedent for US brokers, allowing users to trade stocks and ETFs 24 hours a day

Disney's streaming media losses in the last quarter have narrowed significantly, but the number of subscribers is lower than expected, and the stock fell more than 4% after hours

The AI war is too expensive, and Microsoft will not give full-time employees a raise this year

Will Apple's MR create the next "iPhone moment" when it is expected to be released in June?

Apple's "touch payment technology" is once again under EU antitrust review

Amazon is developing an upgraded version of its home robot Astro Paramount Global, a well-known Hollywood media company, announces layoffs

Disney announces integration of Disney+ and Hulu into one app

Baidu search adds AI conversation feature? Company response: currently in internal testing

Wall Street Journal: TIKTOK delays full opening of US shopping platform

Alibaba's Dai Shan: This year will make historic investment in user scale

Macro and Strategy

EU envoy approves new legal framework for cryptocurrencies "Cryptocurrency Market Act"

UK financial market 100% pricing, Bank of England to raise interest rates on Thursday

Sources say US prosecutors are investigating short selling of bank stocks

Australian lithium chemical company Allkem merges with US lithium giant Livent to create the world's third largest lithium producer