The three major indexes of U.S. stocks fell together, the ChatGPT concept soared, and Tesla's stock price returned to $200

News from the financial sector on February 8, investors weighed corporate earnings and intraday economic data, while waiting for Fed officials to speak, U.S. stocks collectively opened lower, the Dow opened nearly 100 points lower, and the Nasdaq and S&P 500 fell 0.4%.

China's ChatGPT concept stocks opened higher, Alibaba about 1.2%, Zhihu rose more than 12%, Youdao rose more than 18%, Aurora rose more than 20%, and Uber rose nearly 7%.

At press time, the Dow was down 117.25 points, or 0.34%, at 34,039.44, the S&P 500 was down 18.71 points, or 0.45%, at 4,145.29 and the Nasdaq Composite was down 43.85 points, or 0.36%, at 12,069.93.

Tesla shares are back at the $200 mark, nearly doubling from their low at the start of the year, and are now up more than 2 percent.

Google fell more than 6 percent to a refresh day low of $100.50 after Bard, Google's artificial intelligence chatbot, gave incorrect answers to questions raised by users at a press conference.

Germany's DAX rose 0.7%, Britain's FTSE 100 rose 0.7%, France's CAC 40 rose 0.4%, and Europe's Stoxx 50 rose 0.4%. WTI crude rose 0.95 percent to $77.87 a barrel. Brent crude rose 0.76 percent to $84.33 a barrel.

Biden: Inflation is going down, the U.S. economy is rising

In his State of the Union address, U.S. President Joe Biden sought to showcase the economic success of his administration to ease public concerns. Biden acknowledged that inflation is "a global problem" but said it was declining, noting that inflation has been falling back over the past six months. He added that despite Americans' concerns about the "specter" of inflation, the U.S. economy is on the rise. The main thrust of Biden's speech also included what he saw as efforts to improve the economy for the benefit of American workers. In addition, Biden also mentioned his clean energy plan, warning that climate change poses a threat to the United States.

Powell: Inflation may fall significantly this year, and it is only expected to fall to the Fed's 2% target in 2024

In his speech on Tuesday, Powell said the Fed may need to raise interest rates higher than previously expected if U.S. labor market data continues to be stronger than officials expect and inflation rises further. Powell is concerned about inflation in core services, which does not include the housing sector, and the labor market remains too tight. He expects that while inflation may fall significantly this year, it will not fall to the Fed's 2 percent target until next year. Powell said that if strong labor data persists, the peak interest rate in the current tightening cycle could be higher. U.S. stocks hit intraday highs during the interview on Tuesday.

As both a service provider and an adversary, the alliance between technology giants cloud and AI startups may attract regulatory attention

Big tech companies, through their cloud computing units, are actively seeking to partner with AI startups, including investments and alliances. This has raised questions from U.S. regulators that big tech companies such as Microsoft are both cloud service providers and competitors to AI startups in the race to develop "generative AI." William Kovacic, former Republican chairman of the US antitrust agency, said that this situation is exactly what the US Federal Trade Commission (FTC) will focus on. Historically, Kovacic said, such dependencies have caught the attention of antitrust regulators in other areas such as telecommunications.

Wall Street exclaimed that the decline in US inflation was "transitory"

Strategists at JPMorgan and Bank of America, as well as prominent analysts such as Peter Schiff, chief market strategist at Europacific Asset Management, have linked the recent decline in inflation to the word "transitory."

Xiaomo strategists released a paper titled "Temporary Deflation? "We are still on the path to deteriorating margins, which will eventually lead to layoffs." At Bank of America, strategist Michael Hartnett and his team believe that deflation in the first half of the year was temporary, or not a "landing"; And in the second half of this year, the US economy will have a "hard landing", which is a "bear market risk".

Tesla's January sales in China increased by 18.38% month-on-month, and its market share rose to 8.09%

According to data released by the passenger association, Tesla delivered 26,843 vehicles in China in January 2023 and sold 66,051 vehicles in China in January, of which 39,208 were exported. Sales in January increased by 18.38% month-on-month and 10.37% year-on-year.

In January, retail sales of new energy vehicles in China were 332,000 units, which means that Tesla's share of the Chinese new energy vehicle market was 8.09%, up from 6.55% in December 2022. In early January, the company slashed prices for its full line of Model 3 and Model Y products in China. January's sales figures reflect sales after price cuts.

It is said that Ali Dharma Academy is developing a ChatGPT-like conversational robot

On February 8, a senior technical expert of Alibaba broke the news that Ali Damo Academy is developing a ChatGPT-like dialogue robot, which is currently open for testing by employees in the company. Judging from the exposure screenshots, Alibaba may deeply combine AI large model technology with DingTalk productivity tools. In this regard, All-weather Technology asked Ali for verification, which said: "It is indeed in the research and development stage, which is currently in the internal testing stage, and will be deeply combined with DingTalk." If there is more information in the future, we will synchronize the media as soon as possible. ”

Microsoft unveiled new AI-powered versions of Bing and Edge

On Tuesday, Microsoft launched a new artificial intelligence search engine, Bing and Edge, and the new applications will be supported by OpenAI's latest technology. It is reported that the new version of Bing runs on OpenAI's language model, which is more advanced than ChatGPT, and can easily switch to artificial intelligence chat mode. And the new Edge browser adds Bing that can chat and write. Separately, Microsoft plans to release software later this year to help large companies create chatbots similar to ChatGPT.

Aurora integrated ChatGPT to launch AI creation tools

Aurora announced that it will integrate ChatGPT technology into its core product JPush. JPush integrates ChatGPT to launch the "AI Creation" tool, which allows operators to quickly generate high-click-through rate, high-conversion rate and high-quality intelligent creative push copywriting for thousands of people, which can more effectively improve customer reach efficiency and interaction needs. In the future, Aurora will also apply ChatGPT technology to other products such as email and SMS in Jiguang's developer services, continue to enrich the application scenarios of ChatGPT and other related technologies in the SaaS field, and continuously use big data and artificial intelligence technology to improve the capabilities of Aurora products and services to help enterprises digital transformation.

Enphase Energy's first-quarter guidance and fourth-quarter results both beat expectations

Enphase Energy's fourth-quarter diluted earnings were $1.51, up from $0.73 in the year-ago quarter, and analysts' expectations were $1.26; revenue was $724.7 million, up from $412.7 million in the year-ago quarter. Analysts surveyed by Capital IQ expect $703.2 million; the company expects first-quarter revenue of $700 million to $740 million, up from $682.3 million expected by Capital IQ analysts.

Uber's Q4 revenue was higher than market expectations

Uber's Q4 2022 revenue was $8.61 billion, versus market expectations of $8.47 billion, and fourth-quarter travel bookings were $14.89 billion, versus market expectations of $14.72 billion.

Shares of Premier League giants Manchester United suddenly plunged Rumors are that Middle Eastern buyers are about to offer sky-high buys

With the news that "Middle Eastern buyers are about to make sky-high acquisitions", it is also expected to record the biggest one-day gain of the Premier League giants since November last year. It is worth mentioning that the main reason for the surge in November last year was the confirmation of the Glazer family of team owners that they would evaluate the sale. For a potential sale, the U.S. boss also brought in Rothschild Bank as a financial advisor. If today's closing price can remain near $25, it will also update the company's stock price since 2018.

Reaping the ChatGPT concept dividend Zhihu rose sharply before the market

After closing up 31.69% yesterday, Zhihu rose again pre-market today. Zhihu Hong Kong stocks rose as much as 57.42% to HK$36.6 today, and the stock price hit a record high, and finally closed up 39.57% at HK$32.45.

Although Zhihu did not announce that it will publicly test the artificial intelligence chatbot "Wen Xin Yiyan" similar to ChatGPT in March, some commentators posted on social platforms describing that in the Zhihu community, questions are regarded as the starting point, and the discussions and answers triggered by this are the core of Zhihu's content, which is a natural fit for efficiency tools such as ChatGPT based on dialogue mode and based on questions and answering tasks, especially the good knowledge sharing environment and community atmosphere that Zhihu has formed for a long time.

Yueshang Group announced the launch of a DEMO version of ChatGPT-like technology

After a surge of 33.68 on Tuesday, Yueshang Group soared again before the market today. Previously, Yueshang Group announced that it will conduct in-depth research and expand the use of ChatGPT-related technologies, launch DEMO products similar to ChatGPT technology, combine Open AI intelligent content generation technology with YCloud, and apply it in WeChat, Alipay, Baidu and other mini programs to further improve user interaction experience. Boosted by the news, Yueshang Group rose nearly 40% premarket on Wednesday. At press time, Yueshang Group was up 4.88% at $0.43, and at Tuesday's close, Yueshang Group was up 33.68% at $0.41, with a market value of $79.97 million.