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On August 11th, it was reported that DeepSeek Harness has established an official WeChat account, "DeepSeek Harness Team," with the account registered under the name of Beijing DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd. Public information shows that the latter is wholly owned by Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd. In late June, Cui Tianyi, head of the DeepSeek Harness team, posted on social media that as a newly established department, the DeepSeek Harness team has ambitious goals and a heavy workload, and is currently facing a severe shortage of personnel. He stated, "Im interviewing people every day and posting recruitment ads on various platforms."On August 11, Moldovan Deputy Prime Minister and Minister of Infrastructure and Regional Development Vladimir Boleya visited Ukraines Odessa region on August 10 to discuss optimizing railway connectivity and increasing the scale of transit transport with Ukrainian officials. According to British media reports, facing disruptions to Black Sea shipping, Ukraine is considering using the Moldova railway to export grain. On August 10, reports indicated that Ukraine hopes to transport grain to the Romanian port of Constanta via railways within Moldova. The two sides are currently negotiating the timing, volume, and freight costs of the grain shipments. Reports suggest that Ukraine is attempting to negotiate a 50% discount on standard freight rates; Moldova, on the other hand, is demanding guarantees from Ukraine regarding the volume of grain transit transport.Iranian Foreign Minister Araqchi: In the recent war, Iran has proven itself to the world, demonstrating its image as a powerful and invincible force.Iranian Foreign Minister Araqchi: Our armed forces sacrificed their lives to defeat the worlds largest so-called army. This is not a slogan, but a fact recognized worldwide.Iranian Foreign Minister Araqchi: No one expected that Iran could force its enemies to make demands for negotiations.

The Dow Futures drop following a strong week

Charlie Brooks

Jul 11, 2022 10:59

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After major benchmark indexes completed the week higher, U.S. stock futures dropped during Sunday evening trade as investors anticipated company earnings reports and important inflation data.


By 7:00pm ET (11:00pm GMT), the Dow Jones Futures were down 0.2 percent , the S&P 500 Futures were down 0.3 percent , and the Nasdaq 100 Futures were down 0.4 percent .


Ahead this week, market participants will concentrate on new CPI data, with the inflation rate predicted to hit 8.8 percent, the highest level since December 1981. Investors will examine, among other data releases, retail sales, manufacturing production, Michigan consumer mood, NFIB Small Business Optimism, consumer inflation expectations, producer pricing, export and import prices, and the New York Empire State Manufacturing Index.


PepsiCo Inc (NASDAQ:PEP) and Delta Air Lines Inc (NYSE:DAL) are scheduled to report earnings on Tuesday and Wednesday, respectively, while JPMorgan Chase & Co (NYSE:JPM), Morgan Stanley (NYSE:MS), Wells Fargo & Company (NYSE:WFC), and Citigroup Inc (NYSE:C) are scheduled to report earnings later in the week.


During trading on Friday, the Dow Jones Industrial Average sank 46.4 points, or 0.2 percent, to 31,338.2, the S&P 500 finished 0.3 points, or 0.1 percent, down at 3,894.4, and the NASDAQ Composite climbed for the sixth consecutive day, adding 14 points, or 0.1 percent, to 11,635.3. The Dow rose 1.4 percent for the week, while the S&P 500 climbed 2.7 percent and the NASDAQ gained 6.1 percent .


On the bond markets, 10-Year United States rates jumped to 3.08 percent.


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