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According to The Information: A related memo indicates that Meta Platforms' (META.O) newly launched Avocado model is the company's most powerful pre-trained large language model to date.
Venezuelan law enforcement officials say Maduro's close confidant Alex Sabu has been arrested in the United States and is expected to be extradited to the US in the coming days.
U.S. officials have confirmed that Iran and the United States will hold talks in Oman on Friday.
Iranian Foreign Minister: Nuclear talks with the United States are scheduled to take place in Muscat at around 10 a.m. local time on Friday.
Both WTI and Brent crude oil prices fell by $1 in the short term.
The U.S. Department of Labor plans to release the weekly jobless claims report on Thursday as scheduled.
Federal Housing Finance Agency Director Pulte: Fannie Mae and Freddie Mac are ready to go public; now it's up to President Trump to decide.
Boeing (BA.N): Will provide landing gear replacement services for more than 75 aircraft in the 737 MAX and 787 fleet operated by Singapore Airlines Group.
On February 5th, U.S. Treasury Secretary Bessant stated on Wednesday that the Federal Reserve's independence is based on the American public's trust in the central bank. However, this trust has been eroded by the Fed's failure to effectively control inflation, which has spiraled out of control. Speaking before the House Financial Services Committee, he said that President Trump has the right to publicly express his views on the Fed's monetary policy decisions. Furthermore, he reiterated his consistent support for a strong dollar. During the hearing, regarding his previous statement to partners in January 2024 (before Trump wins the election) that "tariffs will cause inflation," he expressed a desire to correct his earlier remarks. "If I was wrong before, I'm willing to correct it," Bessant said, adding that despite the series of tariff policies implemented by Trump since taking office, the U.S. economy is still growing, and inflation is gradually declining.
February 5th - Iranian official sources stated on the 4th that the Iran-US talks originally scheduled for the 6th in Oman have been cancelled. The source indicated that the cancellation was due to new conditions imposed by the US and disagreements between the two sides on the negotiation issues, rather than a dispute over the location of the talks.
February 5th - According to sources, SpaceX has held meetings with banks outside the United States regarding its initial public offering (IPO). The rocket and satellite manufacturer founded by Elon Musk aims to go public this year. According to some sources, in mid-January, several foreign banks submitted letters of intent to SpaceX's California office. One group consisted of European banks, while another group comprised companies from other regions.
US President Trump: I think Walsh understood that I wanted to lower interest rates, and if he had said he wanted to raise rates, he wouldn't have gotten the job.
US President Trump: Iran’s Supreme Leader should be deeply concerned now.
US President Trump: Interest rates will be lowered, that's "almost a foregone conclusion".
Hang Seng Index futures closed down 1.17% at 26,534 points in overnight trading, a discount of 313 points.
The U.S. Nuclear Regulatory Commission said it is reorganizing in accordance with President Trump’s push for nuclear reactor licensing and will develop a new organizational chart and management plan within 60 days.
Ukrainian President Volodymyr Zelenskyy stated that negotiations must bring about genuine peace and not provide Russia with an opportunity to continue waging war.
Ukrainian President Volodymyr Zelenskyy stated that Ukraine's Western partners must be prepared to put pressure on Russia and provide safeguards for Kyiv.
Ukrainian President Volodymyr Zelenskyy stated after the start of the latest round of trilateral talks that Ukraine looks forward to a prisoner exchange.
February 5th - A survey shows that OPEC crude oil production declined last month due to disruptions to Venezuelan oil exports caused by the unrest and the implementation of a three-month production freeze by other member countries. The survey indicates that OPEC's average daily oil production in January was 28.83 million barrels, a decrease of 230,000 barrels per day from the previous month. About one-third of this decline was attributed to Venezuela, whose oil tankers were blockaded by the United States during the arrest of its leader, Maduro. Meanwhile, oil production in several other OPEC member countries declined slightly as the organization and its allies began pausing production increases to offset the seasonal slowdown in demand in the first quarter. The survey shows that the UAE and Iraq both made slight production cuts.
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Apr 20, 2023 13:54