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According to the Financial Times, Nvidia-backed "open" AI startup Reflection AI has attracted investors with a valuation exceeding $20 billion. Reflection AI is seeking to raise at least $2 billion in a new funding round.
Berkshire Hathaway Class B shares continued their decline, currently down 5%.
Italian Ministry of Transport: Tesla's new car registrations in Italy fell 6.9% year-on-year in February.
US President Trump: The Iranian regime's ballistic missile program is developing rapidly and it already has the capability to strike Europe.
Market news: The French president will convene a defense council meeting at 8:15 p.m. Central European Time (3:15 a.m. the following day Beijing Time) to discuss Iran and the situation in the Middle East.
US President Trump: Will ensure Iran cannot acquire nuclear weapons.
The European Commission will focus on supporting member states in addressing the adverse consequences of developments in Iran and the Middle East.
US President Trump: The Iranian regime’s ballistic missile program is developing rapidly.
US President Trump: (Regarding Iran) The United States continues to conduct large-scale military operations.
Fitch Ratings: The impact of the Iranian conflict on economic growth is expected to be temporary.
Fitch Ratings: The long-term orientation and stability of the Iranian government remain unclear, which could have a negative or positive impact on the rating.
Federal Housing Finance Agency (FHFA) President Pulte: The FHFA, Fannie Mae, and Freddie Mac are ceasing the use of all Anthropic products, including its Claude platform.
March 3 - According to foreign media reports, the UAE and Qatar are privately urging their allies to persuade Trump to limit US military action against Iran and seek a swift diplomatic solution. They fear that a protracted conflict could escalate regional tensions and lead to a significant energy price shock.
Statistics Canada: It will stop publishing industrial capacity utilization data after March 13, with the last data period being the fourth quarter of 2025.
Fitch Ratings: Attacks by Iran and its proxies in the Middle East will continue and could escalate in the short term.
Fitch Ratings: Assuming the Strait of Hormuz will be effectively closed during the conflict with Iran.
Fitch Ratings: Most GCC sovereign states possess substantial assets that could provide a buffer in the event of short-term energy revenue disruptions.
Fitch Ratings: Middle Eastern sovereign ratings have sufficient safety margins to withstand short-term regional conflicts that are unlikely to escalate further.
Fitch Ratings: The conflict in Iran will impact non-oil economic activity in the short term.
Fitch Ratings: The scope and duration of the conflict in Iran will determine the impact on sovereign ratings.
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54