Tesla Inc. CEO Elon Musk was in the Oval Office of the White House in Washington, DC, on Tuesday, February 11, 2025.
Aaron Schwartz | Bloomberg | Getty Images
In January, U.S. consumers were reluctant to open their wallets, causing retail sales this month to exceed expectations, which could make GDP severe because the U.S. economy is very dependent on consumer spending.
In the corporate world, wallet strings seem to be looser. Transactions between Intel,,,,, Broadcom and TSMC It is reportedly in the early stages of negotiations that the legendary U.S. chipmaker may be seen splitting its business into two parts.
Money also flows through Elon Musk. The “Special Government Employee” filed a $97 billion Openai bid on February 10. But on Friday, AI startups rejected it. Openai chairman Bret Taylor said in a statement that the company is “not for sale” and proves that there are even something that cannot be purchased.
What you need to know today
The positive week of index
The main benchmark in the United States is mixed on Friday. this S&P 500 Almost no change, Dow Jones Industrial StatisticsE fell by 0.37%. but, Nasdaq Composite Materials Up 0.41%, stock jumping higher Year and Airbnb. All indexes ended for a week. Pan-European Stoxx 600 The index retreated to 0.24%, and gained profits for four consecutive days. Nevertheless, the index closed on Friday The eighth consecutive weekwhich makes it about 9% higher in a year.
Openai rejects musk
Openai rejects Elon Musk’s proposal Nonprofit parents who bought AI startups for $97.4 billion. Openai’s lawyer William Savitt wrote to Musk’s lawyer Marc Toberoff on Friday, the board ended the billionaire’s “massive ‘bidding’ is not actually a bid at all ”. “Even the first proposal was not in the best interest of the OAI mission and was rejected,” Savette’s letter said.
TSMC and Broadcom are interested in Intel
Taiwan Semiconductor Manufacturing Corporation and Broadcom are under review Intel bidding that divides chip manufacturers into twothis Wall Street Journal The source familiar with the matter was reported on Saturday. According to the Wall Street Journal, Broadcom is interested in Intel’s chip design and marketing business, while TSMC is working on chip factories for U.S. companies. Neither company cooperates with each other and negotiations are still in its early stages.
The U.S. retail downturn in January
U.S. retail sales fell 0.9% in January Lost Dow Jones estimates fell 0.2% over the month, well below the 0.7% increase in December. All figures have been adjusted seasonally, but inflation is not considered. As consumer spending accounts for about two-thirds of all economic activity in the U.S., sales figures indicate a potential weakening of growth in the first quarter.
(Pro) Technology Stocks at “Crime Scene”
Jonathan Krinsky, chief market technician at BTIG, said technology stocks could be in trouble as they approach nearly two-month levels. this Invesco QQQ TrustKlinsky said tracking the Nasdaq-100, returning to the “crime scene” and explaining why Returning to this point can indicate a stock callback.
at last…
Bath, England – January 27: In this photo illustration, the smartphone screen displays the application logo of Chinese AI company DeepSeek in front of the NVIDIA website in Bath, England on January 27, 2025. The appearance of DeepSeek’s free assistant chatbot among investors has sparked huge doubts about the value of U.S. Silicon Valley rival stocks, such as NVIDIA, META Platforms, Microsoft and Alphabet, which many say have been overrated recently. The loss is the biggest drop in the history of the U.S. stock market, blamed on the use of lower-cost chips in Chinese AI chatbots and the free app uses less data and the cost of its competitor language assistants. (Photo by Anna Barclay/Getty Images)
Anna Barclays | Getty Images News | Getty Images
How China’s DeepSeek improves the already thriving data center market
Over the years, analysts have predicted exponential growth in data centers, the critical infrastructure needed to power the world’s digital transition and training on large language models. Data centers usually take at least two years to build, and orders have been mostly taken into account for 2025 – meaning that the launch of DeepSeek’s cost-effective and disruptive R1 model is unlikely to have any impact immediately.
That is, it is unlikely that DeepSeek will “significantly reduce the power demand for reasoning.” Ryan Cox, head of AI at AI consulting firm Synechron, also expects DeepSeek’s more efficient technology to eventually lead to more data center demand.
