1. Ukraine said it had reached a resource development agreement with the United States, and Trump withdrew its “US$500 billion” appeal;2. Trump proposed to launch a gold visa and prepare to sell millions of “gold cards”;3. Market rumors: The Democratic Republic of the Congo is considering introducing cobalt export quotas;4. Affected by large-scale power outages, Chile declared a “disaster emergency.”
Cailian News, February 26 (Editor Shi Zhengcheng)Last night and this morning, affected by the largest monthly decline in the U.S. consumer confidence index since August 2021, the U.S. stock market continued its decline led by technology giants. China’s stocks collectively strengthened driven by Alibaba’s waving of the AI flag. The status is obviously better than the broader market.
After the Nasdaq index and the S & P 500 index fell for four consecutive trading days, the market is about to usher inNvidia earnings report after hours on Wednesday, this will also be a key node in determining the future direction of U.S. stocks.
The sell-off of risky assets also affected commodities. Even though the US dollar index weakened against the background of a sharp drop in US bond yields (funds poured into US bonds to hedge), crude oil, industrial metals, and cryptocurrencies generally fell, and gold also appeared. Investors “fall into pockets for safety” at high levels.
Particularly worth mentioning is copper,Affected by Trump’s signing of an executive order to investigate copper import trade, which may lead to the imposition of additional tariffs, New York copper rose sharply and London copper plunged rapidly。Unfortunately, Chile, the world’s largest copper producer and the main source of U.S. copper imports, experienced a nationwide power outage on Tuesday, affecting large copper mines.
other messages
[Ukraine says it has reached a resource development agreement with the United States, and the United States has abandoned its “US$500 billion” claim]
Ukraine’s Deputy Prime Minister and Minister of Justice Orha Stevanishina told media on Tuesday that Ukraine has reached a framework agreement with the United States on cooperation in the development of minerals, oil, natural gas and other resources. The United States and Ukraine will set up a special fund, and the Ukraine government will inject 50% of the proceeds from the “future monetization” of state-owned mineral resources into the fund to invest in domestic development projects.
In response to this report and rumors that “Zelensky will visit the United States on Friday,” U.S. President Trump responded on Tuesday that he had basically reached an agreement with Ukraine on mineral issues, and he would have no objections if Zelensky came on Friday.
[Trump proposes to launch gold visas and plans to sell millions of “gold cards”]
President Trump said on Tuesday he would allow wealthy people to pay $5 million for a “gold card,” or permanent residency in the United States, which would replace the current EB-5 program. Trump said that a large company like Apple can obtain residency for highly skilled people in the United States by paying the U.S. government $5 million. The U.S. president expects to be able to sell more than 1 million “gold cards”.
[Democratic Republic of Congo considers introducing cobalt export quotas]
According to media reports quoted by several well-known sources, the Democratic Republic of the Congo is considering introducing cobalt export quotas to boost the price of this battery metal. The country just banned all cobalt exports on Monday for four months to control oversupply and will review export restrictions over the next three months.
[Affected by massive power outages, Chile declares a “disaster emergency”]
Due to widespread power outages, the Chilean government declared a “disaster emergency” and a “curfew.” On the 25th, a 500-kilovolt transmission system in northern Chile failed, causing the interruption of power supply from Arica in the north of the country to Los Lagos in the south. The massive power outage affected more than 98% of Chile’s population and affected more than 19 million people. Some flights may also be affected by power outages.
[Tesla’s European sales in January almost halved]
The latest data shows that Tesla’s sales in the European market fell sharply in January this year, down 45% compared with the same period last year. At the same time, overall sales of electric vehicles in the European market have increased, and automakers from China have put further pressure on Tesla.
Affected by market sentiment and negative sales, Tesla fell 8.39% on Tuesday, down nearly 40% from its mid-December peak last year.
[OpenAI opens “analyst” agents to all paying users]
U.S. startup OpenAI announced on Tuesday that it will start opening the Deep research agent known as “AI Analysts” to all paying users. This feature was originally released in early February and aims to allow ChatGPT to “go online to query the web” on its own, collect information, and analyze and organize data based on reasoning to ultimately generate a complete research report.
[Thousands of musicians in the UK release “silent albums” to protest against government changes to AI-related laws]
Thousands of musicians in the UK jointly released a song titled “Is This What We Want?” “Silent Album” to protest the British government’s attempt to change copyright laws.
The British government is soliciting public opinion on amending the copyright law. Under the new copyright exemption, it is planned to allow artificial intelligence companies to use creative works to train algorithms. Developers will be able to use the works of artists on the Internet without permission or paying a fee. To train artificial intelligence models unless the creator explicitly opts out.
[Lilly reduces the price of small bottles of diet pills]
U.S. pharmaceutical giant Lilly announced on Tuesday that it will reduce the price of the best-selling weight loss drug Zepbound in “small bottles” to benefit more patients without medical insurance. Specifically, Lilly will reduce the price of 2.5-mg and 5-mg doses of Zepbound in small bottles to $349 and $499 per month, respectively, which is about $50 lower than the current price.
Affected by the news, Lilly closed up 2.31% on Tuesday, while shares of Hims Hers Health, which relied on generic versions of diet drugs, plunged 22.32%.
[Alibaba Wanxiang model that surpasses Sora can run open source home graphics cards]
Late on Tuesday night in Beijing time, Alibaba officially opened source its video generation model Wanxiang 2.1 model. This time, there are two versions of the model: the 14B version is suitable for quick deployment by professional creators, while the 1.3B version uses a single card on a home graphics card (Note: The official example is the NVIDIA 4090). 480P high-quality video can be generated. The performance is even comparable to that of large closed-source models with some 5B parameters.