Viction (VIC) sees 40.1% volatility in 24 hours, rebounds over 40% from the low: Over 4000% surge in trading volume drives action

Timiraos believes that the Federal Reserve is caught in a dilemma of "needing two different interest rates." Waller openly questioned the "AI immunity theory," stating that interest rates would "find their way into every crevice," breaking the market consensus that the AI boom is unaffected by monetary policy. However, he also said strong growth does not necessarily lead to higher inflation or require rate hikes. These two contradictory signals have left Wall Street confused, and Bank of America strategists bluntly criticized the response as "neither clear nor convincing."

Google and Microsoft released their quarterly reports on the same day, signaling a shift in the competitive landscape of cloud computing. Google Cloud's revenue surpassed $30 billion, approaching Microsoft Azure's $33 billion. However, with slower growth in search advertising, insufficient monetization of AI models, and free cash flow turning negative, Google’s stock price plunged 10% after hours. In contrast, Microsoft’s overall revenue grew 19% year-on-year to $92.3 billion, exceeding expectations and pushing its stock price up about 3%. In this round of "earnings season tests," Microsoft has temporarily taken the lead with a more stable AI commercialization strategy.

The US Department of Justice is inquiring into Nvidia's (NVDA.US) $12.9 billion acquisition of Hugging Face, including issues related to the acquisition, sales, and exerting pressure on customers, with the investigation spanning two administrations.