news

u.s. stocks opened basically flat, gold stocks strengthened

2024-09-12

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according to phoenix finance, on september 12, u.s. stocks opened basically flat, with the dow jones industrial average up 0.01%, the nasdaq down 0.11%, and the s&p 500 up 0.05%.

spot gold hit a record high of $2,542 an ounce. gold stocks strengthened, with colderen mining rising more than 4% and hecla mining rising more than 2%.

micron technology fell more than 4% and was downgraded by exane to "underperform" with a target price of $67. moderna fell more than 14% and its sales forecast for 2025 disappointed the market.

company news

[google and openai executives are reportedly attending a meeting at the white house today to discuss artificial intelligence]

openai ceo sam altman, google executive ruth porat and anthropic ceo dario amodei are expected to attend a meeting of technology company executives at the white house on september 12, according to people familiar with the matter. senior white house officials will meet with technology company leaders to discuss artificial intelligence. a white house official said energy secretary jennifer granholm, commerce secretary raimondo, other senior officials and representatives from microsoft will attend.

[spacex: the "polaris dawn" commercial spacewalk mission ends]

on thursday local time, spacex said the "polaris dawn" commercial spacewalk mission had ended.

at around 6:00 a.m. eastern time on september 12 (around 6:00 p.m. beijing time), two crew members of the "polaris dawn" space mission began taking turns to go outside the vehicle's cabin. this was the world's first commercial spacewalk by non-professional astronauts.

[volkswagen and the german metalworkers union will start salary negotiations ahead of schedule on september 25]

volkswagen said on september 12 that the company and the german metalworkers' union ig metall will start salary negotiations on september 25. volkswagen said that due to the severe situation currently faced by the company and the resulting uncertainty, the negotiating parties jointly decided to advance the start time of collective negotiations from the end of october to september 25.

jpmorgan chase and bank of america reportedly limit working hours for young bankers

on september 12, bank of america and jpmorgan chase reportedly plan to limit the working hours of young bankers and strengthen monitoring. people familiar with the matter said that jpmorgan chase will limit the working hours of junior bankers to 80 hours per week in most cases. at the same time, bank of america is launching a new tool to more closely track the working hours of junior bankers.

[microsoft will lay off 650 people in the xbox gaming department]

as it tries to control costs and integrate its previously acquired activision blizzard, microsoft said it will lay off 650 employees in its xbox division, the third time the company has laid off employees in its gaming division this year. according to a memo sent to employees by xbox head phil spencer on september 12, the positions being eliminated are "primarily corporate and support functions" and "no game, device or experience positions have been eliminated or studios closed in today's adjustments."

[european privacy regulator investigates google's use of data for ai models]

europe's privacy regulator is investigating an artificial intelligence model developed by google over its processing of artificial data, with the tech giant's palm 2 becoming the latest target of scrutiny by the irish data protection commission.