Very critical of the boss of the Fed Jerome Powell, Donald Trump repeated on Sunday that he “should lower interest rates” and that it was “ideal moment”. On the foreign exchange market, the dollar lost 0.16% against the single currency, at 1.1333 dollars for a euro, around 12:30 p.m. GMT.
Palantant falls because of Musk
The artificial intelligence company XAI of Elon Musk has teamed up with Palant Technologies and the investment company TWG Global, the two companies announced on Tuesday, while they are looking to operate the growing demand for AI in the financial services sector.
Elon Musk announces that his IA XAI start-up bought X
The data analysis company and TWG, managed by Mark Walter, founder of Guggenheim Partners, and Thomas Tull, financial sector financial, had announced in March a joint venture aimed at deploying AI in the financial and insurance sectors.
The collaboration will allow you to integrate XAI models, which include its Grok family of large languages models and its colossus supercomputer, in commercial operations. Companies provide “Many other partners” After the integration of XAI.
-This news did not seem to delight investors from Palantir Technologieswhich collapses more than 13% at the opening of Wall Street. As a reminder, Palantir had notably been cited in the Facebook case and Cambridge Analytica.
Technical oil rebound
The oil prices date back Tuesday, recovering part of their losses after the announcement of the increase in production of part of OPEC+members. “This rebound has no fundamental foundation, it is purely technical” After the drop in lessons, said Kathleen Brooks.
Is it a good time to fill your oil tank?
“Some buyers have seen in the withdrawal (prices) an opportunity to entry”, explains Matt Britzman, analyst at Hargreaves Lansdown. “However, the market remains nervous, between an abundant offer and the concerns linked to a slowdown in world trade which could weigh on demand.”
Around 12:30 p.m. GMT, the price of the Brent of the Brent from the North Sea took 2.52% at 61.75 dollars and its American equivalent, WTI, gained 2.67% at 58.66 dollars.
