Global News | U.S. stocks decline across the board, Microsoft plans to launch an AI software suite with a $99 monthly subscription fee

【US Stock Indexes】

On Friday, February 27 (Eastern Time), the three major U.S. stock indexes all closed lower. The S&P 500 fell 0.43% to 6,878.88; the Dow Jones Industrial Average declined 1.05% to 48,977.92; and the Nasdaq Composite dropped 0.92% to 22,668.21.

【US Treasuries】

On February 27, the benchmark 10-year U.S. Treasury yield was 3.97%, and the 2-year U.S. Treasury yield—most sensitive to Federal Reserve policy rates—was 3.38%.

【Popular US Stocks】

Among popular U.S. stocks, Nvidia fell 4.17%, Apple declined 3.21%, Google A rose 1.43%, Google C increased 1.39%, Microsoft dropped 2.24%, Amazon gained 1.00%, TSMC decreased 0.56%, Meta fell 1.34%, Tesla declined 1.49%, AMD dropped 1.70%, and Intel rose 0.33%.

【Global Indexes】

【China Indexes】

On February 27, overnight Hang Seng Tech Index futures rose 0.35%, the Nasdaq China Golden Dragon Index fell 1.81%, and the FTSE China A50 Index declined 0.53%.

【Chinese Concept Stocks】

In popular Chinese concept stocks, Tencent Holdings (HK) rose 1.17%, Alibaba fell 2.69%, Pinduoduo declined 1.58%, NetEase dropped 0.41%, Baidu decreased 0.57%, Trip.com increased 0.67%, Li Auto fell 1.73%, XPeng Motors declined 1.13%, and NIO dropped 4.32%.

【FX and Commodities】

【Global Headlines】

Microsoft Considers Launching AI Software Bundle, Charging $99 Monthly Fee

Microsoft is considering launching an AI software bundle for Microsoft 365, potentially announcing major changes to the software suite and charging users up to $99 per month. (Business Insider)

OpenAI Expects to Raise About $10 Billion from Investors Before March

OpenAI expects to raise approximately $10 billion more from investors before March.

OpenAI Founder Altman: Hopes to Establish Long-term, Deep Partnership with Amazon

OpenAI founder Altman expressed hope to build a long-term, in-depth partnership with Amazon.

OpenAI CEO Altman: Amazon Can Deliver New Requirements, Huge Incremental Revenue

OpenAI CEO Altman stated that Amazon can deliver new requirements, resulting in significant additional revenue.

OpenAI: Open to IPO at the Right Time

OpenAI indicated it is open to conducting an IPO when the timing is appropriate.

OpenAI CEO: Will Continue Collaborating with Microsoft

The CEO of OpenAI said they will continue working with Microsoft on cooperation.

OpenAI: Amazon’s Self-developed AI Chip Trainium 4 Expected to Start Delivery in 2027

OpenAI announced that Amazon’s self-developed AI chip, Trainium 4, is expected to begin delivery in 2027.

OpenAI Announces $110 Billion Investment at a $730 Billion Valuation

OpenAI revealed it has secured a new investment of $110 billion at a valuation of $730 billion.

OpenAI and Amazon Announce Partnership

OpenAI and Amazon announced they have reached a cooperation agreement. OpenAI stated it will receive a new investment of $110 billion at a valuation of $730 billion, with Amazon investing $50 billion in OpenAI. Additionally, OpenAI plans to expand AWS cooperation to $100 billion over the next eight years.

Elon Musk: Tesla Will Build a Factory on the Moon Within 20 Years—Advises Investors to Hold Long-term

Following the proposal that xAI will build an AI satellite factory on the Moon, Musk also said that within 20 years, Tesla will establish a factory on the Moon. Musk further recommended that investors hold Tesla stock long-term, as the company “will be very valuable in the future.” It should be noted that Musk made this statement while discussing the company’s long-term vision, without detailing specific implementation plans; it is more of a strategic outlook.