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Today's Market Recap: 1. The 30-year US treasury yield reached its highest level since 2007. 2. Tesla is reportedly preparing to publicly launch its 'fully autonomous' Cybercab as soon as this month. 3. Nvidia agreed to provide a $105 billion backstop for OpenAI's new data center in Ohio. 4. 73% of active fund managers failed to beat the S&P 500 over the last 12 months, per WSJ. 5. Google spent $10 million to purchase 'business data' from now-bankrupt Spirit Airlines to improve its AI models. 6. Meta’s $1.7 trillion lawsuit over Facebook and Instagram being “addictive for children" is set to begin tomorrow. 7. The White House announced Chinese President Xi Jinping will visit the United States from September 23 to September 25.
Source:https://x.com/CoinbaseMarkets/status/2089467692587635155
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