Market: PhD: Openai and Softbank discuss funding – Meta, Microsoft and Tesla published their results

Yesterday, the US Central Bank of Federal Bank Fed and several technical giant results were chewed from the United States. In Asia, trading was thin this morning, as several stock exchanges were closed due to the New Year’s saints.

This concerned, for example, Stock Exchange in China, Hong Kong, Taiwan and South Korea. In Japan, Topix and Nikkei 225 were rising by 0.1 %.

The Holding company Softbank Group was 1.1 % decline. The company was reported to discuss $ 25 billion investment OPENAI: IINknown as artificial intelligence application for Chatgpt, Financial Times reported.

Last week, the companies announced that they will lead a collaborative project called Stargate, which invests $ 100 billion in data centers. The amount is planned to rise to $ 500 billion over four years.

If the information is true, Softbank would become the largest donor of Openai. Openai’s largest shareholder is Microsoftfirst invested in it in 2019.

Powell: With interest rates, you won’t be in a hurry

As expected, the Fed kept its control interest rate unchanged at a range of 4.25-4.50 %. The Central Bank started the interest rates at the end of last year, but already hinted in December that there would be a change in the direction.

“It is appropriate not to rush with bills,” Fed CEO Jerome Powell Comment at the briefing.

For example, the dollar was strengthened against the euro yesterday, but this morning there were no major movements in the currency against other head curves. The euro got $ 1.0421.

Today is the European Central Bank, which should announce its interest decision at 3:15 pm Finnish time. The bank is expected to decline by 0.25 %.

Microsoft, Meta and Apple Yesterday reported their information from last year. Microsoft beat forecasts for revenue but Amazon’s AWS and Alphabetin In Azure Cloud Services, competing with Google Cloud, turnover development was disappointing.

Tesla’s profitability was weaker than expected. Meta’s instructions did not hit the forecasts. Apple publishes today’s review.