CNBC Daily Open: Elon Musk’s Money is not the issue for Openai

In January, US Consures Didn Bollywood as Inclined to Open Their Wallets, Causing Retail Sales for the month to fall more than expected, which weigh on Gross on Gros Domestic Domestic Product Given Consumer Spending.

By contrast, in the corporate world, purse strings seem looser. A deal between Intel, Broadcom and TSMC is reportedly in preliminary stages of talks, and might see the storied us chipmaker break up its business into two.

Money was also flowing from elon musk. The “Special Government Employee” Put Forth A 97-Billion-Doller Bid for OPENAI on Feb. 10. However. Openai Chairman Bret Taylor said in a statement that company “is not for sale,” Prooving that there some things even money cannot buy.

Positive week for indexes
Major Us Benchmarks was mixed FridayThe S & p 500 was little changed and the Dow Jones Industrial AveragE Fell 0.37%. However, the Nasdaq composite rose 0.41%, helped by double-direction jumps in shares of Roku and AirbnbAll indexes ended the week higher. The Pan-European Stoxx 600 Index retreated 0.24%, Snapping Four Consecurable Days of Gains. Nonetheless, The Index Closed Friday with Its Eighth Consective Positive WeekWho has brought it about 9% Higher for the year.

Openai turns down musk
Openai has rejected elon musk’s proposal To buy the artificial intelligence startup’s nonprofit parent for $ 97.4 billion. Openai’s attorney, william Savitt, Wrote on Friday to Musk’s Lawyer Marc Taberoff that the Board Concluded The Billionaire’s “MUCH-Publicized ‘Bid’ is in factor is in factor The “proposal, even as first presented, is not in the best interest of oai’s mission and is rejected,” Savitt’s Letter Stated.

TSMC and Broadcom are interested in Intel
Taiwan Semiconductor Manufacturing Company and Broadcom are reviewing Bids for Intel that would split the chipmaker into twoThe Wall Street Journal Reported on Saturday, Citing sources Familiar with the matter. Broadcom is interested in Intel’s Chip Design and Marketing Business, while TSMC is looking at the us firm’s chip plants, according to the journey. Neither company is working with each other and the talks are still in early stages.

Us retail slump in January
Us retail sales in January dropped 0.9% For the month, missing the down downs estimate for a 0.2% decline and coming in much lower than December’s upwardly revised 0.7% gain. All figures are seasonally adjusted but do not factor in inflation. With Consumer Spending Making Up About Two-Thirds of All Economic Activity in the Us, The Sales Numbers Indicate a Potential Weeking in Growth for the first quality.

(Pro) Tech Stocks at ‘Scene of the Crime’
Tech Stocks BE in Trouble as They Approach Levels Not Seen in Nearly two months, according to BTIG CHEF MARKET Technician Jonathan Krinsky. The Invesco Qqq TrustWhich tracks the nasdaq-100, is back at “Scene of the crime,” krinsky said, and explains why a Return to that Point Cold Herald a Pullback in Stocks,

How China’s Deepsek Cold Boost The Alredy Booming Data Center Market

For Years Now, Analysts Have Forecast Exponical Growth in Data Centers – The Critical Infrastructure Required for Powering The World’s Digital Transition and the Training of Large Language Models. Data Centers often Take at Least Two Years to Build and Orders Have Largely AlReury Been Factured in for 2025-Meaning that the launch of Deepsek’s cost-Efficient and Disruptive R1 Model is an anry to HVE MMedia impact.

That said, deepsek is unlikely to “substantily Reduces Demand for Power for Infererance,” Andre Kukhnin, Equity Research Analyst at UBS, Told CNBC, Referring to the Process of Running Data Ana to make a prediction or solve a task. Ryan Cox, Head of AI, At Consultation Firm Synechron, also expects that Deepsek’s More Efficient Technology will ultimately lead to more data center demand.