Will have an exclusive conversation with spotify se integrate Ai Technology into its product. Lets get straight to our top stories. Stability ai is confronting executive departures, struggling to raise funds and an accusation it has not paid its bill in time. After breakout success the start of faces mounting risks to its edge in the booming field of generative ai. The reporters who broke that story, they join me now. What were the main takeaways that we learned in the course of our reporting . Rachel we spent several months looking into the story and speaking to people including the person behind and accompany that came out of nowhere. Has the ceo that tends to make loose guided comments about things that have not happened yet and the Company Seems disorganized thought disorganized i would say. Ed what put stability on the map, the Stable Diffusion model, what is that a basic terms . Rachel its an image generation ai model. You type in a few words and it will give you back an image or
Hour. Stocks are set for a positive start after earnings reports, treasuries are falling. Chinese deflation danger growing. Softbanks vision fund set to return to profit. We are getting a slew of trade data from around the region. We see the goods trade surplus widening. We are seeing the current account surplus widening. This as we continue to watch the won as a key currency pair, sentiment has been souring. Not just south korea, always a bellwether when it comes to those first 20 days. We are expecting further weakness. The goods trade surplus is widening to 3. 985 billion, the current account number coming at 5. 8 billion. Shery take a look at how u. S. Futures are trading, we are seeing a muted picture. The s p 500 is being led higher by financials. There is a lot for markets to take in this week. We were talking about cpi numbers totaling more than 100 billion but the market has to digest. Were talking about more stability and investors are focused. Took a bit of time for digester
Ahead of cpi data, asian markets are under rush or, tech is slumping or percent. Saw the pullback losing about 6 , investors are looking ahead to cpi data, not 24 but need more evidence of cpi getting to 2 . The nikkei is down, its about the yen story on dismantling the rally we have seen so far. Jgb yields are trending up after a report. Losses in the philippines and new zealand. China in focus concluding this week. Take a look at where we are. The agent index is extending losses. Big week ahead, inflation on tuesday while retail sales rebounded. The pboc could lower 10 basis points and the india cpi may continue to ease into february. Helge lund cpi as part last to stay unchanged front court inflation is expected to ease. The founder and ceo. Its also about the trajectory that the fed made abide. The fed has communicated that they think current policy rates are quite restrictive. If you look at the stock market and growth, things are doing quite well but they are looking at textbook
Focus is talk of a zuckerberg cage fight heats up. Plugging a 48 billion dollar blackhole, Artificial Intelligence could fuel a rebound at softbank is the japanese conglomerates vision fund seeks to snap five quarters of losses. We go live to lisbon as a key leader response to portugals probe into a European Telecom giant. First, lets get a quick check on the markets, the nasdaq 100 is basically flat, up 0. 4 . The tesla news sees the tesla declines accelerating and dragging down. The yield on u. S. 10 year treasury is below 4. 2 . That has been the story, the selloff in bonds and the push higher in yields and its impact to the equity market. Apple is down for a fifth consecutive day. We had earnings last thursday and now we are worried about the labor market and later we will bring you details of this. Valentines down and thats a stock thats getting more than 130 since its last earnings were word. The streak expects one cent of earningspershare. The name we are watching so closely, th
Come roaring back end is holding, 12. 26 and routed dropping down, but still well over 80 a barrel. The markets seem to be holding the same strength that they were when i left over a week ago. In terms of individual movers, a lot to the downside. Tyson foods closing down some chicken factories, which is a concerning statement. But that is what they are called, up five and half percent because demand and prices are down for chickens. And 99yearold trucking business files for bankruptcy, shares down 17 area Icahn Enterprises continues the drops we saw last week after they cut the dividend, i guess it was unsustainable. Tesla down about 3 as the cfo steps down, cathie wood said she thought he was great and wishes him the best in the future, but thinks his successor is going to be doing just fine as he has been there for the last five years, since 2018. Talking about tesla, i want to get over to the west coast. Ed ludlow joins us, he covers the company closely. You heard what kathy told us