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Agents are "reshaping" the service industry! Muse reignites "panic," and financial stocks are caught in the crossfire.

Agents are "reshaping" the service industry! Muse reignites "panic," and financial stocks are caught in the crossfire.

Meta's consumer-grade AI agent Muse topped the Apple App Store in downloads, sparking renewed concerns on Wall Street about AI disrupting the financial services industry, and causing bank and brokerage stocks to suffer their biggest single-day drop in months. On September 22, the US financial sector suffered a

AI trading makes a comeback, Nasdaq hits new high, storage sector leads gains.

AI trading makes a comeback, Nasdaq hits new high, storage sector leads gains.

AI trading made a strong comeback, coupled with continued upward revisions to earnings expectations, and the Nasdaq 100 index closed at a record high on Tuesday. The memory chip sector led the gains, with NAND flash memory accelerating its transformation from a commodity to a core component of AI infrastructure.

The US and Iran held their first talks since June, with Trump threatening to "swiftly destroy Iran" while also stating that the talks were "productive" and that he "did not rule out a deal after the midterm elections."

The US and Iran held their first talks since June, with Trump threatening to "swiftly destroy Iran" while also stating that the talks were "productive" and that he "did not rule out a deal after the midterm elections."

Iranian Foreign Minister meets with US Special Envoy in New York On September 22 local time, Iranian Foreign Minister Araqchi and US Presidential Special Envoy Witkov met in New York on the sidelines of the 81st session of the United Nations General Assembly. According to Iranian sources, this move was

Saudi Arabia's crude oil exports rose to a four-month high in July, while Russia's seaborne crude oil export revenue hit a three-month high in September.

Saudi Arabia's crude oil exports rose to a four-month high in July, while Russia's seaborne crude oil export revenue hit a three-month high in September.

Data released Tuesday by the Joint Organization Data Initiative (JODI) showed that Saudi Arabia's crude oil exports in July increased by about 3.3% from June to 4.125 million barrels per day, the highest level since March. Saudi crude oil production, meanwhile, rose to 8.135 million

On the same day, OpenAI and Anthropic launched "affordable models," igniting a "price war."

On the same day, OpenAI and Anthropic launched "affordable models," igniting a "price war."

The simultaneous launch of lower-priced versions of the flagship AI models by two top U.S. AI labs on the same day signifies that competition in the AI industry has shifted from a simple arms race of capabilities to a two-pronged battle of price and performance. On Tuesday, Anthropic released

OpenAI's new initiative: Allowing third-party organizations to conduct security assessments during model training and development.

OpenAI's new initiative: Allowing third-party organizations to conduct security assessments during model training and development.

OpenAI plans to introduce third-party security assessments into the earlier stages of AI model development, a move that is the latest response from the AI industry in the face of increasing pressure from security regulations. OpenAI announced on Tuesday that it will allow external organizations to conduct technical security assessments

Federal Reserve's Perli: The Fed will adjust its bond purchases according to market conditions, pay attention to signals of funding pressures, and maintain ample reserves.

Federal Reserve's Perli: The Fed will adjust its bond purchases according to market conditions, pay attention to signals of funding pressures, and maintain ample reserves.

Roberto Perli, an official at the Federal Reserve Bank of New York, said the Fed will continue to assess the level of reserves in the banking system because the Fed’s purchases of short-term Treasury bills are not proceeding as planned. Earlier this year, the Federal Open Market Committee (FOMC)