Futures muted, GameStop surges, OpenAI announcement - what's moving markets

Investing.com -- U.S. futures were broadly unchanged on Tuesday, with markets taking a cautious stance ahead of all-important inflation data later this week. GameStop shares surge after a series of cryptic social media posts from meme stock figurehead "Roaring Kitty" after a roughly three-year hiatus. Elsewhere, OpenAI unveils advances to its artificial intelligence model, while Google . But the reading was lower than Bloomberg estimates of T$29.1 billion.

While the growing artificial intelligence industry helped offset some of these dips in recent quarters, broader demand for consumer electronics, which constitutes a bulk of Foxconn’s earnings, remained weak. The city is the closest settlement to Canada’s biggest oil-sands operations, and had in 2016 suffered severe damage from wildfires, knocking around 1 million barrels per day out of commission at the time.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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