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Market and Tech News Update
The market saw a rise in the S&P 500 by nearly 4%, a steady gain in the dollar, an 8% decline in Bitcoin, and a drop in the yield on 10-year treasuries due to cooling inflation. YouTube is in talks with record labels to license content for an AI song generator. To encourage artist participation, YouTube offered cash sums to major labels after only 10 artists agreed to test the previous Gen AI tool.