February 14th Overnight News Summary

1. Trump: Will visit Venezuela but timing is pending, has deployed an additional aircraft carrier to the Middle East. 2. On February 13th local time, according to court documents, the U.S. federal government has filed a new lawsuit against Harvard University, seeking to obtain documents related to its admission process. 3. SpaceX is considering using dual-class stock in its IPO to consolidate Musk's control. 4. OpenAI has partnered with two defense technology companies selected by the U.S. Department of Defense to participate in bidding for the development of voice-controlled swarm command software for drones for the U.S. military. 5. Goldman Sachs has launched a new custom stock basket aimed at addressing the increasing volatility of software stocks, betting on companies believed to be more resistant to AI disruption than others. 6. Wall Street is in the midst of panic brought on by AI disruption, leading to a sharp decline in the U.S. stock market this week. This AI panic-induced sell-off has affected sectors such as private credit, real estate brokerage, data analysis, legal services, and insurance. 7. U.S. inflation in January was relatively mild, easing concerns of a sharp increase in inflation and boosting market expectations of a rate cut by the Federal Reserve. 8. Gold prices rose as traders increased their bets on a Fed rate cut following data showing mild inflation, with some investors buying gold on dips after a large sell-off on Thursday. 9. After his ties to Epstein were exposed, the head of Dubai's Global Port Group, Bin Sulayem, resigned.