Gold Plummets by $50
In the landscape of the U.S. stock market, February 14, 2024, was a day marked by a subtle tug-of-war among traders as the three major indexes exhibited a mixed performance, reflec...
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Meta Stock Poised to Exceed $900
In a seemingly minor adjustment that slipped under the radar, Meta Platforms, the parent company of social media giants Facebook and Instagram, is poised to significantly boost its profitability this ...
DeepSeek: Revolutionizing Fund Management?
During the Year of the Snake Spring Festival, a domestic AI software called DeepSeek surged to prominence, capturing global attention almost overnight. Who would have predicted its influence would rap...
U.S. Inflation Surges Beyond Expectations
In a recent report, the China International Capital Corporation (CICC) offered insights into the U.S. inflation situation following the release of January's consumer price index (CPI) data. The report...
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Surging CPI in the U.S. Revives Inflation Concerns
The recent surge in inflation in the United States has compelled bond traders to adjust their expectations regarding the timing of future interest rate cuts by the Federal Reserve. Initially, there wa...
Gold's Attempt to Break Above $3000 Faces Resistance
The global gold market has been quite tumultuous recently, beginning with a significant achievement as gold prices hit a historic high of $2,950 on a Wednesday. However, by Friday during the European ...
Impact of the Bank's Dollar Interest Rate Cut
The recent trend in the banking sector has shown a significant decline in the interest rates for U.S. dollar deposits. This shift is not just a minor adjustment; some products have experienced decreas...
Deepseek Ignites Alibaba's Ambition
The recent resurgence of Alibaba Group has not only marked a pivotal moment for the company itself but has also captured the attention of investors globally, as the narrative surrounding Chinese techn...
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AI Glasses Market Heats Up: Xiaomi Joins the Fray
In recent developments, the tech giant Xiaomi has ignited a wave of interest with the emergence of its official Weibo account dedicated to smart glasses. This account, certified under Xiaomi Communica...
Massive AI Investments Weigh on Profits
The recent report released by Wells Fargo has raised eyebrows among investors as it maintains a "hold" rating for Alphabet Inc., the parent company of Google, while simultaneously adjusting its price ...
RBA Rate Cut Boosts Home Purchases
On February 13, predictions suggest that if the Reserve Bank of Australia decides to lower interest rates in February, it could spark a significant "home-buying wave" across the na...
DeepSeek's Fintech Debut: Highlights and Hurdles
As the Year of the Snake unfolds, financial institutions and fintech companies are eagerly integrating with DeepSeek, a powerful AI model that has the industry buzzing. This surge of activity showcase...
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