Stock news: 1. Oracle (ORCL. N) 's cloud infrastructure unit announced on Tuesday that it will deploy 50,000 AMD (AMD. O) artificial intelligence chips from the second half of 2026. 2. Rio Tinto (RIO. N) 's copper production rose 10% in the third quarter compared with the same period last year. 3. PayPay, a payment application operator owned by Bank, is planning to go public in the United States, with a valuation of more than 20 billion US dollars. 4. It is reported that OpenAI and SoftBank's Ar...
Pressure on gilt supply may also have had an impact on the gilt market. The UK will issue a new 10-year bond this week, and many strategists expect it to be issued on Tuesday.
Next week's important events and data forecast: Monday: Federal Reserve Governor Coogler and others delivered a speech; Vice Premier He Lifeng of the State Council visited Switzerland from May 9 to 12 (as the Chinese leader of Sino-US economic and trade, he will hold talks with US Treasury Secretary Vincent, the US leader); Tuesday: US CPI data for April; Thursday: US jobless claims for the week; US PPI data for April; 2027 FOMC voting committee, San Francisco Federal Reserve President Daley par...
U.S. Commerce Secretary Lutnik: President Trump will make a decision on tariffs today, and we will release that information on Tuesday.
The three major U.S. stock indexes closed higher on Tuesday, with the Dow up 0.3 percent, the S & P 500 up 0.72 percent and the Nasdaq up 1.35 percent. Most star technology stocks closed higher, with AMD (AMD. O) up 4.58 percent, Taiwan Semiconductor Manufacturing Co (TSM. N), Apple (AAPL. O), Tesla (TSLA. O) up more than 2 percent and Amazon (AMZN. O) up nearly 2 percent. The Nasdaq China Golden Dragon rose 2.65 percent, XPeng Motors (XPEV. N) up 8.3 percent, Li Auto (LI. O) up nearly 6 percent...
Oil prices surged again after a hiatus on Tuesday, breaking through key resistance in one fell swoop. Investment banks pointed out that the cold winter has "added icing on the cake" to the rise in oil prices, and the release of output by OPEC + will not lead to an increase in global oil depots? > >
Ripple President Monica Long said in an interview on Tuesday that an XRP ETF could come to fruition soon, as favorable U.S. cryptocurrency legislation greatly benefits domestic companies. I think we will see more spot ETFs launched in the US this year, and XRP is likely to be the next crypto spot ETF after Bitcoin and Ethereum, Long said. Especially with the change of government, the approval of these applications will accelerate.
On December 11, Italian politicians said on Tuesday that they will cut the increase in cryptocurrency capital gains tax. According to the 2025 budget, which will be approved by parliament at the end of December, the Ministry of Finance intends to increase the capital gains tax on cryptocurrencies such as bitcoin from 26% to 42%. The coalition said that this move will risk boosting the shadow economy. Political sources said that the government may even decide to keep the 26% tax rate unchanged.
French President's Office: President Macron will convene all parties willing to compromise to form a government on Tuesday.
Americans believe inflation is the top issue President-elect Trump should address in his 100 days in office, according to a Reuters/Ipsos poll released on Tuesday. Some 35 percent of respondents to the three-day poll said inflation was an area Trump should focus on, compared with 30 percent who said immigration and 27 percent who said jobs and the overall economy. Another 23 percent said Trump should focus on unifying the country. A smaller percentage of respondents said he should...