EUR/USD
1.18406
-0.221%
Gold
3664.07
-0.698%
Oil
63.831
-0.527%
USD/JPY
146.633
0.126%
GBP/USD
1.36346
-0.074%
GBP/JPY
199.932
0.059%
Real-time News
On September 17th, Jefferies Research reported that Baidu (09988.HK)s recent AI developments have attracted market attention, including the signing of several major AI partners, its recognition as a key player in both AI cloud revenue market share and large customer penetration, and the development of its Kunlun chip. Its AI agent and digital human capabilities are experiencing rapid growth, and its autonomous driving platform, Apollo Go, is expanding overseas. The bank believes that Baidus stock price reflects its emphasis on user experience in its AI search transformation and maintains a "buy" rating. The target price for the US stock has been raised from US$108 to US$157, and from HK$104 to HK$152.UK AI infrastructure company Nscale: Announced a partnership with Microsoft, Nvidia and OpenAI, committing to investing in UK artificial intelligence infrastructure.New York gold futures fell below $3,700 an ounce, down 0.68% on the day.On September 17th, UK inflation remained at 3.8% in August, completely dashing hopes for an interest rate cut this week and further easing this year. Suren Thiru, an economist at the Institute of Chartered Accountants in England and Wales, stated in a research note that after Augusts high inflation, September could see an even more disturbing rebound—rising business costs and food prices could push inflation above 4% despite a weak economy. However, the slowdown in services and core inflation offers a glimmer of hope, suggesting that underlying price pressures are gradually easing. Thiru believes that a cooling job market should help push inflation back on its downward trajectory.Barclays (BCS.N) CFO: Expected to reach a cost-to-income ratio of 61% this year.
