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On July 18th, at the 2026 World Artificial Intelligence Conference (WAIC), NetEase Youdao publicly showcased its Youdao OpenPods for the first time. The device supports real-time simultaneous interpretation in over ten languages and features recording transcription, automatic generation of structured minutes, and mind maps. It is understood that the earphones are already in mass production and are expected to be officially launched in August. Youdao stated that OpenPods will be exported in the future.On July 18th, at the 2026 World Artificial Intelligence Conference, renowned futurist and "father of the Silicon Valley spirit," Kevin Kelly, stated in a media interview that if one day everyone starts to care about the cost of tokens, the existence of open-source models will be an advantage for Chinese AI. Kelly mentioned that the cost of token consumption is becoming increasingly important, while currently, people dont seem to care about the cost. "But I think that when we are constantly consuming such a huge amount of tokens, people will become concerned (about the cost). If you can provide a model with a cost that is only one-tenth of Anthropics, then it will be a game-changer." However, Kelly also cautioned that the open-source model requires sufficient funding to operate, as it is not as profitable as the closed-source model. "Building these large models requires a huge amount of capital."A spokesperson for the Kuwaiti Ministry of Defense stated that since early this morning, the armed forces have detected enemy ballistic missiles and drones in Kuwaiti airspace and have intercepted and dealt with them. Iranian attacks continue to target multiple military and security facilities in Kuwait, as well as several critical infrastructure and civilian facilities. The attacks affected facilities in the oil and power sectors, causing fires and significant damage.The Ukrainian Ministry of Defense reported that in the first half of 2026, the Ukrainian military signed drone contracts totaling approximately $7.5 billion, double the total for the previous year. FPV drones accounted for the largest share of these contracts.The China Earthquake Networks Center officially reported that a 5.3-magnitude earthquake occurred in Tajikistan (37.70°N, 72.55°E) at 18:36 on July 18, with a focal depth of 140 kilometers.

S&P 500 Does Little

Skylar Shaw

Jul 29, 2022 15:21

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However, traders are trying to convince themselves that the Federal Reserve will stop hiking interest rates.

Technical Analysis of the S&P 500

We've gone back and forth to demonstrate how confused the market is right now and how it has no idea what to do. We're still observing a lot of confusion and are currently seated just above the 4000 level. After all, the GDP figures were dreadful and the future is not promising. People are also trying to persuade themselves that the Federal Reserve won't increase interest rates as quickly as previously anticipated.


As a result, the longer-term outlook for this market is still highly negative. However, if we can break above the 4200 level, it's possible that the trend will shift. However, there is still much work to be done before that can happen. You must pay special attention to whether or not we have any follow-through because the size of the candlestick from the prior course session is quite bullish.


The market would probably decline significantly if we were to reverse course and remove the 50 Day EMA below. Given the high level of uncertainty, I believe the only thing you can probably count on is a lot of volatility. Additionally, since the bond markets typically have a significant impact on the stock markets, you might want to keep an eye on them. If everything remained the same, this market could be extremely risky.

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