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On August 21st, it was reported that on August 20th, Wang Xingxing, Chairman, General Manager, and Chief Technology Officer of Unitree Robotics, stated at the 2026 World Robot Conference that Unitree Robotics continues to invest in the field of AI models, which is currently the area where Unitree invests the most funds and human resources. At the conference, Wang Xingxing publicly explained for the first time Unitree Robotics exploration of the concept of "self-evolution of physical AI robots." He stated that while AI has been widely applied to programming and various development processes in recent years, its application in the robotics field remains insufficient. Therefore, Unitree Robotics is promoting the construction of a self-evolution system for physical AI robot models: relying on cutting-edge large-scale models, setting corresponding rules, empirical constraints, and tool boundaries, allowing the model to autonomously search for cutting-edge papers, high-quality research results, and open-source solutions, and automatically generate robot control code.Japans national CPI rose 2% year-on-year in July, below the expected 1.90% and the previous reading of 1.60%.Japans core CPI rose 1.8% year-on-year in July, below the expected 1.80% and the previous reading of 1.60%.Japans July core CPI annual rate will be released in ten minutes.On August 21st, the Loan Prime Rate (LPR) remained unchanged for the 15th consecutive month. The Peoples Bank of China authorized the National Interbank Funding Center to announce on August 20th that the 1-year LPR was 3.0%, and the LPR for maturities of 5 years or more was 3.5%. Analysts believe that considering the current policy interest rates and banks net interest margins, the LPR remaining unchanged is in line with expectations. Since late July, the DR (Deposit-taking Financial Institutions Bond Repurchase Rate) benchmark lending rate has been continuously implemented, and the efficiency of LPR quotations is expected to further improve in the future.

S&P 500 Price Forecast – Stock Markets Continue to Struggle

Alice Wang

Jul 15, 2022 15:54

Technical Analysis of the S&P 500

Due to the ongoing pessimism, the S&P 500 has decreased somewhat during Thursday's trading session. At this time, it seems as if the market is prepared to go further, maybe attempting to approach the most recent lows at the 3637 level. In the end, this market should continue to see a lot of agitated behavior. I believe that fading rallies will remain a significant problem. The 50 Day EMA is now hanging in the general vicinity of the 3950 level, which serves as the ceiling at this time.


Ultimately, your indication to become engaged will be when you start to feel exhausted after brief rallies. Given the lack of global growth and the fact that inflation is still a problem, I do believe the downward trend will continue. Additionally, the Federal Reserve is rapidly tightening monetary policy, and as a result, a 100 basis point interest rate rise is being predicted. Due to the fact that the S&P 500 contains so many significant exporters, it is extremely probable that we will continue to see significant problems with the global economy.


In the end, a running season is approaching, so there could be some "hopium" waiting to happen, but after hearing J.P. Morgan declare, "We have never seen an economic scenario like this," during its results presentation, I don't think this earnings season will be cause for celebration. After a rally, I will suppress any indications of tiredness.

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