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Real-time News
The S&P/TSX Composite Index opened 0.7% higher following President Trumps postponement of tariff measures.On August 19, Liu Guozhong, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, conducted research in Tianjin. He emphasized the need to unswervingly implement the new eras health and wellness work guidelines, adhere to the strategy of prioritizing health development, build a high-quality and efficient medical service system, and promote the development of new productive forces in the health and wellness field, such as brain-computer interfaces, to better meet the comprehensive and life-cycle health needs of the people. Liu Guozhong also visited relevant laboratories and medical institutions to conduct in-depth research on the research, clinical trials, and applications of brain-computer interfaces. He stressed the importance of strengthening basic research in brain science, advancing breakthroughs in key core technologies, and enhancing original innovation capabilities. He also emphasized the need for coordinated planning, guiding various regions to leverage their own scientific research and industrial advantages, accurately identify their development positioning, expand application scenarios, and explore distinctive development paths. Finally, he stressed the importance of improving the standards system, strictly regulating supervision, and firmly upholding the bottom line of safety.The main Shanghai silver futures contract rose by 2.00% intraday, currently trading at 15,937.00 yuan/kg.According to the National Meteorological Center, a tropical disturbance in the northern South China Sea developed into a tropical depression on the afternoon of August 19. Affected by the tropical depression and the southwest monsoon, parts of Hainan Island, southern Guangxi, Guangdong, Fujian, Taiwan Island, and Zhejiang will experience heavy rain or torrential rain over the next three days. Following comprehensive assessment and emergency consultation, the China Meteorological Administration has activated a Level IV emergency response for major meteorological disasters (heavy rain).On August 19th, Marvell Technology and Google announced an expanded chip development collaboration, including the granting of a warrant to Google allowing it to purchase up to $12.2 billion worth of Marvell stock. Marvell Technology stated in a regulatory filing on Wednesday that Google can purchase up to 58,970,907 shares at a price of $206.58 per share. According to the filing, nearly 1.4 million warrant shares will vest quarterly during the first year of the agreement. The remaining shares will vest in installments based on "discretionary purchases" from the third quarter of fiscal year 2027 to the end of fiscal year 2033, with each installment vesting for every $500 million in revenue generated from collaboratively developed products. According to the statement, the two companies will collaborate in the areas of AI inference accelerators, storage controllers, network interface controllers, memory interface controllers, and near-memory computing.
