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SpaceX AI: Today were bringing Grok to Google Workspace. Grok for Google Workspace is a free add-on.On July 25th, Meta Platforms (META.O) announced it is adding new intelligent agent-like capabilities to its AI assistant, powered by its latest model, Muse Spark 1.1. The company stated that Meta AI can now access Google Calendar and Gmail and perform tasks such as creating daily updates, assisting with research, and helping with home remodeling projects. This effort is part of CEO Mark Zuckerbergs vision of "personal superintelligence." However, Metas AI software capabilities currently lag behind its competitors. Intelligent agents from companies like OpenAI, Anthropic, and Google have an advantage in handling a wider range of tasks and operating autonomously for longer periods. Zuckerberg also launched an AI optimism campaign this week to promote Metas AI vision.SpaceX (SPCX.O) shares are poised to fall to their lowest closing price since their IPO, currently down about 4.5% at $113.On July 25, Wang Yi stated that President Rahmons successful state visit to China in May, during which President Xi Jinping and President Rahmon made new strategic plans for the development of China-Tajikistan relations, was a significant achievement. The most important outcome of the visit was the signing of the Treaty of Permanent Good-Neighborliness, Friendship and Cooperation between China and Tajikistan, setting a precedent in Central Asia. The two sides also issued a Joint Statement on Deepening the Comprehensive Strategic Cooperative Partnership for a New Era between the Peoples Republic of China and the Republic of Tajikistan, declaring their determination to jointly promote the building of a China-Tajikistan community with a shared future. The common task of the two foreign ministries is to translate the consensus reached by the two heads of state into concrete actions, plan exchanges at all levels, and promote deeper and more practical cooperation in areas such as energy, connectivity, and counter-terrorism and security, so as to bring more cooperative results to the benefit of the people of both countries.July 25th - US President Trump: The EU is back again, and as usual, targeting great American companies directly! After arbitrarily fining Apple $15 billion, Meta $3 billion, Amazon $2.5 billion, and many other companies, we have just learned that Google—a truly advanced and amazing company—has been fined another $1 billion without explanation. This brings Googles total fines to over $18 billion! This illegal and highly discriminatory practice reached such a high level during the first year of the "Sleepy Joe" (Biden) administration, but it will not continue under the Trump administration. America is not Europes ATM, and we will not allow it to be! Therefore, we will immediately launch a Section 301 investigation into this "plundering" of American businesses and harming American taxpayers. The EU will pay a very high price for this illegal and highly unethical behavior, which is exactly what I have been warning them against. These fines will be completely rescinded, and we expect to impose high tariffs on them as soon as possible.

Gold Price Forecast: XAU/USD views $1,800 as upbeat US labor market fuels hawkish Fed wagers

Alina Haynes

Mar 09, 2023 13:55

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Gold price (XAU / USD) appears vulnerable above $1,810.00 as the upside appears constrained by rising Federal Reserve rate expectations (Fed). The precious metal is anticipated to resume its decline as strong United States Employment data reported by Automatic Data Processing (ADP) has confirmed that January's strong consumer spending and higher payrolls were not a one-time blow to the Consumer Price Index's decline (CPI).

 

S&P500 futures have given up the slight gains they made on Wednesday during the Asian session. As China's CPI and Producer Price Index (PPI) figures indicate deflation, the risk-aversion theme has intensified. The US Dollar Index (DXY) has maintained a sideways trend above 105.20 as investors await the publication of US Nonfarm Payrolls (NFP) data for fresh direction signals. The alpha provided by 10-year US Treasury bonds has risen above 3.98 percent.

 

The official US Employment data is expected to indicate a decline in the payrolls to 203K from the former release of 514k. A figure of 203K is not as terrible as January's 514K figure, but it appears insignificant in comparison. Investors should be aware that a figure of 514K in the last seven months was exceptional.

 

Aside from that, it is anticipated that the unemployment rate will remain at a multi-decade low of 3.4%. The Average Hourly Earnings are expected to ascend to 4.8% on an annual basis. Household income may increase consumer expenditure. Jerome Powell, the chairman of the Federal Reserve, has already confirmed that the Fed will increase interest rates in order to reduce inflation.


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