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Real-time News
Federal Reserves Williams: Its good for the economy for the Federal Reserve to pay interest on reserves.
New Energy Vehicles: 1. He Xiaopeng: XPeng Motors overseas and domestic sales ratio is expected to reach 1:1 in the future. 2. SAIC Motor President Jia Jianxu visited Huaweis Ren Zhengfei to discuss further deepening cooperation on the Shangjie brand. 3. The Ministry of Commerce reported on the progress of the Sino-EU electric vehicle case negotiations; the EU will release guidance documents for price undertaking applications. Artificial Intelligence: 1. Meta established Meta Compute to build large-scale computing infrastructure. 2. StrongBrain Technology submitted its Hong Kong IPO application; sources close to the company confirmed the news. 3. Nvidia and Eli Lilly will jointly invest $1 billion over the next five years to establish an AI drug laboratory. 4. Apple chose Googles Gemini to power Siri, launched this year. Musk hinted at Googles alleged monopoly. 5. OpenAI: We acquired Torch, a medical startup that integrates lab results, drugs, and medical records. Other: 1. Meta plans to lay off approximately 10% of its Reality Labs staff. 2. Micron: The memory supply shortage may continue until 2028. 3. Paramount sues Warner Bros., demanding disclosure of details of its deal with Netflix. 4. Two mandatory national standards (draft for approval), including the "Safety Technical Specifications for Mobile Power Banks," are open for public comment. 5. Counterpoint: Global smartphone shipments are projected to grow by 2% year-on-year in 2025, with Apple holding a 20% market share, ranking first. 6. Lihong-1 completes its first suborbital flight test, marking Chinas first commercial spaceflight test involving a 100-kilometer suborbital parachute recovery. 7. Haihe Brain-Computer Lab: Developing a fifth-generation space station-based brain-computer interface system in the aerospace field, completing the first-ever "space brain-computer interface experiment."
Japans November trade balance will be released in ten minutes.
Federal Reserves Williams: The demographic challenge is becoming apparent globally.
Federal Reserves Williams: The U.S. financial system is extremely important to the world.