EUR/USD 1.16426
0.093%
Gold 4486.74
-0.460%
Oil 88.921
-3.815%
USD/JPY 159.354
0.040%
GBP/USD 1.34427
-0.030%
GBP/JPY 214.220
0.014%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 27, local time, Irans Ministry of Intelligence issued a statement claiming that "hostile forces" are attempting to exert new pressure on Iran through "soft warfare," "cognitive warfare," and other "hybrid warfare" tactics. The statement said that, according to information obtained by Iran, the adversaries are currently focusing on seven areas: increasing economic pressure, exploiting social issues to incite public opinion, instigating ethnic and religious conflicts, carrying out terrorist attacks and sabotage, smuggling weapons and illegal communication equipment, launching cyberattacks, and conducting information warfare through foreign Persian-language media and social media platforms. The statement also indicated that the adversaries had attempted to launch ground operations from western and northwestern Iran using armed groups, but these plans were thwarted by Iran. The statement further accused some foreign media outlets of participating in information warfare and claimed that Iranian intelligence agencies had seized a large quantity of weapons and communication equipment.Scotiabank: The Bank of Canadas outlook is highly sensitive to the USMCA negotiations and geopolitical developments; it expects the Bank of Canada to raise its policy rate to 3% by the end of the year.On May 27th, it was announced that Hong Kong and America Internet LOF (160644) will be suspended from trading starting May 28, 2026, and will resume trading at 10:30 AM on May 28, 2026. Redemption services will continue as usual during the suspension period.On May 27th, Tencent Cloud announced that its new-generation Canghai V2 chip has successfully "lit up" (meaning current flows smoothly through the chip, indicating it is usable) and is currently in mass production, with plans to fully provide online services in the second half of 2026. It is understood that Tencents "Canghai" chip began development in 2019 and entered mass production and large-scale application in 2023. Currently, over 100,000 Canghai V1 chips have been deployed on Tencent Cloud and in Tencents own scenarios, covering core scenarios such as live streaming and video-on-demand, 4K ultra-high-definition high frame rate transcoding, real-time cloud gaming encoding, and multimedia processing. Meanwhile, the encoding and decoding processing capability of a single chip has doubled compared to V1, further improving the cost-effectiveness of computing power. Unlike general-purpose chips, "Canghai" is a dedicated chip designed specifically for video encoding and decoding (transcoding) scenarios, primarily developed based on the massive audio and video business needs of Tencent itself.Market news: ELEMENTAL IMPACT has launched a data center innovation initiative with Amazon, Google, Meta, and Microsoft.

The Dow Futures drop following a strong week

Charlie Brooks

Jul 11, 2022 10:59

20.png


After major benchmark indexes completed the week higher, U.S. stock futures dropped during Sunday evening trade as investors anticipated company earnings reports and important inflation data.


By 7:00pm ET (11:00pm GMT), the Dow Jones Futures were down 0.2 percent , the S&P 500 Futures were down 0.3 percent , and the Nasdaq 100 Futures were down 0.4 percent .


Ahead this week, market participants will concentrate on new CPI data, with the inflation rate predicted to hit 8.8 percent, the highest level since December 1981. Investors will examine, among other data releases, retail sales, manufacturing production, Michigan consumer mood, NFIB Small Business Optimism, consumer inflation expectations, producer pricing, export and import prices, and the New York Empire State Manufacturing Index.


PepsiCo Inc (NASDAQ:PEP) and Delta Air Lines Inc (NYSE:DAL) are scheduled to report earnings on Tuesday and Wednesday, respectively, while JPMorgan Chase & Co (NYSE:JPM), Morgan Stanley (NYSE:MS), Wells Fargo & Company (NYSE:WFC), and Citigroup Inc (NYSE:C) are scheduled to report earnings later in the week.


During trading on Friday, the Dow Jones Industrial Average sank 46.4 points, or 0.2 percent, to 31,338.2, the S&P 500 finished 0.3 points, or 0.1 percent, down at 3,894.4, and the NASDAQ Composite climbed for the sixth consecutive day, adding 14 points, or 0.1 percent, to 11,635.3. The Dow rose 1.4 percent for the week, while the S&P 500 climbed 2.7 percent and the NASDAQ gained 6.1 percent .


On the bond markets, 10-Year United States rates jumped to 3.08 percent.


Suggestion