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Annual capital expenditure increasing from $600 billion to $3-4 trillion? JPMorgan: Jensen Huang's "boast" is achievable.

Annual capital expenditure increasing from $600 billion to $3-4 trillion? JPMorgan: Jensen Huang's "boast" is achievable.

``` Recently, Jensen Huang predicted that global annual spending on AI data centers will soar from about $600 billion this year to $3 trillion to $4 trillion by 2030. This means that over the next five years, capital expenditure will need to achieve an average annual growth rate of 42%. The

The Federal Reserve's interest rate cut in October is set, but conflicting data has made the policy direction for 2026 a mystery.

The Federal Reserve's interest rate cut in October is set, but conflicting data has made the policy direction for 2026 a mystery.

``` The Federal Reserve is prepared to cut rates again this month, as the current weak job market outweighs inflation concerns, but this balance may not last long. Powell previously warned that further deterioration in the job market could lead to a rise in the unemployment rate, paving the way for

Helping Altman regain control of OpenAI: An article to understand one of America’s hottest tech investors—Joshua Kushner and his Thrive Capital.

Helping Altman regain control of OpenAI: An article to understand one of America’s hottest tech investors—Joshua Kushner and his Thrive Capital.

``` On that weekend in November 2023, the global tech community was thrown into a thrilling coup—Sam Altman was suddenly dismissed by the OpenAI board, shaking the entire AI landscape in an instant. Microsoft waited in silence, Silicon Valley executives were stunned in group chats, while an investor far away

Leapmotor makes a high-profile entry into the luxury car segment.

``` Author | Chai Xuchen Editor | Wang Xiaojuan Pudong Art Museum beneath the Oriental Pearl Tower has long been a synonym for trends, fashion, and street culture, and also one of Shanghai’s most important commercial hubs. It has now become a show stage for “the Uniqlo of the car world” — Leapmotor.

Clouds of fraud suspicion loom as U.S. regional bank preferred stocks become the "eye of the storm"

Clouds of fraud suspicion loom as U.S. regional bank preferred stocks become the "eye of the storm"

``` Preferred shares of U.S. regional banks are facing their worst sell-off pressure since the collapse of Silicon Valley Bank, as investor confidence in the sector has quickly crumbled following the disclosure of fraud incidents. Zions Bancorp and Western Alliance Bancorp revealed on Thursday that they had encountered loan fraud,

Japan's three major banks plan to jointly issue a stablecoin, initially pegged to the yen, with a possible U.S. dollar version in the future.

Japan's three major banks plan to jointly issue a stablecoin, initially pegged to the yen, with a possible U.S. dollar version in the future.

``` Japan’s three major banks will jointly issue stablecoins, marking the country’s shift from regulatory leadership to actual participation in the digital currency market. According to a report by Nikkei on Friday, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group will jointly launch a digital

Zijin Mining's Q3 net profit attributable to shareholders was 14.57 billion yuan, up 57.14% year-on-year.

Zijin Mining's Q3 net profit attributable to shareholders was 14.57 billion yuan, up 57.14% year-on-year.

``` On October 17, Zijin Mining released its third-quarter results. The net profit attributable to shareholders in the third quarter was 14.57 billion yuan, a year-on-year increase of 57.14%; third-quarter revenue was 86.489 billion yuan, a year-on-year increase of 8.14%. Continuously updating Risk Warning and DisclaimerThe market