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Silicon Valley can't hold on anymore, shaking up Wall Street—The "AI arms race" is starting to spread, and so are the risks!

Silicon Valley can't hold on anymore, shaking up Wall Street—The "AI arms race" is starting to spread, and so are the risks!

``` The AI "arms race" among tech giants is evolving into a complex financial game. As annual capital expenditures of tens of billions of dollars become the norm, even Amazon, Google, Meta, Microsoft, and Oracle—companies with cash reserves exceeding $340 billion—have begun to feel unprecedented financial pressure.

BIS "knocks" the Federal Reserve: It should have a "people-oriented" approach, QE should be limited to emergencies, and for the first time calls for a moderate long-term interest rate.

BIS "knocks" the Federal Reserve: It should have a "people-oriented" approach, QE should be limited to emergencies, and for the first time calls for a moderate long-term interest rate.

``` U.S. Treasury Secretary Bessent has once again publicly “rebuked” the Federal Reserve, demanding that the world’s most influential central bank return to its statutory responsibilities and serve the trust of the American people, rather than just asset owners. On Friday, in a strongly worded op-ed published in The

The "Hidden Champions" Behind the Transformation of Biopharmaceutical Processes

The "Hidden Champions" Behind the Transformation of Biopharmaceutical Processes

``` Traditional batch production is like baking cakes in batches, with each batch processed independently and interruptions and waiting periods between steps. This model is relatively simple for monoclonal antibody production. However, China's biopharmaceutical industry now stands at a critical crossroads—shifting from rapid, capital-driven expansion to a new

Saudi Arabia pushes for "production increase"—can oil prices hold at $60?

Saudi Arabia pushes for "production increase"—can oil prices hold at $60?

``` Crude oil options trading activity has surged, with investors making heavy bets that Brent crude will break below the key psychological level of $60 per barrel. On Thursday, activity in the crude oil options market showed that put options for $55 and $60 expiring in December have seen a surge

Track Hyper | Strategic Breakthrough Analysis of Tongyi Qianwen Trillion-Parameter Model

Track Hyper | Strategic Breakthrough Analysis of Tongyi Qianwen Trillion-Parameter Model

``` Author: Zhou Yuan/Wallstreetcn In the early morning of September 6, Alibaba’s Tongyi Qianwen (Qwen) released Qwen3-Max-Preview (Instruct) on its official website—a preview version of a super-large model with more than one trillion parameters. According to Alibaba, this model has shown significant improvements in Chinese and English understanding,

Former Federal Reserve Governor Kugler's resignation is fraught with suspicions, property records raise further doubts, and the battle for control of the Federal Reserve is intensifying.

Former Federal Reserve Governor Kugler's resignation is fraught with suspicions, property records raise further doubts, and the battle for control of the Federal Reserve is intensifying.

``` Former Federal Reserve Board member Adriana Kugler abruptly resigned on August 1, shocking and puzzling the financial world, especially since she had missed a key meeting two days earlier without explanation. The behind-the-scenes maneuvering remains murky. Kugler was nominated by Democratic former President Biden to fill an unexpected vacancy on

Closely following Trump in criticizing the Federal Reserve, the US Treasury Secretary said: "Taking on too much, independence is at risk, all operations including monetary policy must be reviewed."

Closely following Trump in criticizing the Federal Reserve, the US Treasury Secretary said: "Taking on too much, independence is at risk, all operations including monetary policy must be reviewed."

``` Closely following U.S. President Trump, Secretary of the Treasury Besent also fiercely criticized the Federal Reserve. As the public increasingly questions whether Trump’s threats to fire Fed governors undermine the Fed’s independence, Besent, on the contrary, accuses the Fed itself, believing that problems within the Fed over