Broadcom: Our company and Apple are in a commitment of cooperation for several years.Economic Daily commentator's article: Keep prices at a reasonable level. The Economic Daily issued a document saying that it is foreseeable that the implementation of macro-policies will create a better monetary and financial environment for economic growth and price stability, and also help to accelerate the formation of a virtuous circle of mutual promotion of consumption and investment, and promote a higher level of dynamic balance between supply and demand. Price is the "thermometer" of macroeconomic operation, the "wind vane" of market allocation of resources, and the "baton" of micro-management. Too high or too low is not conducive to economic and social development. In the short term, the decline in price level will help reduce the burden on consumers. However, if the price level continues to run at a low level, enterprises will "increase their income without increasing their profits", and the "involution" competition will intensify, and the motivation for expanding investment will weaken, which will further reduce employment opportunities and slow down the growth of wage income. Too low a price level will also raise the real interest rate, which may inhibit economic activities.Broadcom's share price rose more than 10% after the US market closed. In the news, Broadcom's fourth-quarter profit was better than expected, and the demand for artificial intelligence boosted growth.
The probability that the Fed will cut interest rates by 25 basis points in December is 94.7%. According to CME's "Fed Watch", the probability that the Fed will keep the current interest rate unchanged by December is 5.3%, and the cumulative probability of cutting interest rates by 25 basis points is 94.7%. The probability of keeping the current interest rate unchanged by January next year is 4.1%, the probability of cutting interest rates by 25 basis points is 73.7%, and the probability of cutting interest rates by 50 basis points is 22.3%.The transformation and upgrading of the Internet platform has entered a critical period. Looking back on the Internet platform in 2024, organizational restructuring and executive rotation have become the common choices for enterprises to face challenges. In addition to a number of former CFO or financial background executives who went to the front desk, more post-80s and even post-80s became the backbone. How to keep up and develop at the same time has become a necessary question for the Internet to "create a generation". Whether it is "e-commerce business +AI technology" or "retail+technology", the new trend of platform economy is mapped behind the strategic adjustment. Zhu Keli, executive director of China Information Association and founding dean of the National Research Institute of New Economics, said that the Internet platform will build a competitive advantage led by science and technology, empower business through technological innovation, open up new growth points and achieve high-quality development. (SSE)Brazil's stock index closed down 2.67%, the biggest drop since January 2023 after the Brazilian central bank raised interest rates.
From January to October, the number of net immigrants in New Zealand decreased to 38,776.Bezos' Amazon plans to donate $1 million to Trump's inauguration ceremony.Amco: agreed to buy 2,000 bitcoin mining machines from Canaan Creative Global.