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Foxconn: Crazy Demand for Blackwell Chips, Building World's Largest GB200 Factory, Shipments Expected in Q4

Foxconn's parent company, Hon Hai Precision, has announced that it is building the world's largest Nvidia GB200 chip manufacturing plant in Mexico to meet the surging demand for Blackwell chips in the...

Jun 16, 2024

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Expecting Fiscal Policy Breakthroughs: Government Debt as a Necessary Measure

On September 26th, the Central Political Bureau meeting emphasized the need for "intensifying the introduction of incremental policies" and "increasing the counter-cyclical adjustment efforts of fisca...

Jun 11, 2024

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Goldman Sachs Traders Doubtful on 'Mag 7' But Bullish on AI Narrative

Since the beginning of this year, U.S. technology stocks have fluctuated upwards, with the Nasdaq 100 Index alternating between gains and losses for seven consecutive trading days, showing signs of st...

Jun 08, 2024

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Japan's Basic Wages Rise in Aug, UBS Sees Optimism, Next Rate Hike in Dec

Japan's basic wage growth accelerated in August, coupled with businesses maintaining an optimistic outlook on prices, which could support the Bank of Japan's (BOJ) further interest rate hikes. However...

Jun 07, 2024

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Wall Street Banks' Q3 Loan Revenues at 2-Year Low, Investment Banking Rebound Expected

The US stock market earnings season kicks off this week, with bank stocks leading the charge. Alongside the Federal Reserve's interest rate cuts, what changes can be expected in the Q3 earnings report...

Jun 07, 2024

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Australian Iron Ore Plunge, High Losses, Questionable Gold Reserves

Australia, with its vast land and sparse population, is rich in mineral resources such as iron ore. For many years, it has maintained economic growth by exporting mineral resources and agricultural pr...

Jun 07, 2024