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On August 26th, Jimeng AI officially announced its film and television content brand, "Jimeng Studio," joining hands with film and television companies, professional film and television teams, and AI content creators to explore the complete commercial path of AI-generated images from creation to distribution. "Jimeng Studio" is open to film and television projects; creators can apply through the Jimeng website or official account. Selected projects will receive full-chain support including computing power, technology, tools, and industry resources. The first batch of partners includes Shanghai Animation Film Studio and Yihua Kaitian, and a special IP support program has also been launched in conjunction with Tomato Films.Market sources say SoftBank Group is in discussions with investment banks about a potential bond issuance of $10 billion to $20 billion to help refinance its investment in OpenAI.Anta Sports (02020.HK) surged more than 5% in the afternoon.Hyundai Motor: Targets 60% electric vehicle sales by 2030 and 23% by 2025. Plans to increase global production capacity to 1.27 million vehicles by 2030. A 100-megawatt artificial intelligence data center, equipped with over 50,000 GPUs, will be operational by 2029.August 26th - According to its latest sustainability report, TSMC (TSM.N) is accelerating its transition to renewable energy as demand for artificial intelligence and advanced chips drives global business expansion. TSMCs electricity consumption reached 28.77 billion kilowatt-hours in 2025, a year-on-year increase of 12.6%, equivalent to about one-tenth of Taiwans annual electricity consumption. TSMC aims to increase the proportion of renewable energy in its global operating electricity consumption to 60% by 2030, compared to 20.1% in 2025. The company has also set targets of achieving 100% renewable energy use by 2040 and net-zero emissions by 2050.

E-mini NASDAQ-100 Index In Position to Challenge Next Main Top at 12973.75

Alice Wang

Jul 22, 2022 15:36



Late in the session on Thursday, September E-mini NASDAQ-100 Index futures are trading higher, putting the index in a position to notch its third consecutive gain and the fifth higher session out of six. As initially fluctuating between gains and losses, the technology-focused index gained momentum after Tesla jumped 9.78 percent after its quarterly reports.


September E-mini NASDAQ-100 Index futures are now trading at 12591.25, up 126.00 or 1.01 percent, at 18:45 GMT. The Invesco QQQ Trust ETF (QQQ) is now trading at $307.43, an increase of $4.40 or 1.45%.


Tesla may have been the session's top gainer, but shares of NetEase Inc., ASML Holding NV, and CSX Corp. all increased significantly during that time, rising 6.16 percent, 5.41 percent, and 4.24 percent, respectively.


The weekly initial unemployment claims reached a new eight-month high in the United States, while a measure of manufacturing activity in the mid-Atlantic area for July fell to its lowest level in just over two years.

Swing Chart Technical Analysis for the Day

The daily swing chart indicates that the overall trend is upward. The uptrend will be confirmed if a transaction is made through the intraday high of 12621.00, with the next major peak objective being 12973.75. The primary trend will switch to down if a transaction is made through 11479.25.


The midpoint is between 14327.50 and 11068.50. Its retracement range, from 12698.00 to 13082.50, is the main region to aim for on the upside.


The immediate range is between 12973.75 and 11068.50. The index is now trading between 12246.00 to 12021.00, which is support, on the high side of its retracement zone.

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