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Iranian Foreign Ministry spokesman Bagaei: If someone raises a sword while trying to talk to you, rest assured, it will not hesitate to strike you.On August 11th, the Shanghai Municipal Commission of Economy and Informatization issued the "Shanghai Software and Information Service Industry Development 15th Five-Year Plan". The plan mentions integrating into the global software and information industry innovation and application ecosystem, vigorously promoting the construction of an open-source system, and leveraging open-source platforms such as the Magnolia Open Source Research Institute, OpenLoong, and OpenDataLab to promote the "first launch" of open-source projects in Shanghai for intelligent software, corpora, algorithms, models, intelligent agents, and humanoid robot hardware and software. It also promotes more flexible open-source benefit distribution mechanisms such as paid open source and dual licenses to attract global talent to participate in open-source solution innovation. The plan supports enterprises in conducting commercial secondary development based on open-source software, innovating the path of "technology open source + commercial application value-added", and cultivating a number of open-source software commercialization enterprises. Finally, it strengthens international open-source cooperation and exchange, supporting enterprises and institutions to participate in the construction of the global open-source ecosystem and the formulation of international rules.On August 11th, the Shanghai Municipal Commission of Economy and Informatization issued the "15th Five-Year Plan for the Development of Shanghais Software and Information Service Industry." The plan emphasizes tackling next-generation model architectures and promoting the exploration of multiple technical routes based on non-Transformer architectures such as state-space models, recurrent neural network variants, and liquid neural networks. It also calls for accelerating the development of cutting-edge basic model technology systems such as physical intelligence, world models, quantum intelligence, and brain-like intelligence. Furthermore, it emphasizes tackling the networking technology of ultra-large-scale intelligent computing power clusters, focusing on core components such as high-performance computing chips (GPUs/NPUs), quantum computing chips (QPUs), high-speed optical interconnects (CPOs), high-bandwidth memory (HBMs), and heterogeneous servers to enhance the supply capacity of intelligent computing hardware and promote the deep integration of domestically developed chips with mainstream large-scale models. Finally, it focuses on new storage and retrieval technologies, digital-model collaboration, and breakthroughs in key technologies such as high-precision heterogeneous processing, native multimodal fusion, and dynamic value alignment to build automated complex reasoning covering the entire lifecycle of corpora.On August 11th, the Shanghai Municipal Commission of Economy and Informatization issued the "15th Five-Year Plan for the Development of Shanghais Software and Information Service Industry." The plan outlines a tiered supply system combining large clusters, small clusters, and edge computing power. It calls for the development of ultra-large-scale intelligent computing clusters (100,000-card level) in Songjiang, Lingang, and Qingpu districts, and thousand-card level intelligent computing clusters in Baoshan, Pudong, and Jiading districts. The plan also guides the transformation of traditional data centers and information communication equipment rooms into hundred-card level edge intelligent computing centers to meet the ultra-low latency computing power needs of enterprises and individuals. Furthermore, it focuses on building Model-as-a-Service (MaaS) platforms for industries such as finance, education, healthcare, culture and tourism, and manufacturing, providing services such as industry application marketplaces, model customization and hosting, agent building, low-code development, API interfaces, computing power provision and management, and AI inference, thereby enhancing the level of intelligent cloud services.August 11th - According to a recent report from Omdia, as demand from smartphone manufacturers slows and memory prices rise, smartphone makers have significantly reduced their production plans. Meanwhile, display panel manufacturers are shifting excess capacity to the repair and refurbished smartphone market, driving rapid growth in display panel shipments in this market. Statistics show that in the first quarter of 2026, display panel shipments in the repair and refurbished smartphone market increased by 20% year-on-year, reaching 298 million units, exceeding for the first time the shipments of display panels to smartphone manufacturers (289 million units) during the same period.

S&P 500 Price Forecast – Stock Markets Continue to See Selling Pressure

Skylar Shaw

Sep 30, 2022 15:09

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Technical Analysis of the S&P 500

Due to the continued strong downward pressure on stock markets, the S&P 500 E-mini contract has been quite bearish throughout Thursday's trading session. In the end, a lot of things are happening all around the globe, and the US dollar is strengthening. The S&P 500 won't do well in that climate, and neither will any other stock index, for that matter. I like fading rallies, and I also enjoy the notion of shorting those who do experience that break down below the 3600 mark.


The S&P 500 will likely have dropped below the 3500 level by then, which is a big, round, psychologically meaningful number. In the end, this is a market that, given enough time, should see a lot of volatility and, therefore, a lot of causes for people to feel uneasy. Nevertheless, bear market rallies have a reputation for being rather nasty, so an occasional snap to the upside is possible.


Given the market's continued exposure to a lot of outside unfavorable impact, they will almost certainly remain selling opportunities. Interest rates, global slowdowns, and a slew of other geopolitical concerns are all producing problems at the moment. In the end, I believe that in this situation, with enough time, we should see significant downward pressure. In light of this, maintain a manageable position size and refrain from going all in on each transaction you make. In a market like this, sound money management is essential.