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On May 20th, U.S. stocks closed lower. The Dow Jones Industrial Average fell 0.65%, the S&P 500 fell 0.67%, and the Nasdaq Composite fell 0.84%. Micron Technology (MU.O) and Intel (INTC.O) rose 2%, while Qualcomm (QCOM.O) fell nearly 4%. The Nasdaq China Golden Dragon Index dipped slightly, with JD.com (JD.O) rising over 2% and Beike (BEKE.N) rising 5%.U.S. Energy Secretary Wright: We will not run out of gasoline.U.S. Energy Secretary Wright: The Strait of Hormuz will resume navigation in the near future.On May 20th, Google CEO Sundar Pichai stated at the 2026 I/O developer conference that the monthly active users of the Gemini AI application have more than doubled in the past year, reaching 900 million, with daily requests increasing more than sevenfold. He added that the company currently processes more than 3.2 trillion AI tokens per month, approximately seven times the 48 trillion a year ago, and far exceeding the 9.7 trillion in May 2024. Pichai stated that Geminis rapid growth has driven Alphabets stock price up 25% this year and further solidified the companys leading position in global artificial intelligence research.On May 20th, amidst escalating competition in artificial intelligence, Google directly "removed the barriers to competition" at its I/O developer conference, directly challenging OpenAI and Anthropic on AI model pricing. To attract software developers and enterprise customers to its AI models, Google launched a combination of lower prices and more powerful programming tools. Simultaneously, the company introduced an entry-level AI Ultra subscription tier at $100 per month to fill the gap between consumer and professional levels; and lowered the price of its high-end AI Ultra subscription from $250 to $200. Unlike Anthropics premium pricing strategy, Google CEO Sundar Pichai stated that Googles lower-priced models will provide most of the high-end security and programming capabilities at a lower cost. While Googles most powerful model has always been called "Ultra," the company is now extending its capabilities to the lower-priced "Flash" and "Pro" series.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

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    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

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    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

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    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

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