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On August 24th, the Beijing Economic-Technological Development Area (hereinafter referred to as "Beijing EDA") officially released the "AI4Chip Action Plan for the Leapfrog Development of the Integrated Circuit Industry (2026-2028)" (hereinafter referred to as "AI4Chip 20 Measures"). As the first AI4Chip-specific policy in the country, the "AI4Chip 20 Measures" focuses on five key actions: AI-native full-chain empowerment, "AI + intelligent design" to revitalize the chip industry, "AI + manufacturing and packaging" to build the chip industry, "AI + equipment and materials" to strengthen the chip industry, and "AI + industrial ecosystem" to cultivate the chip industry.Moodys: We maintain our outlook for Pakistan on a stable level.Moodys upgraded Pakistans credit rating to B3 from CAA1.August 24th - As of August 24th, Shanghai has added one new generative AI service that has completed registration, named Qianwen Task Assistant; bringing the total number of generative AI services registered to 188.On August 24th, according to Morgan Stanley strategist Michael Wilson, another sharp rise in oil prices is the biggest risk currently facing the US stock market, and he advises investors to hedge portfolio risk using energy stocks. Wilson stated that if oil prices rise further, it could push yields higher and ultimately force the Federal Reserve to act, as Fed Chairman Warsh seeks to bring inflation back to its target level. "At that point, more responsibility will fall on the Fed than the Treasury," he said. "We have no doubt that the Fed will eventually respond, but it may not act before the market experiences additional volatility." Wilson recommends investors hedge against the risk of a potential surge in oil prices by allocating to energy stocks. This year, Exxon Mobil Holding and Chevron have both seen their stock prices rise by more than 30%, more than double the gains of the S&P 500. From a broader perspective, Wilson reiterated his preference for so-called "high-quality stocks"—companies with more stable earnings, higher profit margins, and more efficient operations.

SHIB Targets $0.0000131 or Faces SEC-Induced Drop to Below $0.0000115

Daniel Rogers

Feb 14, 2023 14:38

 截屏2023-02-14 下午2.34.57.png

 

Dogecoin (DOGE) closed the Sunday session unchanged. Following a rise of 1.61% on Saturday, DOGE closed the week at $0.0822, down 10.65%.

 

After a range-bound start to the day, DOGE climbed to a high of $0.0857 by late morning. At $0.0830 and $0.0939, DOGE surpassed the First Major Resistance Level (R1) and the Second Major Resistance Level (R2). At $0.0859, the Third Major Resistance Level (R3), DOGE dropped to a late low of $0.0812. DOGE found support at the First Major Support Level (S1) at $0.0810, and closed the trading session at $0.0822.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Sunday, Shiba inu coin (SHIB) decreased by 0.62 percent. Reversing its Saturday gain of 0.39%, SHIB closed the week down 10.28% at $0.00001283.

 

Following the market as a whole, SHIB reached a late-afternoon high of $0.00001354. At $0.0000132, SHIB surpassed the First Major Resistance Level (R1). SHIB, however, reached a late low of $0.00001257 after encountering the Second Major Resistance Level (R2) at $0.00001352. SHIB closed the trading day at $0.00001283, avoiding the First Major Support Level (S1) of $0.00001250.


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