• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 20th, according to Qianwen Big Model, Qwen-Image-2.1, an image model that balances generation quality, inference efficiency, and cost of use, was open-sourced today. Qwen-Image-2.1 integrates text generation and image editing into a single model, with only 7B parameters for visual generation and native support for generating and editing transparent images. The main features of this updated model include four aspects: 1. Small model, powerful efficiency, and extreme cost-effectiveness: Lightweight model structure and inference optimization achieve a balance between generation quality and computational cost. 2. Native transparency, integrated creation and modification: Generates ordinary or transparent images based on prompts, and supports transparent layer editing and image cutout. 3. Versatile editing, multi-frame preservation: Supports up to 10 reference images, enhances local editing, portrait and product fidelity, and covers various editing tasks. 4. Realistic texture, elegant text and beautiful figures: Improves text layout, lighting and detail rendering for more aesthetically pleasing generated results.On September 20, Iranian Army Commander Jahanshahi stated that, in response to potential threats, a large number of troops remain deployed along Irans northwestern, western, southwestern, eastern, northeastern, and southeastern borders, as well as coastal areas, since the outbreak of the conflict. Various units of the Iranian Army, including special forces, rapid reaction forces, mechanized units, and artillery, have been deployed along the countrys borders, maintaining a high state of combat readiness.September 20th - It was learned today that the International Organization for Standardization (ISO) recently approved the establishment of all seven international natural gas standards led by my country. These standards cover key upstream areas of the industry chain, including shale gas exploration and development, natural gas carbon footprint accounting, natural gas reservoir core sampling, and natural gas hydrate testing. They will contribute to the construction of globally unified natural gas technology rules and promote the development of a clean, low-carbon, safe, and efficient global energy system.On September 20, Egyptian President Abdel Fattah al-Sisi met with visiting CIA Director John Ratcliffe and expressed his support for resolving regional hotspots such as Iran and Palestine through political means. According to a statement released by the Egyptian presidential palace that day, Sisi stated during the meeting that Egypt fully supports efforts aimed at reaching a comprehensive agreement to resolve the Iranian crisis, in order to promote the restoration of regional security and stability and guarantee freedom of international navigation. He emphasized that regional crises should be resolved through political and diplomatic means.On September 20th, the Ministry of Culture and Tourism issued the "15th Five-Year Plan for the Construction of the Public Cultural Service System." The plan proposes that by 2030, the level of balanced development of public cultural services will be continuously improved, the integrated construction of urban and rural public cultural service systems will be fully promoted, and the regional collaborative development mechanism will be more sound. The supply mechanism of public cultural services will be further improved, and an open, diversified, and collaborative supply pattern will be basically formed. The digitalization of public culture will reach a new level, and digital resources will be richer. Significant progress will be made in the reform of the public cultural service system and mechanism, and the vitality of innovation and creativity in public culture will be significantly enhanced. The plan comprehensively deploys five key tasks: promoting the quality and efficiency of public cultural services through reform, continuously promoting the construction of modern public libraries, promoting the prosperity and development of mass culture, promoting the balanced development of public cultural services, and improving the digitalization level of public cultural services. At the same time, it lists 18 key projects based on actual conditions to ensure that the direction is clear, the long-term goals are well-defined, and the implementation is grounded in reality.

S&P 500 (SPY) Dives To 3850 As FedEx Report Highlights Recession Risks

Alice Wang

Sep 19, 2022 15:13

微信截图_20220919150701.png

S&P 500 Continues to Face Serious Pressure Just before the weekend

Following a poor FedEx fiscal Q1 report, the S&P 500 index climbed around the 3850 mark. Analyst expectations were not met by the report. Additionally, on June 23, 2022, FedEx retracted their profitability prediction for the fiscal year 2023.


The macroeconomic instability in Asia and the service issues in Europe, according to FedEx, "had a notably negative effect on performance, resulting in a revenue shortfall in this area of roughly $500 million compared to company estimates."


The price of FedEx shares has dropped by 22% during today's trade. The shares of United Parcel Service is also seeing significant pressure.


The FedEx report increased concerns about a worldwide economic downturn. It is hardly unexpected that today's consumer cyclical equities are declining. International Paper Company and Packaging Corporation of America both had greater than 11% declines.


Other major losses in today's trade include Boeing, which is down 4%, and General Electric, which is down 5%.


In the meanwhile, Treasury rates continue to rise as traders remain uneasy before the Fed meeting. Higher rates are detrimental to the declining tech stocks. Meta was able to plummet below the $150 mark and is now testing annual lows around the $146 mark. Today's drop in Amazon stock is 3%.

Tests Support At 3950 for S&P 500

S&P 500 is now testing the next support level at 3850 after successfully settling below the support at 3885. The S&P 500 will go toward the next support level, which is at 3825, if this test is successful. S&P 500 will be pushed toward the support at 3800 if a move below 3825 occurs. S&P 500 will go toward the next support at 3780 if it drops below this level.


The prior support level at 3885 will act as the first resistance level for the S&P 500 on the upswing. The S&P 500 will go toward the resistance of 3900 if it is able to stabilize again above 3885. The S&P 500 will be pushed toward the next resistance level at 3920 if the resistance at 3900 can be successfully tested.