EUR/USD 1.16234
0.010%
Gold 4399.92
-0.279%
Oil 91.133
0.435%
USD/JPY 153.744
-0.391%
GBP/USD 1.35540
0.103%
GBP/JPY 208.389
-0.284%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
OpenAI says it plans to begin deploying its Jalapeño AI chip, developed with Broadcom, by the end of this year, while also collaborating with accelerators from NVIDIA, AMD, and other partners.Qualcomm (QCOM.O) shares extended gains to 10% in pre-market trading.On September 8th, Qualcomm (QCOM.O) announced a multi-generational collaboration with Amazon (AMZN.O) to provide customized chips for large-scale AI data centers and jointly advance AI inference. The two companies are also collaborating on optical interconnect solutions up to 1.6T and into the next generation. Qualcomm plans to deepen its use of AWS AI infrastructure, including Amazon Bedrock, for electronic design automation (EDA) workloads, aiming to shorten chip design cycles. Qualcomm President and CEO Cristiano Amon stated that the accelerating demand for AI necessitates breakthroughs in both computing and connectivity for data center infrastructure, and Qualcomm is pleased to collaborate with AWS on customized chips and connectivity solutions. AWS Vice President Prasad Kalyanaraman stated that this collaboration builds on a strong partnership, with a shared commitment to providing customers with more efficient and cost-effective infrastructure.Qualcomm (QCOM.O) and Amazon (AMZN.O) are developing an optical interconnect solution with a transmission rate of up to 1.6T.Qualcomm (QCOM.O) is collaborating with Amazon (AMZN.O) to develop multiple generations of custom silicon chips to support AWS’s growing artificial intelligence infrastructure.

S&P 500 – The Stock Market Continues to See Massive Volatility

Jimmy Khan

May 12, 2022 10:18

微信截图_20220512101203.png


The S&P 500 has fluctuated throughout the trading day, indicating that there is still a lot of volatility. The CPI data in the United States were higher than expected, which sent the market into chaos.

Technical Analysis of the S&P 500

After the CPI statistics were released, the S&P 500 went all over the place during trading on Wednesday. They were hotter than expected, so it's understandable that the markets are trying to figure out what to do about it. As a result, we continue to witness a lot of erratic behavior, particularly because the 4100 level above marks the start of a large resistance barrier that will be tough to break and continues to the 4150 level.


Short-term rallies will be marketed into signs of tiredness, and I am more than happy to jump all over it. If we break over the 4150 handle, the next key resistance level is the 4300 level above. There is a lot of noise all the way up to that region, so I don't believe getting it extended will be simple.


Below that, the market is likely to regard the 3900 level as a support level, and we might break down below there and open the market up to the 3800 level. In the end, I believe this is a market where, given enough time, you will continue to see a lot of selling pressure, and purchasers will likely continue to be stymied at every opportunity. I have no intention of purchasing this market in the near future.

Suggestion