EUR/USD 1.16461
-0.051%
Gold 4581.97
-0.272%
Oil 81.739
0.377%
USD/JPY 159.425
0.082%
GBP/USD 1.35801
-0.118%
GBP/JPY 216.488
-0.046%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 27th, Bank of America reiterated its "Buy" rating on Nvidia (NVDA.O) with a target price of $350. Nvidia currently projects sales growth of approximately 70% for fiscal year 2028, significantly exceeding the market consensus forecast of 45%, and demand continues to outpace supply. Bank of America raised its future earnings per share (EPS) forecast, citing rapid ramp-up of Rubin chips, increasing AI revenue per gigawatt, and strong long-term demand. The main pressure comes from gross margin: as memory costs rise, gross margin could fall to 72% to 73%.August 27th - With the accelerated implementation of artificial intelligence applications, my countrys daily token usage has exceeded 500 trillion as of June this year. Reporters learned that the global large-scale model market is currently in its most competitive and fastest-iterating phase, and Chinese large-scale models have already entered the first tier of global competition, with token usage growing rapidly. The head of a domestic large-scale model company stated that in the first week of its official model launch, the usage of tokens (words) increased by 68 times compared to the previous generation model. Industry insiders say that current flagship AI models are updated almost monthly, and the focus of competition has shifted from simple "model intelligence" to a comprehensive competition in the implementation of intelligent agents and ecosystem building. Feng Wen, chief architect of the open platform of Xiyu Technology, said: "Our current model input price is 2.1 yuan per million tokens, and the output price is 8.4 yuan per million tokens, which is less than one-tenth of the price of some international models. The reduction in token prices has actually led to the popularization of applications and accelerated the exponential growth of the overall token usage."OpenAI: Expanding its influence in Brazil.Bilibili (BILI.O) reported a gross margin of 37.2% in the second quarter.Bilibili (BILI.O) reported revenue of RMB 7.939 billion in Q2 2026, exceeding market expectations of RMB 7.908 billion and compared to RMB 7.34 billion in the same period last year.

S&P 500 Price Forecast – Stock Markets Continue to Worry About Rates

Jimmy Khan

Feb 22, 2023 16:31


Technical Analysis of the S&P 500

The S&P 500 E-mini contract started overnight trading poorly and hasn't been making a lot of sense. Yet, the contract's high level of volatility persists, and as a result, downward pressure is beginning to build. It's important to note that the 200-Day EMA and the 50-Day EMA are located immediately below. Given that they are both rather flat, there may not actually be any momentum.


As it is slightly above the psychologically and structurally significant 4000 level, this may pave the way for a support level to develop in that approximate area. You must keep in mind that earnings season is now underway because it could cause the market to fluctuate. The moving averages and the psychologically significant 4000 level, if we were to break down below them, might drive the futures market and the index itself significantly lower.


It thus creates the chance of a decline down to the 3900 level, where we had experienced some buying pressure. Following that, there comes the 3800 level, which is considerably more significant and will get a lot of attention. When it comes to whether or not the market can save itself, we would be in that general area hanging on by a thread.


The previous two candlesticks have undoubtedly looked pretty bearish, and I think that may have some momentum built up in it. If the market were to flip around and bounce, then it may try to move towards the 4200 level. The minutes from the Federal Open Market Committee meeting, which are released on Wednesday, will undoubtedly also be relevant. This ought to provide traders a good indication of what the Federal Reserve members discussed during the meeting and whether or not there is an overall hawkish mindset or if there are any ice cracks appearing. This will have a significant impact on the market.

Suggestion