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According to filings with the U.S. Securities and Exchange Commission, Sean Lie, an executive at artificial intelligence company Cerebras (CBRS.O), plans to sell $153.19 million worth of company stock.The White House: By 2030, U.S. space transportation capabilities must be improved to support more than 1,000 launches and reentry flights per year.Note: Federal Reserve Chairman Warsh will speak in Jackson Hole at 10:00 a.m. ET on August 28 (10:00 p.m. Beijing time on August 28).August 21 – According to sources familiar with the matter, Broadcom (AVGO.O) is in talks with a group of lenders to raise more than $60 billion in debt financing for an AI chip deal that would benefit companies like Anthropic. The sources indicated that the financing plan is still being finalized and may include approximately $30 billion in subordinated debt. Several sources stated that under the proposed plan, Broadcom would guarantee a portion of the senior secured debt, potentially amounting to between $60 billion and $70 billion. Based on the current discussions, the total financing could reach as high as $100 billion. This agreement would further fuel the financing boom surrounding AI infrastructure development. AI companies, including Anthropic, are increasingly involved in infrastructure construction, seeking to ensure they have sufficient computing power. Meanwhile, Broadcom is also seeking to expand its sales of chips and other data center equipment, challenging Nvidia in this lucrative market.On August 21, the U.S. State Department announced on August 20 that it had approved a potential arms sale to Qatar, including aerial refueling tankers and related equipment, with a total estimated value of up to $4.5 billion. In a statement, the State Department said Qatar had offered to purchase up to four KC-46A aerial refueling tankers, along with engines, radar warning receivers, infrared countermeasures systems, and other related accessories and services. The statement said the sale would help enhance the security capabilities of “U.S. strategic regional partners,” thereby supporting U.S. foreign policy and national security objectives; it would also strengthen Qatar’s defense capabilities and its interoperability with U.S. and allied forces, and solidify Qatar’s strategic role in regional security. The KC-46A is the latest type of tanker aircraft in service with the U.S. Air Force, developed by Boeing based on the Boeing 767 passenger aircraft. The first aircraft was delivered to the U.S. Air Force in January 2019. According to Boeing, in addition to aerial refueling support, the aircraft possesses the operational capabilities and data transmission functions required for a multi-mission tanker.

USD/CAD Price Analysis: Retracement Moves Seek Confirmation at 1,3000

Alina Haynes

May 13, 2022 10:00

USD/CAD consolidates recent advances while retreating from its highest level since November 2020, reaching a fresh intraday low around 1.3010 during the Asia session on Friday.

 

In doing so, the Loonie pair depicts a pullback from a four-day-old resistance line, which was near 1.3080 at the time of publication.

 

Given that the downward-sloping RSI (14) line is not oversold, the most recent price downturn may continue for a while longer before reaching any important support.

 

However, a junction of the 100-HMA and a one-week-old ascending trend line at 1.2995 is a formidable obstacle for USD/CAD bears.

 

In the event that the price falls below 1.2995, various levels surrounding 1.2920-10, including the high from early May and the 200-hour moving average, will attract pair sellers.

 

In contrast, a decisive breach of the aforementioned short-term resistance line of 1.3080 would require confirmation from the 1.3100 level before going for the peak of 1.3172 in late November 2020.

 

In conclusion, USD/CAD decline is not indicative of a trend reversal until the quotation breaks 1.2920.

The USD/CAD Hourly Graph

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