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On August 30th, according to multiple foreign media reports, a recent research report on the AI industry released by Barclays Bank in the UK pointed out that for every $100 in revenue earned by AI model companies, approximately $35 to $40 flows to the three major cloud giants—Amazon Web Services (AWS), Microsofts Azure cloud service platform, and Google Cloud Platform (GCP)—in the form of inference computing power fees. Cloud service providers can obtain approximately $10 to $20 in operating profit from this, corresponding to an operating profit margin as high as 35% to 45%. Meanwhile, the profit margin of AI labs paid inference business has risen significantly, from a low double-digit level in 2025 to 50% to 65% or even higher in 2026, with adjusted gross margins increasing by 30 to 50 percentage points year-on-year. Barclays analysts believe that the actual profit margin may be higher than the reports estimates, but as competition in cutting-edge models intensifies and computing power supply continues to increase, profit margins are expected to gradually decline.NASA’s next-generation flagship space observation platform, the Nancy Grace Roman Space Telescope, was launched from Florida aboard a SpaceX Falcon Heavy rocket.On August 30, a ferry carrying approximately 270 passengers capsized in Cyprus. The extent of casualties is currently unknown.August 30 - The Lebanese National News Agency reported that Israeli forces dropped flares over the Aita Jbeil forest in the Bint Jbeil region of southern Lebanon this morning, causing a fire.Market news: A passenger ship carrying approximately 270 people sank off the coast of northern Cyprus, and search and rescue operations are underway.

Predictions for Gold Prices — Gold prices rose as the dollar weakened

Alina Haynes

May 24, 2022 09:43

Gold prices rise as the dollar weakens to start the week. The currency experienced negative pressure on reduced growth prospects and likely march toward recession. Benchmark rates climbed as shares surged today. Today, the yield on the ten-year Treasury note rose by 3 basis points.

 

On Monday, there was little going on in the world of business. Focus continues on Fed Chair Powell’s speech tomorrow and major economic statistics including PCI and first-quarter GDP published this week. Investors are anxious about impending recession and sluggish economic growth.

Analytical Methods

Gold prices came back from session highs but are still higher and possibly be headed to the 1860s. This week's economic statistics might point to a slowdown in economic growth, which would benefit gold.

 

To begin the week, gold prices held above the 200-day moving average of $1839. Support is indicated near the 200-day moving average near 1839. Resistance is apparent at the May 12th peak of 1858.

 

The Fast Stochastic has formed a crossover buy signal, indicating that the short-term momentum is bullish. Prices are no longer oversold as the fast stochastic prints a value of 54.58, considerably above the oversold trigger level of 20.

 

Medium-term momentum turns bullish as the MACD can provide a crossover buy signal. This occurs as the 12-day moving average minus the 26-day moving average passes below the 9-day moving average of the MACD line.

 

Price declines are predicted by the MACD (moving average convergence divergence) histogram, which shows a downward trend in price.

 

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