Global Economic Insights

According to Ornn, a platform providing real-time GPU compute price data for major hardware, the hourly rental price of B200 surged to $6.11 on May 30, marking the highest level in the past three months. However, since that date, the platform’s data shows that the hourly rental price of B200 has continued to decline, falling

Traders in prediction markets believe that Meta CEO Mark Zuckerberg has the highest probability of becoming the next trillionaire, with a likelihood of approximately 32%. Kalshi traders assign Nvidia CEO Jensen Huang the second-highest probability, estimating a 21% chance that he will reach a net worth of one trillion dollars. June 23 – Thanks to

SpaceX shares plunged 16% on Monday to close at $154.60, marking the lowest level since the company’s public debut. Over the past three trading sessions, the cumulative decline has reached 23%, erasing more than $600 billion in market value. The company’s current market capitalization stands at just over $2 trillion. Despite this downturn, Tim Horan,

①Progress in US-Iran negotiations eased market sentiment, and crude oil fell on Monday. ②However, the continued decline in global commercial and strategic oil and petroleum product inventories could trigger a surge in demand. ③The duration, extent, and manner of the Strait of Hormuz reopening may differ significantly from market expectations, and the oil market still

On Monday, U.S. President Donald Trump signed an executive order on quantum computing at the White House, mandating the acceleration of high-performance quantum computer development for scientific research. The order also aims to enhance government systems’ capabilities to address related cybersecurity threats, thereby strengthening America’s leading position in this critical technological race. During the signing

Recently, as U.S. inflation remains persistently elevated, a growing number of Federal Reserve officials have signaled a hawkish stance. Chicago Fed President Austan Goolsbee stated on Monday that the Fed has been contending with inflation running well above target and moving in the wrong direction. He questioned whether the factors driving price increases are all

1. The UN Food and Agriculture Organization (FAO) has warned that a new El Nino event could start within weeks, with intensity higher than previous cycles. 2. Drought high-risk zones are concentrated this time, with over 50% probability of drought in some farmlands and pastures in the coming months. 3. The FAO, together with the

①Emaar Properties has postponed the tender process for the Dubai Creek Tower project by three to four months due to cost and supply chain issues. ②The structure was originally planned to serve as the centerpiece landmark of the Dubai Creek Harbour development, with an estimated construction cost of US$1 billion. June 23 – Emaar Properties,

Tesla is reportedly sourcing components such as harmonic reducers and joint modules from suppliers in Taiwan, China, to prepare for mass production of its humanoid robots. Automation equipment suppliers Alliance Material and Asia Optical are key vendors, with the former supplying critical parts like harmonic reducers and the latter supplying sensing components. The production line

On Tuesday of this week, the yen depreciated against the U.S. dollar, briefly reaching 161.58 yen per dollar, approaching its lowest level in nearly 40 years. Market discussions regarding potential intervention by Japanese authorities have intensified. On Tuesday, the yen traded as weak as 161.58 per dollar, nearing the previous 2024 low of 161.96. A