$ZHENGWEI GROUP (02147.HK)$ Today, the US released a revised gross domestic product for the third quarter. Let's take a look at the revised results and how the market interprets this data. The data showed that in the third quarter, the revised GDP grew by 5.2% year on year, higher than economists' expectations of 5%, further highlighting the strong performance of the US economy.Contributions to this revision are mainly from non-residential investments.The data found that, driven by construction investment, the category grew by 1.3% instead of 0.1% previously, to 6.9% from 1.6% previously. Investment in non-residential construction refers not only to construction plants. Purchases of commercial buildings, hotels, mines, etc. are also included. However, regardless of the category, the increase in construction investment shows that in the third quarter, US companies remained relatively confident about the future.
The second largest contributor is state and local governments, whose growth rate has been revised from 3.7% to 4.6%, which is essentially the same as in the past two quarters.The increase in government spending in 2023 is greater than in the past two years, which has a certain boost to the economy this year.Consumption, on the other hand, is the part that drags down GDP.The overall consumption growth rate was reduced from 4% to 3.6%, and consumption of durable goods and services fell sharply, particularly in the service sector, which was adjusted from 3.6% to 3.0%.This shows that consumers are not as strong as we think, but even after the revisions, the growth rate is still very high, not enough to cause economic criticism...

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Artificial intelligence is now a hype everywhere, and now every company is trying to implement artificial intelligence in their products. Big competitors have been promoting how artificial intelligence works, and some companies are also trying to incorporate it into our everyday work. Tech companies like $Microsoft (MSFT.US) $Amazon (AMZN.US) $$Google-A (AMZN.US) $ have established the artificial intelligence foundation that many other companies rely on, because the biggest contribution in terms of hardware comes from $NVDA.US (NVDA.US) $ and the stocks of these big companies are growing very fast year to date, and I think they will continue to grow in the next few years