Being indecisive and deceptive? Microsoft is accused of holding up the carbon reduction flag while selling AI products to energy giants.
As a Silicon Valley giant, microsoft has been establishing its eco-friendly role and in recent years, as a leader in the AI industry, continuously promoting how to use AI to "accelerate carbon reduction". However, media reports that this move by microsoft is "quite hypocritical", because microsoft is also selling AI technology to many fossil energy companies, including exxon mobil and chevron, helping them use AI to develop new oil & gas fields and maximize production.
If Trump is elected, will it be bullish for the energy industry and push up oil prices? History shows: quite the opposite.
According to statistics since 1933, during the 52 years when Democrats took over the White House, the S&P Energy Index rose 2,800 times, while during the 40 years of Republican presidential rule, the index only rose 10 times. A similar conclusion can be drawn from recent history: during Trump's four-year presidency, the S&P 500 Energy Index fell by 40%, while during Biden's presidency it rose by about 96%.
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Macquarie: The global oil market is expected to face "severe oversupply" by 2025.
According to the McKinsey supply and demand equilibrium forecast, the oil market will face a serious supply surplus in the next five quarters, triggering a situation similar to a 'price war', and oil prices may fall to around $50 per barrel.
How do you view the recent "hawkish" stance of the Bank of Japan executives? Goldman Sachs: The next interest rate hike may still have to wait until January next year.
Goldman Sachs believes that when evaluating the timing of interest rate hikes, it is important to consider financial market stability and inflation trends. The bank predicts that January next year will be the best time to determine whether Japan's inflation will rebound, and based on this, determine that Japan will raise interest rates in January. However, if there is significant turmoil in the financial markets, the timing of the rate hike may become uncertain.
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Barclays criticizes Trump's tariff plan: will damage the profits of European and American companies, and impact the real economy of the usa.
Barclays strategists warn that Trump's proposal to significantly increase tariffs will have a detrimental impact on the profits of transatlantic European and American companies. They point out that the US real economy may be hit by as much as 1.4 percentage points.
Over 40% of U.S. Gulf of Mexico Oil Output Shut-in by Francine but Little Damage Seen
US stocks closed: Technology breaks through to lift the index, Nasdaq and S&P jointly achieve four consecutive gains.
① After four consecutive days of gains, the S&P 500 index is still 1.3% away from its historical high. ② Warren Buffett's deputy sold more than half of Berkshire Hathaway's positions, causing the stock price to fall for the seventh consecutive day. ③ AirPods Pro transforms into an OTC hearing aid, with FDA approval for Apple's hearing assistance software. ④ Gilead's HIV prevention drug delivers positive results once again.
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