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Express News | Jack Ma-backed, Ant Group Co., utilized semiconductors manufactured in China to create methods for training AI models, resulting in a 20% reduction in costs, according to sources (Bloomberg)
Japan's Manufacturing Downturn Extends to Ninth Month; Services Activity Turns Negative
Is the market currently exaggerating expectations of a recession in the USA?
Morgan Stanley believes that investors' panic over a USA economic recession is likely exaggerated, and the real economic slowdown has yet to fully manifest. There is still significant uncertainty (such as immigration policy) that has not materialized, and investors should focus on hard data, especially non-farm payroll data.
The 'Squid Game' Market: Risky Leveraged ETFs -2-
Asia Markets Mixed After Fed Hold; China Holds LPR Rate Steady for 5th Month
People's Bank of China Keeps Lending Rates Unchanged, in Line With Expectations
