Dassault Systemes breaking swing support ?
Dassault Systemes (DSY FP) remains under pressure since last earnings release end January. It's now trading below swing support 41.45. Keep an eye at the closing. Next support level is 38.96 - 39.25. Source : Bloomberg
Japan’s $4 Trillion offshore funds will ignore first BOJ Hike - stocks and bonds in the US insulated from impact, survey shows
Japanese money is poised to stay offshore as the central bank creeps toward tighter policy, according to the latest Bloomberg Markets Live Pulse survey. Only about 40% of 273 respondents said the first interest-rate hike by the Bank of Japan since 2007 will prompt the nation’s investors to sell foreign assets and repatriate the proceeds back home. That’s good news for US stocks and bonds. Source: Bloomberg
Bank of Japan is expected to end its negative interest rates this week
Marking 1st rate hike since February 2007 in a turning point for hashtag#BoJ's long-running monetary easing pol. A lot' has changed globally since last ³BoJ hike 17 years ago. SRP has a great overview... (through HolgerZ)
Nvidia on Monday announced a new generation of artificial intelligence chips and software for running AI models.
The new AI graphics processors are named Blackwell and are expected to ship later this year. $NVDA CEO: "Over the course of the last eight years, we've increased computation by one thousand times. In the good old days of Moore's Law, it was two times, then five times every five years. Now, it's ten times every five years, a hundred times every ten years. In the middle, the heydays of the PC revolution, it was a hundred times every ten years. And in the last eight years, we've gone one thousand times. We have two more years to go" Source: The Transcript
Semiconductor Value Chain
by @Quartr_App
Deepfakes of videos, photos and audio recordings have become widespread on various internet platform.
Aided by the technological advances of large language models like Midjourney, Google's Gemini or OpenAI's ChatGPT. With the right prompt fine-tuning, everyone can create seemingly real images or make the voices of prominent political or economic figures and entertainers say anything they want. While creating a deepfake is not a criminal offense on its own, many governments are nevertheless moving towards stronger regulation when using artificial intelligence to prevent harm to the parties involved. Source: Statista
Nvidia $NVDA in talks to acquire Israeli startup Run:ai in a deal that could be worth up to a billion dollars
Source: Markets & Mayhem
SNB reveals carbon footprint of its portfolio for first time
The Swiss National Bank disclosed the carbon footprint of its investment portfolio for the first time, responding to critics who have demanded it take a more active stance on climate change.
The SNB said it’s “not authorized to pursue structural policies” and pursuing such actions could make it more difficult for its to fulfill its primary mandate of inflation control.
The SNB’s environmental rules only ban coal miners. That means its holdings include firms involved in fracking, and the oil and gas industries.
Source: Bloomberg
