Jerry Lin
The Latest
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Analysts Forecast Tesla's Self-driving Taxis Could Transform the Auto Industry with a Value of $870 Billion
On July 19, The Financial Times reported that RBC Capital Markets, a Canadian investment bank, has set a target price for Tesla's stock between $305 and $360. RBC predicts that Tesla's market capitalization could exceed $1 trillion, and the optimistic value of its autonomous taxi service, robotaxi, could potentially reach $870 billion. 
On July 19, The Financial Times reported that RBC Capital Markets, a Canadian investment bank, has set a target price for Tesla's stock between $305 and $360. RBC predicts that Tesla's market capitalization could exceed $1 trillion, and the optimistic value of its autonomous taxi service, robotaxi, could potentially reach $870 billion. -
UBS: Central Banks' Gold Rush Nearing an End, Signals Return to Traditional Factors
During the period of aggressive interest rate hikes by the Federal Reserve, gold has exhibited intriguing resilience. Despite the continuous rise in interest rates, gold prices have not fallen, but rather increased. This contravenes its traditional valuation model of an inverse relationship with the 10-year U.S. real interest rate and the dollar. 
During the period of aggressive interest rate hikes by the Federal Reserve, gold has exhibited intriguing resilience. Despite the continuous rise in interest rates, gold prices have not fallen, but rather increased. This contravenes its traditional valuation model of an inverse relationship with the 10-year U.S. real interest rate and the dollar. -
AI Daily: Microsoft Teams up with Meta in Bold AI Move, Shakes Up OpenAI Landscape and Skyrockets Copilot Pricing
1. Microsoft Partners with Meta to Launch Open-source Model LLAMA2, Copilot Pricing Soars; 2. Google's Bard Set to Introduce Multiple Plug-ins; 3. Website Generator Tool - Wix; 4. The First Commercial AI Large Model in the Energy Industry - Pangu Mine Large Model; 5. Cloudwalk Technology Announces the Launch of Pedestrian Basic Large Model. ; 
1. Microsoft Partners with Meta to Launch Open-source Model LLAMA2, Copilot Pricing Soars; 2. Google's Bard Set to Introduce Multiple Plug-ins; 3. Website Generator Tool - Wix; 4. The First Commercial AI Large Model in the Energy Industry - Pangu Mine Large Model; 5. Cloudwalk Technology Announces the Launch of Pedestrian Basic Large Model. ; -
Caught Off Guard: Microsoft 'Cheats' on OpenAI with Meta's Llama
Microsoft has stirred up the AI landscape, leaving OpenAI feeling left behind. 
Microsoft has stirred up the AI landscape, leaving OpenAI feeling left behind. -
Nvidia's Pivot to Cloud: Edges Closer to Acquiring Lambda Labs
Nvidia is in the process of transitioning from a chip design company to a cloud services provider. 
Nvidia is in the process of transitioning from a chip design company to a cloud services provider. -
Yellen Cautions Against Overoptimism Despite Signs of Lowering Inflation
On Tuesday, US Treasury Secretary Janet Yellen suggested in an interview that a slowing labor market is playing a key role in mitigating inflation, one of many factors contributing to a downward trend. 
On Tuesday, US Treasury Secretary Janet Yellen suggested in an interview that a slowing labor market is playing a key role in mitigating inflation, one of many factors contributing to a downward trend. -
Euro Soars Against Dollar: Poised for Longest Winning Streak in Nearly Two Decades
Investors are betting on the U.S. Federal Reserve wrapping up its interest-rate hikes, leading to a decrease in the value of the U.S. dollar. Consequently, the euro-to-dollar exchange rate is on track to set the longest winning streak since 2004. 
Investors are betting on the U.S. Federal Reserve wrapping up its interest-rate hikes, leading to a decrease in the value of the U.S. dollar. Consequently, the euro-to-dollar exchange rate is on track to set the longest winning streak since 2004. -
Catch the AI Wave: Baidu Projected to Rise by 31%, says Goldman Sachs
Riding high on the AI trend, Goldman Sachs maintains a bullish stance on Baidu and includes it in their strong buy list. 
Riding high on the AI trend, Goldman Sachs maintains a bullish stance on Baidu and includes it in their strong buy list. -
SpaceX Predicts Doubling of Revenues to $8Bn, With Valuation Soaring to Nearly $150Bn
According to insider sources cited by The Information on July 18, Elon Musk's space exploration company SpaceX informed investors that it expects its 2023 revenues to hit $8 billion (around 57.2 billion yuan), approximately double that of the previous year. 
According to insider sources cited by The Information on July 18, Elon Musk's space exploration company SpaceX informed investors that it expects its 2023 revenues to hit $8 billion (around 57.2 billion yuan), approximately double that of the previous year. -
Analysts: Nvidia's Stock Still Has Room to Run as AI Demand Grows
As the primary beneficiary of this round of AI surge, Nvidia's stock price has doubled this year, yet analysts believe that with the continually surging demand for GPUs, Nvidia still has significant room for growth. 
As the primary beneficiary of this round of AI surge, Nvidia's stock price has doubled this year, yet analysts believe that with the continually surging demand for GPUs, Nvidia still has significant room for growth.
