Major technology companies are buying like crazy! Broadcom CEO: The AI spending frenzy will continue until 2030.

The CEO of Broadcom also stated that the company's clients are developing a three to five-year investment plan for AI infrastructure, progressing very rapidly. By 2027, Broadcom's clients will deploy up to 1 million chips in AI Chip clusters, and Broadcom's AI Chips could bring the company hundreds of billions of dollars in annual revenue growth.

wallstreetcn37minutes ago

Annual review | The "report card" for Global major asset classes is out! Bitcoin has surged 136% this year, leading the world, with strong performances from US stocks, China assets, and Japanese stocks.

In this spectacular year, which asset classes have been dominant globally? Which market symbols have underperformed? Let's review together!

Futu NewsDec 19 19:21

CITIC SEC: How to view the impact of the FED's "hawkish" rate cut on US Technology stocks?

In the next 12 months, maintain an optimistic view on the US Technology Sector, with the Software SaaS Sector being the top pick, and the Hardware & Semiconductors Sector focusing on the two main lines of GenAI opportunity Diffusion and the cyclical industry recovery.

Zhitong Finance13:58

Microsoft Corporation (MSFT) Leads AI Investment in 2024, Purchasing 485,000 Nvidia GPUs to Power AI Infrastructure

Yahoo Finance11:10

NVIDIA Corporation (NVDA) Launches $249 Jetson Orin Nano Super, Expanding AI Accessibility for Hobbyists and Small Businesses

Yahoo Finance11:10

The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.

U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.

wallstreetcn07:26