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29/04/2025
Spot gold rose by $4 on Tuesday to close at $3348 per ounce.
Latest
2 m ago
The survey shows that South Korea's exports in April may shrink.
2 m ago
Due to the United States imposing comprehensive tariffs, South Korea's exports in April may shrink. The average estimate from 17 economists interviewed by The Wall Street Journal shows an expected year-on-year decrease of 2.7% in April, compared to the revised growth of 3.0% in March. Automobile exports may decline as President Trump imposed a 25% tariff on imported cars starting from April 3rd. Senior economist at ING, MinJoo Kang, stated, "Imports are expected to decrease faster, maintaining a trade surplus." Surveys suggest that imports may drop by 7.0% year-on-year, leading to a trade surplus of $4.05 billion in April, compared to the revised surplus of $4.92 billion in March. Trade data will be released on Thursday.
3 m ago
Coretronics launches automotive-grade intelligent driving SoC design platform.
4 m ago
CITIC Securities: Focus on high-growth, low-valuation AI computing power targets.
4 m ago
CICC Research Report stated that China Mobile's "Super Wan Card Domestic Intelligent Computing Center Project" and "Yangtze River Delta Intelligent Computing Center Project", as well as China Unicom's "Wujiang Computing Power Center Project" have each received record filings with total investments exceeding 141 billion yuan. On April 24th, Google released its 2025 Q1 financial report, with capital expenditures of 17.2 billion US dollars, a year-on-year increase of 43%, and maintained its annual capital expenditure guidance of 75 billion US dollars. The company stated that the user base of Google's AI tools has significantly increased. In addition, recently listed companies have disclosed their 2024 annual reports and 2025 Q1 reports, and based on the financial report information disclosed so far, companies in the AI computing power industry have shown good performance, confirming that the industry remains in a high prosperous state. It is recommended to continue to focus on targets with high growth rates and low valuations.
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