Waller’s debut is imminent; surveys project the Fed will hold rates steady until 2027, and reforms to its communication framework gain support.

Amid intense external scrutiny, Kevin Warsh is set to chair his first Federal Open Market Committee (FOMC) meeting as Chair of the Federal Reserve. According to a survey, respondents widely expect the Fed not to adjust interest rates at this meeting and to remain on hold until 2027.

cls.cn22:47

Will computing power become the new oil? Exploring industry efforts to turn AI computing power into a tradable commodity

Will GPU computing power become the new oil? Unveiling the race in AI computing power futures. For decades, companies have relied on futures markets to hedge against operational uncertainty: airlines hedge fuel costs, farmers lock in crop prices, and manufacturers mitigate risks from fluctuations in metal raw material prices. Now, a startup aims to introduce this well-established financial instrument into the field of artificial intelligence. Silicon Data, a cloud data pricing service provider, has partnered with CME Group to launch the world’s first futures contracts benchmarked to AI computing power.

Global Markets Update2minutes ago

Databricks Launches General-Purpose AI Agent, Betting on the Enterprise AI Application Market

① Databricks has launched Genie One, an AI agent tailored for enterprise users, enabling employees to obtain answers from internal data and support decision-making; ② Databricks also simultaneously introduced Genie Agents and Genie App Builder, along with Genie Code, a coding-focused AI agent designed specifically for developers.

cls.cn4minutes ago

Iran’s ceasefire is merely an appetizer; three major risks still loom over the market.

U.S.-Iran peace talks have driven oil prices lower, temporarily easing geopolitical risks. According to Bloomberg strategist Jan-Patrick Barnert, market attention is now shifting to three new sources of pressure: Warsh’s first FOMC meeting may deliver a hawkish signal, direct U.S. intervention in the AI industry, and an IPO wave led by SpaceX. Brian Garrett of Goldman Sachs’ trading desk noted that the recent rebound in U.S. equities has been primarily driven by short-covering, with long investors yet to genuinely enter the market, leaving its foundation still fragile.

wallstreetcn14minutes ago

Oil and US Gas Prices Retreat on US-Iran Ceasefire

Yahoo Finance22:37

Trump TACOs again—what’s the cost?

Trump announced a U.S.-Iran ceasefire, prompting a sharp rally in global risk assets. However, the unusual signal of gold rising in tandem is warning investors that this 'TACO rally' differs from previous episodes, with its hidden cost potentially being an accelerating erosion of dollar credibility.

wallstreetcn21:08