Broadcom said that the market size of the company's artificial intelligence (AI) accelerator is expected to be $15 billion to $20 billion next year.KeyBanc keeps track of Salesforce Co., Ltd., with an over-rated rating and a target price of $440.Peru's central bank kept its benchmark interest rate unchanged at 5%.
Brazil's stock index closed down 2.67%, the biggest drop since January 2023 after the Brazilian central bank raised interest rates.The first fiscal quarter EPS of the market opener/Costco was $4.04, and analysts expected $3.81.Goldman Sachs: Two situations support the view that the reserve price of Brent crude oil is $70. Goldman Sachs: We find that when the price of Brent crude oil falls to the range of $60/barrel, the supply response measures of the United States will increase, and the Organization of Petroleum Exporting Countries (OPEC) tends to extend the production reduction around the current price level, which supports our view that the reserve price of Brent crude oil is $70/barrel.
Li Tie's case was pronounced in the first instance today. The Procuratorate of Xianning City, Hubei Province accused Li Tie of five crimes, including bribery, bribery by the unit, bribery by non-state staff and bribery of non-state staff. It is understood that today, the court will make a first-instance judgment on this case. At present, the police car escorting Li Tie has entered the Xianning Intermediate People's Court. (CCTV News)The probability that the Fed will cut interest rates by 25 basis points in December is 94.7%. According to CME's "Fed Watch", the probability that the Fed will keep the current interest rate unchanged by December is 5.3%, and the cumulative probability of cutting interest rates by 25 basis points is 94.7%. The probability of keeping the current interest rate unchanged by January next year is 4.1%, the probability of cutting interest rates by 25 basis points is 73.7%, and the probability of cutting interest rates by 50 basis points is 22.3%.Morgan Stanley downgraded Wharf to low allocation with a target price of HK$ 20.