#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
NavInfo: has formed a tier 1 business map integrating cockpit domain with intelligent driving domain, driving domain with parking domain
On October 18th, Jinshi Data News: NavInfo stated on the interactive platform that the company has formed a tier 1 business map with the integration of the cockpit domain and intelligent driving domain, and the driving domain and parking domain, with the base modules of maps, positioning, data compliance, and vehicle-grade chips. It has successively won production orders from several top domestic independent brand car manufacturers. NavInfo also released innovative achievements such as mid-range intelligent driving, mid-to-high range intelligent driving solutions, and the integrated chip AC8025AE for cockpit, driving, and parking at the 2024 User Conference.