#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
Mingzhi Electric: New Eternal Company's shareholding ratio has fallen below 5%.
According to Jin Ten Data on March 21, Ming Zhi Electric announced that New Eternal Company plans to reduce its holdings by no more than 8 million shares between December 23, 2024, and March 23, 2025, accounting for 1.9098% of the company's total share capital. As of the announcement date, New Eternal Company has cumulatively reduced its holdings by 5.5913 million shares through centralized Bidding and Block Trading, accounting for 1.3348% of the company's total share capital, with the current shareholding ratio at 5%.