#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
Aethir Partners with GMI Cloud and GAIB to Offer Advanced GPUs for AI Development
Aethir, the DePin “GPU-as-a-service” provider, announced a partnership with GMI Cloud, AI cloud service provider, and GAIB, an AI economic layer. These three will support H200 Tensor Core GPUs for global AI developers.