#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
Leapmotor is stepping up its smart driving development and will achieve end-to-end boarding next year
On November 11th, Jins data, during the Zero Run third-quarter financial report meeting, Zero Run revealed that it is increasing its investment in smart driving research and development. On the basis of the existing high-speed NAP and urban NAC functions, Zero Run is developing an end-to-end AI large model smart driving system, which is expected to be mass-produced in 2025; at the same time, Zero Run will expand its smart driving research and development team and plans to expand its team to 500 people by the end of the year.