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19:06
Musalem: Oil price shocks may push core inflation close to 3%
According to Golden Ten Data, Federal Reserve's Mousalem stated that the oil price shock may be driving core inflation higher, and it is expected that core inflation will approach 3% by the end of the year.
19:04
Mussalem: Supply shocks pose risks to the Federal Reserve’s inflation and employment targets
According to Golden Ten Data, the Federal Reserve's Musalem stated that supply shocks pose risks to the Fed's inflation and employment targets, and that the current interest rate range "may be appropriate for some time."
18:38
Report: Google parent company Alphabet is expected to receive a $100 billion "windfall" from its SpaceX investment
By the end of 2025, Google will hold a 6.11% stake in this company under Elon Musk. After the merger between SpaceX and xAI in February, Google's share may be diluted to around 5%. Based on an IPO valuation of 2 trillion USD, this stake would be worth 100 billion USD. This listing will solidify Elon Musk's position as the world's first trillionaire and increase the personal wealth of long-term associates such as President Gwynne Shotwell, with early supporters expected to reap massive returns. (Bloomberg)
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