EIA Short-Term Energy Outlook Report: WTI crude oil prices are expected to be $70.68/barrel in 2025, compared to previous expectations of $70.62/barrel; Brent crude oil prices are expected to be $74.22/barrel in 2025, compared to previous expectations of $74.50/barrel.
On February 25th, U.S. consumer confidence fell sharply in February, and pessimism about the future has returned. The Consumer Confidence Index fell 7 points to 98.3 in February, while the Expectations Index fell 9.3 points to 72.9, according to Conference Board data. For the first time since June 2024, the Expectations Index fell below the 80 threshold that signals a recession. Stephanie Guichard, Conference Board senior economist, said: "The Consumer Confidence Index recorded its largest one-m...
In an announcement on the Hong Kong Stock Exchange, Alibaba said it plans to invest at least 380 billion yuan (US $53 billion) over the next three years to build cloud computing and AI infrastructure, further committed to long-term technological innovation, highlighting the company's focus on AI-driven growth and positioning as a leading global cloud computing provider.
Buffett did not mention artificial intelligence, Nvidia, bitcoin, chips and other topics in this year's open letter to shareholders.
Berkshire Hathaway A's full-year revenue in 2024 is $371.433 billion, compared to $364.482 billion in the same period last year, and the market expectation is $371.953 billion. Berkshire Hathaway A's full-year net profit in 2024 is $88.995 billion, compared to $96.223 billion in the same period last year, and the market expectation is $60.706 billion.
The fair value of Berkshire Hathaway A's fixed income securities investments as of the end of 2024 is $15.214 billion, of which the fair value of investments in U.S. bonds, foreign bonds, and corporate bonds is $4.447 billion, $9.443 billion, and $1.324 billion, respectively.
Buffett released his annual letter to shareholders, saying that Berkshire has exceeded his expectations in 2024, will always invest the vast majority of its money in stocks, will stick to American companies and continue to bet on Japan. Click to view...
The final forecast for one-year inflation in the United States in February was 4.3%, the highest since November 2023, and the forecast was 4.30%, the previous value was 4.30%. The final forecast for five-to-ten-year inflation in the United States in February was 3.5%, and the forecast was 3.30%, the previous value was 3.30%. The month-on-month increase in consumer long-term inflation expectations surveyed by the University of Michigan was the largest since May 2021.
February 21st news, the industrial Fulian announced that in 2024 to achieve operating income of 609.135 billion yuan, an increase of 27.88%; net profit attributable to shareholders of listed companies was 23.216 billion yuan, an increase of 10.34%. The growth is mainly due to the growth of AI computing power demand, the company's cloud computing business income increased significantly, AI server operating income increased by more than 1.5 times. At the same time, the company also achieved steady...
Morgan Stanley's chief investment officer said that unless the 10-year Treasury yield continues to fall below 4.5% and there is no significant deterioration in growth, it will continue to prioritize large-cap quality stocks. Click to view...
According to the official website data, the probability of predicting "Litecoin ETF will be approved this year" on Polymarket is now 85%. According to CoinGecko data, the market value of LTC is temporarily quoted as 10.18 billion US dollars, ranking 18th in the cryptocurrency rankings, rising 2.4% in 24 hours. At 7:00 on February 21, according to the DTCC official website, the Canary Litecoin Spot ETF has been listed on the DTCC official website with the code LTCC, and the creation/redemption co...
The Federal Reserve's Bostic: We still expect two rate cuts this year, but there is a lot of uncertainty.
According to CNBC: As of February this year, OpenAI reached 400 million weekly active users.