October 2026

JPMorgan expects AI hyperscale data center operators to invest approximately $5.5 trillion by 2030, an increase of $400 billion from its previous forecast. Of this total, about $4.1 trillion is expected to come from debt financing, indicating that these companies will rely on borrowed funds to cover a larger proportion of their expenditures. The bank

Gold remains in a broad consolidation phase as investors await greater clarity on interest rates and inflation, but the long-term bullish thesis remains intact. Analysts note concerns over currency devaluation, potentially lower real interest rates, and, most importantly, the possibility that central banks may accelerate gold purchases again after this year’s economic slowdown. June 17

• Wells Fargo recently raised its S&P 500 index target for end-2026 to 7,950 from 7,300. • The upward revision is attributed to stronger corporate earnings, an interim U.S.-Iran agreement that eased macroeconomic risks, and a recent market pullback that reshaped investor sentiment. • The new target implies the S&P 500 still has nearly 6%

Global investors are flocking to the U.S. dollar, betting that the artificial intelligence boom will help the world’s largest economy perform strongly this year and force the Federal Reserve to keep interest rates high. According to data from the Commodity Futures Trading Commission (CFTC), bullish bets on the dollar rose last week to their highest

The International Energy Agency (IEA) expects that despite the anticipated signing of a memorandum of understanding between the United States and Iran this week, a full restoration of traffic through the Strait of Hormuz — a globally critical energy transport artery — will still take several months. The IEA projects that global oil demand will

① Yann LeCun stated that Elon Musk’s xAI has become a “failure case,” with the departure of its founding team making it difficult to attract top AI talent and challenging to compete with OpenAI and Anthropic. ② He warned that AI service costs remain high, and user payments are insufficient to cover losses. If prices

As the US-Iran memorandum of understanding took effect, the Strait of Hormuz entered a reopening phase on Thursday, with stranded tankers gradually activating their AIS signals and transiting the strait. Vice President Vance stated that more than 12 million barrels of crude oil had passed through “overnight.” However, mines remain in the middle of the

On the 20th local time, Los Angeles Mayor Karen Bass issued a statement saying that, as a large commercial warehouse fire in the city continues to burn, the city has declared a local state of emergency to ensure it has the resources needed in the coming days to continue efforts to extinguish the large warehouse

Following the US-Iran agreement aimed at the full reopening of the Strait of Hormuz, Iraq has asked operators of its five major oil fields to raise production to pre-war levels, targeting an output exceeding 3 million barrels per day. According to documents seen by the media, Iraq’s state-owned Basra Oil Company has requested the five

Goldman Sachs recently lowered its 2026 year-end gold price forecast by $500 per ounce, as the Fed is not expected to cut interest rates again this year. In recent years, the Wall Street giant has been one of the most steadfast and high-profile bullish voices in the gold market. This downward revision to the gold