PGIM Jennison Better Future ETF(PJBF.US)

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PGIM Jennison Better Future ETF
PJBF.US
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Apple-Google AI Pact Sidelines OpenAI, Cementing Gemini’s Ecosystem Lead

Apple has partnered with Google for a multi-year collaboration, utilizing Google's Gemini models and cloud technology to enhance Siri. This partnership is expected to improve Siri's capabilities and solidify Google's position in the AI ecosystem, pushing its market value past $4 trillion. The collaboration marks a shift in Apple's AI strategy, moving away from OpenAI, which may face challenges as Apple develops its own AI solutions. Analysts predict that Apple will launch AI-driven subscription services, potentially impacting ChatGPT's user base.

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Another IC design giant successfully entered NVIDIA's server supply chain! Realtek (2379) stock price opened with a gap and hit the daily limit, soaring by 37 TWD in a single day

Realtek (2379) has successfully entered NVIDIA's AI server supply chain, with its stock price hitting the daily limit at the opening, rising by 53 TWD compared to the previous trading day, an increase of 6.86%. This collaboration focuses on Realtek's high-performance solid-state drive controller chips, which are expected to be used in NVIDIA's Quantum-X platform. This move marks Realtek's progress in product transformation and is expected to enhance the average selling price and gross margin of its products, further improving the company's profit structure

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Primer and HitPay partner to unlock faster global expansion for Southeast Asia’s merchants

Global payment firm Primer and Singapore-based HitPay have partnered to enhance global market access for Southeast Asian merchants. This collaboration aims to simplify cross-border payment processing and compliance, addressing the complexities faced by micro, small, and medium enterprises (MSMEs) in the region. With the cross-border e-commerce market projected to exceed $76 billion by 2030, the partnership will enable merchants to sell internationally, particularly in the US and Europe, while maintaining high-performance payment experiences. The integration is expected to facilitate rapid international expansion for local businesses.

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China's victory in the AI competition relies on its power advantage. Musk estimates production will reach three times that of the United States, "the impact of chips will weaken over time."

In the global AI competition, Musk pointed out that China is expected to narrow the gap with the United States due to its advantages in electricity production scale, predicting that by 2026, China's electricity output will reach nearly three times that of the United States. A Goldman Sachs report shows that the U.S. power grid faces capacity shortages, while China's power reserve capacity will meet three times the global data center demand. Musk believes that although the U.S. restricts China's access to advanced semiconductors, the impact will weaken over time. Morgan Stanley analysts warn that the U.S. may face a power gap of up to 20% by 2028

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US Stock Market Close | S&P 500 Index Hits New High, Auto Retailers Lead the Way

U.S. stocks closed with the overall market continuing its strong performance, with all three major indices advancing together. The Dow Jones Industrial Average and the S&P 500 Index reached new historical highs, with the automotive retailers and engineering machinery sectors performing prominently, as AutoZone and Caterpillar rose by 2.98% and 1.97%, respectively. The Federal Reserve kept interest rates unchanged, and macroeconomic indicators show strong economic resilience, but caution is needed regarding potential volatility risks in the future

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