Article by EDITORIAL TEAM

Key Points: China's Q1 GDP grew 5%, exceeding expectations. Manufacturing and exports were the primary growth drivers. Consumer spending remains weak despite overall growth. Government likely to focus on boosting domestic demand. China's economy showed stronger-than-expected growth in the first quarter, largely due to robust manufacturing and exports. This expansion comes despite ongoing global uncertainties, including the war in Iran, which has had limited immediate...

Key Points: Gold prices rose on hopes for a diplomatic resolution to the Iran war. US and Iran consider extending ceasefire despite ongoing Strait of Hormuz blockade. Softer crude prices eased inflation concerns, influencing central bank rate decisions. Gold is transitioning from moving in-step with risk assets, sensitive to real yields. Gold prices advanced after a two-day decline, as renewed optimism for a diplomatic end...

Key Points: Oil prices stable as US and Iran consider extending ceasefire and peace talks. Strait of Hormuz remains largely paralyzed by blockades from both sides. Iran warns against prolonged US blockade, threatening to cut Persian Gulf trade. Crude market disrupted by unprecedented supply shock; prices remain volatile. Oil prices remained stable as signs emerged that the U.S. and Iran might extend their ceasefire and...

Key Points: Investors await Netflix earnings, focusing on content spending and ad growth. Netflix faces tougher competition after its failed bid for Warner Bros Discovery. Expected Q1 revenue increase of 15.5%, with $634 million from advertising. Netflix is expanding live programming to boost ad revenue and subscriptions. Investors will closely watch Netflix when it reports quarterly earnings on Thursday. They expect the streaming giant to...

Key Points: Meta and Broadcom expand partnership for custom AI processors until 2029. The deal includes over one gigawatt of computing capacity. Broadcom CEO Hock Tan moves to an advisory role for Meta's chip strategy. Meta aims to reduce reliance on costly Nvidia processors for AI. Meta will team up with chip designer Broadcom to create several generations of custom artificial intelligence processors. This expanded...

Key Points: Samsung SDS shares surged over 17% after KKR's $820 million investment. The investment boosts Samsung SDS's AI infrastructure and full-stack AI solutions. KKR will advise Samsung SDS on M&A, capital, AI, and global expansion. The deal reflects increasing demand for AI and digital transformation solutions. Shares of Samsung SDS surged as much as 21.3% on Wednesday after global private equity firm KKR agreed...