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20/05/2026
Citibank still believes that the oil market has underestimated the duration of the cycle and tail risk.
Latest
2 m ago
Google CEO Pichai stated at the 2026 I/O Developer Conference that the monthly active users of the Gemini AI application have more than doubled in the past year, reaching 9 billion daily requests, an increase of over 7 times. He added that the company is currently processing over 3.2 trillion AI tokens per month, a growth of about 7 times from the 480 trillion a year ago, and significantly higher than the 97 trillion level in May 2024. Pichai said that the rapid growth of Gemini has driven Alphabet's stock price up by 25% this year and further solidified the company's leading position in global artificial intelligence research.
2 m ago
Qualcomm's stock price fell by 3%.
5 m ago
As competition in artificial intelligence continues to intensify, Google has directly "lifted competition restrictions" at the I/O developer conference to challenge OpenAI and Anthropic in AI model pricing. In order to attract software developers and enterprise clients to use its AI models, Google has launched lower prices and stronger programming tools. At the same time, the company introduced a basic AI Ultra subscription tier for $100 per month to fill the gap between consumer and professional levels, and reduced the price of the high-end AI Ultra subscription from $250 to $200. Unlike Anthropic's premium pricing strategy, Google CEO Sundar Pichai stated that Google's low-priced models will offer most of the advanced security and programming capabilities at a lower cost. Although Google's most powerful models have always been referred to as "Ultra", the company is now expanding its capabilities to the more affordable "Flash" and "Pro" series.
9 m ago
In March, the number of tourists entering Jamaica decreased by 20.8% compared to the same period last year.
10 m ago
As of the close of the day, the price of light crude oil futures for June delivery on the New York Mercantile Exchange fell 89 cents to $107.77 per barrel, a decrease of 0.82%; the price of Brent crude oil futures for July delivery in London fell 82 cents to $111.28 per barrel, a decrease of 0.73%.
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