Daily Brief Thematic (Sector/Industry): The Truth About China’s Generative AI Revolution Nobody Talks About with Grace Shao and more

• Deep Seek’s innovative approach challenged the global narrative around AI funding and proved successful in China’s capital ecosystem.
• Grace Shao, with a background in finance and journalism, provides deep insights on the interplay of innovation and geopolitics in the China AI ecosystem.
• The speed of technological advancement in China, such as the widespread adoption of digital payments, highlights the fast-paced nature of the tech sector in the country.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Stocks fell Thursday but ended July with solid gains, as investors eyed President Trump’s looming tariff deadline and digested strong earnings from Big Tech.
• Earnings from Meta and Microsoft bolstered confidence in AI-driven growth, with Meta surging over 11% on strong results and upbeat guidance
• The Fed’s preferred inflation gauge showed prices accelerating in June, keeping inflation above target. The Fed held rates steady, and odds of a September cut fell sharply.

• Will be a soft day for pharma after Trump insists drug makers cut costs.
• Applied Digital +31% with an additional 150MW order on the table from Correweave.
• Expect a U-turn for SPE after yesterdays strength despite the positive longer term outlook.