difference between crypto and digital currency- Top snippets

The performance of deep thinking AI model exceeds the existing weather forecast. A study published in the new issue of Nature reported the latest machine learning model introduced by deep thinking. The model can make reliable probabilistic weather forecast according to current and future weather, and its performance not only exceeds the best traditional medium-range weather forecast, but also can better predict extreme weather, tropical cyclone route and wind energy production.Market participants: In 2025, the steel industry may deduce the upstream profit-making logic. At the 2025 China steel market prospect and the annual meeting of "My Steel", whether the profit space of steel enterprises can be enlarged in 2025, whether the supply-side capacity will be withdrawn in an orderly manner, and what factors should be relied on for the long-term development of enterprises have become the minds of many participants. The industry believes that the survival pressure of steel enterprises may be eased in 2025. The upstream supply of iron ore, coke and coking coal will reduce their prices, and the cost of steel enterprises will fall. The market may deduce the upstream profit-making logic. Market participants said that although steel prices are still expected to decline in 2025, the profit margin of steel enterprises may increase. (SSE)Most ETFs in the US stock market closed up, with semiconductor ETFs rising by over 2.4%, Broadcom by over 6.6% and NVIDIA by over 3.1%. On Wednesday (December 11th), semiconductor ETFs closed up by 2.45%, Internet stock index ETF rose by over 2%, global aviation ETF, optional consumer ETF, technology industry ETF and global technology stock index ETF rose by 1.81%-1.17%. Semiconductor concept stocks rose almost across the board, Broadcom rose by 6.63%, NVIDIA Double Long ETF rose by more than 6.1%, Laidisi Semiconductor rose by more than 5.9%, NVIDIA rose by 3.14%, while Intel, Cisco, stmicroelectronics ADR and Chipscreen fell by 0.2%-0.65%.

List of A-share share repurchase: 16 companies disclosed the progress of repurchase, and on December 12, a total of 16 companies issued announcements related to share repurchase. Among them, four companies disclosed the stock repurchase plan for the first time, two companies' repurchase plans were approved by the shareholders' meeting, four companies disclosed the implementation progress of stock repurchase, and six companies' repurchase plans have been implemented. Judging from the initial disclosure of the repurchase plan, the amount of a company's stock repurchase plan on that day exceeded 10 million. Nanshan aluminum, Longzhu Science and Technology and Longzhu Science and Technology have the highest repurchase plans, and they plan to repurchase no more than 600 million yuan, 5,895,100 yuan and 1,171,000 yuan respectively. Judging from the repurchase plan passed by the shareholders' meeting, the repurchase plans of two companies exceeded 10 million on that day. Huaan Securities and Tongkun have the highest repurchase amount, with the planned repurchase not exceeding 200 million yuan and 51,966,700 yuan respectively. Judging from the implementation progress of repurchase, Shunluo Electronics, Shengquan Group and Hailiang have the highest repurchase amounts, with 9.009 million yuan, 3.8251 million yuan and 3.5187 million yuan respectively. Judging from the completed repurchase, the repurchase amount of four companies on that day exceeded 10 million. Chengda Pharmaceutical Co., Ltd., Jinshi Resources Co., Ltd. and Yingfangwei Co., Ltd. have completed the highest repurchase amounts, with 57,061,600 yuan, 53,158,000 yuan and 31,405,600 yuan respectively.The United Nations General Assembly voted to pass two Gaza-related resolutions, and the United States and Israel voted against them again. On December 11th, local time, the 10th emergency special session of the United Nations General Assembly resumed. Before the end of the General Assembly, the General Assembly voted to adopt two resolutions, calling for a ceasefire in Gaza and the release of detainees, and supporting the activities of UNRWA. Among them, the resolution supporting the United Nations Relief and Works Agency for Palestine Refugees in the Near East in fulfilling its mandate received 159 votes in favor, 11 abstentions and 9 votes against. The resolution affirmed its full support for the Agency's mission and denounced the relevant Israeli legislation. The resolution calling for a ceasefire in Gaza received 158 votes in favour, 13 abstentions and 9 votes against. The resolution once again called on Gaza to cease fire and release the detainees, and emphasized the importance of accountability. The United States and Israel voted against both resolutions.The output of new energy vehicles takes the lead to seize the new highland of intelligent competition. BYD, GAC Ai 'an and Xpeng Motors, these new energy vehicle brands have helped Guangdong-Hong Kong-Macao Greater Bay Area become the highland of new energy vehicle industry in China. The data shows that one out of every four new energy vehicles in China is "made in Guangdong". At present, a number of leading enterprises in Guangdong-Hong Kong-Macao Greater Bay Area have emerged, such as Shenzhen Yinwang, Zhuoyu, Wen Yuan Zhixing, Xiaoma Zhixing, Desai Xiwei and Sagitar Juchuang, which have formed a perfect intelligent networked automobile industry chain. According to the insiders, intelligentization provides power for the "second half" of the development of new energy automobile industry, and Guangdong-Hong Kong-Macao Greater Bay Area is seizing the new highland of intelligent networked automobile industry.

The Swiss National Bank sharply cut interest rates by 50 basis points, and the Swiss National Bank lowered the benchmark interest rate by 50 basis points to 0.50%, which is the fourth consecutive interest rate cut. The market generally expects to cut interest rates by 25 basis points.CICC: The CPI of the United States rose as scheduled in November, but it did not hinder the interest rate cut. CICC released a research report saying that the CPI and core CPI of the United States both rose to 0.31% in November, which was basically in line with the market and its expectations. For the post-election policies, if the immigration and tariff policies are too radical, it will bring pressure to inflation at the end of next year, which will have an impact on the market and even the mid-term elections. Therefore, before the mid-term elections, due to the "realistic constraints" of inflation, the inflation policy will be faster, but the scope may be limited, while the growth policy will be faster, and then the overall assets will still be positive. According to the difference between the natural interest rate and the real interest rate, CICC estimates that after the interest rate cut in December, there may still be two or three interest rate cuts in 2025, with the end point of interest rate cut at 3.5-3.75% and the center corresponding to long-term US debt at 3.8-4%.Israeli air strikes in southern Lebanon killed five people. On the 11th, Lebanese health authorities said that Israeli air strikes in southern Lebanon that day had caused five deaths. On the same day, the Lebanese military issued a statement saying that a fierce exchange of fire was observed between the Israeli army and Hezbollah in southern Lebanon near the temporary border between Lebanon and Israel. In this regard, the Israeli army and Hezbollah have not responded for the time being.