Goldman Sachs estimates AI-driven price rises in memory, software and electricity are adding more than 0.2 percentage points to US core PCE YoY inflation now and will lift that contribution to 0.5 percentage points by year-end.

Private fund tracker Simuwang said the number of private securities managers with at least 10 bln yuan AUM reached 142 as of June 30, up 29 from the end of last year and up 3 since end-May, a record high. Among 100 firms with performance records, average 1H return was 13.36%, versus a 7.55% rise in the CSI 300. Ninety-one percent posted positive 1H returns and 27 firms delivered gains above 20%.

美联储半年期报告：原本强劲的通胀在春季进一步加速。