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Market Impact: 0.25
Wednesday's Final Takeaways: Moonshot AI's Talks with MSFT, AMZN, GOOGL; PCE Sees Uptick
Source: youtube.com
Artificial IntelligenceInflationEconomic Data

China’s “Moonshot AI” is reportedly in talks with several Mag 7 companies over Kimi revenue sharing, signaling potential AI monetization partnerships. Separately, U.S. core PCE came in slightly hotter than expectations, keeping inflation risk in focus for investors. Net impact is likely modest near-term: stock-specific interest around AI deals, with broader rates sensitivity driven by the hotter inflation print.
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