Apple's self-developed wireless chip will be put into new products released in 2025. It is reported that Apple's self-developed wireless chip will be put into new products released in 2025. The chips of Apple iPhone and home wireless devices are close to switching from Broadcom supply to self-developed products. The internal code of Apple's self-developed wireless chip is Proxima, which will be put into iPad and Mac in 2026.US lawmakers from Texas proposed to establish a strategic bitcoin reserve. It is reported that Giovanni Capriglione, a Republican state legislator from Texas, proposed legislation on Thursday to establish a strategic bitcoin reserve. The bill will allow the state to collect taxes, fees and donations in the form of bitcoins and hold these bitcoins for at least five years. Giovanni described it as a hedge against inflation. This proposal does not elaborate on the plan to buy Bitcoin directly. Texas is the region with the largest concentration of bitcoin miners in the United States. The legislation aims to encourage miners to use digital assets to pay taxes.The yield of US 10-year Treasury bonds rose to 4.316% after the auction results were announced, the highest level since November 26th.
Google: Sony and other companies plan to use the Android XR operating system in their devices.Intel executives: Over time, we may sell some of our positions in Mobileye.Sources: A few ECB policymakers initially hoped to cut interest rates by 50 basis points. Three sources said that several ECB policymakers initially hoped to cut interest rates more sharply on Thursday, and they were worried that the new US tariffs would hinder economic growth. The European Central Bank cut interest rates by 25 basis points on Thursday, and opened the door for more easing policies, as the euro zone economy was dragged down by domestic political instability and the threat of a new round of trade war in the United States. However, due to the low forecast of inflation and economic growth, about five of the 26 members of the official Committee initially advocated a 50 basis point interest rate cut. In particular, they pointed out that if the incoming Trump administration imposes new tariffs on the EU, the growth of economic output next year may be lower than the 1.1% expected by the European Central Bank. A small number of policy makers who called for greater interest rate cuts quickly gave in, adding that given the current uncertainty, people are reluctant to make a hasty decision.
On Thursday (December 12th), the overnight reverse repurchase agreements (RRP) of the Federal Reserve was 165.025 billion US dollars, compared with 180.120 billion US dollars in the last trading daily.CITIC Securities: It is estimated that the reverse repo rate will drop by 40-50bps next year, and the LPR and loan interest rates may drop even more. CITIC Securities Research Report believes that the Central Economic Work Conference will be held in Beijing. On the whole, the policy level is fully aware of the grim situation that external pressure may increase significantly within next year, and has put forward a series of requirements such as stable growth, stable prices, stable employment and stable people's livelihood. From the perspective of fiscal policy, the amount of financial instruments supporting the real economy will be comprehensively increased, the government's disposable financial resources will be significantly improved, and the fiscal expenditure structure will be tilted to the marginal consumption of people's livelihood. From the perspective of monetary policy, the meeting called for the implementation of a moderately loose monetary policy, timely lowering the RRR and cutting interest rates. We expect the reverse repo rate to drop by 40-50bps next year, and the LPR and loan interest rates may drop even more.Goldman Sachs analysts predict that the European banking industry will be in a difficult situation in 2025. The challenges they face include low interest rates, slow growth and prominent political uncertainty.
Strategy guide 12-14
Strategy guide
12-14