To The Moon

Macro policy expectations and technology capital flows collided sharply on the evening of October 15, as UBS's forecast for the Federal Reserve's rate hike path, Apple's progress in bringing its AI to China, Blackstone Group LP's massive capital deployment, and regulators' scrutiny of leading AI companies together outlined the key variables shaping the current market.

Inflation pressure remains stubborn, with U.S. September PPI data showing a year-on-year increase of 6.3%, a figure significantly above market expectations, adding uncertainty to the direction of monetary policy.

Against this backdrop, UBS Group AG (NYSE: UBS) adjusted its interest rate forecasting model and now expects the Federal Reserve to carry out a third rate hike in March 2027, a timeline far later than the easing cycle previously widely anticipated, suggesting that the high interest rate environment may prove more persistent than the market imagines.

The infrastructure race and product launches among tech giants are accelerating in tandem.

Cook confirmed that Apple Inc (NASDAQ: AAPL)'s AI has already received approval in China and is planned to roll out a beta version by the end of October, marking a key breakthrough in its localization strategy.

At the same time, Blackstone Group LP (NYSE: BX) announced a full-scale push into artificial intelligence, with its data center investment of up to $200 billion becoming the core of its layout, demonstrating extreme optimism from traditional financial capital toward AI computing demand.

Compiled data shows that such heavy-asset investment is rapidly reshaping the global data center supply chain landscape.

Tighter regulation and innovation in institutional services form a sharp contrast.

The New York City Comptroller urged Anthropic to pause its IPO process, citing the need for a more thorough assessment of its potential risks; the U.S. Federal Trade Commission has also requested documents related to specific incidents from Anthropic and OpenAI, escalating the intensity of its review.

On the other hand, Ripple Prime launched perpetual contract trading services for traditional assets aimed at institutional clients, attempting to expand the connection channel between DeFi and TradFi within a compliant framework.