Part 11/14:
In Europe, the ECB plans to hold rates steady but hints at possible rate cuts in June to stimulate sluggish GDP growth, which currently hovers around 2.4% inflation—within target but under pressure from economic stagnation.
Stock Market Trends and Tesla’s AI Push
In stocks, recent weeks have seen a mixed bag: Google and Apple up slightly, Meta dropping notably, but Tesla surging a massive 28% this week. Elon Musk’s focus on AI underscores Tesla’s strategic push into inference—real-time AI application critical for autonomous vehicles—which Musk claims will generate over $10 billion in AI-related revenue this year.