Atlanta Fed: Majority Of US Businesses Plan To Keep Or Reinvest Tariff Refunds
The Atlanta Fed Macro blog looked at how firms were using their tariff refunds. They surveyed around 1100 C-suite executives and asked respondents to select all the options that applied to them. They found 75.2% were keeping the cash, 52.5% said they would reinvest it and 17.2% said they would give customer rebates. Only 14.8% said they would use it to lower prices. (via UBS)
.@AtlantaFed conducted a recent special survey on tariff refunds, with nearly a quarter of execs reporting they are seeking or have already a received a refund
Atlas-950 SuperCluster service will start service in HW Cloud on 9/30 in domestic mkt & 11/30 for oversea.
Apparently, Minimax demonstration integration w/ HW Cloud & Atlas w/ its multi-modal models. Looks like DS, Zai & Minimax are all going to heavily use Ascend compute.
Atlantic Records sat on “Pink Pony Club” for a year, released it in 2020, then dropped Chappell Roan four months later.
Five years later, it reached No. 4 on the Billboard Hot 100.
Atlanta, it’s time to hoop 👀
We’re teaming up with @HoopItUp to bring 3x3 hoops to the A for players of all ages and skill levels
Round up your squad and secure your spot:
ATLANTA FED GDPNOW SURGES ABOVE 5%
The Atlanta Fed’s GDPNow estimate for Q3 growth jumped to 5.1% from 4.42%, driven largely by stronger consumer spending after today’s retail sales data.
Real consumption is now expected to contribute 2.83 percentage points, while private domestic final purchases are tracking at a powerful 4.7%.
Market angle: exceptionally strong growth complicates the Fed outlook, reinforcing the case for tighter policy as inflation remains elevated.