Hong Kong stocks closed, the Hang Seng Index closed down 0.99%, the index closed down 2.35%. Most auto stocks fell, XPeng Motors (09868.HK), Li Auto (02015.HK) closed down about 7%, Evergrande Automobile (00708.HK) closed down about 6%, BYD shares (01211.H...

On April 23rd, according to a person familiar with the matter, Intel (INTC. O) will announce plans to cut more than 20% of its workforce this week, aiming to cut the troubled chipmaker's bureaucratic hierarchy. The person said the move is to streamline management and rebuild an engineer-led corporate culture. It will be the first major restructuring since new CEO Chen Liwu took office last month. The layoffs come on the heels of a plan to cut about 15,000 people last year (the round of layoffs w...

Spot gold fell for a second day in a row after breaking through the $3,500/oz mark for the first time, as investors took profits as U.S. President Donald Trump appeared to unleash a conciliatory stance. Gold prices fell as much as 1.9% in early Asian trading on Wednesday, after closing down 1.3% in the previous session. Gold prices began falling shortly after hitting a record high of $3,500.10 on Tuesday, as risk appetite improved, stocks rallied, and bond markets and the U.S. dollar stabilized....

Spot gold continued to recover lost ground, surpassing $3,360/ounce and rebounding by $50 from its daily low.

According to farside monitoring, yesterday FBTC net inflow of $253.80 million, ARKB net inflow of $267.10 million. BITB net inflow of $76.70 million, GBTC net inflow of $65.10 million, grey release BTC net inflow of $21.10 million, EZBC net inflow of $1160, HODL net inflow of $6.50 million.

According to farside monitoring, yesterday FETH net inflow of 32.70 million dollars, ETHW net inflow of 6.10 million dollars.

According to analyst Ember monitoring, a giant whale that is long ETH in the form of circular loans has once again increased its leverage to build a position. It lent 34.75 million USDT through Aave 2 hours ago and bought 19,972.8 ETH at an average price of $1,740. It is worth noting that the address sold 30,894 ETH stops at $1790 last month due to the decline of ETH, losing about $40 million. The current 50,000 ETH positions after new leverage are at risk of liquidation, and the liquidation pri...

April 23rd news, according to market news, Tesla Quarter 1 revenue of $19.34 billion, expected 21.37 billion dollars. Tesla Quarter 1 operating profit of $399 million, expected 1.13 billion dollars. Tesla Quarter 1 adjusted earnings per share of 27 cents, expected 43 cents. Tesla said it will revisit the 2025 guidance in the second quarter earnings update.

Tesla CEO Elon Musk said on Tesla's (TSLA. O) earnings call that he will continue to advocate for lower tariffs, but the decision on tariffs is entirely up to U.S. President Donald Trump. Mr. Musk said he would provide my advice to the president, who would listen to me, but ultimately make his own decision. I have said publicly many times that I believe that lowering tariffs is generally good for prosperity, but that decision ultimately comes down to the president-elect who represents the people...

Charles Gasparino, a senior correspondent for Fox Business, said today was a day of compromise: stock index futures rose as Mr. Trump appeared to back down on trade policy and Mr. Powell's departure, and Mr. Musk vowed to phase out the government's efficiency ministry and return to Tesla's main business. Despite the dismal quarterly results, Tesla's stock price unexpectedly rose after hours after slumping for most of the year. The market is like that, it always forces you to bow down and throw i...

According to market news, US President Trump said that tariffs on Chinese goods will not be as high as 145%, and tariffs will be significantly reduced, but not zero. When Trump was asked if he would take a tough stance on China, he said no.

On April 23rd, according to Decrypt, the European Union Data Protection Board has approved draft rules governing how personal data is stored and shared on the blockchain. The European Union Data Protection Board (EDPB) said the new guidelines restrict access to stored information and comply with the protection provisions of the General Data Protection Regulation (GDPR). The EDPB approved the rules this month and is open for public comment until June 9. So...

On April 23rd, the Nikkei 225 index rose by 1.58%, and South Korea's KOSPI index rose by 1.36%.