The ISM manufacturing index for the United States in January entered expansion territory for the first time since October 2022.
Hong Kong stocks were mixed on the first trading day of the Year of the Snake. Driven by technology stocks in the afternoon, the Hang Seng Index and the Hang Seng Technology Index both bottomed out and rebounded. By the end of the day, the Hang Seng Index's decline narrowed to 0.04%, and the Hang Seng Technology Index rose 0.29% in late trading. Specifically, semiconductor, chip, AI concept and other sectors rose throughout the day. Kingsoft Cloud performed well, rising 31% during the day. SMIC ...
New analysis from QCP Capital points out that the Trump administration's first round of trade policies has triggered wild volatility in global markets. The yield curve has flattened in a bear market, with two-year yields rising and 10-year yields falling, indicating concerns about short-term inflation and the long-term risks to global growth from the trade war. The widening gold price gap between New York and London reflects not only the popular EF...
Utah could become the first state in the US to establish a bitcoin reserve because of its short legislative window and "political momentum". Dennis Porter, CEO of the Satoshi Action Fund, said in an interview with U.S. Senator Cynthia Lummis on February 2 that Utah has a good chance of becoming the first state in the United States to establish a bitcoin reserve because they only have 45 days to make a decision. Dennis Porte said in an interview on January 21: "It's either a success in 45 days or...
On February 2nd, local time on February 1st, US Secretary of State Rubio arrived in Panama City, the capital of Panama, by plane to officially start his visit to Panama. This is also Rubio's first foreign visit after taking office as US Secretary of State. He will start in Panama and visit five Latin American countries including Guatemala, El Salvador, Costa Rica, and Dominica. According to the currently announced itinerary, Rubio will meet with Panamanian President Mulino and visit the Panama C...
Meta CEO Mark Zuckerberg recently announced the sales data of Ray-Ban smart glasses for the first time, saying that more than 1 million pairs of Ray-Ban smart glasses will be sold in 2024.
The Rafah border crossing was opened for the first time since last May, allowing Palestinian patients to travel to Egypt for medical treatment.
Spot gold hit the $2,800 mark for the first time, continuing to hit a record high and up nearly 7% so far this year.
Samsung Electronics plans to mass-produce the first generation of 2nm chips in 2025.
On January 30, according to Reuters and other foreign media reports, Ronald Reagan Washington National Airport in the US capital received a report of a plane crash, and a large number of personnel were dispatched. Fire boats and helicopters were used to search for the victims. The airport said on social media: "All flights at the airport have been stopped. Emergency responders are dealing with the aircraft accident at the airport. The terminal remains open. More information will be updated." Ano...
The Movement Network Foundation announced that its first Cornucopia vault will accept BTC assets, and users will be able to deposit WBTC and LBTC starting next week. The BTC vault will have an asset size of $120 million and an eight-week lock-up period, which will be unlocked on the Movement Public Mainnet Beta (coming soon); the second Cornucopia vault will accept ETH assets, and users can deposit wETH and eETH starting next week. The ETH vault will have an asset size of $125 million and an eig...
Commenting on the results of a poll conducted by Reuters and Ipsos Consulting, Musk, the first secretary of the Department of Efficiency (DOGE) of the new US government, said that Americans support reducing the size of the US government. According to the survey data, 61% of Americans support reducing the size of the US government, while 35% of respondents are opposed. The poll pointed out that compared with some other orders and proposals issued by the Trump administration of US President, this ...
The first interest rate resolution in 2025, the Bank of Canada cut interest rates by 25 basis points to 3.00%, in line with market expectations, for the sixth consecutive meeting to cut interest rates, the previous two meetings cut interest rates by 50 basis points. (Golden Ten)
Investment bank KBW released a research report covering the three major bitcoin mining companies Bitdeer (BTDR), CleanSpark (CLSK) and Core Scientific (CORZ) for the first time, all of which were given "outperform" ratings. KBW gave the three companies a target price of $26.50, $19 and $22 respectively. KBW believes that in addition to the mining business, Bitdeer also has a growing ASIC manufacturing department and AI/HPC Cloud as a Service Platform; CleanSpark has the most efficient mining equ...
People familiar with the matter say Trump wants to prove he is not bluffing with tariffs first, and then bring trading partners to the negotiating table. Click to view...