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The company said it was “singularly positioned to rebuild the TikTok algorithm" in a blog post that appeared shortly after news reports that it was looking to raise a potential $1 billion.
Some large institutional investors are shifting their sights from artificial intelligence chipmaker NVIDIA to the head cryptocurrency ETF, with data showing that Millennium Management's Israel Englander reduced its stake in NVIDIA by 12.5% in the third quarter of 2024. Capula Managment's Yan Huo decreased by 27.7% in the third quarter. Meanwhile, the two high-profile billionaire investors increased their holdings in bitcoin through BlackRock IBIT, where Englander increased its IBIT holdings by 1...
Trump halfway! Global investors turn to Powell, whether gold can "stop the bleeding" depends on this line of defense...
QCP Capital posted an analysis saying that all eyes are on tonight's US CPI data. The weak CPI, driven by the Federal Reserve's interest rate cut, may support the recovery of risk assets such as stocks and cryptocurrencies. The US PPI data softened last night, and the market expects the Federal Reserve to cut interest rates by 50 basis points in September. The current probability of 50 basis points is 52.5%, while the probability of 25 basis points is 47.5%. With the continued inflow of ETFs and...
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