News list for "Tens of billions of dollars"

DeepSeek hits US stocks, Silicon Valley boss's net worth evaporates tens of billions of dollars

On January 28th, according to Forbes, Chinese generative artificial intelligence startup DeepSeek hit US stocks, Nvidia's stock price plummeted 16%, the market value evaporated more than 500 billion US dollars, and its CEO Huang Renxun's net worth shrank by 19.80 billion US dollars as of 1:45 Beijing time, the total wealth fell from 124.40 billion US dollars to 104.60 billion US dollars, and fell to 17th in the 10th place of Forbes' real-time billionaire list. The steeper shrinkage was Oracle Ch...

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2025-01-27 19:01:32
1. It is reported that OpenAI will raise tens of billions of dollars to build AI infrastructure in the United States. 2. OpenAI launched the GPT Next program this year: AI...

1. It is reported that OpenAI will raise tens of billions of dollars to build AI infrastructure in the United States. 2. OpenAI launched the GPT Next program this year: AI performance jumped 100 times, Orion is expected to take over GPT-4. 3. Google upgraded the Gemini 1.5 Flash model, and the AI chat response speed increased by up to 50%. 4. Meta announced the download data of the Llama AI model family: the world's super 350 million and 3.1-405 B models are the most popular. 5. How was the firs...

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2024-09-04 04:05:51
The protagonist of the Big Bang of the Century was found guilty of causing Wall Street to lose billions of dollars in blood

On July 11, Bill Hwang, founder of Archegos Asset Management, was criminally charged for his company's 2021 bankruptcy. A two-month trial ended on Wednesday with the guilty verdicts of Bill Hwang and co-defendant Patrick Halligan, the chief financial officer. Bill Hwang, 60, pleaded not guilty to one count of conspiracy to defraud, three counts of fraud and seven counts of market manipulation, but was convicted on 10 of the 11 counts. Now, each conviction carries a maximum sentence of 20 years i...

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2024-07-10 21:01:06
Bloomberg: The bitcoin halving could have a $10 billion impact on cryptocurrency miners

According to a Bloomberg article, the next "halving" of Bitcoin is expected to take place around April 20, which will reduce the amount of Bitcoin that miners can earn by verifying transactions by half. The "halving" of Bitcoin may cause about 10 billion dollars of impact on cryptocurrency miners. In addition, the increasing competition of artificial intelligence companies for preferential electricity bills will also lead to a decline in the revenue of bitcoin mining companies after the cost sur...

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2024-04-15 16:47:09

7x24 Newsflash

05:32 2025-04-20
Belgian media: US tariff policy poses a risk of deconstruction of the international rule system
The Belgian newspaper Echo recently published a commentary by its deputy editor-in-chief, Quadbash, criticizing the so-called "reciprocal tariffs" of the United States as triggering a global crisis and risking the deconstruction of the international rule system. The commentary in the Echo newspaper said that the core logic of the US government's tariff policy is to "reshape trade through violent means", which has caused the existing international economic and trade rules to "disappear". The Unit...
04:44 2025-04-20
5 addresses suspected to belong to the same institution invested 1920 BNB to buy SKYAI, which has surpassed 8.90 million US dollars
According to the monitoring of analysts on the chain, five wallets suspected of belonging to the same institution or giant whale invested a total of 1,920 BNB tokens in the early stage of SKYAI's opening, and the current profit has been about 8.913 million US dollars, with a return of 784%. SKYAI's current market value is about 65.47 million US dollars. The official said that the tokens will be airdropped to the user address one after another in the order of BNB transfer during the pre-sale peri...
04:08 2025-04-20
South Korea's bitcoin premium rate returns to above 2% level
The premium rate of bitcoin in South Korea is back above 2%. According to Cryptoquant.com data, after briefly falling below the global average price in South Korea on April 9, bitcoin has resumed premium trading in the past ten days, reaching a peak of 2.97% on April 15. As of 7 p.m. on April 19, the global average bitcoin price stood at $85,246, while major South Korean exchanges Upbit and Bithumb quoted bitcoin prices 1.65% higher than the global average, respectively.
04:05 2025-04-20
Golden Noon News | List of important events at noon on April 20
7:00-12:00 Keywords: Michael Saylor, Powell, Lummis 1. Michael Saylor emphasizes Bitcoin's zero counterparty risk. 2. Acting President of South Korea: South Korea will not retaliate against US tariffs. 3. Analysts: If Trump targets Powell, the US economy may enter a recession. 4. Uniswap founder Hayden Adams: Ethereum should adhere to the L2 expansion route. 5. All counterfeit products that have submitted spot ETF applications are "US dollars" or belong to the WLFI portfolio; 6. US Senator Lummi...
04:02 2025-04-20
Elon Musk: America may lose its inherent values due to immigration
Mr. Musk has backed the billionaire Mr. Ackerman's argument that illegal immigration could lead to the loss of America's inherent values, which he wrote about on social media platform X. Mr. Ackerman argues that the United States has allowed millions of illegal immigrants into the country without censorship, and that deporting them would require a court hearing. It is this that could lead to the loss of those values that democratic institutions are supposed to uphold. "This is the hard truth," M...
03:59 2025-04-20
Balance Foundation Announces Economics of EPT Tokens, 15% for Airdrops and Community Rewards
On April 20th, the Balance Foundation announced the economics of EPT tokens. The total number of EPT tokens is 10 billion, of which 15% will be used for airdrops and community rewards, 25% will be used for node rewards, 23% will be used for ecosystem growth, 7% will be used for marketing, 17% will be used for strategic investors, and 13% will be used for teams and consultants. EPT airdrops cover 4 main groups: E-PAL users, Balance early and active supporters, Balance community active Twitter use...
03:59 2025-04-20
Japan has ruled out using U.S. debt as a bargaining chip
Shigeru Ishiba, Japan's prime minister, said on Sunday that his country would emphasise "fairness" in any discussions with the US over currency issues. Some analysts have said Japan could use its holdings of more than $1 trillion in US Treasuries as a trade lever, although Katsunobu Kato this month ruled out using them as a bargaining chip. Asked whether Japan would mention its holdings in talks, Mr. Ishiba said: "This is based on trust between the two sides, global economic stability and the ec...
03:56 2025-04-20
CBBTC Circulating Supply Breaks Through 39,000
According to Dune data, Coinbase launched encapsulated bitcoin Coinbase Wrapped BTC (cbBTC) circulation supply reached 39,212, an increase of more than 8,500 in the past month, cbBTC current market value of about $3.326 billion, ranking second in encapsulated bitcoin market share, market share of 17.6%, second only to wBTC.
03:05 2025-04-20
The Nobel laureate and dozens of other economists have issued a declaration opposing the US tariff policy
According to a report by Business Insider on April 19 local time, dozens of economists, including two Nobel laureates, signed an "anti-tariff declaration" criticizing US President Donald Trump's tariff policy, calling it "misguided" and warning that it could lead to a "self-inflicted recession". In this "anti-tariff declaration", the author warns that it is imminent to undo the Trump administration's "incoherent and destructive policies" on trade. As of the evening of April 19 Eastern Time, 956 ...
03:05 2025-04-20
Analyst: If Trump targets Powell, the US economy could enter a recession
Evercore ISI analysts said any move by the Trump administration to try to fire Federal Reserve Chairperson Jerome Powell "would lead to a surge in stagflationary trading", but they see such a move as "unlikely". Markets have lost confidence in Trump's economic policies, as can be seen by movements in bond and currency markets. However, there are no signs yet that the market has lost confidence in the Federal Reserve, as indicators of expected inflation remain low....
03:02 2025-04-20
The counterfeit products that have submitted spot ETF applications are all "US dollars" or belong to the WLFI portfolio
According to the chain analyst @ai_9684xtpa, there are currently 9 counterfeit products such as SOL, XRP, LTC, ADA, AVAX, APT, SUI, MOVE, TRX and 4 Memecoin such as DOGE, TRUMP, BONK, and PENGU to submit spot ETF applications. Most of the counterfeit products project teams are native to the United States or have a deep US resource background, or belong to the WLFI Portfolio, showing a "resource-oriented application pattern".
03:02 2025-04-20
Canadian retailers mark "T" letters on U.S. imports as consumers shift to local products
A number of Canadian retailers recently took new measures to start marking "T" letters on US imports, representing "tariffs" (Tariffs), reminding consumers that the price of these products may increase due to tariffs. This move has triggered a strong response from Canadian consumers, and the shelves of local products are often empty. According to reports, one of Canada's largest retailers, Loblaw Inc. (with about 2,400 stores), announced on March 10 that it would raise prices at U.S. importers w...