20:07 2025-03-20
The three major U.S. stock indexes collectively closed slightly lowerThe three major US stock indexes collectively closed down slightly, with the Dow falling 0.03%, the Nasdaq falling 0.33%, the S & P 500 index falling 0.22%, popular technology stocks rising and falling, Broadcom falling more than 2%, Apple, Amazon, Google, Microsoft falling less than 1%, Tesla, Nvidia, and Meta rising less than 1%.
20:01 2025-03-20
U.S. stocks closed: Major stock indexes closed slightly lower, while the Golden Dragon Index fell 3.8%.On March 21, the U.S. stock market closed on Thursday, with the Dow initially closing down 0.03%, the S & P 500 index down 0.2%, and the Nasdaq index down 0.3%. NVIDIA (NVDA. O) rose nearly 1%, Pinduoduo (PDD. O) rose nearly 4%, and Apple (AAPL. O) fell 0.5%. The Nasdaq China Golden Dragon Index fell 3.8%, Alibaba (BABA. N) and JD.com (JD. O) fell more than 4%, and NIO (NIO. N) fell nearly 9%.
19:49 2025-03-20
CoreWeave plans to raise up to $2.70 billion in IPOCoreWeave plans to sell shares at $47 to $55 per share, raising up to $2.70 billion, and will list on Nasdaq under the symbol CRWV, according to its IPO prospectus. The company specializes in Nvidia cloud computing processors, and customers include Meta and Microsoft. Revenue growth in 2024 will exceed 700% to $1.92 billion, with Microsoft contributing 62%. By the end of 2024, the company will deploy more than 250,000 Nvidia GPUs in 32 data centers. The IPO is led by Morgan Stanley and underwrit...
18:51 2025-03-20
BlackRock executives: If the Ethereum ETF is allowed to pledge or welcome a major breakthroughRobert Mitchnick, head of digital assets at BlackRock, told the Digital Asset Summit in New York that demand for Ethereum ETFs is currently sluggish, in part due to the lack of access to staking proceeds. He believes that if regulatory hurdles are resolved, the market could see major changes. Mitchnick stressed that staking returns are an important part of Ethereum's investment returns, and the lack of staking capabilities makes ETFs partially unattractive. Despite the complexity of the solution...
18:45 2025-03-20
NVIDIA will establish an accelerated quantum computing research centerNVIDIA announced on March 18 that it is establishing a research center in Boston to provide cutting-edge technologies to advance quantum computing. The NVIDIA Accelerated Quantum Research Center (NVAQC) will integrate leading quantum hardware with AI supercomputers to enable accelerated quantum supercomputing. NVAQC helps solve the most challenging problems in quantum computing, ranging from qubit noise to turning experimental quantum processors into practical devices. Quantinuum, Quantum Machin...
18:30 2025-03-20
The SEC has issued guidance on treating proof-of-work mining activities under existing securities lawsAs part of an effort to provide greater clarity on the application of federal securities laws in the crypto-asset space, the company finance division has issued a Statement on Certain Proof-of-Work (PoW) Mining Activities (known as "mining").
The statement specifically concerns the mining of cryptoassets closely related to the programmatic functions of public, permissionless networks, which are used for reference purposes.