22:51 2025-04-05
Musk wants the United States and Europe to move towards a zero-tariff free trade areaElon Musk told a League party event in Italy that he wanted a "zero tariff" system between the US and Europe, effectively creating "a free trade area" between Europe and North America. "Ideally, in my opinion, both Europe and the US should move towards zero tariffs," Mr. Musk told Matteo Salvini, Italy's deputy prime minister, on Saturday. "That's what I would like to see."
22:30 2025-04-05
Cryptocurrency outperforms Nasdaq, BTC becomes US market "safe haven asset"According to the analysis, Bitcoin led the cryptocurrency market to rise against the trend when the market value of US stocks 5 trillion US dollars evaporated, outperforming the Nasdaq index significantly. CoinDesk analysis pointed out that as global funds seek a safe haven outside the traditional stock market, BTC is being regarded by some investors as a "US market isolation hedge tool". Mainstream currencies such as ETH rose simultaneously, and the total market value of crypto rose by more tha...
22:24 2025-04-05
The impact of tariffs on the US technology industry is particularly severeIn the early days of the Trump administration, Silicon Valley has seen plummeting valuations and delays in initial public offerings (IPOs). The leaders of Alphabet, Amazon, Meta, Microsoft and Uber all made large donations to Trump's second inauguration, both personally and through their companies. In the past two trading days, the seven most valuable technology companies in the United States have lost a combined $1.80 trillion in market value. Fears of widespread trade...
21:36 2025-04-05
Meta releases new artificial intelligence model series Llama 4Meta on Saturday unveiled its best artificial intelligence model to date, Llama 4. In total, the series features four new models: Llama 4 Scout, Llama 4 Maverick, and Llama 4 Behemoth. Meta says all of these models have been trained on "large amounts of unannotated text, image, and video data" to give them "broad visual comprehension capabilities." Scout and Maverick models are publicly available on the Llama.com website and at Meta's partners, while the Behemoth model is still being trained.
21:15 2025-04-05
Musk slams Navarro for saying having a doctorate in economics from Harvard is not a good thingMr. Musk lashed out at Peter Navarro, Mr. Trump's top trade adviser, as he defended the president's sweeping tariffs. "The market is going to bottom out," Mr. Navarro said on Saturday. "It's going to come very soon, and from there we're going to have a bull market boom and the Dow is going to reach 50,000 in the Trump administration." Responding to a post on the social media platform touting Mr. Navarro's credentials, Mr. Musk wrote on X: "Having a PhD in economics from Harvard is not...
20:51 2025-04-05
The U.S. Department of Government Efficiency plans to lay off employees at the Department of Homeland SecurityAccording to market sources, Musk's Department of Government Effectiveness is expected to target the U.S. Department of Homeland Security in the coming days, seeking large-scale layoffs across its various agencies, which may include the U.S. Secret Service. The sources said that the Department of Homeland Security is preparing for possible large-scale layoffs. No final decision has been made, and the final size and scope of the layoffs have not yet been determined. A senior official at the Depar...
19:54 2025-04-05
New tariff policy may push up prices, American people: the government turns a blind eye to ordinary peopleThe recent announcement of new tariffs by the US government has raised concerns among US economic analysts, who predict that the new tariffs will further push up US prices and place a greater burden on consumers. The Tax Foundation, a US think-tank, forecasts that the average import tax in the US will rise from 2.5 per cent last year to 19 per cent this year, the highest level since 1933. The foundation also said that after-tax income for US workers will fall by an average of 2.1 per cent this y...
18:47 2025-04-05
BTC breaks through $83,000The market shows that BTC has broken through $83,000 and is now trading at $83,000.16. The 24-hour decline has narrowed to 1.13%. The market is volatile, so please do a good job in risk control.