The S & P Global Manufacturing PMI in January was 50.1, compared with expectations of 49.7 and a previous value of 49.4.
The initial value of the UK manufacturing PMI in January was 48.2, with expectations of 47, compared with the previous value of 47.
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...
The Philadelphia Federal Reserve Manufacturing Index in January was 44.3, with expectations of -5. The previous value was revised from -16.4 to -10.9.
Official news: Due to the restructuring of the palm oil fund, Indonesia has temporarily frozen financial support for palm tree replanting projects.
The monthly rate of manufacturing output in the United Kingdom in November was -0.3%, compared to expectations of 0%. The previous value was -0.60%.
On January 16, the Federal Reserve Beige Book said that most Federal Reserve districts reported strong holiday sales during the reporting period, which exceeded expectations. Auto sales rose to some extent. Construction activity generally declined. Manufacturing overall fell slightly, and some reserve districts reported that manufacturers were stockpiling inventory in anticipation of tariff increases. Activity in the residential real estate market was flat overall, with high lending rates contin...
Blockchain hardware manufacturer Canaan Technology (NASDAQ: CAN) announced at the Consumer Electronics Show (CES) in Las Vegas the launch of two innovative bitcoin mining devices, the Avalon Mini 3 and Nano 3S. The two devices are designed to popularize cryptocurrency mining for individual users and transform home heating systems into cryptocurrency mining devices. With a hashrate of 37.5 Th/s, the Avalon Mini 3 offers a unique dual-purpose solution that combines efficient bitcoin mining with ho...
The ISM non-manufacturing PMI for the United States in December was 54.1, compared with expectations of 53.3 and a previous value of 52.1.
The US December ISM manufacturing PMI rose for a second straight month in December, with both orders and production picking up, suggesting the dark clouds hanging over the manufacturing sector may be starting to lift. A pick-up in demand helped deliver the first monthly increase in output since May, according to output indicators. At the same time, the survey showed that more producers are cutting jobs at a faster pace. The employment index fell to 45.3 in December, down nearly 3 points and the ...
On December 25th, according to The Information, over the past year, OpenAI has renewed its interest in robotics: investing in startups that develop robotics hardware and software, such as Figure and Physical Intelligence, and rebooting an in-house robotics software team that was disbanded four years ago. Now, OpenAI may take that interest to a new level. The company recently considered developing a humanoid robot, according to two people with direct knowledge of the discussions. Don't get too ex...
The US Federal Reserve Manufacturing Index for December was -10, expected to be -11, and the previous value was -14.
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Bitcoin miner Foundry has laid off 27% of its workforce during a planned restructuring. According to people familiar with the matter, the layoffs include 16% of Foundry's U.S. workforce and some employees of the Indian team. DCG, the parent company of Foundry, which operates Foundry USA, the world's largest bitcoin mining pool, and controls about a third of the market, according to Hashrate Index, has revealed plans to spin off Foundry's self-mining business into a separate entity, but remain un...
The S & P Global Manufacturing PMI for November was 49.7, compared with expectations of 48.8 and the previous value of 48.8.