API crude oil inventories in the week to January 24 2.862 million barrels, expected to 3.695 million barrels, the previous value 958,000 barrels.
TikTok Inc. has set up a subsidiary in Zurich, Switzerland, following recent forays into Switzerland by tech companies such as OpenAI and Anthropic to tap local talent. The social media platform, owned by ByteDance, registered in the canton of Zurich last week, records show. The entity is a subsidiary of TikTok UK company and is managed by Thomas Wlazik, the company's general manager for Germany, Austria, Switzerland and Israel. TikTok will carry out activities related to marketing, advertising ...
The snake congratulates the Chinese New Year, and the auspiciousness is full of energy. I wish you full fortune and continuous profits in the Year of the Snake! Happy Chinese New Year!
Arthur Hayes expressed his views on social media, questioning the innovative model of the AI project DeepSeek. In addition, Hayes used this to raise concerns about the high valuation of the US stock market. He mentioned that the current share of US stock market capitalization in GDP is 230%, far higher than 175% during the Internet bubble in 2000 and 130% before the Great Depression in 1929. He pointed out that if investors withdraw money from US stocks, it will lead to a reduction in capital ga...
DeepSeek remains at the top of the App Store charts, according to a daily market watch from QCP Capital. Its latest AI version reverberated across Wall Street and risk asset markets yesterday, with the Nasdaq falling 3% and NVIDIA plummeting to a staggering 17%. The AI frenzy of 2024 has pushed Nasdaq's valuation to unsustainable levels, with a price-to-earnings ratio approaching 2% when trading...
On January 28, the reporter learned from the State-owned Assets Supervision and Administration Commission of the State Council that in 2025, the State-owned Assets Supervision and Administration Commission of the State Council will continue to promote central enterprises to make forward efforts and take the initiative, adhere to both "expansion" and "effective", and increase investment in the three major areas of industrial renewal, scientific and technological innovation, and equipment renewal....
Bloomberg analyst James Seyffart posted on the X platform that Tuttle Capital has just applied to the Securities Exchange Commission (SEC) for 10 different leveraged crypto asset ETFs. This includes a bunch of memecoin products and assets that do not yet have an ETP. This is the first ETP application in the United States tracking Chainlink, Cardano, Polkadot, etc.
On January 28th, Web3 game studio Pixion Games announced the completion of a $12.40 million financing round, led by Delphi Ventures, Spartan Capital, Sky Mavis, L1D, Arete Capital, Animoca Brands, YGG and other investors. The new funds are intended to be used to create a seamless, mobile-first Web3 gaming experience.
According to Onchain Lens, a whale deposited 5.64 million POLs (worth $2.28 million) to Coinbase. The whale accumulated these POLs in the past two months at a cost of $3.60 million and is currently facing a loss of $1.32 million.