Envious of Tether's hundred billion profits, Banks are competing to issue stablecoins.
Industrial Bank, Germany's Oddo BHF, the United Kingdom's Revolut, and even the Hong Kong Monetary Authority have started to establish their presence in the stablecoin market, hoping to gain a share in this field. The world's largest stablecoin issuer, Tether, had previously projected that its Net income would exceed 10 billion in 2024.
Weekend Reading | 2025 Computing Mainstream: ASIC VS GPU
Morgan Stanley stated that the rise of ASIC does not mean the decline of GPUs. On the contrary, these two technologies will coexist for a long time, providing optimal solutions for different demand scenarios.
Year-end review of the US stock market: The seven giants continue to surge, and investors prepare for Trump 2.0.
In 2024, the US stock market is driven by the AI boom, the Federal Reserve's interest rate cuts, and strong economic growth, with the three major indices reaching new highs: the S&P 500 Index up 25% for the year, the Nasdaq Composite Index up 31% for the year, and the Dow Jones up 14% for the year; following Trump's return, a series of policies are expected to create huge waves, and the Federal Reserve's comments indicating a slowdown in interest rate cuts have already disturbed the market.
Weekend Read | In the new era of AI, will NVIDIA be challenged?
Excluding Google, 98% of the Global AI workloads are running on NVIDIA chips; Google and Amazon's chips currently face their own issues and pose no challenge in the short term; the shortage of data is a false proposition, as data can be synthesized for continued training; there are no issues with AI capital expenditures next year, but there is uncertainty in 2026, which could be a turning point for the Industry.
Wells Fargo's Harvey: 10 Predictions for 2025
Intel Leads 2024 Tech Layoffs, but Sector Lays off 43% Less Year Over Year
Is there still a Santa Claus rally? Understand in one article why the US stock market suddenly dropped on Friday.
Large Technology stocks are leading the decline, with Tesla once dropping over 6%, and the sell-off in QITABANKUAI is also accelerating. Aside from technical factors like profit-taking, the 10-year US Treasury yield is hovering at a seven-month high, intensifying the downward pressure on the stock market. Goldman Sachs states that by the end of the year, USA pensions will sell $21 billion in US stocks, and CTAs will sell an additional $4 billion, resulting in significant selling pressure.
Catalyst Watch: Eyes on Electric Vehicle Deliveries, Retail Data and Housing Reads
Sam Altman's OpenAI Plans Major Restructuring to Non-Profit Structure Amid Rising Costs
Stocks Tumble As Traders Rethink Santa Rally, Crude Tops $70, Bitcoin Slips To $94,000: What's Driving Markets Friday?
10 Information Technology Stocks Whale Activity In Today's Session
Shares of Bitcoin Miners and Crypto-linked Stocks Are Trading Lower Amid a Drop in Bitcoin.
NVIDIA Shares Are Trading Lower Amid a Broader Tech Selloff.
PayPal Holdings Unusual Options Activity For December 27
The US stock market is expected to reach new highs in 2025. How to seize the opportunity? The three most loved Index component stocks on Wall Street have been revealed!
Bank of America stated that technology giants are likely to continue outperforming the Large Cap by 2025. The bank's derivatives Analyst, Benjamin Bowler, explained that interest rate cuts and the ongoing AI boom could lead to further gains for large technology companies in the United States.
Bullish on Semiconductors in the long and short battle? Analysts remain bullish on NVIDIA, Broadcom, and Marvell, but short interest has surged.
In 2024, the stock prices of NVIDIA, Broadcom, and Marvell Technology surged due to the AI boom, but as the Market Cap approached 4 trillion dollars, short-selling interest increased significantly.
OpenAI Mulls Plan Around For-profit Structure to Propel ChatGPT Maker
Trump is about to return to the White House! Drawing from history, how will various Assets market trends unfold?
In comparison, after Trump's election, Bitcoin and U.S. assets immediately saw a violent surge, reflecting investors' recognition of the economic growth during his first term and their optimistic expectations for future prospects and cryptocurrency policies.
Daily Options Tracking | "Quantum NVIDIA" RGTI transactions are booming! Multiple end-of-the-world call options earn over 10 times; AI tenfold stock SOUN's implied volatility rises to 157%, with one call option soaring by 6 times.
Tesla fell by 1.76% on the previous trading day, with an Options Chain volume of 2.23 million contracts, a significant increase of 33% compared to Tuesday's trading day, and implied volatility levels rose to 81%; on the Options Chain, Trading of Call options was particularly active, with the highest volume being the $460 strike price expiration call, reaching 0.128 million contracts.
Key Nvidia Supplier Warns AI Spending Slowdown May Trigger 'Vicious' Downturn For Chipmakers