Tech giants are aggressively spending money, the AI arms race is heating up, and chip stocks are surging across the board.
The competition among technology giants in AI hardware has intensified. This week, amazon declared its intent to build the largest AI computing cluster in the world, followed by Meta announcing the establishment of a ten billion dollar AI datacenter. There are also reports that xAI, under Elon Musk, plans to expand its supercomputer project tenfold...
Another major national leader waving the flag for cryptos! Putin: bitcoin is better than forex reserves.
① It is not only usa President Trump, but also Russian President Putin who now clearly supports cryptos; ② On Wednesday, Putin questioned the necessity of russia holding forex reserves and hinted that bitcoin might be a better option;
Futu Morning Report | Optimistic sentiment is rising again! The three major U.S. stock indexes have all reached new highs; bullish financial reports for AI applications and chip stocks are driving an investment boom, with marvell technology soaring over 2
Powell: The economy is stronger than expected, the Federal Reserve can lower interest rates "more cautiously", and the Trump administration cannot appoint a shadow Fed chair; Trump nominates crypto-friendly Paul Atkins to be the SEC chair.
Powell's miscellaneous talk: There will be no "shadow Fed", bitcoin's competitor is gold.
①Federal Reserve Chairman Powell shared his personal career experience on Wednesday and expressed his views on issues such as the new Trump administration, the US economy, and bitcoin; ② Powell emphasized that the independence of the Federal Reserve is protected by law and stated that Trump's envisioned "Shadow Federal Reserve" is not possible.
Apple's collaboration with Baidu to develop the China version of AI features has encountered obstacles, which may affect iPhone sales.
According to sources, apple and baidu are collaborating to add artificial intelligence features to iPhones sold in china next year. However, the project has encountered obstacles as the two companies have differences on how to use iPhone user data to train and improve models.
Bitcoin is sprinting towards the 0.1 million mark! Trump nominated crypto-friendly Paul Atkins as SEC chairman, and crypto concept stocks are soaring across the board.
After taking office, Atkins is expected to focus on reducing regulation and easing penalties for violations. He is currently the CEO of the consulting institution Patomak Global Partners. The institution stated that since 2017, Atkins has been committed to establishing best practices for the issuance and trading of digital assets as the co-chair of the advocacy organization Token Alliance for the crypto industry. Trump stated that Atkins recognizes that digital assets and other innovations are crucial for making the usa greater than ever.
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FDA Approves Durvalumab For Limited-Stage Small Cell Lung Cancer; Recommended Durvalumab Dose Is 1,500 MG Every 4 Weeks For Patients With A Body Weight Of ≥30 KG; Approved Astrazeneca's Imfinzi For Adults With LS-SCLC Whose Disease Has Not Progressed...
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