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The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"
The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"This week, the tech stock market experienced a dramatic roller coaster ride, with AI frontrunner Nvidia at the heart of the "frenzy." On Tuesday, Nvidia's stock price plunged by 7%, but the next day it surged nearly 13%, adding a staggering $330 billion to its market value...
Blockchain 2024-08-04 10:09:38 -
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for Clients
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for ClientsAmong traditional financial institutions on Wall Street, Morgan Stanley is the first to open investment channels for Bitcoin exchange-traded funds (ETFs) to its clients. On Friday, August 2nd, the global wealth management giant announced that starting August 7th, its approximately 15,000 financial advisors will be authorized to recommend Bitcoin ETFs to eligible clients...
Blockchain 2024-08-04 10:08:02 -
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMB
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMBOn July 31, the People's Bank of China Beijing Branch and the State Administration of Foreign Exchange Beijing Branch jointly held a press conference to announce the financial statistics of Beijing in the first half of 2024 and introduce the progress of the "Five Major Articles" in the financial field. Among them, Yu Jian, director of the Monetary Credit Management Division of the People's Bank of China Beijing Branch, elaborated on the relevant measures in promoting the construction of the capital's digital financial ecosystem...
Blockchain 2024-08-04 10:07:07 -
The Long-Awaited Color Change: iPhone 16 Pro Series May Feature a New Rose Color
The Long-Awaited Color Change: iPhone 16 Pro Series May Feature a New Rose ColorAs Apple's fall product launch event draws closer, rumors about the iPhone 16 series are intensifying. Besides performance upgrades and camera improvements, the most anticipated aspect is the new color options...
Mobile Internet 2024-08-03 23:51:06 -
The price of Bitcoin has fallen below $64,000 per coin, representing a drop of over 2.08% on the day, as of press time. This volatility has garnered market attention, with investors closely watching the movements in the digital currency market.
The price of Bitcoin has fallen below $64,000 per coin, representing a drop of over 2.08% on the day, as of press time...
Blockchain 2024-08-03 23:50:11 -
iPhone 16 Pro Battery Capacity Boost, Pro Max Sees a Larger Increase
iPhone 16 Pro Battery Capacity Boost, Pro Max Sees a Larger IncreaseNew information has emerged regarding the upcoming iPhone 16 Pro series, further confirming battery capacity upgrades for both models, with the iPhone 16 Pro Max receiving a particularly significant boost.Reliable sources suggest that the iPhone 16 Pro Max battery capacity will increase from 4,441 mAh in the iPhone 15 Pro Max to 4,676 mAh, while the iPhone 16 Pro battery capacity will jump from 3,274 mAh to 3,577 mAh, representing an increase of over 9%...
Mobile Internet 2024-08-03 23:24:52 -
Boeing's Starliner Program Continues to Bleed Money, NASA May Delay Operational Service
Boeing's Starliner Program Continues to Bleed Money, NASA May Delay Operational ServiceOn August 2nd, Boeing released its latest quarterly earnings report, revealing that the losses for its Starliner commercial crew program continued to mount, with the total project losses nearing $1.6 billion...
Industry dynamics 2024-08-02 18:20:33 -
Delta Air Lines' "Microsoft Blue Screen" Incident: $500 Million in Losses, Who Pays?
Delta Air Lines' "Microsoft Blue Screen" Incident: $500 Million in Losses, Who Pays?On August 1, Delta Air Lines CEO Ed Bastian revealed that the "Microsoft blue screen" incident earlier this month had resulted in significant losses for the company, with an estimated direct economic impact of approximately $500 million. This figure includes not only revenue loss but also tens of millions of dollars in passenger compensation and hotel accommodations per day for five days...
Industry dynamics 2024-08-02 18:13:18 -
Microsoft's Big AI Server Investment Sends Nvidia's Stock Soaring, AMD Also Benefits
Microsoft's Big AI Server Investment Sends Nvidia's Stock Soaring, AMD Also BenefitsOn Wednesday, Microsoft and AMD both made positive comments, indicating that billions of dollars worth of GPU-based AI server projects continue to move forward without any signs of slowing down. Following this news, Nvidia's stock price surged 13%...
Industry dynamics 2024-08-02 18:12:24 -
Intel Layoffs: A Cost-Cutting Gambit in the Race for Recovery
Intel Layoffs: A Cost-Cutting Gambit in the Race for RecoveryJuly 31: Intel is reportedly planning a major layoff that could affect thousands of employees. The move aims to cut costs and free up funds for the company's strategic recovery plan in the face of persistent profitability declines and shrinking market share...
Industry dynamics 2024-08-02 18:02:08 -
Microsoft's Q4 2024 Earnings: Cloud Growth Slows, AI Takes Center Stage
Microsoft's Q4 2024 Earnings: Cloud Growth Slows, AI Takes Center StageAfter the market closed on Tuesday, Microsoft released its financial results for the fourth quarter of fiscal year 2024, ending June 30, 2024. Overall, the company's Q4 performance beat analysts' expectations, but slower cloud computing growth raised concerns among investors...
Industry dynamics 2024-08-02 18:01:07 -
Samsung Electronics Q2 Earnings Surge on Strong AI-Driven Memory Chip Demand
Samsung Electronics Q2 Earnings Surge on Strong AI-Driven Memory Chip DemandJuly 31, 2023: South Korean semiconductor giant Samsung Electronics announced strong second-quarter earnings that surpassed market expectations, driven by robust demand for high-bandwidth memory chips fueled by the artificial intelligence (AI) boom.The company reported total revenue of 74...
Industry dynamics 2024-08-02 18:00:11
