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Tech Giants Suffer Mass Sell-off: Concerns Over AI Investment Prospects, Apple Loses Nearly $800 Billion in Market Cap
Tech Giants Suffer Mass Sell-off: Concerns Over AI Investment Prospects, Apple Loses Nearly $800 Billion in Market CapOn August 6, the US stock market experienced a sharp decline, with tech giants bearing the brunt of the losses. Driven by fears of a US recession and Berkshire Hathaway's announcement of cutting its Apple stock holdings, tech behemoths like Apple, Tesla, Alphabet (Google's parent company), and Amazon saw their stock prices plummet by over 4%...
Industry dynamics 2024-08-06 11:11:05 -
Huawei's New Phones are About to Hit the Market with a Bang: 9 New Models Ready to Launch, Are You Ready?
Huawei's New Phones are About to Hit the Market with a Bang: 9 New Models Ready to Launch, Are You Ready?Huawei smartphones have consistently been a major force in the domestic Chinese phone market. Despite facing some challenges in recent years, their product strength and innovative capabilities remain undeniable...
Mobile Internet 2024-08-06 11:05:20 -
Can Apple Music Still Make a Comeback in a Slowing Streaming Market?
Can Apple Music Still Make a Comeback in a Slowing Streaming Market?The music streaming market is becoming increasingly competitive, but user growth is slowing down. According to Bloomberg, Universal Music Group recently highlighted the slowing growth rates for streaming services like Apple Music...
Mobile Internet 2024-08-06 11:02:05 -
Apple and Samsung Dominate, Xiaomi Makes a Splash: Global Smartphone Market Q2 Review
Apple and Samsung Dominate, Xiaomi Makes a Splash: Global Smartphone Market Q2 ReviewAccording to the latest data from Counterpoint Research, the global smartphone market in Q2 2024 continued to be dominated by Apple and Samsung. However, Xiaomi's impressive performance propelled it into the top 10 best-selling models list, demonstrating its growing competitive strength...
Mobile Internet 2024-08-06 10:57:30 -
Global Market Turmoil: US Stocks Plunge, Gold and Silver Prices Tumble, Bitcoin Down Over 17%
Global Market Turmoil: US Stocks Plunge, Gold and Silver Prices Tumble, Bitcoin Down Over 17%Recent global markets have experienced volatile swings driven by multiple factors, including concerns about a US recession, expectations of a Federal Reserve interest rate cut, tensions in the Middle East, and disruptions to yen carry trades. Against this backdrop, global commodity prices have declined, including those for Bitcoin, gold, and silver...
Blockchain 2024-08-06 10:55:20 -
Bitcoin Plunges: Panic Grips Markets, Can Cryptos Regain Confidence?
Bitcoin Plunges: Panic Grips Markets, Can Cryptos Regain Confidence?Introduction:On August 5, Bitcoin experienced another brutal sell-off, plummeting over 10% within two hours and breaking below $50,000. This bloodbath caught investors off guard and sparked concerns about the future direction of the cryptocurrency market...
Blockchain 2024-08-06 10:49:35 -
Amman Global Assets Sell-Off Sends Bitcoin Plunging Over 16%, Crypto Market Bathed in Blood
Amman Global Assets Sell-Off Sends Bitcoin Plunging Over 16%, Crypto Market Bathed in BloodOn August 5th, the crypto market suffered a bloodbath. Bitcoin prices, after breaking below $54,000 in the morning, faced another wave of selling in the afternoon, briefly dipping below $50,000...
Blockchain 2024-08-06 10:48:12 -
Snapdragon 8 Gen4 Benchmark Leaked: Single-Core Close to A17 Pro, Multi-Core Significantly Ahead
Snapdragon 8 Gen4 Benchmark Leaked: Single-Core Close to A17 Pro, Multi-Core Significantly AheadToday, the benchmark score of the Qualcomm Snapdragon 8 Gen4 engineering model on Geekbench has emerged, sparking widespread attention. According to the benchmark website, the new flagship chip achieved a single-core score of 2884 and a multi-core score of 8840...
Mobile Internet 2024-08-06 10:47:24 -
China's Smartphone Market Recovers, Vivo Leads, Huawei Shows Strong Growth
China's Smartphone Market Recovers, Vivo Leads, Huawei Shows Strong GrowthAccording to the latest data from market research firm Techinsights, China's smartphone shipments grew by 5% year-over-year in the second quarter of 2024, reaching 67.4 million units, indicating an overall recovery trend in the market...
Mobile Internet 2024-08-06 10:46:40 -
Global risk aversion heats up, crypto market takes a hit: Bitcoin falls below $50,000, ETFs plunge over 25%
Global risk aversion heats up, crypto market takes a hit: Bitcoin falls below $50,000, ETFs plunge over 25%On August 5th, the cryptocurrency market experienced a severe downturn, with Bitcoin prices falling below the $50,000 mark, hitting a new low since February of this year. Driven by global risk aversion, Bitcoin prices plunged by 12...
Blockchain 2024-08-06 10:46:04 -
The Global Smartphone Market Returns to Growth: Opportunities for Chinese Manufacturers, AI Smartphones Become the Focus
The Global Smartphone Market Returns to Growth: Opportunities for Chinese Manufacturers, AI Smartphones Become the FocusAfter years of market slump, the smartphone industry finally saw a turnaround in 2024. According to the latest report from market research firm Canalys, global smartphone shipments reached 288...
Mobile Internet 2024-08-06 10:44:54 -
Crypto Market Crash: Bitcoin Plunges Below $50,000, Liquidations Sweep the Market
Crypto Market Crash: Bitcoin Plunges Below $50,000, Liquidations Sweep the MarketOn August 5th afternoon, the cryptocurrency market experienced a sharp decline, with Bitcoin's price briefly falling below $50,000, reaching around $49,000, marking a drop of over 15% in 24 hours. Other popular cryptocurrencies also plummeted, with Ethereum, Solana (SOL), and Dogecoin (DOGE) all losing more than 20%...
Blockchain 2024-08-06 10:37:49