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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 -
Is the Samsung Galaxy S24 FE about to launch? Official support page revealed!
Is the Samsung Galaxy S24 FE about to launch? Official support page revealed!Rumors have been swirling around the Samsung Galaxy S24 FE for a while now, but today, things took a major turn. A Samsung France official support page has unexpectedly surfaced, suggesting that the phone is close to release...
Mobile Internet 2024-08-06 11:09:00 -
Huawei nova Flip foldable smartphone officially announced with a price tag, highlighting its thin and light design, HarmonyOS AI, and hover selfie features
Huawei nova Flip foldable smartphone officially announced with a price tag, highlighting its thin and light design, HarmonyOS AI, and hover selfie featuresHuawei today officially announced the price information for its nova Flip foldable smartphone. This foldable phone, which focuses on being thin and light, AI fun, and hover selfie, will open for pre-order at 8:30 pm tonight...
Mobile Internet 2024-08-06 10:53:44 -
Tmall Genie Launches Premium Brand "Wow" with First Product, "Wow BFF Machine"
Tmall Genie Launches Premium Brand "Wow" with First Product, "Wow BFF Machine"On August 5th, Tmall Genie held a premium brand and product launch conference, officially launching its new premium brand "Wow" and unveiling its first product, the "Wow BFF Machine". This smart speaker focuses on a premium experience, boasting powerful performance, exceptional audio quality, and rich features, undoubtedly becoming another heavyweight product in the smart home field...
Mobile Internet 2024-08-06 10:51:04 -
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 -
Hi Enjoy 70m Appears in China Telecom's Terminal Product Library: An Affordable 5G Phone Option
Hi Enjoy 70m Appears in China Telecom's Terminal Product Library: An Affordable 5G Phone OptionIT Home, August 5th, 2023 - A Hi Enjoy 70m, model number MKY-AN20, has recently appeared in China Telecom's Terminal Product Library. This device will be the newest addition to the Hi brand, targeting the affordable 5G phone market...
Mobile Internet 2024-08-06 10:47:44 -
Crypto Market Suffers "Time-Triggered" Algorithmic Sell-Off, Bitcoin Plunges Below $54,000
Crypto Market Suffers "Time-Triggered" Algorithmic Sell-Off, Bitcoin Plunges Below $54,000The cryptocurrency market continued to face heavy selling on Monday, following a weekend slump, with Bitcoin dropping below $54,000, at one point experiencing a daily decline of over 10%. Ethereum also plummeted below $2,300, witnessing a loss of over 13%...
Blockchain 2024-08-05 12:05:41 -
Tesla's Mexico Plant Plans Shift: Musk Responds to Trump's Tariff Policy, Lopez Counters with "Not Serious" Claim
Tesla's Mexico Plant Plans Shift: Musk Responds to Trump's Tariff Policy, Lopez Counters with "Not Serious" ClaimElon Musk, CEO of American electric vehicle manufacturer Tesla, recently announced that the company will pause its plans to build a new factory in Mexico. He stated that Tesla will re-evaluate its decision to invest in building a Gigafactory in Mexico after the US presidential election...
Industry dynamics 2024-08-04 10:16:37 -
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 -
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 -
OpenAI Moves Towards Commercialization: Introducing GPT-4o mini, Smaller and More Affordable
OpenAI Moves Towards Commercialization: Introducing GPT-4o mini, Smaller and More AffordableOn July 19th, OpenAI launched its new language model, GPT-4o mini, marking the company's official foray into commercialization. GPT-4o mini is smaller and more cost-effective, offering a more affordable option for enterprise clients...
Industry dynamics 2024-08-02 17:50:44 -
Gates Praises Musk's Climate Efforts but Wants Him to Talk About It More
Gates Praises Musk's Climate Efforts but Wants Him to Talk About It MoreOn July 22, Microsoft co-founder Bill Gates expressed high praise for Tesla CEO Elon Musk's contribution to tackling the climate crisis during a recent interview, calling it "extremely important." However, Gates also wished Musk would discuss the topic more frequently...
Industry dynamics 2024-07-31 17:16:31
