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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 -
RenDong Holdings Receives Patent for Digital Currency Identity Credentials, Empowering Secure Transactions
RenDong Holdings Receives Patent for Digital Currency Identity Credentials, Empowering Secure TransactionsOn July 23, 2024, according to Tianyancha information, RenDong Holdings Co., Ltd...
Blockchain 2024-08-04 10:06:06 -
Shandong University of Technology Software Acquires Patent for "Blockchain Node Upgrade System and Method for Avoiding Blockchain Forking"
Shandong University of Technology Software Acquires Patent for "Blockchain Node Upgrade System and Method for Avoiding Blockchain Forking"On July 19, 2024, financial news reported that Tianyancha Intellectual Property Information showed that Shandong University of Technology Software Co., Ltd...
Blockchain 2024-08-04 00:10:49 -
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 -
Apple's Third Quarter Revenue Up 4.9% Year-Over-Year, iPhone Sales Decline Slightly But Beat Expectations
Apple's Third Quarter Revenue Up 4.9% Year-Over-Year, iPhone Sales Decline Slightly But Beat ExpectationsAfter the US market closed on Thursday, Apple announced its financial results for the third quarter of fiscal year 2024, ending June 29...
Industry dynamics 2024-08-02 18:17:56 -
The AI Wave Sweeps Latin America: Opportunities and Challenges Await
The AI Wave Sweeps Latin America: Opportunities and Challenges AwaitA recent joint report by the International Labour Organization (ILO) and the World Bank sheds light on the impact of Artificial Intelligence (AI) on the labor market in Latin America and the Caribbean. The report highlights that between 2% and 5% of jobs in the region are at risk of being fully automated, meaning these roles could be replaced by AI technology...
Industry dynamics 2024-08-02 18:13:00 -
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 -
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 -
The Rise of Chinese Electric Vehicles in Europe: The Story Behind the Surge in Sales
The Rise of Chinese Electric Vehicles in Europe: The Story Behind the Surge in SalesJune 2023 saw Chinese car manufacturers achieve a record-high market share of 11% in Europe's electric vehicle market, a clear indication of the rising influence of Chinese EVs in the global market. This growth is a result of several contributing factors, including a pre-tariff buying spree in anticipation of new EU tariffs on Chinese EV imports and government subsidies in European countries...
Industry dynamics 2024-08-02 17:59:32 -
Japanese Auto Giants Join Forces to Counter the Electric Vehicle Surge: Honda, Nissan, and Mitsubishi Form an Alliance
Japanese Auto Giants Join Forces to Counter the Electric Vehicle Surge: Honda, Nissan, and Mitsubishi Form an AllianceAs the electric vehicle wave sweeps across the globe, Japanese automakers are striving to catch up with their overseas rivals. On July 30, sources revealed that Honda, Nissan, and Mitsubishi Motors are in talks to form a strategic partnership...
Industry dynamics 2024-08-02 17:59:06 -
Tesla's California Sales Decline for Third Consecutive Quarter, Market Share Continues to Shrink
Tesla's California Sales Decline for Third Consecutive Quarter, Market Share Continues to ShrinkA recent report released by the California New Car Dealers Association (CNCDA) reveals that Tesla's sales in California declined by 24% year-over-year in the second quarter of this year, marking its third consecutive quarterly sales drop in the state. Although the Model Y remains the best-selling car in California, Tesla's market share in the state continues to shrink...
Industry dynamics 2024-08-02 17:50:56