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Fed Rate Cut Triggers Massive US Stock Market Plunge: Dow, Nasdaq, S&P 500 All Plummet, Crypto Market Devastated
Fed Rate Cut Triggers Massive US Stock Market Plunge: Dow, Nasdaq, S&P 500 All Plummet, Crypto Market DevastatedOn December 18, 2023, the US stock market experienced a significant sell-off, with all three major indices closing sharply lower, sending shockwaves through the market. The Dow Jones Industrial Average plummeted 1123...
Blockchain 2024-12-19 08:35:57 -
Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional Showdown
Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional ShowdownPresident Trump's proposed creation of a US "strategic bitcoin reserve" is facing strong headwinds from the Federal Reserve. The plan has garnered significant market attention since the price of bitcoin surged above $100,000 following Trump's November 5th election victory...
Blockchain 2024-12-19 08:28:07 -
Huawei Mate70 Series Sales Boom: High Demand Leads to 30% Production Increase
Huawei Mate70 Series Sales Boom: High Demand Leads to 30% Production IncreaseThe Huawei Mate70 series has achieved remarkable sales since its launch, demonstrating strong market appeal. According to digital blogger @DigitalChatStation, the Mate70 series' activation sales in the first two weeks showed a significant year-on-year increase compared to its predecessor...
Mobile Internet 2024-12-19 08:23:28 -
Bitcoin Plunges: Fed's Hawkish Stance Shakes Crypto Market
Bitcoin Plunges: Fed's Hawkish Stance Shakes Crypto MarketBitcoin suffered a significant setback on December 18th, plummeting over 5%its largest single-day drop in over three months. This sharp decline is part of a broader sell-off in global speculative assets, directly triggered by the Federal Reserve's more cautious signals regarding future interest rate cuts...
Blockchain 2024-12-19 08:22:39 -
Fed's Unexpected Rate Cut Shift Creates Market Tremors: A Deep Dive into Global Economy and Stock Markets
Fed's Unexpected Rate Cut Shift Creates Market Tremors: A Deep Dive into Global Economy and Stock MarketsThe Federal Reserve's 25-basis-point interest rate cut, as expected, was overshadowed by its indication of only two more rate cuts totaling 50 basis points next year. This was far below market expectations (four 25-basis-point cuts were anticipated in September)...
Blockchain 2024-12-19 08:19:43 -
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future Uncertainty
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future UncertaintyFederal Reserve Chairman Jerome Powell definitively stated at a press conference following the December interest rate meeting that the Fed will not include Bitcoin in its balance sheet. This statement directly addressed market speculation about the Fed potentially holding Bitcoin, injecting a degree of certainty into the future of the cryptocurrency market...
Blockchain 2024-12-19 08:08:25 -
OnePlus Ace5 Series Imminent: Powered by Snapdragon 8 Gen 3/Snapdragon 8+ Gen 1, Showcases Stunning Titanium Colorway
OnePlus Ace5 Series Imminent: Powered by Snapdragon 8 Gen 3/Snapdragon 8+ Gen 1, Showcases Stunning Titanium ColorwayThe annual year-end battle in the smartphone market is about to begin, and OnePlus is joining the fray. On December 19th, OnePlus officially announced the launch date for its Ace5 series...
Mobile Internet 2024-12-19 07:57:15 -
The Fed's Surprise "Hawkish" Turn: 25-Basis-Point Cut Triggers Stock Market Plunge and Global Market Turmoil
The Fed's Surprise "Hawkish" Turn: 25-Basis-Point Cut Triggers Stock Market Plunge and Global Market TurmoilReasons Behind the Fed's "Hawkish" Stance and Market Reaction:This action sharply contrasted with market expectations of continued significant rate cuts by the Fed next year, further fueling US equity gains. The Fed's cautious stance triggered a surge in US Treasury yields, with the 10-year Treasury yield briefly exceeding 4...
Blockchain 2024-12-19 07:15:26 -
Apple Scraps iPhone Hardware Subscription Plan: Regulatory Concerns and Technical Issues Cited
Apple Scraps iPhone Hardware Subscription Plan: Regulatory Concerns and Technical Issues CitedApple has officially abandoned its much-anticipated iPhone hardware subscription service, according to Bloomberg reporter Mark Gurman. The decision, ending two years of development, halts a plan that would have allowed users to receive a new iPhone annually for a monthly fee, offering a more accessible option for those unable to afford the upfront cost...
Mobile Internet 2024-12-19 06:55:49 -
A Detailed Guide to Shooting and Editing Live Photos with the Huawei Mate70 Pro+: Yu Chengdong's Weibo Debut Showcases the AITO M7 "Coming Alive"
A Detailed Guide to Shooting and Editing Live Photos with the Huawei Mate70 Pro+: Yu Chengdong's Weibo Debut Showcases the AITO M7 "Coming Alive"On December 18th, Huawei's Executive Director, Yu Chengdong, posted a live photo of the AITO M7 on his personal Weibo account, marking his first time sharing a live photo on the platform. Titled "Coming Alive," the image not only demonstrates the smooth and precise operation of the AITO M7 but also highlights the powerful imaging capabilities of the Huawei Mate70 Pro+...
Mobile Internet 2024-12-19 00:37:33 -
The Small-Screen Smartphone Market Explodes in 2024: A Lineup of Flagship and Mid-Range Models Ready to Launch
The Small-Screen Smartphone Market Explodes in 2024: A Lineup of Flagship and Mid-Range Models Ready to LaunchThe small-screen smartphone market has seen a resurgence, with straight-screen designs becoming the norm, appealing to consumers who value compact and portable devices. Just a few years ago, small-screen phones were scarce...
Mobile Internet 2024-12-18 22:55:19 -
Huawei Pura80: Kirin 9020 Power, OmniVision OV50K Sensor, 5600mAh Battery, and Straight/Slightly Curved Screen Options
Huawei Pura80: Kirin 9020 Power, OmniVision OV50K Sensor, 5600mAh Battery, and Straight/Slightly Curved Screen OptionsHuawei, after a successful 2023 with several flagship releases, is already setting its sights on 2024. The highly anticipated Huawei Pura80 has recently leaked, revealing key specifications and generating significant buzz...
Mobile Internet 2024-12-18 21:57:51
