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Citigroup reports Tencent's AI assistant WorkBuddy has reached 20 million MAU and 13 million DAU across platforms, showing strong user engagement. High retention and deep interaction signal a key growth driver for Tencent Cloud, highlighting ecosystem synergy.
Read MoreTether plans to issue USDT natively on Bitcoin via the RGB protocol v0.11.1, potentially marking a return to its original 2014 blockchain home. Commercial implementation is led by UTEXO, with support from wallets and exchanges expected as early as July.
Read MoreBNB has successfully broken through the key $580 resistance level, currently trading at $580.13. Despite a minor 24-hour pullback, market volatility remains high. This article analyzes the current trend and provides essential risk management strategies for investors.
Read MoreOn July 7th, the STAR 50 Index experienced a roller-coaster session. After rising over 2% in the morning, it failed to hold gains and turned negative in the afternoon. Profit-taking in tech stocks and broader market sentiment shifts are seen as key factors. Investors should monitor fund flows and key technical levels.
Read MoreSpot gold prices fell sharply, dropping 1% intraday to $4122.52 per ounce. This article examines the market context, potential drivers behind the move, and implications for investors navigating current gold market dynamics.
Read MoreJPMorgan strategist highlights a shift in AI investment trends, with robotics and autonomous driving poised to lead the next wave. While hardware profitability drives returns, overall market growth is expected to moderate amid evolving competitive dynamics.
Read MoreBitcoin has fallen below the $63,000 mark with a 0.43% decline in 24 hours, signaling increased market volatility. This article examines the current trend, underlying market sentiment, and offers practical risk management guidance for investors navigating uncertainty.
Read MoreA trader opened a $6.27 million short position on SNDK using 10x leverage, currently showing an unrealized profit of approximately $116,000 with an 18.53% ROI. This analysis breaks down the mechanics and implications of this high-stakes leveraged trade.
Read MoreNobel laureate Christopher Pissarides argues AI cannot restore Western economies to past high-productivity growth. He notes many service jobs remain immune, sees scant evidence for AI-driven productivity gains, and challenges optimistic tech forecasts.
Read MoreOn July 7, Hong Kong's key stock indices turned lower in the afternoon session. The Hang Seng Tech Index, which rose over 2% earlier, reversed course to close down 1%. The broader Hang Seng Index also declined by 0.9%, reflecting shifting market sentiment.
Read MoreFTSE China A50 Index Futures dropped sharply by over 1% during the session, reflecting shifting market sentiment and capital flows. This movement signals potential adjustments in short-term risk appetite among investors.
Read MoreBittensor's TAO token has broken below the key $210 level, currently trading at $209.9 with a 1.69% decline over 24 hours. This article examines the price movement, explores potential market drivers behind the increased volatility, and offers practical risk management insights for traders navigating turbulent conditions.
Read MoreKey midday updates on July 7 highlight regulatory warnings from South Korea, a revived fraud lawsuit against DCG in the US, and the closure of YGG's Web3 gaming division. Institutional moves and strategic BTC sales are also in focus.
Read MoreHSBC is reportedly scaling back its high-risk private credit lending operations. This strategic move signals increased caution amid economic uncertainty and could reshape risk appetite within the global private credit landscape.
Read MoreOmdia's latest report forecasts China's semiconductor market will reach $812.08 billion by 2026, with a 92.9% growth rate. The memory chip sector is a key driver, expected to surge 262.9% to $449.6 billion.
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