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Bitcoin has decisively broken through the $64,000 resistance level, currently trading at $64,016 with a notable 2.51% gain in 24 hours. The increased market volatility underscores the critical need for investors to implement robust risk management strategies.
Read MoreCXMT has set its STAR Market IPO price at 8.66 yuan per share, with subscriptions opening on July 16. The large-scale offering aims to raise nearly 58 billion yuan, though its high price-to-earnings ratio compared to industry peers has become a focal point for investors.
Read MorePact Labs raised $7 million in a Series A round led by Tether. The funding will accelerate its stablecoin payment infrastructure, aiming to provide salary disbursement, credit, and payment services to millions of US workers through a partnered USD stablecoin.
Read MoreFed Chair expressed optimism about the economy, citing stable labor markets and wage growth, but urged caution regarding the AI boom. He warned that AI-driven investment introduces economic uncertainties, posing new challenges for inflation and employment policy.
Read MoreU.S. core CPI rose 2.6% year-over-year in June, below the 2.8% forecast and cooling from May's 2.9%. Monthly growth stalled at 0%, surprising markets. The larger-than-expected slowdown intensifies speculation that the Federal Reserve could cut interest rates sooner.
Read MoreFollowing the release of softer U.S. June inflation figures, market expectations shifted dramatically. Short-term interest rate futures surged as traders rapidly scaled back bets on additional Federal Reserve rate hikes, signaling a potential pivot in the monetary policy tightening cycle.
Read MoreUS inflation slowed more than expected in June, with the Consumer Price Index rising 3.5% year-over-year, below forecasts. The unexpected monthly decline suggests faster cooling of price pressures, influencing future Fed policy decisions.
Read MoreOn July 14, a top Iranian military advisor stated that the Iran-U.S. memorandum of understanding is gone and the U.S., as the enemy, has formally entered a state of war. This declaration marks a significant escalation in tensions between the two nations.
Read MoreBitcoin has broken through the $63,000 mark, currently trading at $63,000.91 with a 24-hour gain of 0.38%. Significant market volatility underscores the need for investors to prioritize robust risk management strategies in this dynamic environment.
Read MoreThe latest ADP report shows the U.S. added 197,500 private sector jobs in early July, a slight dip from the previous month. This article analyzes the underlying trends, what the data signals about the broader labor market, and key factors to watch moving forward.
Read MoreWarren Buffett announces a major philanthropic move, donating nearly $6 billion in Berkshire Hathaway stock to four foundations. This strategic gift is part of his long-term wealth distribution plan, renewing focus on mega-philanthropy and social impact.
Read MoreNebius Group has inked a long-term compute power supply deal worth over $10 billion with AI startup Reflection AI, extending to 2029. The agreement grants Reflection AI access to computing resources powered by NVIDIA's GB300 AI chips, fueling its advanced AI model development and highlighting the intense competition for strategic AI infrastructure.
Read MoreAlibaba Cloud's model platform Bailian will reduce pricing for the GLM-5.2 Fast mode by 20% starting July 15, 2026. This strategic price cut lowers AI inference costs for enterprises and developers, enhancing access to efficient, budget-friendly large model services.
Read MoreOn July 14th, IBM's stock plummeted 21% in pre-market trading. The company released preliminary Q2 results missing revenue expectations and warned of a single-digit percentage decline in its infrastructure segment, triggering a sharp market reaction.
Read MoreIBM shares tumbled over 13% in pre-market trading after releasing preliminary Q2 results. Revenue of $17.2 billion, up only 1%, fell short of the $17.86 billion estimate. While software revenue grew 5%, infrastructure revenue declined 7%, dragging overall performance. Diluted EPS was $2.27, down 2% year-over-year.
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