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Temu restarts China-US shipping after trade truce
Temu restarts China-US shipping after trade truce

Share link:In this post: Temu restarts direct China-to-US shipping after tariff truce eases pressure on low-cost imports. Company boosts U.S. ad spending and builds in-house logistics to reduce customs risks. U.S. sales are recovering slowly with mixed supplier results despite resumed shipping.

Cryptopolitan·2025/08/26 13:35
Japanese media houses sue Perplexity for copyright violations
Japanese media houses sue Perplexity for copyright violations

Share link:In this post: Nikkei and Asahi Shimbum allege that Perplexity used their content without permission. They join other news publishers suing the AI firm for copyright infringement. The Japanese media groups want $14 million each from Perplexity in damages.

Cryptopolitan·2025/08/26 13:35
Apple’s stock begins to recover from Trump’s $800 million tariff blow
Apple’s stock begins to recover from Trump’s $800 million tariff blow

Share link:In this post: Apple’s stock jumped 9.4% in August after Tim Cook pledged $100 billion to US manufacturing. Trump’s $800 million tariff hit triggered the earlier selloff, but tensions have eased. New AI plans and strong iPhone sales in China helped boost investor confidence.

Cryptopolitan·2025/08/26 13:35
Nvidia’s earnings in focus amid China sales, US deal and market swings
Nvidia’s earnings in focus amid China sales, US deal and market swings

Share link:In this post: Nvidia faces uncertainty in China after a US deal requiring 15% revenue sharing and Beijing’s pushback on chip imports. Analysts expect Nvidia to guide $52.96 billion in Q3 revenue, with up to $6 billion from China despite pressure on margins. Options traders anticipate a $260 billion market swing after earnings, with shares already up 34% in 2025.

Cryptopolitan·2025/08/26 13:35
Could Donald Trump Take Over the Fed After Firing Lisa Cook?
Could Donald Trump Take Over the Fed After Firing Lisa Cook?

Trump’s bid to fire Lisa Cook could hand him control of the Fed, opening the door to rate cuts and crypto gains while risking market turmoil.

BeInCrypto·2025/08/26 12:21
Flash
16:30
The White House and the U.S. Department of Energy jointly launch the "GenAI Project," with CoreWeave, Nvidia, OpenAI, and xAI among the first selected companies.
According to Odaily, the latest statements from the White House and the U.S. Department of Energy show that 24 leading artificial intelligence companies, including Microsoft, Google, and Nvidia, have signed an agreement with the U.S. government to join the "Genesis Program." Initiated by the White House, this program aims to promote the application of emerging technologies in scientific exploration and energy projects. On the same day, industry participants, U.S. Secretary of Energy Chris Wright, Deputy Secretary of Energy for Science and the Genesis Program Darío Gil, and White House Office of Science and Technology Policy Director Michael Kratsios held a meeting at the White House to launch a public-private innovation partnership in the field of artificial intelligence technology. The goal is to ensure the establishment of scalable national infrastructure in the United States, accelerate scientific development at an unprecedented pace, and ensure that the benefits of artificial intelligence reach the entire nation. The 24 companies include (in alphabetical order): Accenture, AMD, Anthropic, Armada, Amazon AWS, Cerebras, CoreWeave, Dell, DrivenData, Google, Groq, HPE, IBM, Intel, Microsoft, Nvidia, OpenAI, Oracle, Periodic Labs, Palantir, Project Prometheus, Radical AI, xAI, and XPRIZE. (Ke Chuang Daily) Possibly influenced by this news, the stock prices of related companies rose by more than 5%.
16:27
Spot silver surpasses $67 per ounce, setting a new historical record
Jinse Finance reported that spot silver has surpassed $67 per ounce, setting a new historical record with a 2.6% increase on the day. COMEX silver futures rose over 3%, trading at $67.24 per ounce.
16:20
Wintermute analyst: Bitcoin is short-term oversold, but the sideways trend may continue in the near future
According to Odaily, Wintermute trading strategist Jasper De Maere stated that bitcoin is currently short-term oversold, but the sideways trend may continue, and it is likely to fluctuate within the $86,000 to $92,000 range for now. He advised against over-interpreting technical indicators at this stage and expects more profit-taking in the next two weeks, mainly driven by year-end portfolio adjustments and tax considerations. He anticipates that bitcoin's sideways movement will persist until a new catalyst emerges, one of which could be the large-scale options expiry in late December. Although it is too early to assert that the market has bottomed, signs of a bottom are beginning to appear. (CoinDesk)
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