EUR/USD 1.12377
0.164%
Gold 4168.72
-0.043%
Oil 98.821
2.843%
USD/JPY 157.991
0.009%
GBP/USD 1.33278
0.397%
GBP/JPY 210.572
0.390%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to Politico: Anthropic is quietly marketing its own AI security bill to lawmakers.US President Trump: Biden provided Ukraine with $350 billion worth of equipment and cash. This is bad, very bad, absolutely terrible.On October 17, local time, the Security Council held its sixth round of indicative voting on the selection of the next UN Secretary-General on the afternoon of October 16. This round of voting was the first to use colored ballots to separate the votes of the five permanent members. For a candidate to receive the Security Councils final recommendation, they must obtain at least nine "encouragement" votes and have no objections from any permanent member.US President Trump: (Regarding the Strait of Hormuz) What would the Arab countries think if we renamed it the "Trump Strait"? We can easily handle that.On October 17th, according to Axios, John Felton, CFO of Amazon Web Services (AWS), stated that spending on AI infrastructure and services is sustainable because related investments are driving substantial innovation. Felton said that AWSs AI capital expenditures are yielding returns, and businesses should view AI as a tool to improve productivity, not just a means to cut costs. Felton also stated that as of the second quarter, AWS had a backlog of nearly $500 billion in orders, with customers ranging from large enterprises and AI labs to small and medium-sized enterprises, so he is "confident" in the companys capital expenditure arrangements, emphasizing, "The demand is real." He also stated that the payback period for AWSs AI servers is less than three years. Regarding the continued profitability of AI investments, Felton said that internal AWS data shows a "roughly linear relationship" between token usage and productivity gains. AWS is currently experiencing "significant ROI and productivity gains" and plans to further expand related investments.

Crypto Market Daily Highlights – DOGE Hits Reverse in a Mixed Session

Cory Russell

Nov 04, 2022 16:33

微信截图_20221104144355.png


The top 10 cryptocurrency exchanges had a choppy Thursday session. Dogecoin (DOGE), BNB, and XRP all found support as the price fell. BTC broke a four-day losing trend and continued to stay over $20,000.


US economic figures were below forecasts, supporting the cryptocurrency market.


The ISM Non-Manufacturing PMI decreased from 56.7 to 54.4 in October. Analysts predict a drop to 55.5. The Index's sub-components were diverse. The non-manufacturing employment index for ISM dropped from 50.0 to 49.1. The Prices Index, however, increased from 68.7 to 70.7.


The unit labor cost data and other statistics, which were crypto-positive, contained unemployed claims. Initial unemployment claims decreased from 218k to 217k, while unit labor expenses increased by 3.5% in Q3, down from 8.9% in Q2.


The statistics supported the cryptocurrency market, while the NASDAQ Composite Index dropped by 1.73% as traders responded to Fed Chair Powell's comments.


The focus of today's late-day crypto market test will be the US employment data. Better-than-anticipated results would test consumer interest. The NASDAQ 100 Mini was down 12.75 points this morning.

Despite Weak US Economic Indicators, the Crypto Market Finds Support

The crypto market saw a bumpy day on Thursday, plunging to an early low of $944.0 billion and then recovering to a late-morning high of $974.4 billion. The market valuation for cryptocurrencies fell to $952.3 billion in the late morning, but before investors reacted to the ISM Non-Manufacturing PMI, the market cap rose to $966.1 billion before relaxing again.


The cryptocurrency market increased by $4.6 billion to close the day at $956.2 billion despite the late decline.

Suggestion