EUR/USD 1.11589
0.055%
Gold 4052.41
-0.362%
Oil 101.013
-0.200%
USD/JPY 157.711
-0.075%
GBP/USD 1.33293
0.028%
GBP/JPY 210.222
-0.038%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On October 29th, Sing Tao Daily, citing unnamed sources, reported that the Hong Kong Monetary Authority (HKMA) has again encouraged banks to support developers refinancing to prevent further setbacks in the commercial real estate market. The HKMA recently held a meeting with the Hong Kong Real Estate Developers Association and banks to discuss the debt maturities of some developers. Besides a few large developers, the meeting also addressed the refinancing difficulties faced by several medium-sized developers, who, despite having assets, lack cash flow. An HKMA spokesperson responded that the Authority communicates with banks and other stakeholders from time to time, but declined to comment on the specific content of these communications.The Hong Kong Monetary Authority kept its benchmark interest rate unchanged at 4.25%, while the Federal Reserve held rates steady overnight.On October 29th, following Alphabets (GOOG.O) disappointing third-quarter results, its stock price plummeted, falling over 10% at one point in after-hours trading. Warren Buffetts last major stock investment during his tenure as chairman of Berkshire Hathaway is currently underperforming. Berkshire Hathaway made significant purchases of Alphabet stock in the first half of 2026. In early June, Berkshire participated in Alphabets $85 billion stock offering, purchasing $10 billion worth of shares at approximately $350 per share. Buffett stated in July that the purchase of Alphabet stock was his own decision. The average cost of Berkshires Alphabet stock holdings is currently unknown, but it is likely higher than $300 per share, possibly even approaching $320. As of June 30th, Berkshire held 106 million Alphabet shares, valued at approximately $30 billion based on after-hours trading, down from a peak of $37 billion reached in June. Alphabet is Berkshire Hathaways fourth-largest stock holding, after Apple, American Express, and Coca-Cola.Marathon Petroleum (MRO.N): The quarterly dividend is $1.10 per share, up 10% from the previous period.On October 29th, Microsoft (MSFT.O) projected that its Azure cloud business would accelerate further in the second fiscal quarter, following its faster growth and exceeding the companys own guidance in the first fiscal quarter. At constant currency, Azure revenue is expected to grow 49% to 50% in the second fiscal quarter, compared to 48% growth in the first quarter. Microsoft expects total revenue for the second fiscal quarter to reach $96 billion to $97.1 billion, with revenue from the Intelligent Agents and Infrastructure segment reaching $80.1 billion to $80.7 billion, and revenue from the Devices and Consumer segment, which includes Azure and Microsoft 365, reaching $15.9 billion to $16.4 billion. Analysts surveyed by FactSet currently expect Microsofts second fiscal quarter revenue to be $95.63 billion. Microsoft also expects capital expenditures to exceed $50 billion in the second fiscal quarter, highlighting the substantial costs required to expand its artificial intelligence infrastructure.

Hyundai Will Be the First Automobile Manufacturer to Enter the NFT Market

Cameron Murphy

Apr 19, 2022 10:50


微信截图_20220419104820.png


The Hyundai brand will collaborate with the Meta Kongz NFT brand.


The automaker will also create an NFT community on social media platforms such as Twitter and Discord.


The idea of "Metamobility" was unveiled at CES 2022.


It's no surprise that everyone wants to be a part of the NFT and Metaverse area, and the newest to join is a company from a completely different business than the others.


Hyundai Motor, one of the top ten automakers in the world, has revealed its intention to join the NFT market in a variety of innovative methods.

Hyundai and NFTs

The firm will collaborate with the 'Meta Kongz' NFT brand to develop its own line of NFTs as well as a concept film. Hyundai created a short video showcasing the Hyundai NFT universe idea 'Metamobility Universe' in the search of uniqueness.


The video serves as a presentation for the company's Metamobility Concept, which was unveiled at the CES 2022 (Consumer Electronics Show).


According to the announcement, Thomas Schemera, Hyundai Motor's Global Chief Marketing Officer and Head of Customer Experience Division, said, "The Hyundai NFT Universe will extend the Hyundai brand experience in a completely new way, especially with the MZ generation, further reinforcing our commitment to innovation in both the real world and the metaverse." We're really happy to start this adventure with 'Meta Kongz' and present 'Metamobility' via our own NFTs.


The business plans to launch a separate Hyundai NFT website as well as social channels on Discord and Twitter to build its NFT community.


Hyundai will also offer 30 limited edition 'Hyundai x Meta Kongz' NFTs on April 20 to honor the debut of the concept film. This year, the team plans to extend Hyundai's NFT Universe even further.

The Rise of NFTs?

This year, the market has seen a slew of new NFT collections arrive, and the number continues to climb as more brands join the field via various partnerships.


But, although they view this as a chance to expand, the issue is if this space is expanding or whether the NFT bubble is about to burst.


According to statistics from Ethereum's NFT marketplace Opensea, traffic has been increasing over the previous several days. There was a little drop in sales last week, but things are looking up now.


However, if these sales are ever to approach their previous high of $4.9 billion, they will need to expand dramatically.


Although the bubble may not be collapsing, the monthly drop in trading volume and sales suggests waning enthusiasm.

Suggestion