20:59 2025-06-26
US Treasury Secretary Vincent Bescent asks Congress to remove "899 retaliation tax provision"The US Treasury has announced an agreement with G7 allies that will exempt US businesses from taxes imposed by some countries. In exchange, the Trump administration will remove the "899 retaliation tax provision" from the "Big and American" tax reform bill. US Treasury Secretary Vincent Bescent said on Thursday: "The global minimum tax policy under the OECD Pillar II framework will not apply to US companies. We will in the coming weeks and several...
20:59 2025-06-26
Sources: Trump will not make a decision on "shadow Fed chair" anytime soonAccording to foreign media reports, a source familiar with the White House deliberations said on Thursday that US President Donald Trump has not yet decided who will replace Federal Reserve Chairperson Powell and will not make a decision soon. The source played down the speed of Trump's possible move. Earlier, the Wall Street Journal reported that Trump was considering nominating Powell's successor in advance, hoping that the person would have immediate influence to persuade the Federal Reserve ...
20:14 2025-06-26
The three major indexes of US stocks collectively closed higher, and Core Scientific rose more than 33%.The three major indices of US stocks collectively closed higher. The Nasdaq index rose 0.97%, the Dow index rose 0.94%, and the S & P 500 index rose 0.8%. Among them, the Nasdaq index and the S & P 500 index both reached record highs. Most large technology stocks rose, Netflix, Amazon, and Meta rose more than 2%, Microsoft, Google, and Intel rose more than 1%, and NVIDIA rose slightly; Apple and Tesla fell slightly. AeroVironment Inc. (AVAV), a development company for unmanned aircraft piloting ...
17:00 2025-06-26
The whole network bitcoin contract unpositioned squaring positions reached $73.77 billionAccording to Coinglass data, the unpositioned squaring position of the bitcoin futures contract on the whole network is 687,990 BTC (about $73.77 billion).
Among them, the unpositioned squaring position of the CME bitcoin contract is 163,180 BTC (about $17.49 billion), ranking first; the unpositioned squaring position of the Binance bitcoin contract is 111,130 BTC (about $11.91 billion), ranking second.
16:42 2025-06-26
CoreWeave is in talks to acquire Core ScientificAccording to the Wall Street Journal, CoreWeave is in talks to acquire Core Scientific. About a year ago, the artificial intelligence company tried and failed to acquire the digital infrastructure company.
A deal could be finalised in the next few weeks as long as talks do not stall, according to people familiar with the matter. The exact terms of the talks are unclear, but Core Scientific has been growing rapidly recently and could command a significant premium.
CoreWeave provides cloud infrast...