XPeng Motors (XPEV. N) expects second-quarter revenue of 17.50 billion to 18.70 billion yuan.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 2.2% in the second quarter, compared with a previous estimate of 1.1%.
On April 29, the US Treasury said on Monday that it expects to borrow $514 billion net in the second quarter, up $391 billion from its February estimate, mainly due to lower cash balances at the beginning of the quarter and lower net cash flow projections. The Treasury said in a statement that the second-quarter financing estimate assumes a cash balance of $850 billion at the end of June. Excluding the lower-than-expected cash balance at the beginning of the quarter, the second-quarter borrowing...
The US Treasury on Monday said it expects to borrow $514 billion net in the second quarter, up $391 billion from its February estimate, mainly due to a low cash balance at the start of the quarter and a lower forecast of net cash flow. The second-quarter financing estimate assumes a cash balance of $850 billion at the end of June, the Treasury said in a statement. Excluding the lower-than-expected cash balance at the start of the quarter, the second-quarter borrowing estimate is $53 billion lowe...
Market news: US Treasury expects to borrow $514 billion in the second quarter.
TSMC (TSM. N): Second-quarter revenue is expected to reach $28.40 billion to $29.20 billion.
The Nasdaq 100 index fell 8.3% in the first quarter, marking its worst quarterly performance since the second quarter of 2022.
On March 31, the General Office of the Ministry of Finance announced the issuance of key maturity government bonds, short-term government bonds, ultra-long-term general government bonds, savings government bonds, and central Financial Institutions Group-funded special government bonds in the second quarter of 2025. Among them, 30-year ultra-long-term general government bonds will be renewed on April 11; on April 24, the central Financial Institutions Group-funded special government bonds in 2025...
Over the past 13 years, bitcoin has experienced price increases at least seven times in the second quarter, with an average increase of 27%.
Shanghai Clearing House: From the second quarter of 2025, it will continue to waive the bilateral net clearing fee, bilateral full clearing fee and clearing exit fee for foreign exchange transactions. The exemption period is tentatively set for one year, and further notice will be given after the expiration of the period.
U.S. stocks opened lower, with the Dow down 0.42 percent, the S & P 500 down 0.28 percent and the Nasdaq down 0.2 percent. Broadcom (AVGO. O) rose 4.8 percent as the company forecast second-quarter earnings to beat expectations. Popular Chinese stocks rose, with XPeng Motors (XPEV. N) up 3.3 percent, Bilibili (BILI. O) up 3.9 percent and Alibaba (BABA. N) up 2.0 percent.
Starknet announced that the second phase of the STRK staking program will be launched in the second quarter of 2025. Data show that the first phase has attracted more than 60,000 delegates to participate, with a total of 150 million STRKs pledged, and a total of 100 validators connected to the network. Starknet said that the first phase was mainly used to test the basic principles of the pledge mechanism and economic parameters, which lasted about three months. The second phase will give validat...
On October 11th, Messari released the second quarter status report of Aptos. The core data shows that Aptos has set a new L1 blockchain daily transaction record, including: the average daily transaction volume increased by 474% to 4.40 million; Aptos' DeFi TVL increased by 123% quarter-on-quarter, reaching 75 million APT (about 603 million US dollars); daily DEX transaction volume increased by 189% to 30 million US dollars.
According to Coinpost, Tether, a stablecoin USDT issuer, revealed in its financial statements for the second quarter (Q2) of 2024 that the company's net profit reached a record high of $5.20 billion in the first half of this year. In the second quarter (April-June) of 2024, the company achieved a net profit of $1.30 billion, a record high. Tether's revenue in 2023 is $6.20 billion, more than BlackRock's $5.50 billion revenue in the same year. BlackRock has 20,000 employees, while Tether has 100 ...
The quarterly rate of employment in the second quarter of the euro area was 0.2%, compared with expectations of 0.2% and the previous value of 0.20%.