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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.
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.
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.
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.
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.
- 09:22An address previously deposited funds into usdxmoney, incurring an unrealized loss of approximately $458,000 within two weeks.Foresight News reported, according to monitoring by Lookonchain, an address exchanged 621,000 USDT for USDX and deposited it into usdxmoney two weeks ago. Now, these funds are only worth $163,000, resulting in a floating loss of approximately $458,000 within 14 days. The address has not yet withdrawn the funds.
- 09:22CryptoQuant Analyst: Bitcoin Futures Premium Turns Negative, Market Enters Healthy Deleveraging PhaseForesight News reported that CryptoQuant analyst Axel Adler Jr tweeted, "Yesterday, the basis between bitcoin futures and spot prices dropped into negative territory, which means that some of the long leverage in the futures market has been cleared, and the risk premium of perpetual contracts has almost disappeared. Currently, the market movement is driven more by spot ETFs rather than futures. As long as the basis remains near zero, this is a healthy deleveraging process. If the 7-day basis continues to stay below 0% during a price decline, it may indicate aggressive bearish sentiment in the derivatives market."
- 09:22Codatta airdrop Season 2 to launch, plans to release mobile app within three monthsForesight News reports that KITE AI ecosystem AI project Codatta has announced that the second season of its airdrop will soon go live, introducing new task types and optimizing the incentive mechanism. In addition, Codatta is expected to launch its mobile application within the next three months, providing a smoother experience for data contribution and model evaluation.