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SCOTUS Considers Trump’s Authority Over Federal Reserve as Bostic Steps Down During Leadership Upheaval
SCOTUS Considers Trump’s Authority Over Federal Reserve as Bostic Steps Down During Leadership Upheaval

- Fed President Raphael Bostic retires at 59, departing Atlanta Fed's Sixth District amid leadership turbulence and Trump's legal challenge over Lisa Cook's removal. - Trump's attempt to dismiss Biden-appointed Governor Cook faces Supreme Court review, testing Fed independence under the "for cause" standard in the Federal Reserve Act. - Bostic's tenure emphasized economic inclusion and FOMC policymaking, with his early retirement contrasting typical Fed retirement norms and coinciding with Trump's broader

Bitget-RWA·2025/11/15 16:04
Interlink's advancements in sensor technology fuel strategic expansion despite market fluctuations
Interlink's advancements in sensor technology fuel strategic expansion despite market fluctuations

- Interlink's stock tested $15 support amid mixed sentiment, with analysts targeting a $23 rebound driven by Q3 revenue growth and strategic moves. - The firm secured $375K in SBIR grants for AI-powered food-safety sensors and announced a 50% stock dividend to simplify its capital structure. - Despite a $336K quarterly loss, gross margin rose to 41.8%, and management emphasized 2026 growth through M&A and innovation in sensor technology. - Analysts link the $23 price target to successful SBIR project scali

Bitget-RWA·2025/11/15 16:04
Zcash News Update: Cypherpunk Increases Holdings of 'Encrypted Gold' Amid Shift Toward Privacy
Zcash News Update: Cypherpunk Increases Holdings of 'Encrypted Gold' Amid Shift Toward Privacy

- Cypherpunk Technologies , rebranded from Leap Therapeutics, invested $50M in Zcash (ZEC), acquiring 1.25% of its supply to pivot to blockchain privacy solutions. - The move, backed by Winklevoss Capital's $58.88M funding, aims to accumulate 5% of Zcash's 21M tokens, positioning the firm as a major institutional player in privacy-focused crypto. - Zcash's 1,000% YTD surge to $468 and zero-knowledge proof technology highlight its appeal as "encrypted bitcoin ," contrasting with Bitcoin's transparency while

Bitget-RWA·2025/11/15 16:04
Bitcoin News Update: Strong Retail Demand and Regulatory Factors Sustain Elevated Bitcoin Premium in South Korea
Bitcoin News Update: Strong Retail Demand and Regulatory Factors Sustain Elevated Bitcoin Premium in South Korea

- South Korea's Bitcoin Kimchi Premium hit 4.12% on Nov 16, reflecting strong local demand amid global crypto volatility. - Analysts link the premium to retail-driven speculation, limited institutional involvement, and regulatory restrictions on cross-border trading. - The cyclical premium since 2020 highlights South Korea's unique market structure with fragmented exchanges and active retail participation. - Regulatory balancing acts between crackdowns on unlicensed platforms and blockchain innovation sust

Bitget-RWA·2025/11/15 16:04
Flash
21:02
Oracle's Data Center Spending Exceeds Expectations, Shares Drop Over 7% After Hours
On June 11, Oracle reported quarterly capital expenditures that exceeded expectations, raising investor concerns about the profitability of the company's AI infrastructure business. Oracle's stock fell over 7% in after-hours trading. For the fiscal quarter ending May 31, the company's capital expenditures totaled $15.9 billion, bringing the total for the year to $55.7 billion, higher than Oracle's previous forecast of $50 billion. Oracle's adjusted earnings per share for the fourth quarter were $2.11, compared to an expectation of $1.97; adjusted revenue for the fourth quarter was $19.18 billion, above the expected $19.09 billion; and fourth-quarter cloud infrastructure revenue (IaaS) was $5.79 billion, estimated at $5.72 billion. Oracle expects total revenue growth of 27% to 29% in the first quarter. The company anticipates adjusted earnings per share for the first quarter to be between $1.72 and $1.76, while the market expectation is $1.69. Oracle projects to raise approximately $40 billion through debt and equity financing by fiscal year 2027, which includes a previously announced $20 billion market-priced issuance plan.
20:21
U.S. Stock Indices Close Lower
All three major U.S. stock indices closed lower, with the Dow Jones down 1.88%, the Nasdaq down 1.98%, and the S&P 500 down 1.61%. Chip stocks fell sharply, with Qualcomm dropping over 6%, Broadcom, Western Digital, and ARM down over 5%, and TSMC, Micron Technology, and AMD down over 4%. NVIDIA fell 3.7%. Alcoa dropped 9.5%, marking its worst single-day performance since April 2025. Advanced Micro Devices closed down 28%, the largest decline since March.
17:54
Amazon Secures $17.5 Billion Loan Facility Led by Citigroup
On June 11, Amazon disclosed in regulatory filings that it has signed a loan agreement totaling $17.5 billion with a syndicate led by Citigroup. According to the regulatory documents submitted on Wednesday, the lenders have agreed to provide this delayed draw term loan (DDTL), which will remain available until the end of September this year. Amazon is required to repay any borrowed amounts within three years from the date of borrowing. The interest rate on the loan will be based on the secured overnight financing rate (SOFR), plus an additional 0.625 to 0.875 percentage points, depending on Amazon's credit rating. Other banks participating in this transaction include JPMorgan Chase, Bank of America, HSBC, and Wells Fargo, along with a dozen other banks involved in the financing.
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