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Silicon Valley spends big to sidestep Trump’s tariffs
Silicon Valley spends big to sidestep Trump’s tariffs

Share link:In this post: Apple pledged $600 billion in U.S. investments to avoid Trump’s 100% chip tariff. Nvidia and AMD must give 15% of their China revenue to the U.S. to keep selling chips. Tech leaders and analysts say these deals are to avoid heavy tariff penalties.

Cryptopolitan·2025/08/13 21:45
Bitcoin Hits New All-Time High – What’s the Next Target for Bulls?
Bitcoin Hits New All-Time High – What’s the Next Target for Bulls?

Bitcoin price has set a fresh record at $123,505, fueled by easing miner sell pressure and aggressive buy-side activity in perpetual futures. With $124,000 now the key level to beat, bulls are eyeing $127,000 as the next target — but the rally’s strength will depend on defending $120,000.

BeInCrypto·2025/08/13 19:35
Flash
  • 19:49
    Fed rate cuts push Russell 2000 Index to record high
    Jinse Finance reported that after a record-breaking rally in U.S. stocks, small-cap stocks have finally joined the surge, ending their slump that began at the onset of the pandemic. Following the Federal Reserve's rate cut, the Russell 2000 Index rose by 2.1% to 2,453.36 points, surpassing its previous record closing high set in November 2021 for the first time. The index later pared some of its gains but is still on track to end its longest streak without a record high since the dot-com bubble era. Doug Beath, Global Equity Strategist at Wells Fargo Investment Institute, stated that this rally in small-cap stocks coincides with "a surge in risk appetite, alongside market expectations that the Federal Reserve may cut rates three times this year."
  • 19:40
    Powell: This rate cut is a risk management cut
    ChainCatcher news, according to Golden Ten Data, the Federal Reserve cut interest rates by 25 basis points in September, a move supported by most Trump-appointed Fed officials, with only the newly appointed governor Milan opposing, who hoped for a 50 basis point cut. At the press conference, Fed Chairman Powell stated that Wednesday's rate cut was a risk management decision, adding that he did not see the need to adjust rates quickly. Risk Warning
  • 19:28
    Powell: Default rates are not yet a cause for concern, but need to be monitored
    According to Golden Ten Data, ChainCatcher reported that Federal Reserve Chairman Jerome Powell stated that the current default rate has not yet reached a level of significant concern, but it still requires close attention.
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