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  • 22:53
    US-listed company Upexi announces completion of $10 million private placement
    Jinse Finance reported that Nasdaq-listed company Upexi (UPXI) has announced the completion of a private placement, issuing a total of 3,289,474 shares of common stock and warrants. The warrants entitle holders to purchase up to 3,289,474 shares of common stock at a combined purchase price of $3.04 per share. The total funds raised from this placement amount to approximately $10 million. If all warrants are exercised for cash, an additional approximately $13 million is expected to be raised. The company plans to use the net proceeds from this placement for working capital, general corporate purposes, and its internally managed SOL maximum return strategy.
  • 22:27
    Some users are unable to access ChatGPT, OpenAI says countermeasures have been taken
    Jinse Finance reported that OpenAI's AI chatbot ChatGPT is currently experiencing service interruptions for some users. According to an update posted on OpenAI's official status page, the company is "currently experiencing some issues," including a "rise in ChatGPT error rates." The status page also stated: "We have implemented mitigation measures and are monitoring the recovery of the service." OpenAI has not yet responded to requests for comment. According to data from the network outage tracking website Downdetector, about 3,000 users reported issues using ChatGPT on Tuesday.
  • 22:24
    The probability of a 25 basis point rate cut by the Federal Reserve in December reaches 89.2%
    According to ChainCatcher, citing Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 89.2%, while the probability of keeping rates unchanged is 10.8%. By January next year, the probability of a cumulative 25 basis point rate cut is 66.6%, the probability of keeping rates unchanged is 7.7%, and the probability of a cumulative 50 basis point rate cut is 25.7%.
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