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- 21:13Plural raises $7.13 million in seed funding led by ParadigmJinse Finance reported that energy asset management platform Plural has announced the completion of an oversubscribed $7.13 million seed round led by Paradigm, with participation from Maven11, Volt Capital, and Neoclassic Capital, bringing the company's total funding close to $10 million. Plural is committed to bringing high-yield energy assets such as distributed photovoltaics, battery storage, and data centers on-chain through tokenization and smart contracts, enabling institutional investors to efficiently participate in this sector that is traditionally difficult to finance.
- 20:33Bank of America: Serious Internal Disagreements May Emerge at the Fed's September MeetingJinse Finance reported that Bank of America expects significant internal divisions in the Federal Reserve's interest rate decision in September. Dovish members such as Waller, Bowman, Daly, and Milan, who is likely to be confirmed as a board nominee, may push for further rate cuts, while hawkish members such as Harker, Bostic, Musalem, and Schmid emphasize inflation risks. Even if there is a 25 basis point rate cut at the September meeting, there may still be dissenting votes in both directions within the committee.
- 20:08All three major U.S. stock indexes closed higher.Jinse Finance reported that all three major U.S. stock indexes closed higher, with the Dow Jones Industrial Average up 0.77%, the S&P 500 up 0.83%, and the Nasdaq Composite up 0.98%. Chip stocks strengthened, with Western Digital rising over 5% and Micron Technology up more than 4%. Major tech stocks also performed strongly, with Amazon rising over 4%, marking its largest increase since May.