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πŸ‡ΊπŸ‡² SEC has issued a warning that it might challenge any payments to #FTX creditors if stablecoins are employed for returning funds.

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πŸ”₯πŸ”₯ JUST IN : The #Qatar πŸ‡ΆπŸ‡¦ Financial Centre has revealed a new foundational framework for digital assets, according to a report by Cointelegraph.

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🐟Abu Dhabi πŸ‡¦πŸ‡ͺ has launched a sea-cage aquaculture project that will produce 100 tonnes of fish annually.

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BREAKING:πŸ‡©πŸ‡ͺ Germany's far-right AfD party wins first state election since WWII - Sky

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πŸ‡ΊπŸ‡ΈThe US Stock Market πŸ“ˆ Is Closed Today For Labor Day.

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🚨🚨 The forecast for Australia's πŸ‡¦πŸ‡Ί second quarter #GDP indicates economic stagnation, with a continued decline in per capita economic performance.

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πŸš€ Elon Musk just said #xAI built the most powerful AI training system in the world.

Elon Musk said β€œColossus” has 100k of Nvidia’s $NVDA H100 chips

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Forwarded from AI News
πŸ“± Amazon is set to overhaul its #Alexa virtual assistant, integrating Anthropic's Claude #AI model to enhance its capabilities, with a new premium version scheduled to launch in October.

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πŸ”₯πŸ”₯ BREAKING : Elon Musk’s #𝕏 launches SmartTV APP to compete with YouTube.

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πŸ”₯ JUST IN : #Bluesky Signups Soar By 1 Million After X is Banned in Brazil πŸ‡§πŸ‡·

BlueSky the decentralized alternative to #X is flooded with new users and sees 15 times its normal traffic over the weekend.

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πŸ”₯ JUST IN : The Japanese πŸ‡―πŸ‡΅ government is considering changing the current maximum tax rate of 55% for cryptocurrencies to a unified 20% tax rate in response to investor feedback.

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πŸ”₯πŸ”₯ JUST IN: European Union πŸ‡ͺπŸ‡Ί countries are importing more gas from #Russia πŸ‡·πŸ‡Ί than from the #US πŸ‡ΊπŸ‡Έ for the first time in two years, according to consulting firm Bruegel.

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πŸ”₯πŸ”₯ BREAKING: Brazil πŸ‡§πŸ‡· Supreme Court announces it will no longer impose fine for use of VPN to access #X.

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πŸ‡©πŸ‡ͺVolkswagen plans to close Factories in Germany - Bloomberg

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πŸ“£ Huawei is planning to launch new products at an event, just hours after Apple $AAPL unveils the new iPhone 16 this month - Bloomberg

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🚨🚨 JUST IN: 52% Inflation in #Turkey πŸ‡ΉπŸ‡· for August (YoY) - Bloomberg

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πŸ‡©πŸ‡ͺ Germany's Stock Market hits record high despite the economy shrinking during the last quarter

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πŸ”₯ NEW : Apple $AAPL 🍎 will reportedly use OLED displays for all #iPhone models sold in 2025 and later, moving entirely away from liquid crystal displays (LCDs) - Reuters

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🚨 #NVIDIA shares have plummeted nearly 10% today and have dropped below $110.

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πŸ“ September is historically the worst month of the year for stocks:

The S&P 500 has fallen -2.3% on average in September over the last 10 years, marking the only month with negative returns.

Since World War II, the average September return has been negative, at -0.8%.

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πŸ“Š Current situation:

1. Stocks are falling like the big tech bubble has popped

2. Oil prices are falling like we are entering a recession

3. Gold prices are falling like rate cuts got cancelled

4. Bond prices are falling like inflation is on the rise

5. Natural gas prices are falling like there's no demand

6. Crypto is falling like risk appetite has disappeared

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