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09:35
From "Cash-Burning Black Hole" to "Monetization Engine": Meta (META.US) Unlocks Valuation Potential Through Computing Power Monetization, as Deutsche Bank and Morgan Stanley Are Both Bullish
After the news broke, Deutsche Bank and Morgan Stanley both raised their evaluations of Meta’s cloud business prospects. They believe monetizing excess computing power is a highly attractive short-term EPS goldmine, which not only effectively reduces the risk exposure of high capital expenditures, but also opens up a whole new realm of possibilities for the market.
09:34
Ukrainian police bust cryptocurrency scam exchange network, seizing over $448,000 in cash
BlockBeats news, July 3, according to Ukrainian media Interfax, Ukrainian law enforcement authorities have seized an exchange network suspected of cryptocurrency fraud, confiscating over 448,000 US dollars in cash. Ukrainian police conducted more than 40 search operations across 7 regions nationwide and detained one suspect.
09:14
Bank of America: Investors Are Withdrawing from the U.S. Stock Market at the Fastest Pace Since March
Golden Finance July 3rd|According to Bank of America data, investors are withdrawing from the US stock market at the fastest pace since March. For the week ending July 1st, US equity funds saw a net outflow of 17.2 billion USD, marking the first net outflow in three months.
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