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Share link:In this post: Temu restarts direct China-to-US shipping after tariff truce eases pressure on low-cost imports. Company boosts U.S. ad spending and builds in-house logistics to reduce customs risks. U.S. sales are recovering slowly with mixed supplier results despite resumed shipping.
Share link:In this post: Nikkei and Asahi Shimbum allege that Perplexity used their content without permission. They join other news publishers suing the AI firm for copyright infringement. The Japanese media groups want $14 million each from Perplexity in damages.
Share link:In this post: Apple’s stock jumped 9.4% in August after Tim Cook pledged $100 billion to US manufacturing. Trump’s $800 million tariff hit triggered the earlier selloff, but tensions have eased. New AI plans and strong iPhone sales in China helped boost investor confidence.
Share link:In this post: Nvidia faces uncertainty in China after a US deal requiring 15% revenue sharing and Beijing’s pushback on chip imports. Analysts expect Nvidia to guide $52.96 billion in Q3 revenue, with up to $6 billion from China despite pressure on margins. Options traders anticipate a $260 billion market swing after earnings, with shares already up 34% in 2025.
Trump’s bid to fire Lisa Cook could hand him control of the Fed, opening the door to rate cuts and crypto gains while risking market turmoil.
- 03:16Solana infrastructure project Raiku completes $13.5 million financingJinse Finance reported that blockchain startup Raiku has announced the completion of a $13.5 million seed and pre-seed funding round, with investors including Pantera Capital, Jump Crypto, and Lightspeed Faction. The project aims to provide the Solana network with a predictable and "guaranteed" transaction execution environment by building block space coordination infrastructure. Raiku founder Robin Nordnes pointed out that while Solana is known for its high speed, its reliability drops significantly during network congestion. Raiku enables developers and institutions to pre-confirm transactions with microsecond-level precision through a parallel execution layer and block space reservation mechanism, ensuring execution reliability even under extreme load. Raiku's testnet is currently live, and the mainnet is planned to launch in 2026. The funds raised will be used to accelerate technology development and ecosystem expansion.
- 03:16Analysis: Nvidia's Investment in OpenAI Rekindles Concerns of an AI BubbleJinse Finance reported that after OpenAI and Nvidia (NVDA.O) jointly fueled the global artificial intelligence boom for three years, the two parties have teamed up again. However, this deal has quickly sparked market concerns about an AI bubble. Nvidia announced on Monday that it will invest up to $100 billion in OpenAI to help the latter support the construction of massive data centers, which will be equipped with Nvidia chips. Analysts questioned whether Nvidia is making heavy investments to maintain the market and encourage these companies to continue purchasing its products. "This move will obviously intensify 'circular' concerns," wrote Bernstein analyst Stacy Rasgon. According to PitchBook data, Nvidia participated in more than 50 different AI company venture capital deals in 2024, and is expected to surpass this number this year. However, Rasgon noted that the scale of the OpenAI investment "seems to far exceed all other deals," and this transaction "may make these concerns even more serious and raise doubts about the rationale behind this move."
- 03:15Trump: With EU support, Ukraine is capable of reclaiming all lost territories and will continue to provide weapons to NATOJinse Finance reported that U.S. President Trump stated in his latest social media post: After fully understanding the military and economic situation between Russia and Ukraine, and seeing that Russia has fallen into economic difficulties as a result, I believe that with the support of the European Union, Ukraine has the capability to fight and reclaim all its original territories. With time, patience, and especially NATO's financial support, it is entirely feasible to restore the original borders before the conflict began. Russia has blindly fought this war for three and a half years, and for a truly powerful military nation, it would take less than a week to win—this makes Russia look like a "paper tiger." When the Russian people find themselves waiting in long lines just to get gasoline, and most of the funds in Russia's wartime economy are being used for the conflict with Ukraine, Ukraine will be able to reclaim its original territories, and may even go further. Putin and Russia are currently facing tremendous economic difficulties, and this is the time for Ukraine to take action. The United States will continue to provide weapons to NATO and let NATO decide how to use them. Good luck to everyone!