News

Jinse Finance reported that the US stock market is leading investors into a one-way upward trend, with the S&P 500 Index having gone 114 consecutive trading days without a 5% pullback. As of press time, S&P 500 index futures and Nasdaq 100 index futures are both up 0.3%. If this trend continues, the two major indices are expected to set the longest winning streak since July. Bank of America strategist Michael Hartnett stated that one investment strategy to respond to the artificial intelligence boom is the "barbell strategy"—balancing the extreme valuation differences by combining low-valued cyclical assets with high-valued technology assets. Positive factors driving market enthusiasm this week include: Global Infrastructure Partners is in-depth negotiations to acquire Aligned Data Centers, and OpenAI continues to announce new partnership projects. According to PitchBook data, since the beginning of this year, venture capital institutions have invested $192.7 billions in artificial intelligence startups, setting a global record. (Golden Ten Data)

According to ChainCatcher, the Openledger Foundation has announced on the X platform that it will launch a buyback program for its native token $OPEN. This program will be funded by the foundation's Enterprise Revenue and aims to enhance liquidity, boost market confidence, and support the sustainable growth of the ecosystem by repurchasing $OPEN tokens from the market.