10 #Bitcoin ETFs inflows 2,586 $BTC(+$247.92M) and 9 #Ethereum ETFs outflows 20,884 $ETH(-$70.69M) yesterday.

On February 27th, U.S. stock markets opened lower: the Dow Jones Industrial Average dropped 0.75%, the S&P 500 fell 0.82%, and the Nasdaq Composite declined 1.2%. Amazon (AMZN.O) edged down 0.44% — the e-commerce giant announced a partnership with OpenAI and invested $500 billion into the AI firm’s new $1.1 trillion funding round. Among crypto-related stocks, MicroStrategy (MSTR) slid 2.63%; Coinbase (COIN) dropped 3.12%, Circle Internet Financial (CRCL) fell 3.21%; Sports Betting & Gaming (SBET) declined 3.61%; and Bit Mining (BMNR) slipped 3.69%.

**Tariff Refund Update** The U.S. Department of Justice (DOJ) must respond by Friday, February 27, to a plaintiff motion seeking expedited refunds of "illegal tariffs" via the Court of International Trade (CIT), CNBC reports. Trade lawyers say over 2,000 businesses have filed tariff-refund claims with the CIT. Plaintiffs fear the government may try to delay the refund process. Last Friday, the Supreme Court ruled tariffs imposed by former President Trump under the International Emergency Economic Powers Act (IEEPA) were illegal, giving federal courts roughly one month to determine next steps (MacroPolo).

**February 27 – U.S. Bureau of Labor Statistics (BLS) data shows January’s Producer Price Index (PPI) rose 0.5% month-over-month (MoM), beating market expectations of 0.3% and December 2024’s 0.4%. Year-over-year (YoY), PPI climbed 2.9%, topping the forecast 2.6%—signaling persistent upstream inflation pressure.** **Excluding food, energy, and trade services, core PPI rose 0.3% MoM (in line with expectations) but jumped to 3.4% YoY, exceeding the 3% consensus. Structurally: energy prices edged lower (wholesale gasoline fell 5.5% MoM and 15.7% YoY), while rising wholesale service prices and expanded retailer/wholesaler profit margins drove the gains.** **Earlier data showed January’s Consumer Price Index (CPI) rose 2.4% YoY, near the Fed’s 2% target. But the stronger-than-expected PPI has amplified concerns over inflation stickiness, likely keeping the Fed cautious on its rate path.** **After the release, international spot gold prices pulled back slightly from highs before par

On February 27, OpenAI—the artificial intelligence firm—announced it has closed a new funding round totaling $110 billion, with a pre-money valuation of $730 billion. Multiple media outlets have confirmed this round as the largest single corporate financing in global history, far surpassing the company’s $40 billion record set in 2025. Key investors in the round include Amazon (contributing $50 billion), Nvidia ($30 billion), and SoftBank ($30 billion). OpenAI stated the massive capital will primarily fund three priorities: accelerating AI infrastructure development, expanding computing power, and researching next-generation cutting-edge models—all to advance its "AI for everyone" mission. Post-money valuation is expected to exceed $840 billion once the round wraps up. This landmark funding underscores the unprecedented demand for massive capital in the AI industry, further solidifying OpenAI’s leading position in global AI competition.

Feb. 27 — OpenAI has landed an additional $11 billion in new funding, pushing its valuation to $730 billion. The company noted that the stake in OpenAI Group held by the OpenAI Foundation is now worth more than $180 billion. ChatGPT boasts over 900 million weekly active users, while the Trinium4 is slated to begin deliveries in 2027.

On February 27, OpenAI announced a new $110 billion investment round at a $730 billion valuation, with investors including Amazon ($50 billion), Nvidia ($30 billion) and SoftBank ($30 billion). OpenAI will partner with Amazon (AMZN.O) to build customized models, leveraging 2 exaflops of compute capacity from AWS Trainium chips via Amazon Web Services (AWS) infrastructure. SoftBank’s total investment in OpenAI is expected to hit $64.6 billion, giving it an approximate 13% post-transaction ownership stake in the company.