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IBM's stock price drop has widened to 26%, marking its largest single-day decline in history.

50 minutes ago

According to market data from BIT (bit.com), IBM’s stock price decline has widened to 26%, marking its largest single-day drop in history.

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Goldman Sachs rose more than 8%, with its stock price hitting a record high.

According to market data from BIT (bit.com), Goldman Sachs (GS.N) rose more than 8% to hit a record high share price. Previous reports noted that Goldman Sachs’ second-quarter equity sales and trading revenue reached $7.42 billion, exceeding the consensus forecast of $5.02 billion.

8 minutes ago

Changxin Technology founder Zhu Yiming's net worth exceeds 30 billion yuan.

According to Yicai, Changxin Technology has set its STAR Market IPO offering price at 8.66 yuan per share. Based on the 1,592,430,946 shares held by Zhu Yiming, founder and chairman of Changxin Technology, the market value of his Changxin Technology stake stands at 13.79 billion yuan. Separately, based on Zhu Yiming’s 5.13% holding in GigaDevice Semiconductor and GigaDevice’s closing market value of 410.3 billion yuan on July 14, the combined market value of Zhu Yiming’s holdings in Changxin Technology and GigaDevice totals 34.8 billion yuan.

8 minutes ago

Coinbase opens registration for Chinese users.

Multiple social media users have reported that crypto exchange Coinbase has opened registration for Chinese users. BlockBeats verified that the Coinbase platform is currently available for registration, with identity verification taking only one minute.

8 minutes ago

Goldman Sachs CEO: AI Development Still in Early Stages

Goldman Sachs CEO David Solomon said that the development of artificial intelligence is still in its early stages. (Jinshi)

8 minutes ago

Warsh is set to attend the U.S. congressional monetary policy hearing at 22:00.

Federal Reserve Chair Walsh is scheduled to attend the House Financial Services Committee’s hearing on the Federal Reserve’s Semi-Annual Monetary Policy Report at 22:00 Beijing time.

8 minutes ago

IBM plunges 23%, notching its largest single-day intraday drop since 1987.

According to market data from BIT (bit.com), IBM (IBM.N) plunged 23%, marking its largest single-day intraday drop since 1987. Earlier reports noted that IBM’s preliminary second-quarter revenue stood at $17.2 billion, against market expectations of $17.86 billion.

8 minutes ago

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