Gemini sells its UK and European operations to KAST for less than $10 million.

Binance has officially announced that Binance Wallet will distribute the latest Binance Alpha airdrop at 19:00 Beijing time today. Users holding at least 250 Binance Alpha points are eligible to claim the token airdrop on a first-come, first-served basis, until the airdrop pool is exhausted or the event concludes.

Beating AI News Flash: OpenAI announced that ChatGPT Finances has officially launched as a desktop application. Users can request the AI to generate personalized widgets based on their financial data, which will display directly on the Mac desktop. In an official demo, a user used a single prompt to have ChatGPT create three separate small windows showing monthly spending, investment assets, and their child’s college savings progress respectively. These widgets appear on the desktop right next to the chat window. The savings widget also allows adjusting monthly deposit amounts to predict when the goal will be reached. The data comes from the user’s authorized real financial accounts. ChatGPT integrates with bank, credit card, and brokerage accounts via Plaid, enabling it to analyze spending, identify duplicate subscriptions, track investments, and develop savings plans.

According to data from the BIT Stock Platform, pre-market trading in US stocks saw Neocloud, optical communications, semiconductor and storage stocks all decline across the board. Optical communications-related stocks fell: Coherent (COHR) down 4.9%, Lumentum (LITE) down 4.02%, Credo (CRDO) down 4.19%, Applied Optoelectronics (AAOI) down 4.73%, Ciena (CIEN) down 3.32%. The Neocloud sector also dropped across the board: CoreWeave (CRWV) down 6.8%, Nebius (NBIS) down 1.29%, IREN down 4.41%, Cipher Digital (CIFR) down 3.38%, Astera Labs (ALAB) down 3.81%. Storage stocks declined across the board: SanDisk (SNDK) down 3.77%, Seagate Technology (STX) down 3.36%, Western Digital (WDC) down 3.34%, Micron Technology (MU) down 3.27%. Cryptocurrency-related stocks fell: MARA Holdings (MARA) down 2.74%, Robinhood (HOOD) down 1.88%, Coinbase (COIN) down 2.69%, Strategy (MSTR) down 4.32%, Circle (CRCL) down 2.77%, Bitmine (BMNR) down 3.17%, BNB Standard (BNC) down 2.58%.

According to Bitget market data, spot silver has fallen below $51 per ounce for the first time since November 4, with an intraday decline of 1.43%. New York silver futures dropped 2.00% on the day, currently trading at $50.96 per ounce.

According to data from the BIT Stock Platform, NVIDIA’s U.S. pre-market shares fell 6.8%. Earlier reports stated that NVIDIA’s board of directors is preparing to oust Jensen Huang and plans to hold a meeting as early as the same day. The company is considering appointing an interim chief executive officer before conducting a broad search for a permanent successor, and will collaborate with external firms to identify potential new CEO candidates.

Serenity wrote in a post that Jensen Huang is nearly irreplaceable for NVIDIA. This is comparable to the scenario where if Tesla lost Elon Musk, the company’s valuation and market confidence could collapse. Before the AI boom, Huang bet on CUDA and set out to build the Neocloud ecosystem; he locked in key supply chain capacity years in advance, and launched rack-level systems integrating components such as CPUs and network equipment. By investing in firms including Marvell (MRVL) and MediaTek, he turned the competitive threat from ASICs into new growth opportunities, competed with Broadcom (AVGO), while integrating these partners into NVIDIA’s NVLink ecosystem. These decisions demonstrate astonishing foresight. Huang almost single-handedly built the financial and industrial ecosystem surrounding the current AI investment boom. He grew NVIDIA from a startup to a giant with a market cap exceeding $5 trillion, and on this foundation, the company is still expected to achieve continuous growth, with an estimated future growth rate of 70% in fiscal 2028. It is also remarkable that it can sustain this growth expectation at such a massive scale. While we generally do not express negative views on companies, even if NVIDIA’s actual revenue or product roadmap does not undergo substantial changes in the next two years, simply replacing this representative figure of the AI investment wave and tech visionary could bring catastrophic impacts to NVIDIA’s long-term development.