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Share link:In this post: Japan’s exports dropped 2.6 percent in July, led by steep declines in auto and parts shipments to the US. Tariffs remain high despite a July deal keeping auto duties at 15 percent, far above the pre-tariff 2.5 percent. Trade balance swung to a 117.5 billion yen deficit as imports also shrank, though less than expected.
Share link:In this post: JPMorgan and Mitsubishi UFJ Financial Group are negotiating a $22 billion loan to finance a data center campus in Texas for Vantage Data Centers. The total investment for the campus is projected at $25 billion, with additional equity financing of $3 billion from private capital groups Silver Lake and DigitalBridge. The demand for data centers is surging as companies like xAI and Meta are raising billions to support their AI infrastructure.
Share link:In this post: Trump demanded Federal Reserve Governor Lisa Cook resign over mortgage fraud allegations. Bill Pulte accused Cook of claiming two homes as her primary residence to get better loan terms. Pulte wants the Justice Department to investigate and says there is clear cause for removal.
Share link:In this post: A judge has unblocked crypto assets belonging to Hayden Davis and Ben Chow, who promoted the Libra meme coin. Argentine President Javier Milei promoted the Libra meme coin in February, but it crashed within hours. Milei continues to distance himself from the scandal, even dissolving the task force investigating the matter.
- 22:09The US Dollar Index rose by 0.35% on the 4th.Jinse Finance reported that the US Dollar Index rose by 0.35% on the 4th, closing at 100.225 in the late session of the foreign exchange market.
- 21:11All three major U.S. stock indexes closed lower, with the Nasdaq down 2.04%.Jinse Finance reported that all three major U.S. stock indexes closed lower, with the Nasdaq down 2.04%, the S&P 500 down 1.17%, and the Dow Jones down 0.53%.
- 21:10All three major U.S. stock indexes closed lower, with the Nasdaq falling 2%.ChainCatcher news, according to Golden Ten Data, U.S. stocks closed lower on Tuesday. The Dow Jones Industrial Average preliminarily fell by 0.53%, the S&P 500 Index dropped 1.17%, and the Nasdaq declined by 2%. Tesla (TSLA.O) fell 5%, Nvidia (NVDA.O) dropped nearly 4%, MicroStrategy (MSTR.O) fell more than 6%, while Berkshire Hathaway (BRK.A.N, BRK.B.N) rose more than 2%. The Nasdaq Golden Dragon China Index fell 2.05%, Alibaba (BABA.N) dropped 2%, and Baidu (BIDU.O) rose 3%.