Core Insights - JPMorgan Chase CEO Jamie Dimon has acknowledged the legitimacy of crypto, blockchain, and stablecoins, indicating a significant shift in the bank's stance towards digital assets [1][2] - The bank plans to allow institutional clients to use Bitcoin and Ethereum as collateral for loans by the end of 2025, marking a major integration of digital assets into traditional finance [1][5] Group 1 - Dimon stated at the Saudi Arabia Mega Investment Summit that "Crypto is real. Blockchain is real. Stablecoins are real," highlighting JPMorgan's commitment to these technologies [2] - JPMorgan has launched a pilot for its Deposit Token, a blockchain-based payment instrument that represents real customer deposits, which is interest-bearing and fully backed by bank liabilities [3][2] - The bank's blockchain is private, allowing for full control over permissions and governance, contrasting with decentralized chains like Bitcoin and Ethereum [4] Group 2 - The upcoming collateralization program will enable institutional clients to pledge BTC and ETH for secured loans, representing one of Wall Street's most direct integrations of digital assets [5] - This initiative reflects a broader trend of traditional financial institutions embracing digital assets and blockchain technology [5]

Core Insights - The Blackwell chip is being considered for sale in China, with significant interest from the company involved [1] - National security concerns have been raised regarding the sale, but the company believes that China's own AI capabilities mitigate these concerns [2] - The potential market for the Blackwell chip in China is estimated to be between $35 billion to $50 billion annually, with projections exceeding $100 billion by the end of the decade [3][4] Company Perspective - The company is optimistic about the potential sales in China, indicating a substantial market opportunity if export restrictions are lifted [3] - The approval for selling the Blackwell chip to China is contingent upon decisions made by President Trump, highlighting the political implications of the sale [4] Industry Context - The discussions around the Blackwell chip are occurring in the backdrop of broader geopolitical tensions, particularly involving the U.S. and China [2][4] - The company's position reflects a strategic response to China's advancements in AI technology and its own market restrictions on U.S. chips [2]

EARNINGS PREVIEW: Palantir, Robinhood Among Leaders Set To Report Leading trading app and online brokerage name UP Fintech Holding (TIGR) posted enormous earnings growth in its latest financial report, with another robust quarter expected. The China fintech stock is testing a key level in a consolidation pattern after gaining more than 65% so far this year. Its client assets grew 36.3% year-over- year, reaching a new high of $52.1 billion… Related news Take a Trial Today Get instant access to exclusive stoc ...

Stocks of Korean fried chicken chain Kyochan FNB are sizzling. Shares jumped as much as 20% on Friday and poultry processor Cherry Bro soared by the daily limit of 30%. All because Nvidia CEO Jensen Huang had Chime, that's chicken and beer with Samsung's JY Lee and Hyundai's Chung Sun at soul restaurant Kandu Chicken.And the photo, well, it's gone viral. Kamboo is not listed, but investors were hungry for anything related to fried chicken. Nuromeka, a Kodak listed company that makes chicken frying robots, a ...

We have we've had discussions on many of the elements that you're talking about all the time here, and you're asking me questions and also those things where. We're. I think you're going to for the most part, I think we agree to almost almost everything in a very acceptable form.I wouldn't say everything was discussed because some of the things in probably in retrospect, we kind of discussed it. We did for some reason did come up. But if you have any questions, I mean, I've got a chimp started.Did he agree. ...

EARNINGS PREVIEW: Palantir, Robinhood Among Leaders Set To Report Palantir Technologies (PLTR) is suing two former workers that founded software startup Percepta, alleging that they violated noncompetition agreements after leaving the company and worked on a "copycat" business. Palantir stock hit another record high on Friday ahead of its third quarter earnings report. Percepta is owned by venture-capital firm General Catalyst. Palantir, a data-analysis software maker, reports Q3 earnings after the market ...

US stock market is rising sharply today as strong corporate results from Amazon, Netflix, Tesla, and Palantir lifted investor confidence and pushed all major indexes higher. The S&P 500 gained 0.6%, the Nasdaq Composite jumped 1.2%, and the Dow Jones Industrial Average climbed 99 points, or 0.2%, in Friday trading. The rally came after a volatile week marked by mixed tech earnings and renewed global trade developments between the US and China.Amazon stock surged 11% after the company reported a major reboun ...

Core Viewpoint - Nvidia has made a significant agreement to supply over 260,000 accelerated chips to major South Korean companies, marking a key step in its global expansion of AI infrastructure [1] Group 1: Company Developments - Nvidia's CEO Jensen Huang is attending the APEC CEO Summit in South Korea [1] - The agreement involves collaboration with the South Korean Ministry of Science and ICT, as well as major companies like Samsung Electronics, Hyundai Motor Group, and SK Group [1] Group 2: Market Impact - Nvidia's stock initially rose by 2.5%, reaching $207.97 [1] - The deal is part of Nvidia's broader strategy to enhance AI project initiatives globally [1]

Core Insights - Nvidia shares experienced an increase in trading due to significant investments in artificial intelligence from Amazon.com and new partnerships with major South Korean companies [1] Group 1: Company Developments - Amazon.com has initiated a new wave of investments in artificial intelligence, positively impacting Nvidia's stock performance [1] - Nvidia has secured multiple new deals with prominent South Korean companies, further enhancing its market position [1] Group 2: Market Reaction - The combination of Amazon's investments and the new partnerships has led to a notable rise in Nvidia's share price during trading on Friday [1]

Core Insights - Nvidia's CEO Jensen Huang is visiting South Korea to strengthen partnerships with major tech companies and enhance AI infrastructure [1][2] - South Korea will acquire over 260,000 Nvidia GPUs to support AI initiatives, with significant allocations for public projects and major corporations [3] - Collaborations with Samsung, Hyundai, SK, and Naver focus on advancing AI technologies across various sectors, including manufacturing and telecommunications [4][10][12][13] Nvidia and South Korea's AI Infrastructure - Nvidia and the South Korean government announced an expanded partnership to enhance the country's AI capabilities [1] - The partnership includes securing 50,000 GPUs for public initiatives and over 200,000 GPUs for private companies [3] Collaborations with Major Korean Tech Companies - Samsung and Nvidia are developing an AI Megafactory to integrate AI into semiconductor and mobile device manufacturing [4] - Hyundai and Nvidia are focusing on autonomous mobility and smart factories, utilizing 50,000 Blackwell GPUs for AI model training [10][11] - SK Group is partnering with Nvidia to create Asia's first enterprise-led manufacturing AI cloud [12] - Naver is collaborating with Nvidia to develop a "Physical AI" platform for various industries [13][14] Broader Industry Trends - The partnerships illustrate a trend of integrating AI with hardware across industries, shaping the future of intelligent systems [15] - Nvidia's recent collaborations with various companies and government entities aim to address concerns about an AI bubble and have positively impacted its market capitalization [16]