Under EU antitrust regulations, Meta has proposed a solution: to display eBay product information, resulting in a nearly 10% surge in the latter's stock price.
On Wednesday Eastern Time, Meta announced that it will display eBay's product information on Facebook Marketplace in response to the European Union's antitrust ruling. The ruling imposed a fine of 0.798 billion euros on Meta, which has appealed the decision. After the news was announced, eBay's stock price surged over 13% during Regular Trading Hours.
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Small Modular Reactor Shares Sink After Nvidia CEO Downplays Quantum Computers
U.S. stock market close: the three major indexes varied in performance; Huang Renxun's remarks caused a collapse in the Quantum Computing Sector.
① The Nasdaq China Golden Dragon Index fell by 0.67%, with most China Concept Stocks declining; ② Wildfires ravaged California, and Electrical Utilities provider Edison International fell by 10%; ③ Jensen Huang stated that a "very useful" quantum computer may take several decades to arrive; ④ Intel: will continue to focus on the independent graphics card market.
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NVIDIA has dropped significantly, and investors feel there were issues with Jensen Huang's CES speech. It was all just 'show' without any substantial content.
In this fiscal year, NVIDIA's Datacenter Business revenue is expected to reach 113 billion USD, while the revenue from the second largest business segment, Gaming, is still less than 12 billion USD. The Datacenter will be the dominant factor for NVIDIA's stock price for a long time. However, Jensen Huang's speech provided almost no substantial information about Datacenter Chips, only stating that the Blackwell AI Chip has been fully put into production.
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The farewell message from the SEC Chairman of the USA: the Cryptos field is filled with "bad practitioners."
The chairman of the USA Securities and Exchange Commission, Gary Gensler, stated that Cryptos are a field built on a foundation of "non-compliance", where the influence of market sentiment far exceeds the fundamentals, and most Crypto projects ultimately will not survive.
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Benzinga Market Summary: Quantum Stocks Slide On NVIDIA CEO Huang's Comments On Sector, Goldman Upgrades Spotify, US Dollar Index Rises
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