U.S. stock indices opened lower, with the Dow Jones Industrial Average down 0.31%, the S&P 500 down 0.49%, and the Nasdaq Composite down 0.74%. Most popular stocks declined, with Nvidia down 1.24%, Apple down 0.08%, Google-A down 0.26%, Microsoft down 1.46%, Amazon down 1.11%, TSMC down 1.23%, SpaceX down 1.06%, Meta up 0.95%, Broadcom down 1.6%, Tesla down 0.8%, SK Hynix down 1.93%, Micron Technology down 1.8%, AMD down 1.55%, ASML down 2.24%, Intel down 2%, Cisco down 1.13%, Oracle down 5.36%, ARM down 3.93%, Dell Technologies-C down 3.06%, and SanDisk down 1.8%.
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U.S. Stock Indices Open Lower, Oracle Falls 5%
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BTC Surpasses $84,000
Market data shows that BTC has surpassed $84,000, currently priced at $84,004, with a 24-hour decline of 0.25%. The market is experiencing significant volatility, so please ensure proper risk management. -
BTC Falls Below $84,000
Market data shows that BTC has fallen below $84,000, currently priced at $83,988.06, with a 24-hour increase of 0.52%. The market is experiencing significant volatility, so please ensure proper risk management. -
ETH Falls Below $2700
Market data shows that ETH has fallen below $2700, currently priced at $2699.7, with a 24-hour increase of 1.95%. The market is experiencing significant volatility, so please ensure proper risk management. -
BTC Surpasses $85,000
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ETH Surpasses $2700
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Yushu Technology's Wang Xingxing: Key to Breakthrough in Embodied Intelligence Lies in Solving Millimeter-Level Error Issues
On September 25, the 5th Global Digital Trade Expo was held in Hangzhou, where Wang Xingxing, founder of Yushu Technology, delivered a keynote speech titled "From Machinery to Intelligence - The Evolutionary Theory of Embodied Future." Wang stated that the embodied intelligence industry may soon experience a critical breakthrough similar to that of ChatGPT. He believes that when robots can complete approximately 80% of tasks through voice interaction and embodied intelligence capabilities in about 80% of unfamiliar environments, the industry will enter a critical phase of large-scale application. He pointed out that the ability for robots to understand and execute specific tasks based on voice commands has already made breakthroughs last year, but the industry still faces a core technological bottleneck, namely the precise matching issue between artificial intelligence models and the real physical world. Wang noted that currently, robots still have a few millimeters of error during actual operations, which limits their stability and reliability in complex environments. "In the future, whoever can solve this problem will fundamentally resolve the issues with robots." -
Swissquote Analyst Warns AI Narrative is a Core Pillar of US Stocks, Potential Break Could Trigger Significant Correction
On September 25, Ipek Ozkardeskaya, a senior analyst at Swissquote Bank, stated that broad market indices and retirement funds are now deeply tied to the AI wave, with technology stocks accounting for about 40% of the S&P 500 index. She pointed out that the market capitalization weight of just three chip manufacturers makes up over 25% of the MSCI Emerging Markets Index. Ozkardeskaya indicated that AI has become the 'core pillar' of the market, and this pillar 'must not show any cracks.' She believes that, in the short term, the US stock market will continue to be supported by seasonal factors, and the current market uptrend may extend until the end of the year. However, she also warned that the worst-case scenario would be a shake in the investment logic surrounding AI, which could undermine market confidence in the AI narrative, potentially triggering a significant market correction. -
U.S. Stock Index Futures Turn Positive; Chip Stocks Rally in After-Hours Trading
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NEAR Partners with Ondo to Launch 20 Tokenized US Stocks and ETFs
On September 25, according to Cryptonews, NEAR Protocol and Ondo Finance have launched trading for tokenized US stocks and ETFs on near.com, with an initial offering of 20 assets including Nvidia, Tesla, Apple, Microsoft, Amazon, as well as SPY and QQQ. Eligible users can deposit using over 30 supported stablecoins or other crypto assets, with NEAR Intents serving as the cross-chain distribution layer, allowing similar assets to be routed to connected wallets and DeFi protocols in the future. Purchases are settled in USDon, which is backed 1:1 by US dollars in brokerage accounts, and completed via atomic swaps. This product is not available to US persons; the overall Ondo platform has launched over 100 assets, with NEAR initially offering only one-fifth of that. -
Meta Achieves Best Monthly Performance Since 2013, Market Value Approaches $2 Trillion
On September 25, Meta is experiencing a strong rebound driven by AI expectations, with the popularity of its personal AI assistant Muse serving as a significant catalyst for this rally. The company's stock had faced considerable pressure earlier this year, but it quickly rebounded in September. As of September 24, the stock price has risen approximately 36% this month, marking the strongest single-month performance since 2013, with its market value nearing $2 trillion, just about 1% away from this milestone.
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