Ford Motor Co. Chief Executive Officer Jim Farley said human workers are making a difference on the company’s factory floors, speaking on “Bloomberg Open Interest,” according to Bloomberg. A correction to the segment said Ford is aiming to cut $1 billion in costs this year, updating the savings figure on controllable costs.

European Union member states agreed to extend the suspension of tariffs that were set to hit $4 billion of American products tied to the Airbus SE-Boeing Co. trade dispute, according to Bloomberg, citing people familiar with the matter.

Nadia Lovell, head of global equity strategy at UBS Global Wealth, said memory is a “stickier,” structural story for AI and has further to run as part of the trade, according to Bloomberg. Lovell made the comments in an interview with Matt Miller and Dani Burger on Bloomberg’s “Open Interest.”

Ares Management curbed withdrawals from one of its private credit funds for a second consecutive quarter after redemption requests rose to 14.4%, according to Bloomberg. The move is the latest sign that the $1.8 trillion private credit industry remains under pressure.

US stocks traded in a choppy session as Apple Inc.’s move to raise prices on its products tempered enthusiasm sparked by strong forecasts from chipmakers, according to Bloomberg.

A US Food and Drug Administration advisory committee recommended Moderna’s flu vaccine for approval, according to Bloomberg. Moderna Chief Executive Officer Stéphane Bancel said he is cautiously optimistic the approval will happen in comments to Romaine Bostick and Katie Greifeld.

Bank of America raised its valuation outlook for Taiwan Semiconductor Manufacturing Co. (TSMC) and ASE Technology Holding, citing strengthening barriers in advanced chipmaking and advanced packaging. According to Jin10, the bank estimated that the global semiconductor manufacturing market tied to server CPUs is expected to expand from $15 billion in 2025 to $49 billion in 2028. Bank of America forecast that the share of outsourced production will rise from 52% to 71% over the same period, reflecting what it described as the increasingly central role of pure-play foundries led by TSMC in high-end CPU production. The bank said scarcity in advanced-process capacity, combined with rising volumes across multiple customers and architectures, makes the foundry segment a relatively clear beneficiary in the current upcycle. Bank of America also projected that the server CPU-related packaging and testing market will grow from $1.9 billion in 2025 to $9.6 billion in 2028. It expected this segment’s share of the advanced packaging market to increase from 11% to 24%. Based on these expectations, the bank said it has lifted valuation assumptions for leading supply-chain companies including TSMC and ASE, maintaining that advanced process technology and advanced packaging remain the most defensible parts of the industry chain.

Shiba Inu (SHIB) exchange reserves rose to 80.5 trillion tokens in a single session after large holders moved 1.04 trillion SHIB to exchanges, according to CryptoQuant data. According to NS3.AI, James Wynn said Shiba Inu would not make a real comeback. The report linked Wynn’s comment to the large-holder transfers and the increase in exchange reserves during the same session.

Stifel lowered its price target on Microsoft to $400 from $415. According to Jin10, the firm reduced the target price for Microsoft (MSFT.O) from $415 to $400.

The system provides an overview of the current state of technology, potential value, and real-world risks associated with AI agents using digital wallets.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

SBF, FTX, SBF Appeal Fails: The Final Chapter of the FTX Fraud Case and the Future of Crypto Regulation (Golden Finance) - The appeal was completely rejected, SBF's last legal hopes are shattered.

What's truly scarce is the ability to control mindshare, to make people remember you, believe in you, and be willing to stand with you.

Binance's withdrawal of its application from Greece represents a move away from a stalled process and towards a member state more likely to take over its European compliance strategy.

Following UNI, Standard Chartered Bank has made another bold prediction for the crypto industry: AAVE is expected to surge 50 times to $3,500 by the end of 2030.

Although the market capitalization of South Korean stocks has been rising steadily over the past year, initial public offering (IPO) activity in South Korea has declined sharply this year.

Many years later, when Bitcoin is written into Wall Street trading funds, the balance sheets of listed companies, and national regulatory documents, people still will not forget that afternoon of October 31, 2008.

AI stock market guru Leopold grew his portfolio from 200 million to 13 billion, while Serenity, the "white-haired" stock market guru, achieved an annualized return of 225 times. Chen Liwu has invested in 159 IPOs, all relying on the same framework: finding bottlenecks.

Apple has threatened to terminate the developer account of Sparrow Wallet creator Craig Raw, setting up a showdown that has sparked criticism across the Bitcoin community.