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US Gas Falls Below $4 for First Time Since July. Why Is Diesel Still Above $6?
US gas prices have fallen below $4 a gallon for the first time since July, AAA data show. The national average slipped to $3.98 on Tuesday, down about 17 cents in a week. Diesel has come down more slowly and still averages $6.13, according to GasBuddy. That gap could keep inflation pressure alive as the The post US Gas Falls Below $4 for First Time Since July. Why Is Diesel Still Above $6? appeared first on BeInCrypto.
US gas prices have fallen below $4 a gallon for the first time since July, AAA data show. The national average slipped to $3.98 on Tuesday, down about 17 cents in a week. Diesel has come down more slowly and still averages $6.13, according to GasBuddy. That gap could keep inflation pressure alive as the The post US Gas Falls Below $4 for First Time Since July. Why Is Diesel Still Above $6? appeared first on BeInCrypto.
After AI took over operations, AliExpress potential market Double 11 sales surged by more than 50%
This year’s overseas Double 11, orders from Chinese cross-border merchants appeared in many unexpected “unpopular” markets. The reporter learned from AliExpress, Alibaba’s cross-border e-commerce platform, that in the seven days before the Double 11 promotion, the average daily transaction volume in potential country markets outside AliExpress’s main markets surged by more than 50% year-on-year. With the help of AI smart hosting, merchants can expand their business to more markets that they usually have no business in. How active are consumers outside the spotlight in “buying”? AliExpress data shows that in the Falkland Islands, where “there are more penguins than people”, buyers participating in the sale placed an average of 5.5 orders per person. The place is not big, but the shopping enthusiasm is not small; In the Svalbard Islands in the Arctic Circle, the sun has "off duty" in November, but consumers are not idle. This year's Double 11, Svalbard opened orders for the first time, and the most purchased items were toy figurines; Cape Verde, the "African dark horse" who became famous in the World Cup, impressed people on the football field, but the shopping list was quite pragmatic: the most purchased items on AliExpress were cars and spare parts, beauty and health products; Mali, one of the hottest countries in the world, and Norway, which is freezing cold, were equally enthusiastic about Double 11, and their GMV doubled... Orders from “unpopular” markets are converging into a new growth pole. During this Overseas Double 11, AliExpress's four major regions of South America, Europe, Southeast Asia, and Africa have seen overall growth in potential countries, with markets such as Colombia, Peru, Switzerland, and Norway showing active performance. In the past, merchants knew that AliExpress could “sell to the world from one store”, but if they really wanted to receive these orders, they had to deal with different language, logistics, pricing and promotion rules. Recruit a few more people, or let them go first? Many businesses choose the latter. This year, AliExpress launched intelligent operation agents in countries and regions with potential to hand over these trivial tasks to AI. Once the merchant activates it with one click, the system can automatically optimize the product details page, sign up for activities, match logistics routes, and also provide
This year’s overseas Double 11, orders from Chinese cross-border merchants appeared in many unexpected “unpopular” markets. The reporter learned from AliExpress, Alibaba’s cross-border e-commerce platform, that in the seven days before the Double 11 promotion, the average daily transaction volume in potential country markets outside AliExpress’s main markets surged by more than 50% year-on-year. With the help of AI smart hosting, merchants can expand their business to more markets that they usually have no business in. How active are consumers outside the spotlight in “buying”? AliExpress data shows that in the Falkland Islands, where “there are more penguins than people”, buyers participating in the sale placed an average of 5.5 orders per person. The place is not big, but the shopping enthusiasm is not small; In the Svalbard Islands in the Arctic Circle, the sun has "off duty" in November, but consumers are not idle. This year's Double 11, Svalbard opened orders for the first time, and the most purchased items were toy figurines; Cape Verde, the "African dark horse" who became famous in the World Cup, impressed people on the football field, but the shopping list was quite pragmatic: the most purchased items on AliExpress were cars and spare parts, beauty and health products; Mali, one of the hottest countries in the world, and Norway, which is freezing cold, were equally enthusiastic about Double 11, and their GMV doubled... Orders from “unpopular” markets are converging into a new growth pole. During this Overseas Double 11, AliExpress's four major regions of South America, Europe, Southeast Asia, and Africa have seen overall growth in potential countries, with markets such as Colombia, Peru, Switzerland, and Norway showing active performance. In the past, merchants knew that AliExpress could “sell to the world from one store”, but if they really wanted to receive these orders, they had to deal with different language, logistics, pricing and promotion rules. Recruit a few more people, or let them go first? Many businesses choose the latter. This year, AliExpress launched intelligent operation agents in countries and regions with potential to hand over these trivial tasks to AI. Once the merchant activates it with one click, the system can automatically optimize the product details page, sign up for activities, match logistics routes, and also provide
Canaan Technology’s revenue plummets 90%! Mining machine sales shrank by 96%, CAN stock price fell by 18%
The latest financial report of Bitcoin mining machine manufacturer Canaan Technology (Canaan, NASDAQ: CAN) reveals the dilemma of the mining boom! The third-quarter financial report showed that revenue dropped by 90% year-on-year to US$14.5 million, and revenue from mining machine product sales plummeted by 96%. On the day the financial report was released, CAN's stock price still fell 18.41%, reflecting the market's doubts about the demand for mining machines and the quality of profits. 〈Canaan Technology’s revenue plummeted 90%! Mining machine sales shrank by 96%, CAN stock price plummeted by 18%> This article was first published on "Block Guest".
The latest financial report of Bitcoin mining machine manufacturer Canaan Technology (Canaan, NASDAQ: CAN) reveals the dilemma of the mining boom! The third-quarter financial report showed that revenue dropped by 90% year-on-year to US$14.5 million, and revenue from mining machine product sales plummeted by 96%. On the day the financial report was released, CAN's stock price still fell 18.41%, reflecting the market's doubts about the demand for mining machines and the quality of profits. 〈Canaan Technology’s revenue plummeted 90%! Mining machine sales shrank by 96%, CAN stock price plummeted by 18%> This article was first published on "Block Guest".
Nvidia under investigation for potential chip sales violations in Asia
Nvidia's investigation could lead to stricter export controls, impacting its Asian market access and potentially altering global tech dynamics. The post Nvidia under investigation for potential chip sales violations in Asia appeared first on Crypto Briefing.
Nvidia's investigation could lead to stricter export controls, impacting its Asian market access and potentially altering global tech dynamics. The post Nvidia under investigation for potential chip sales violations in Asia appeared first on Crypto Briefing.
CoreWeave's revenue increased by 168%, raised its financial forecast, and suspended the issuance of unsecured bonds because the yield rate was too high
CoreWeave's revenue in the third quarter was US$3.661 billion, an annual increase of 168%, and its full-year revenue forecast was raised to US$13-13.3 billion. The chief financial officer stated that at the current yield rate, it will no longer issue unsecured debt at the parent company level before 2027, and the debt at the end of the quarter is approximately US$46.9 billion. This article CoreWeave’s revenue increased by 168% and raised its financial forecast, and the yield rate was too high and it suspended the issuance of unsecured bonds. It first appeared on Chain News ABMedia.
CoreWeave's revenue in the third quarter was US$3.661 billion, an annual increase of 168%, and its full-year revenue forecast was raised to US$13-13.3 billion. The chief financial officer stated that at the current yield rate, it will no longer issue unsecured debt at the parent company level before 2027, and the debt at the end of the quarter is approximately US$46.9 billion. This article CoreWeave’s revenue increased by 168% and raised its financial forecast, and the yield rate was too high and it suspended the issuance of unsecured bonds. It first appeared on Chain News ABMedia.
OpenAI's rising losses amid revenue growth highlight financial sustainability concerns, potentially impacting its competitive edge in AI. The post OpenAI’s Q3 operating loss hits $11B despite 50% revenue rise: WSJ appeared first on Crypto Briefing.
OpenAI's rising losses amid revenue growth highlight financial sustainability concerns, potentially impacting its competitive edge in AI. The post OpenAI’s Q3 operating loss hits $11B despite 50% revenue rise: WSJ appeared first on Crypto Briefing.
Rothschild Investment adds Bitwise XRP ETF, expands crypto ETF holdings to $3.5 million
🚨 Rothschild Investment adds $104,769 in Bitwise XRP ETF to its portfolio. Continue Reading:Rothschild Investment adds Bitwise XRP ETF, expands crypto ETF holdings to $3.5 million The post Rothschild Investment adds Bitwise XRP ETF, expands crypto ETF holdings to $3.5 million appeared first on COINTURK NEWS.
🚨 Rothschild Investment adds $104,769 in Bitwise XRP ETF to its portfolio. Continue Reading:Rothschild Investment adds Bitwise XRP ETF, expands crypto ETF holdings to $3.5 million The post Rothschild Investment adds Bitwise XRP ETF, expands crypto ETF holdings to $3.5 million appeared first on COINTURK NEWS.
