TREE NEWS update: OpenAI has responded to reports of inconsistent Codex usage limits, attributing the discrepancy to abuse of the sub2api service. The company clarified that the limits are enforced to ensure fair usage and prevent exploitation.
TREE NEWS reports: Gate’s World Liberty Financial USD (USD1) has surpassed $515 million in holdings, with an estimated annualized yield of 8% from its yield-generating activity. This marks a significant milestone for the stablecoin’s adoption and user engagement.
TREE NEWS update: Injective’s institutional services division has secured a transfer agent registration from the SEC, becoming the first Layer 1 blockchain to hold this status. This milestone integrates traditional finance compliance with blockchain infrastructure, potentially paving the way for tokenized securities.
TREE NEWS reports: Walmart reported Q2 FY2027 revenue of $187.9B and adjusted EPS of $0.81, both beating estimates, but US same-store sales growth of 2.6% was the lowest in over six years due to pharmacy price deflation. The company raised its full-year guidance, though the upper end of EPS guidance still missed consensus, signaling slowing growth momentum.
TREE NEWS update: Walmart beat Q2 FY2027 revenue and adjusted EPS expectations, but US same-store sales grew only 2.6%, the slowest in over six years, due to pharmacy price deflation. The company raised its full-year guidance, yet the adjusted EPS upper end remained below consensus, signaling slowing momentum.
TREE NEWS update: Elon Musk announced that the next test flight of SpaceX’s Starship might be postponed to the end of the year. The update comes amid ongoing preparations and regulatory reviews, though no specific reason was cited for the potential delay.
TREE NEWS reports: Alibaba’s FY2027 Q1 revenue slightly beat estimates, but adjusted net profit and EPS missed, due to increased AI spending and one-time items. AI Cloud & Computing revenue surged 45% YoY with EBITA up 133%, while capex soared 75% and free cash flow turned negative.
TREE NEWS update: Alibaba’s Q1 FY2027 revenue slightly beat estimates but adjusted net profit and EPS missed, due to higher AI investment and one-off items. AI Cloud & Computing revenue grew 45% with EBITA up 133%, while traditional e-commerce declined. Capex surged 75%, leading to negative free cash flow.
TREE NEWS reports: US stocks fell with Dow down 1.32%, while gold and bitcoin both rose over 10% in the past month as Treasury Secretary Bessent’s two attempts to rescue the bond market failed to lower yields. The market remains concerned about high deficits and inflation, with Walmart’s weak guidance highlighting consumer slowdown fears.
TREE NEWS reports: Anchorage Digital CEO Nathan McCauley reveals the company has built an agent banking platform, envisioning AI agents as ‘first-class economic actors’ that could operate across cash, cards, and crypto rails. The platform incorporates a ‘know-your-agent’ mechanism to support related transactions.
TREE NEWS update: Anchorage Digital CEO Nathan McCauley envisions AI agents as ‘first-class economic actors’ capable of transacting across cash, cards, and crypto. The company has built an agent banking platform with ‘know-your-agent’ mechanisms to support such transactions.
TREE NEWS update: Ripple has partnered with Clearpool and Cicada to launch an institutional credit fund using its RLUSD stablecoin. The fund aims to provide institutional investors with access to credit opportunities through blockchain-based infrastructure.
TREE NEWS reports: Poolin’s mining pool established a creditors committee on August 12 to oversee bankruptcy proceedings. Claims can now be submitted via Verita Global. The firm filed for Chapter 11 in July and plans to sell its Texas Bitcoin mining assets for $52 million.
TREE NEWS update: Poolin mining pool established a creditors committee on August 12 and hired lawyers to oversee its bankruptcy process. Claims can now be filed via Verita Global’s official page as asset sales begin. The company filed for Chapter 11 in July and plans to sell its Texas Bitcoin mining assets for $52 million.
TREE NEWS reports: On-chain data shows Machibig Brother holds long positions in ETH, HYPE, BTC, and PUMP totaling about $81.5 million. His 25x ETH long is worth ~$43.65M with ~$3.496M unrealized profit; other positions yield smaller gains. Combined unrealized profit is approximately $4.1 million.
TREE NEWS update: On-chain data shows Machibig Brother holds long positions in ETH, HYPE, BTC, and PUMP totaling about $81.5 million, with unrealized profits of approximately $4.1 million. The largest position is a 25x ETH long worth $43.65 million, yielding $3.496 million in profit.
TREE NEWS reports: NEIRO, a cryptocurrency, surged over 60% in intraday trading, briefly breaking through $0.00011 and currently trading at $0.0001103, according to OKX market data. This sharp price movement highlights the volatility in the crypto market.
TREE NEWS update: According to OKX market data, NEIRO surged over 60% intraday, briefly breaking above $0.00011, and is currently trading at $0.0001103. The sharp price movement reflects heightened volatility in the crypto market.
TREE NEWS reports: Micron’s CEO stated that memory has become strategic infrastructure for AI, with data center demand currently exceeding supply by 50%. This underscores the critical role of memory chips in the AI boom.
TREE NEWS update: Cathie Wood predicts AI will trigger an explosion of entrepreneurship, advising graduates to use AI as employees when starting businesses. She emphasizes AI’s transformative potential across industries, potentially reshaping the economy and labor market.
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