The regression of US economic data has failed to clarify the macroeconomic situation. The surge in artificial intelligence investments and trade distortions have exacerbated economic imbalances, benefiting high-income earners while most people face rising living costs. An IIF report indicates that the economy has become more intangible, and the economic impact of AI may take years to become evident.

Jin10 Data, November 9th: Analysts say that technology giants are extremely concentrated in benchmark markets in the Asia-Pacific region. The top five stocks in the Nikkei 225 index account for about 38% of the total weight. "If there are any issues with the AI or semiconductor boom, the Nikkei index will plunge immediately," said Takehiko Masuzawa, Head of Stock Trading at Phillip Securities Japan. "I do believe we will continue to see more corrections and increased volatility."

On November 5, Jin10 reported that the market capitalization of global chip manufacturers has sharply declined, as investors' concerns over the high valuations of tech stocks deepen. The selling wave led to a combined evaporation of about $500 billion in market capitalization for the Philadelphia Semiconductor Index on Tuesday and the index tracking Asian chip stocks on Wednesday. This big dump highlights that the rise of semiconductor stocks driven by the AI boom has been excessively overdrawn. Since the low point in April, as investors bet on a surge in AI computing demand, the market capitalization of chip manufacturers has increased by several trillion dollars. However, the current pullback reflects the market's growing concerns about the industry’s earnings prospects and excessively high valuations, especially against the backdrop of interest rates potentially being 'higher for longer.' Chris Weston, the research director at Pepperstone Group, stated: 'The entire market is a 'sea of blood,' presenting a gloomy and dull risk landscape. We must keep an open mind and acknowledge that this adjustment may further expand. Currently, there is almost no reason to buy.'

On November 4, Jin10 reported that Nippon Steel will begin commercial production of high-end steel for data centers in the United States. Following its acquisition of U.S. Steel (X.N) for $14.1 billion in June this year, Nippon Steel plans to build a new production line at its existing plant in Arkansas, with a total investment expected to reach several billion dollars. The steel giant aims to seize the opportunities presented by the rise in demand for data centers driven by the AI boom, particularly orders from major U.S. tech companies. Additionally, it was reported that Nippon Steel also plans to upgrade aging facilities. The mass production plan for this high-quality energy-efficient electrical steel sheet is expected to commence as early as 2028.

On October 30, Jin10 reported that Google’s parent company Alphabet (GOOG.O) announced its third-quarter performance, with revenue rising 16% year-on-year to a record $102.3 billion, exceeding analysts' expectations. Benefiting from the growth in digital advertising and cloud computing businesses, the company has provided ample funding for large-scale investments in artificial intelligence. The net profit was approximately $35 billion, a year-on-year increase of 33%. The company's stock price rose about 7% in after-hours trading. Like other tech giants, Google is investing hundreds of billions of dollars in AI research and development. The company has raised its capital expenditure forecast for this year to between $91 billion and $93 billion, a significant increase from $52.5 billion in 2024. Most of the funds will be used to build data centers for developing and operating AI models. Google’s cloud computing division has benefited significantly in the AI race, with revenue for this division reaching $15.2 billion this quarter, a year-on-year increase of 34%.

Matrixport released a chart indicating that Bitcoin is still in a range-bound fluctuation, while US stocks are continuously reaching new highs due to the AI boom. The current low volatility situation tests traders' patience, with a focus on wait-and-see in the short term, while the mid-term pattern remains unchanged. If the Fed continues to cut interest rates, the market is waiting for clearer external signals.

In the third quarter, the merger and acquisition deal volume in the encryption industry exceeded 10 billion USD for the first time, surging more than 30 times compared to last year, reflecting the trend of experts entering traditional investments through regulated products. The M&A boom triggered by Trump policies has changed the strategic considerations of companies, intensifying industry competition.

Jin10 data reported on October 20, Moody's Analytics stated in a report that GDP growth in the Asia-Pacific region may slow from 4% in 2024 to 3.8% this year. It projects growth rates of 3.3% and 3.5% for 2026 and 2027, respectively. The report indicates that the export boom in the Asia-Pacific region is quickly fading at the beginning of 2025, with tariffs and weak demand dragging down growth. U.S. tariffs are harming the region's economy, and production growth is also slowing, with some companies discounting to maintain market share. The potential increase in U.S. tariffs and the fluctuation of the yen are key risks worth following.

According to BlockBeats on October 18, Bloomberg reported that the stocks of large computing companies that support Bitcoin have once again outperformed Bitcoin itself, as more and more companies are shifting to a hybrid model centered around artificial intelligence and high-performance computing. These companies were initially referred to as "mining companies," drawing an analogy between the process of creating Bitcoin and the mining of traditional precious metals like gold. However, they have long been influenced by the fluctuations in Bitcoin prices. Two years ago, the industry benefited from the early AI boom, but in the following year, their stock prices fell again as mining profits declined and competition intensified.

Jin10 data reported on October 17 that despite increasing concerns in the market about the fundamentals of the U.S. economy, believing that the AI boom may mask potential risks, Wall Street analysts are becoming increasingly optimistic about the earnings outlook for U.S. companies. According to data tracked by Yardeni Research, Wall Street analysts have continuously raised their earnings expectations in October, pushing the indicator that measures the proportion of net upward revisions to total expectation changes to its highest level in four years. The S&P 500 net earnings revision index (NERI) rose by 0.6 percentage points this month, marking five consecutive months of increases since it hit a 28-month low of -7.8% in May. The speed and magnitude of this rebound are also striking. The surge over these five months is the largest single improvement in NERI since December 2020. NERI data shows that analysts are broadly raising their earnings expectations, with 7 out of 11 zones seeing upward revisions outnumber downward revisions, the most since August 2024.

PANews, October 15 news - U.S. Treasury Secretary Becerra: The AI boom is just beginning. He also stated that he has seen some data showing that a government shutdown causes a daily loss of $15 billion to the economy.

Odaily News The US Treasury Secretary Basent stated that the only factor dragging down the US economy is the government shutdown, and the investment boom in the US is sustainable and has just begun; there is suppressed demand, and the US is opening its doors to business, with the AI boom just starting. (Jin10)

Golden Finance reports that U.S. Treasury Secretary Basent: The wave of artificial intelligence has just begun.

German startup n8n successfully raised $180 million in funding, reaching a valuation of $2.5 billion, aiming to compete with companies like OpenAI. This financing was led by Accel, with participation from NVIDIA, reflecting the investment boom in the AI industry, while also raising concerns about a bubble.

Tech giants' investments in the AI sector are driving the rise of the US stock market, but the rising long-term Treasury yields pose a threat to this investment frenzy. Increased demand for debt financing and rising long-term Treasury yields will raise the cost of debt, affecting the growth rate of IT equipment and software investments, potentially leading to market downgrades of earnings forecasts for mega-cap companies.

The stablecoin boom has benefited crypto assets wallet technology companies like Definance, while also triggering a talent war, leading to increased hiring costs. Definance is facing difficulties in filling 17 positions, and fintech recruitment company Find has indicated that most of the new roles are related to stablecoins, with salaries rising significantly.

According to Jin10 data on September 10, Arkady Volozh spent two years completely separating himself from the tech company Yandex, which made him one of the richest people in Russia. He ultimately left Russia. Now, he has become the latest tycoon to gain wealth from the artificial intelligence boom. The Nebius Group NV, founded by Volozh, announced that it will provide computing power access for Microsoft at its new data center in New Jersey over the next five years. The contract is worth up to $19.4 billion. Following this news, the stock price of Nebius, headquartered in Amsterdam, surged 49% in New York trading on Tuesday, closing at $95.72. Through a family trust, Volozh holds 13% of Nebius, currently valued at $2.9 billion, which has increased by about $1 billion since the announcement of the deal. Since January of this year, the value of these shares has almost risen by twofold.

The stock prices of Strategy and Metaplanet have recently fallen after soaring last year, showing that even market leaders are affected by market sentiment. The encryption treasury strategy is facing scrutiny, its appeal weakening, as many companies flood in causing market congestion and shaking confidence.

Odaily News According to sources, Nasdaq is intensifying its scrutiny of companies listed on its exchange that are attempting to raise funds to buy and hoard Crypto Assets in order to boost their stock prices. The exchange's move may slow the boom in Crypto Assets, which is pushing an increasing number of peculiar Tokens into the mainstream market. Nasdaq is the exchange for the vast majority of Crypto Assets stock trading and is currently requiring some companies to obtain shareholder approval before issuing new shares to buy stocks. (The Information)

According to Jinse Finance, when discussing expectations for interest rate cuts, Stephen Roach, a senior researcher at Yale University and former chairman of Morgan Stanley Asia, pointed out that the Fed will not be rushed to adjust its policy due to political pressure. On the other hand, the vulnerability of the labor market, coupled with the disturbances caused by tariffs, may prompt the Fed to shift to a more accommodative stance. Although the current risks have changed, the extent is not yet severe, and future developments will still depend on the performance of future data. Roach also stated that the U.S. economy has shown signs of slowing down, with consumption growth only half of the average level of the past few years. In addition, the investment boom in the AI sector hides bubble risks, with the market capitalization concentration of the "Seven Giants" in U.S. stocks even exceeding the levels during the internet bubble of 2000. "Therefore, I believe that there is a high likelihood of some degree of market correction in U.S. stocks within the next six months," he said. (21st Century Business Herald)

Evercore ISI strategists predict that the U.S. stock market is expected to rise another 20% by the end of 2026, primarily driven by the surge in artificial intelligence. The S&P 500 index is expected to reach 7,750 points by the end of next year, reflecting sustained corporate earnings that exceed expectations.

Gate News Bot news, August 29, according to CoinMarketCap data, as of the time of writing, B (BUILDon) is currently priced at 0.72 USD, with a rise of 25.90% in the last 24 hours, peaking at 0.73 USD and dropping to a low of 0.52 USD. The current market capitalization is approximately 725 million USD, an increase of nearly 149 million USD compared to yesterday. B (BUILDon) recent important news: 1️⃣ **Gate will delist multiple perpetual contract trading pairs** Gate plans to delist 9 perpetual contract trading markets on August 30, 2025, at 16:00 ( UTC+8, including BOOM/USDT, BOND/USDT, etc. These contract trading markets will enter a close-only mode at 15:30 ) UTC+8 on August 30, and at 16:00 ( UTC+8.

Gate News bot message, according to the Gate announcement on August 30, 2025: Gate will delist 9 perpetual contract trading markets, including BOOM/USDT, BOND/USDT, BLZ/USDT, OMG/USDT, RCADE/USDT, PAAL/USDT, STMX/USDT, WEMIX/USDT, and OVL/USDT. The contract trading markets will enter a reduction-only mode on August 30, 2025, at 15:30 ( UTC+8, and will officially stop trading at 16:00 ) UTC+8. The platform will settle the outstanding positions based on the average index price in the last half hour before going offline.

Odaily News OpenAI CEO Sam Altman warned that the AI boom has shown signs of a bubble, and some investors may lose "huge" amounts of money — although he remains optimistic about the long-term potential of artificial intelligence. (Jin10)

This year's artificial intelligence boom is driving the development of the technology industry and reshaping the wealth landscape, especially in Silicon Valley, where new billionaires are emerging rapidly. According to CBInsights, there are currently 498 AI "unicorn" companies globally, with a total valuation of $2.7 trillion.

Odaily News Boom Foundation announced on the X platform that the second phase snapshot of the BOOM Airdrop has been completed, and this phase will distribute 60% of the remaining airdrop allocation to eligible users, with airdrop claims starting tomorrow.

From January to July this year, global merger and acquisition transaction volume reached $2.6 trillion, the highest for the same period since 2021, with the rise mainly influenced by companies pursuing growth and a surge in AI activities, despite facing tariffs and geopolitical uncertainties. Transactions are driven primarily by growth.

Due to the development of artificial intelligence, the price of ruthenium has doubled in the past year, reaching $800 per ounce. Its demand has risen due to the increase in data storage, while the supply of ruthenium is limited, with only 30 tons produced last year.

Golden Finance reports that a report from blockchain analysis company Elliptic shows that by 2025, criminals have transferred illegal gains amounting to $21.8 billion through decentralized exchanges, cross-chain bridges, and exchange services, of which about 12% ($2.5 billion) comes from North Korean hackers. In complex cases, one-third involve more than three blockchains, and 27% cross more than five chains. Elliptic warns that as AI and blockchain development accelerates, the market boom may trigger more encryption fraud.

Gate News bot message, according to the official announcement from Gate on July 8, 2025: Gate will launch the Boom (BOOM) token mining event on Launchpool. The event will take place from July 9, 2025, 21:00 to July 17, 21:00 (UTC+8), with a total mining volume of 1.25 million BOOM. Users can participate in mining by staking GT or BOOM tokens. Boom is an artificial intelligence data incentive layer project that focuses on connecting off-chain activities and on-chain economies. The project supports games, social networks, real-world assets, and capital markets through smart decentralized infrastructure. The system will distribute BOOM token rewards to participants' spot accounts every hour based on the proportion of the user's staked assets, with a 100% instant unlock mechanism for the rewards. Gate Labs declares that it has not participated in the investment of the Boom (BOOM) project.

BlockBeats news, on July 9, according to official data, the top three coins by daily trading volume on Gate Alpha on July 8 were: TAG, BOOM, BR. Alpha has today listed MechaHitler (Mecha) and What’s your lore (Lore), and you can trade by entering the APP. The third points festival of Gate Alpha has begun, and participating in trading allows you to share a million rewards pool, while completing specified tasks can earn you $100 rewards.

BlockBeats News, on July 8th, according to the official announcement, Gate will launch BOOM Perptual Futures Trading (USDT Settlement) on July 8th at 20:05 (UTC+8), supporting 1-20x leverage.

Gate News bot message, according to the Gate announcement on July 8, 2025: Gate will launch BOOM perpetual contract spot trading on July 8, 2025, at 20:05 ( UTC+8. The contract will be settled in USDT. The newly launched BOOM perpetual contracts will support long and short operations with leverage ranging from 1 to 20 times, allowing traders to choose the specific leverage multiple at the time of placing an order.

According to Gate News bot, the official announcement from Gate on July 7, 2025: Gate will launch BOOM token spot trading on July 8, 2025, at 20:00 UTC+8, with the trading pair BOOM/USDT. The BOOM token is deployed on the BSC chain, and the contract address is 0xce7c3b5e058c196a0eaaa21f8e4bf8c2c07c2935. Gate will also collaborate with BOOM to launch a series of listing activities: including the Launchpool mining activity starting on July 9, where users can stake BOOM and GT to share a reward of 1.25 million BOOM; the CandyDrop airdrop activity from July 8 to 15, which will distribute 1.25 million BOOM; and the Alpha debut trading activity from July 8 to 13, offering a reward of 312,500 BOOM. The Boom project is an artificial intelligence data incentive layer that connects off-chain activities and on-chain economy through intelligent decentralized infrastructure, supporting application scenarios such as gaming, social networks, real-world assets, and capital markets.

According to Gate, despite Ethereum (ETH) struggling to maintain momentum above the key threshold of $2,500 recently, a well-known analyst firmly believes that ETH is about to experience a significant rebound. This analyst pointed out that the current short positions in Ethereum in the market have reached an all-time high, a situation that has previously indicated a surge in prices. This prediction injects confidence into the future trend of Ethereum and reignites hope among many investors about its potential.

According to Gate News bot, as reported by Dongwang, in response to the previous rumors of a listing in the United States, Animoca Brands President Ouyang Qijun made a statement on June 30. He mentioned that since the company delisted from Australia, it has been exploring the possibility of relisting. Although the IPO boom in the U.S. virtual asset sector is eye-catching, as a fragrant

Gate News bot message, on June 30, according to a new report released by the Korea Financial Research Institute, more than a quarter of South Koreans aged 20 to 50 currently own digital assets, with crypto assets accounting for 14% of their total financial investment portfolio. The study titled "Investment Trends in Virtual Assets in the 2050s" shows that...

Golden Finance reports that driven by Circle's successful listing and regulatory clarity, the stablecoin and payment sectors recorded 43 and 42 venture capital transactions respectively in the third and fourth quarters of 2024, setting a new quarterly high, with the total number of transactions for the year exceeding the 2021 peak for the first time. In the first quarter of 2025, this sector accounted for 7.5% of all venture capital transactions. The profitability model and sustainable development of stablecoin infrastructure have attracted significant traditional institutional funding, while regulatory progress such as the US GENIUS Act has further boosted investor confidence, making stablecoins one of the few crypto sectors that have surpassed the data of the last bull market.

Gate News bot message, The Federal Reserve (FED) Goolsbee stated a neutral stance on Crypto Assets, mainly focusing on financial stability. The boom of artificial intelligence may pose risks to growth in the short term.

Gate News bot news, tokenization of private credit has rapidly become one of the largest segments in the real-world asset (RWA) tokenization market, with active outstanding loans reaching $13.88 billion, significantly surpassing the $7.38 billion of tokenized U.S. Treasuries.

With the passage of the stablecoin "GENIUS Act" by the U.S. Senate, and then President Trump directly "pressured" the House of Representatives, asking for "no delay and no additional provisions" to submit the bill to the White House as soon as possible, the stablecoin boom officially hit. As the world's top digital bank, Revolut has always had a layout for the crypto industry, so it is natural to seize this precious opportunity and reveal new progress in its stablecoin plan! According to Decrypt, citing people familiar with the matter, the fintech giant, which is valued at up to $48 billion, is actively promoting the research and development of its proprietary stablecoin and is in talks with crypto-native companies. This is not an isolated case, with the U.S. Senate passing the stablecoin "GENIUS Act", and then President Trump directly "pressuring" the House of Representatives to "not delay, no clauses", the bill will be submitted to the White House as soon as possible, a wave of stablecoin issuance led by traditional business and financial giants is sweeping - retail giants Amazon, Walmart, travel giant Expedia, etc. have been exposed to consider entry, and Wall Street banks such as Bank of America, JPMorgan Chase, Citigroup, etc. are also gearing up.

Despite the escalating conflict in the Middle East, Bitcoin's rally may not be a short-term relief, but more due to a shift in macroeconomic sentiment. Analysts at the cryptocurrency research firm 10x Research believe that deeper macro factors may create fertile ground for Bitcoin's growth. It said that factors such as higher oil prices, strong bond yields, mixed labor data, and limited guidance from the Federal Reserve could help Bitcoin boom. In addition, on-chain activity suggests that funds are quietly shifting from altcoins to Bitcoin. These reconfigurations and positive macro signals could set the stage for a strong move for Bitcoin later this year. Still, 10x Research says Bitcoin is still in a consolidation phase. But as long as Bitcoin stays above the $100,437 support level, any short-term pullback is likely to be limited.

Nouriel Roubini, an economist known as "Dr. Doom", said in an interview a few days ago that he has lowered his expectations for a U.S. recession and turned bullish. He expects the U.S. to usher in a cycle of investment and productivity boom by 2030, driven by new technologies such as artificial intelligence and fusion energy, with GDP growth expected to rise from the current 2% to 4%, and U.S. stocks (such as the S&P 500) are also expected to maintain high-single-digit gains in 2025. He believes that the AI effect is being rapidly unleashed, the commercialization of nuclear fusion is approaching, and the market's responsiveness to Trump's policies is strengthening. These factors collectively support his optimistic assessment of the economy. Although he remains cautious about structural threats such as geopolitical conflicts and debt risks, he believes that the overall risks are "manageable." Roubini also emphasized that he has always been "realistic"

Gate News bot message, David Sacks, the encryption and AI director of the White House, stated on social media that Jen-Hsun Huang, the CEO of NVIDIA, predicts that annual spending on artificial intelligence infrastructure will reach $1 trillion by the end of this decade. This will be the largest boom period in history. With the Trump administration streamlining licensing processes and adding new power generation facilities, now is a great time for construction!