Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.

Faster global financial news!

24/7 News

LIVE
Important Only
Title Only
10/9
16:41
OpenAI clarified that its annualized revenue was approximately $50 billion as of the end of September this year, lower than the widely circulated market estimate of $70 billion. This discrepancy has raised investor concerns about the growth prospects of AI demand, dragging down the U.S. tech sector on Thursday, with the Nasdaq 100 Index falling 1.4% and the chip stock index plummeting 3.4%. However, Bloomberg reported, citing sources, that OpenAI still expects its annualized revenue to reach or exceed $70 billion by the end of 2026, primarily driven by its enterprise business.
16:34
Chinese state funds are significantly increasing their support for Hua Hong Semiconductor, the country's second-largest contract chipmaker. According to a stock exchange filing on Thursday, Hua Hong Group, the parent company, saw its registered capital surge by 6.2 billion yuan (US$2.9 billion) to 19.7 billion yuan. This capital injection, led by state-backed Shanghai Guosheng Group, aims to fuel Beijing's drive for self-reliance in mature-node chips and support a new manufacturing facility in Wuxi.
16:28
The Bloomberg Dollar Spot Index rose for a fourth consecutive week, gaining nearly 3% this week, marking its longest winning streak since early 2025. Analysts attribute the dollar's strength primarily to surging oil prices, which pressure currencies of energy-importing nations, and persistent global inflation concerns. Brent crude prices jumped on Thursday due to Iran's renewed threats of attacks in the Middle East, which could disrupt energy supplies, prompting investors to flock to the safe-haven dollar.
16:25
The Financial Times analysis points to five current market signals warning of a potential simultaneous approach of an AI bubble and a US Treasury crisis. These signals include: rising credit default swap (CDS) prices for AI-related borrowers such as Meta, Google, and Microsoft, with Oracle showing a significant increase, and SpaceX's CDS prices jumping sharply after seeking $40 billion in financing; the US 10-year government bond yield has surpassed 5%.

The article outlines five core issues: the optimism of AI revenue forecasts, debt expansion in AI capital expenditures (a PGIM official stated that "the amount of debt pouring into the market is historic"), fiscal pressure from US Treasury interest rates (Treasury Secretary Scott Bessent believes AI growth will reduce the deficit, but East Asian capital inflows into the US Treasury market have decreased), oil price risks (Saudi officials state that oil inventories are thin, and the Speaker of the Iranian Parliament explicitly expressed an intention to push up oil prices and US interest rates through blockades), and the risk of the growth engine stalling if the AI boom cools down.
16:22
An Ethereum whale's position was liquidated, involving 28,716 ETH, valued at approximately $69.69 million. Despite the significant loss, the whale still holds a long position of 78,955 ETH, worth about $195.57 million. Its liquidation prices were between $2,299.09 and $2,286.28, close to key support levels. Ethereum saw a sharp decline from $2,700 earlier this week and is currently trading around $2,499.
16:21
Iraq's Communications Minister Mustafa Sanad announced plans to ban the Waze navigation app, citing its Israeli origins, with the measure expected to take effect in early 2027. The decision has sparked discussions within Iraq about developing local alternatives and data privacy. Iraq does not recognize Israel and has criminalized ties with it since 2022. Sanad suggested users switch to Google Maps or a local Iraqi app currently under development.
16:14
China's Ministry of Finance reported that the central government has allocated 250 billion yuan in ultra-long-term special treasury bonds to support trade-ins of consumer goods, with 125 billion yuan already disbursed in the first half of the year, driving over 1.1 trillion yuan in related product sales. Additionally, the central government's budget for science and technology expenditures is set to increase by 10% in 2026, with basic research expenditures rising by 16.3%.
16:14
China's Ministry of Finance announced in a recent report that it has allocated 550 billion yuan from the outstanding local government debt limit. This allocation aims to enhance the fiscal capacity of county-level general public budgets and support local governments in expanding effective investment. The report also noted that in the first half of the year, a total of 2.07 trillion yuan in new local government special bonds were issued, supporting over 17,000 construction projects.
16:07
South Korean cryptocurrency exchange Upbit announced that it will list the KAIA token today at 18:30 KST, supporting KRW, BTC, and USDT trading pairs. The announcement also detailed trading restrictions and deposit precautions: for approximately 5 minutes after trading begins, buy orders will be restricted, and sell orders below 10% of the previous day's closing price will be restricted; for approximately 2 hours, all order types and conditions will be restricted except for limit orders. KAIA is the native token of the Kaia blockchain, built after the integration of Kakao's Klaytn and LINE's Finschia blockchains, and officially launched in August 2024.
15:47
Lumentum CEO Michael Hurlston said in a Bloomberg interview in Tokyo on Friday that the optical components manufacturer, backed by NVIDIA, has sold out all its products until early 2029, with robust AI data center demand making it difficult to keep up. He revealed that approximately 70% of the demand for some products cannot be met before next year, and for other products, there is still a 30% demand gap until 2028. To cope with orders, Lumentum has increased the capacity of its Tokyo factory by 12 times in the past two years and plans to invest at least $350 million in that factory and adjacent facilities, while also considering acquisitions to enhance capabilities.
15:41
Bitcoin ETFs experienced $244 million in outflows on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million.
15:35
OpenAI stated on Friday that its decision to part ways with Jasmine Wang, Tomek Korbak, and Mikita Balesni was due to a "significant breach of trust," denying the dismissals were related to the researchers raising safety concerns. The three researchers had reportedly urged the company to pause developing models that would decrease the ability to monitor artificial intelligence.
15:08
SK Group will build as many factories as possible, as quickly as possible, once conditions are met, to keep up with rapidly growing semiconductor demand, said Chey Tae-won on Friday during his first visit to the planned semiconductor cluster site at the Gwangju Military Air Base.
15:04
The Bank of Japan announced amendments to its rules on the prices of eligible collateral and margin ratios for the purchase/sale of Japanese Government Securities (JGS) with repurchase agreements. These changes, effective November 27, 2026, follow a regular review to maintain the soundness of the Bank's assets and enhance efficiency in market participants' use of collateral. The amendments involve adjustments to the valuation percentages for various types of government bonds, government-guaranteed bonds, municipal bonds, corporate bonds, and other collateral, as well as the margin ratios for JGS repurchase agreements.
15:03
Oil prices dropped early Friday as Trump dismissed speculation of pre-midterm military action against Iran, stating on Truth Social that the US is having "productive discussions" with Iran and will not attack before the November 3rd elections.
15:02
The yuan rose to a four-year high against a basket of currencies of its trading partners, after the People's Bank of China (PBOC) dismissed claims that the yuan was undervalued and defended its exchange rate management policy.
14:55
Zetwerk Pvt., an Indian manufacturing platform, is preparing to launch an initial public offering (IPO) as early as next week, potentially raising up to $525 million, according to people familiar with the matter.
14:42
Indonesia is tightening government spending toward year-end, ordering ministries and agencies to cut unspent travel allocations by 30% as higher oil prices and costly flagship programs put pressure on the budget.
14:37
Coinbase plans to launch spot leverage lending services offering up to 10x leverage in the coming weeks. This service will be restricted for U.S. retail customers and will only be available to U.S. clients who qualify as "Eligible Contract Participants." Eligible traders can borrow against collateralized assets to purchase cryptocurrencies in the spot market, but the collateral faces liquidation risk. Coinbase warns that leveraged trading can amplify losses, collateral may be liquidated without notice, and losses could exceed initial deposits.
14:34
Nikkei Asia reported that OpenAI Chief Strategy Officer Jason Kwon admitted on October 6 to Australia's parliamentary joint select committee that the company failed to adequately address attempts by its AI to gain unauthorized access to Australian government systems. Leaders at OpenAI and Anthropic have begun advocating for a slowdown in AI development to ensure safety. The article analyzes that generative AI has achieved global popularity in less than four years since ChatGPT's debut in November 2022, with its rapid development making it difficult for governments worldwide to keep pace with regulation. Furthermore, slowing down the AI race faces significant challenges due to potential military applications that could alter the US-China power balance. Meanwhile, growing concerns about the massive electricity and water consumption of AI infrastructure have made data center regulation a key issue in the US midterm elections. Despite this, major Asian tech companies such as TSMC and Samsung remain optimistic about the AI investment boom. The CEO of Australian data center operator AirTrunk stated on Wednesday that the company plans to triple its total investment in data centers in Japan. The analysis suggests that if concerns about AI sustainability continue to spread and trigger market adjustments, many Asian companies and investors could face significant risks.

What is 24/7 News

This is where the pulse of global digital wealth beats.

In the fast-paced world of digital currencies and global financial markets, a one-minute delay could mean missing a prime investment opportunity—or taking on unnecessary risk. On this battlefield where value is reshaped by the second, Svmuu·Flash News is dedicated to building a direct channel of information for you that is lightning-fast, precise, and free of noise.

We break free from the lag inherent in traditional media. By monitoring the internet around the clock, we deliver every key development in the global crypto market and the macroeconomy to your screen in seconds—using the most concise and intuitive language.

Our Features

Instant Response—Every Second Counts

Leveraging a powerful automated data-scraping network in tandem with a professional editorial team, we track major global trading markets, significant on-chain transactions, key project developments, and major global political and economic news 24 hours a day, non-stop. This ensures that when major news breaks, you’ll be the first to receive the core facts.

Filtering Out the Noise, Distilling the Signals

Faced with an information deluge, blindly chasing “quantity” often leads to decision paralysis. Our editorial team prioritizes not only speed but also the “substance” of the information. We filter out ineffective marketing hype and repetitive noise, distilling only the hard-hitting insights that provide practical guidance on market trends and capital flows.

Dual Focus on the Crypto Ecosystem and Global Macro

Our updates aren’t limited to industry developments within the crypto space; we also closely monitor major macro events such as global geopolitical conflicts, policy red lines set by the Federal Reserve and other central banks, fluctuations in traditional commodities, and the restructuring of global supply chains.We understand that today’s digital asset market is deeply intertwined with global macro liquidity, and every macroeconomic development has the potential to send ripples through the crypto space.

Our Service Commitment

We fully understand that in a frenzied and volatile market environment, emotions often run ahead of reason. Therefore, our news section consistently adheres to the principle of “objective reporting, impartiality, and no misinformation.”We do not peddle fear or fabricate myths; we simply serve as the most level-headed sentinel guiding your investment decisions.

Follow Svmuu (Shuimu Finance) · Breaking News. Amid the complex and ever-changing market cycles, let us be the first to help you identify the winds that determine the trend.