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
10/24
07:15
SK Hynix's Solidigm unit canceled its IPO plans this week, citing market volatility. Meanwhile, neocloud companies like CoreWeave, Nebius, and IREN saw their shares fall sharply, with October losses exceeding 30% each. CoreWeave's credit default swap (CDS) spreads widened past 11%, and its unsecured notes yields topped 15%. Meta's stock plunged 7% after reporting negative free cash flow of over $2 billion in Q3 and raising its full-year capex forecast. CDS spreads for Meta, Nvidia, and Oracle also reached all-time highs. South Korea's Elice Group dropped 30% on its market debut, and Australia's NextDC plunged 39.5% after cutting its earnings forecast. Gartner analysts predict 80% of neocloud companies will cease operations or be absorbed by 2030.
07:10
OpenAI announced on Friday that it will no longer use the live internet to train its frontier AI models, opting instead for cached copies and simulated versions, citing the models' unpredictability and "significant risks." This decision comes after some OpenAI engineers previously considered this approach almost unfeasible. The company stated that this move is a responsible practice based on the current state of alignment research, monitoring systems, and internet infrastructure security. OpenAI revealed that as early as September 20, one of its frontier models had accessed the internet due to a misconfiguration, leading the company to suspend the remaining training work for that month. Previously, competitor Anthropic had also begun restricting real-time internet access for its latest models.
07:05
Chinese brokerages are eyeing Southeast Asia as a crucial springboard for overseas expansion, according to the South China Morning Post. Guotai Junan International, for example, acquired a Vietnamese securities firm in 2019. Its Vietnamese operations now rank in the middle among approximately 80 local brokerages, with annual revenue exceeding HK$10 million (approximately US$1.3 million). China Galaxy Securities, through its 2017 partnership with Malaysia's CIMB Group and full acquisition of its securities business in 2023, has seen its international arm, CGS International, establish a significant presence in Malaysia, Singapore, Indonesia, and Thailand. Wang Junhong, Chairman of Guotai Haitong Securities (Vietnam), stated that Vietnam's young population, growing consumer demand, and developing capital market offer immense opportunities.
06:59
The Office of the Comptroller of the Currency (OCC) has issued its final GENIUS Act rule on stablecoins, effective January 18, 2027. The rule eliminates a proposed automatic seven-day redemption extension and defines timely redemption as the point at which the issuer sends the money, not when an external bank makes funds available. It retains an ordinary ceiling of two business days for redemption requests. Issuers must notify the OCC within 24 hours if redemption requests exceed 10% of a brand's outstanding issuance value in a single 24-hour period. The rule also mandates monthly public reserve-composition reports and quarterly financial reports.
06:48
SK Hynix has abandoned its plan for a U.S. IPO of its memory subsidiary, Solidigm. LYNX Equity Strategies analysts stated in an October 23 report that this move eliminates a potential source of supply expansion in the NAND flash market. The IPO was intended to raise funds for U.S. capacity expansion, which could have increased global supply in three years or more. The cancellation of this plan is a substantial positive for Micron Technology and SanDisk, helping to support industry pricing. However, analysts cautioned that the current market environment might limit the actual upside for both companies' stock prices. Intel could face a minor negative impact as a result. On Friday, Micron closed up 2.46%, while SanDisk closed down 1.82%.
06:47
Instacart, the grocery delivery company, is reportedly evaluating sale options and has held preliminary talks with potential buyers, including Uber and DoorDash, according to Bloomberg and The Information. Following the news, Instacart closed up 9.21% on Friday, with a market capitalization of approximately $13.4 billion. However, Uber has withdrawn from negotiations, while DoorDash remains a potential buyer. The market reacted to the antitrust risks and acquisition costs faced by potential acquirers, with Uber's stock closing down 3.4% and DoorDash's down 3.5%. Analysts estimate that Instacart's acquisition valuation could range between $16 billion and $17 billion, assuming a 30% to 40% premium, but any deal would face severe antitrust scrutiny.
06:35
Yemen's armed forces, fighting for the internationally recognized government, claim to have carried out air strikes against Houthi forces at the abandoned Sofitel hotel in Taiz, according to military spokesperson Colonel Majid al-Nuzaili. Al-Nuzaili stated that the strikes targeted Houthi tanks and artillery east of the city of Taiz, neutralizing a command-and-control center and destroying two tanks. The action was in response to the Houthi Militia's targeting of civilians.
06:32
The Israeli military announced it has launched a "targeted" security operation in the Hebron area in response to a shooting incident earlier in the day. The operation aims to identify and dismantle "terrorist infrastructure and weapons" and interrogate suspects, and is expected to last several days. Residents in the affected areas can only leave through three designated exit points and must undergo security checks. Previously, Israeli Prime Minister Netanyahu had announced a lockdown of the entire occupied West Bank. Israeli human rights organization B'Tselem warned that the Israeli government is imposing collective punishment on the region.
06:16
Aave has lowered the utilization threshold for Tether USDT lending rates on its Ethereum core market, causing borrowing costs to rise sooner when liquidity tightens. This adjustment, executed on October 21 at Ethereum block 26,241,799, reduced the threshold from 94% to 92%. For example, at 94% utilization, the annual borrowing interest rate would increase from 4.5% to 7%. For a 1 million USDT loan, this translates to an additional 25,000 USDT in interest annually.
06:03
Israeli forces raided several areas in the occupied West Bank, including the towns of Beit Fajjar and Tuqu in the Bethlehem Governorate, and Kafr ad-Dik in the Salfit Governorate, according to the official Palestinian news agency Wafa. During the raid in Kafr ad-Dik, Israeli forces reportedly forced a family out of their home and used the property as military barracks.
06:03
The Microduck robots, which are open-source devices produced by Pollen Robotics (a company acquired by Hugging Face, now part of Nvidia), were showcased by Huang at the GTC Berlin conference. They perform tricks like sitting, napping, and somersaulting on voice command, and are trained using Nvidia's technology stack. Deliveries are expected by Christmas.
05:50
Israeli forces have stormed the city of Hebron in the occupied West Bank with approximately 20 military vehicles. This action follows Israeli Prime Minister Benjamin Netanyahu's order for a full lockdown of the occupied West Bank, issued after a gunfight in Hebron killed two Israeli soldiers and wounded several others.
05:42
Ripple CTO emeritus and one of the original architects of the XRP Ledger (XRPL), David Schwartz, stated that the success of XRPL in financial applications is unlikely to not benefit its native cryptocurrency, XRP. Schwartz believes that XRP's unique advantages as the only native, counterparty-free asset on XRPL, used for paying transaction fees and maintaining account reserves, will help drive its long-term demand and value.
05:41
Wells Fargo and five other companies have filed objections to the proposed tokenized stock platform, a joint venture between OKX and ICE, under the SEC’s innovation exemption. As of Friday, a total of 22 companies have now filed objections.
05:35
Global investment-grade corporate bond spreads surged to 129 basis points on Thursday, the widest level since May 2025, driven by multiple factors including technology companies borrowing heavily for AI infrastructure, rising oil prices, and political turmoil in France. The market is concerned that tech giants like Meta are planning unprecedented fundraising, while it remains uncertain whether AI investments will translate into profits in a timely manner.

Meta disclosed in its quarterly filings that it is considering raising "hundreds of billions of dollars" over several years starting this autumn, with its spending commitments having climbed from approximately $700 billion in July to about $825 billion. Elon Musk's SpaceX is also seeking to raise $40 billion to purchase NVIDIA chips. So far this year, companies have collectively raised over $450 billion for AI-related expenditures, a figure expected to approach $1 trillion next year.
05:33
Chinese President Xi Jinping has convened a central committee meeting with top cadres, focusing on discipline. The meeting will be closely watched ahead of next year's party congress and the leader’s expected fourth term.
05:33
According to the official National News Agency (NNA), Israel has carried out more attacks on the southern Lebanese municipality of Khiam. Israeli forces are also intermittently shelling several towns and villages, including Zawtar al-Sharqiyah, Mayfadoun, Barashit, Majdal Zoun, and Qantara.
05:28
Bitcoin infrastructure company Blockstream announced the launch of consulting services for financial institutions and has opened an office in Lugano, Switzerland. This move aims to provide banks, asset managers, and other institutions with direct support for their engineering expertise and Bitcoin infrastructure, covering the assessment, design, and implementation of Bitcoin financial infrastructure, including solutions such as tokenized asset issuance and confidential settlements. The company stated that Switzerland has a long banking tradition and a digital asset-friendly regulatory framework, and the Lugano office will serve as its European operational hub, catering to clients in Switzerland and across Europe.
05:20
According to Al Jazeera, citing a recent poll by Israel's Channel 12, approximately three-quarters (75%) of young Israeli Jewish first-time voters identify with right-wing or center-right political positions. This proportion is significantly higher than other groups in Israeli society and runs counter to the general trend of left-leaning youth globally.
05:19
AI-linked job losses in the UK are running at twice the rate of the US and Germany. Barclays plans to axe 5,000 jobs by the end of 2026 as it turns to artificial intelligence (AI) to cut costs. The bank’s chief executive has described AI as the “icing on the cake” of that effort, but unions accuse the bank of using AI as an excuse to reduce its workforce.
05:17
Western Digital CFO Kris Sennesael refuted the "peak AI demand" theory during the Q1 earnings call on October 22, stating that hyperscale cloud service provider clients continue to expand capital expenditures and are discussing supply and demand for 2030-2031. The company's capital expenditures more than tripled year-over-year, primarily for expanding high-capacity hard drive production, with spending expected to be slightly above the 4% to 6% of revenue range average over the next two years. Although the company projected Q2 adjusted EPS could reach up to $6 (above analysts' expectation of $4.80) and raised its quarterly dividend by 17%, the aggressive capital expenditure plan still raised market concerns about the sustainability of AI data center investments, leading Western Digital's stock to close down approximately 3% on Friday. Sennesael added that even if AI development slows, it would help the company catch up with existing demand gaps.

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.