Nvidia’s Profits Didn’t Have Much Impact on Cryptocurrencies
Nvidia’s second quarter revenue exceeded expectations, providing record support to the artificial intelligence industry
Nvidia’s second quarter revenue exceeded expectations, providing record support to the artificial intelligence industry
‘Nvidia’‘s earnings report did not disappoint expectations; CFO Colette Kress announced that second-quarter revenues were $30 billion, two billion dollars higher than previous estimates. In its second-quarter earnings announcement on August 28, Nvidia marked a “Turning Day” of great importance for the artificial intelligence industry.
This figure exceeded estimates by nearly seven percent. Nvidia continued its record-breaking quarterly performance and received many positive reactions on social media. Another factor that made investors even more hopeful was the expectation of record revenue of $32.4 billion in the third quarter. CFO Kress stated that the company’s next earnings announcement will be made on November 20.
Kress attributed this growth to GPU sales, excitement for the company’s upcoming Blackwell chips, and success in data services both domestically and internationally, with particularly positive performance in the Chinese market. Speaking about the upcoming “Blackwell” platform, Kress said that the new hardware and software package will hit the market with strong demand. “Blackwell production is scheduled to begin in the fourth quarter and continue through 2026.” He stated that they expect revenues to increase.
“Demand far exceeds supply and we anticipate this situation will continue next year.” he said. Although Nvidia announced a profit above expectations, there was a 6% decline in the company’s shares due to the news about the production disruption in Blackwell chips.
Spot Ethereum ETFs nine-day outflow streak ends with net inflow of $5.8 million
Yesterday, spot Ethereum ETFs in the US recorded net inflows of $5.84 million, ending a nine-day streak of outflows. Grayscale Ethereum Trust (ETHE) had a net outflow of $3.81 million, while BlackRock’s spot ether fund had an inflow of $8.4 million and Fidelity’s FETH fund $1.26 million. This data was announced by SoSoValue. Nine spot ether ETFs traded $151.57 million in trading volume yesterday.
That figure was well below the $900 million in volumes seen when they began trading in late July. The funds experienced a total net outflow of $475.48 million. On the same day, spot Bitcoin ETFs in the US reported net outflows of $105.19 million. Ark and 21Shares’ ARKB fund led the way with outflows of $59.27 million.
Fidelity’s FBTC recorded an outflow of $10.37 million and VanEck’s fund recorded an outflow of $10.07 million. Bitwise’s BITB, Grayscale’s mini Bitcoin trust, and Grayscale’s GBTC also reported net outflows of approximately $8 million. BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, and five other Bitcoin ETFs did not record any inflows or outflows for the day. Yesterday, spot Bitcoin ETFs in the US had a trading volume of $2.18 billion. They have had a total net inflow of $17.85 billion since January.
Hong Kong’s Project Ensemble explores tokenization in banking with new CBDC sandbox
Hong Kong has launched a sandbox (experimental testbed) for a wholesale central bank digital currency (CBDC) project called Project Ensemble to test tokenization in the traditional financial sector. Wholesale CBDCs are designed to be used in large-scale payments and interbank settlements between financial institutions.
The Hong Kong Monetary Authority (HKMA) announced four main focus areas of the sandbox: fixed income and investment funds, liquidity management, green and sustainable finance, trade and supply chain finance. Major participants in this test environment include Bank of China, HSBC, Standard Chartered Bank, Ant Digital and Microsoft. Asset management companies also plan to participate in the project.
HKMA launched Project Ensemble in March as part of the second phase of the e-HKD pilot. HKMA CEO Eddie Yue stated that testing sandbox tokenization use cases is an important step in exploring the application of tokenization in real business scenarios in the industry. While Ant Digital Technologies aims to improve financing efficiency, Longshine Technology has secured cross-border financing in Hong Kong by digitizing charging stations through Ant Digital. HashKey Group plans to test the tokenization of carbon credits and green assets.
Mobile
The Tecno Pova 7 series was introduced globally: five new models, maximum performance
Tecno officially introduced the new generation Pova 7 series, which targets game and performance -oriented users.
Tecno officially introduced the new generation Pova 7 series, which targets game and performance -oriented users.
Following the Pova Curve 5G, which was introduced in India last month, the series, which was now opened to the global market, consists of five different models: POVA 7 Ultra 5G, Pova 7 Pro 5G, Pova 7 5G, Pova 7 (4G) and Pova Curve 5G.
The POVA 7 series comes with the ambitious design language that the brand calls the “Intertexual Space Ship”. Mini-LED status light, renewed Hios 15 user interface and integrated artificial intelligence features are among the prominent points of the series. Vehicles with AI integration include Functional solutions such as Ask Ella, AI Writing, Circle to Search and AI Studio. The devices are also supported with remarkable color options and the theme compatible accessories.
The Tecno Pova 7 Ultra, which is at the top of the Pova 7 series, attracts attention as a performance monster. Reinforced with the MediaTek Dimensity 8350 Ultimate chipset, the device offers a 6,000 mAh battery, 70W cable, 30W wireless and 10W reverse charging support. In addition, a 12 -layer Hyper Cooling system with steam -room, 4D vibration engine and Dolby atmos -supported double speaker system takes the game and media experience to the highest level. Thanks to the Freelink Connection feature and AI Anywhere portal, the integration between the devices is also very powerful.
The POVA 7 PRO 5G carries the DNA of the Ultra model and includes artificial intelligence vehicles with the same charging capabilities. However, the fact that it is more affordable makes it attractive for those who want to “offer the flagship experience more accessible”.
Pova 7 5G stands out as the ideal option for those who want Basic 5G experience. This model, which has a minimalist design, powerful performance and AI functions, offers an ideal balance for mobile players and multi -task users.
The POVA 7 (4G), the entrance level model of the series, maintains its stylish triangular rear panel design and attracts attention in its segment. The device, which maintains 30W wireless charging support, makes its smartphone experience simple but strong with AI -supported vehicles.
Pova Curve 5G is in India as a differentiating model in the series with its inclined screen already on sale. This model is expected to become widespread in the global market. Tecno will launch the POVA 7 series in the Middle East, Southeast Asia, South Asia (especially India) and Latin America. While each device appeals to different budgets and usage habits, the common points are the ambitious steps in performance, design and AI integration.
Hardware news and contents
New Sleeping Monitor with Upper Arm: Index Sleep Monitor introduced from Garmin
Garmin introduced the Index Sleep Monitor device, which he designed specially designed for advanced sleep tracking by moving his investments in health technologies one step further.
Garmin introduced the Index Sleep Monitor device, which he designed specially designed for advanced sleep tracking by moving his investments in health technologies one step further.
This new product targets users who do not want to wear traditional smart watches overnight. Developed to be attached to the upper arm, the device has a soft and breathable velcro fabric strap. With a minimalist design, Index Sleep Monitor does not contain a screen or physical key, and the belt can be washed on the machine when removed.
The device follows REM, light and deep sleeping phases as well as heart rate variability (HRV), blood oxygen saturation (pulse ox), skin temperature, respiratory rate and body movements. All collected data are analyzed every morning to create a personalized sleep score. This score covers many parameters from sleep quality to stress level. The device, which is synchronized through Android and iOS with Garmin Connect application, offers users the opportunity to see past data, compare different periods and integrate with other Garmin products.
Index Sleep Monitor also contains special features for women’s health. Skin Based on temperature data, menstrual cycle and ovulation windows can be monitored more precisely. A smart vibrating alarm system is activated in the light sleeping phase and offers a more natural and uncomfortable awakening experience. Offering a battery life until 7 nights, the device is available with a price tag of $ 169.99. The Index Sleep Monitor, which comes with a two-dimensional option, SM and L-XL, is expected to start delivery in July and distribute it with a 3-week shipping time.
This new product of Garmin, not only collecting sleep data, but also aims to provide users with multi -faceted analyzes such as daily recovery, stress level and body Battery. This makes it a strong and comfortable alternative for wearable technology users.
Mobile
OnePlus enters the gaming world: Brand New Gaming series is on the road
While the mobile gaming world was growing rapidly, OnePlus broke the silence and confirmed that it was working on a brand new phone series for players.
While the mobile gaming world was growing rapidly, OnePlus broke the silence and confirmed that it was working on a brand new phone series for players.
The company reportedly developed a “Gaming” line that will challenge brands such as Redmic, Asus Rog Phone and Lenovo Legion, known for its performance monster devices.
Special hardware for players: Larger battery, triggers and high -level chipset sets
OnePlus’s approaching game phones aim to make a difference not only at the aesthetics or software level, but at the direct hardware level. In the new series:
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Flagship processors (Probably Snapdragon 8 Genes 4 or Dimensity 9400),
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Physical trigger keys to increase the gaming experience (Like on Razer Phone),
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Huge batteries to support long game sessions,
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Screens with high renovation speed and advanced cooling systems can be included.
These features show that the company is not only powerful, but also long -term and stable performance.
Unfortunately, this new series of OnePlus initially only in the Chinese market on sale will come out. However, in the past, the brand first introduced some of its devices in China and then introduced them to the global market. Therefore, if the device is successful in China, it is not a surprise that it takes its place on the shelves in large markets such as India, Europe and the USA.
Which brand will be affected by this move?
The company’s game phone series, Redmagic, Asus Rog Phone, Lenovo Legion and even Poco F5 Pro will be a serious competitor in the game -oriented smartphone market. OnePlus, known for its strong hardware and user experience, offers products for players and may take the competition to the highest level.
A official release date or device name has not yet been announced. However, it is expected to be introduced in China in September or October. It is also possible to introduce the first device of OnePlus under a special sub -brand, such as “OnePlus Ace Gaming Edition .