On September 10, 2024, Huawei plans to host a product launch event at Nanjing Street Pedestrian Boulevard in Shanghai, China, just hours after Apple’s iPhone 16 lineup unveiling. The event is scheduled for 2:30 p.m. Beijing time, coinciding with Apple’s presentation in the U.S. Huawei’s Richard Yu teased a groundbreaking product that has been in development for five years, claiming it as an “epoch-making” innovation that surpasses others in the industry.
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Bitcoin, Ethereum, and Dogecoin Soar as "Risk On" Trade Continues
Investors are actively buying risk assets, including growth stocks, tech stocks, and cryptocurrencies, with Bitcoin (BTC) rising 2.9%, Ethereum (ETH) 5.1%, and Dogecoin (DOGE) 6.2% due to positive macroeconomic news, particularly expectations of de-escalation in the U.S.-China trade war. Bitcoin has shown to be a risk asset rather than a hedge, while Ethereum and Dogecoin face uncertainty regarding their long-term value, especially as Ethereum struggles with transaction costs and Dogecoin lacks fundamental use cases. Overall,...
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