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Share link:In this post: Target put out a profit warning for the first quarter, saying that Trump’s tariffs will hurt its business. Target said that due to uncertainty, the company expects to see meaningful year-over-year profit pressure in its first quarter relative to the remainder of the year. Target’s stock is down 21% in the last year and 9% so far this year.
Quick Take The price of AXL rose over 14% in a matter of minutes after news broke that Canary Capital had filed an S-1 registration with the SEC on Wednesday for an Axelar ETF.
Quick Take The bankrupt crypto exchange transferred 11,834 BTC to an unmarked address on Wednesday, marking the first larger transaction since late January. Arkham Intelligence data shows that it also sent 166.5 BTC to its cold wallet around the same time today.
Quick Take Aave DAO is considering launching a “savings” version of its GHO stablecoin, similar to Sky’s sUSDS token. The move comes amid a series of proposals seemingly aimed at driving GHO adoption.
- 18:27Elon Musk's Neuralink Completes Two Surgeries in a Single Day for the First TimeAccording to Jinse Finance, Neuralink, Elon Musk's brain-computer interface company, announced on the 22nd, "This weekend, we successfully completed the P8 and P9 surgeries, marking the first time we have performed two surgeries in a single day. Both patients are currently recovering well and are in good spirits." Musk commented that Neuralink will ultimately change the lives of millions, or even billions, of people. He wrote, "Imagine your loved ones being able to walk again, or parents with dementia being able to recognize their children once more."
- 17:54JPMorgan Chase Reshuffles Quantum Computing Leadership TeamAccording to a report by Jinse Finance, JPMorgan Chase has carried out a comprehensive restructuring of the leadership of its internal research team responsible for quantum computing and other advanced technologies. Sources revealed that former IBM inventor Marco Pistoia has recently left the company. He became the head of JPMorgan Chase's applied research group in 2020. According to an employee memo sent on Monday, JPMorgan Chase has hired Rob Otte, the Global Head of Digital Technology and Quantum Computing at State Street Bank, to succeed Pistoia.
- 16:42UNI breaks through 11 dollarsAccording to Jinse Finance, market data shows that UNI has surpassed $11 and is now trading at $11.01, up 1.47% in the past 24 hours. The market is experiencing significant volatility, so please manage your risks accordingly.