On the first day of December #数字货币市场回调 , the three major U.S. stock indexes opened with a jolt to the market. The Dow Jones fell 0.63%, the S&P 500 slid 0.6%, and the Nasdaq dipped 0.85%.
However, there are two highlights in the technology sector: Synopsys (SNPS.O) surged 6.5% in a single day—behind this is Nvidia's investment of $2 billion in real cash; Wolfspeed (WOLF.N) was even more impressive, soaring nearly 8% after the company just received a cash tax refund of $698.6 million.
When the traditional market is fluctuating, $BTC often also follows the volatility. Risk assets have a chain reaction, as per usual.
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AlphaWhisperer
· 14h ago
Nvidia's move is really impressive, spending 2 billion directly to pump SNPS, it's that simple and brutal.
BTC is just going in circles with the US stock market, when will it have an independent market?
Wolfspeed's tax arbitrage is also quite clever, an 8% rise for free.
When the traditional market shakes, the crypto world has to follow along, I'm tired of this routine.
This wave of SNPS indeed has something going for it, but don't get too excited, a pullback could knock at the door anytime.
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MemeCurator
· 16h ago
NVIDIA is spending money again, this move is really ruthless.
BTC following the trend is indeed annoying, when can it act independently?
The tax refund figure from Wolfspeed is a bit outrageous, where did this money come from?
When the US stock market shakes, the whole circle has to tremble along, it's too passive.
The market falling back for a pullback is purely normal, why does it feel like this act happens every time?
Wait, 698.6 million in tax refunds? This figure is too precise, is it real or fake?
The tech zone only has these two highlights, what about the others, are they all dead?
I've heard enough about the chain reaction of risky assets, it's just a fall anyway.
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LostBetweenChains
· 16h ago
NVIDIA's $2 billion investment has directly saved the tech zone, it's hilarious.
During a big dump, it's always the ones who throw money in who laugh last.
BTC falls but doesn't rise, this issue needs to be fixed.
This pullback is truly a test of mentality.
Wait, is Wolfspeed's 8% rise for real? They can even make a splash with tax rebates.
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ChainPoet
· 16h ago
NVIDIA's operation is ruthless, directly pumping SNPS, the money being thrown is real.
Speaking of which, BTC following the trend is also a traditional skill, when will it be able to stand independently once?
The tax rebate力度 is also good, Wolfspeed is making a fortune.
On the first day of December #数字货币市场回调 , the three major U.S. stock indexes opened with a jolt to the market. The Dow Jones fell 0.63%, the S&P 500 slid 0.6%, and the Nasdaq dipped 0.85%.
However, there are two highlights in the technology sector: Synopsys (SNPS.O) surged 6.5% in a single day—behind this is Nvidia's investment of $2 billion in real cash; Wolfspeed (WOLF.N) was even more impressive, soaring nearly 8% after the company just received a cash tax refund of $698.6 million.
When the traditional market is fluctuating, $BTC often also follows the volatility. Risk assets have a chain reaction, as per usual.