Lates News

The stablecoin USDC issuer Circle will release its financial report before the US stock market opens on February 25; NVIDIA will announce its financial report after the US market closes on February 25 (5:00 on February 26 Beijing time). The market is widely concerned about the impact of the performance of the two companies on risk assets. NVIDIA's stock price has remained at high levels in recent months, with limited gains since the beginning of the year. Wall Street is worried that even if the performance is strong, short-term profit-taking pressure may increase volatility and affect the performance of the global AI industry chain and related asset prices. Historically, NVIDIA's outperformance of expectations in its financial reports has boosted market risk appetite and improved sentiment during periods of correction in the cryptocurrency market. At the current juncture, investors are evaluating the interplay between AI capital expenditure cycles, semiconductor profit prospects, and stablecoin business growth. The financial reports of Circle and NVIDIA may become important windows for observing the resonance intensity between the technology and cryptocurrency markets.