Global TradFi & Macroeconomics

Nvidia has denied acquisition rumors about major PC or server companies like Dell or HP, emphasizing no discussions have occurred. The company has made significant investments recently but faces regulatory challenges from potential acquisitions.

Strategy Inc.'s preferred stock STRC saw $1.1 billion in trading volume as the company continues its Bitcoin acquisition program, purchasing 13,927 BTC. STRC has become vital for raising capital, with a target of $84 billion by 2027.

Transcenta Holding Limited announced a placement of 5.085 million H shares at HK$57.03 each, raising about HK$282.15 million. The funds will support R&D, production, and general corporate needs.

Fluidstack is in talks to raise $1 billion at an $18 billion valuation, following a significant deal with Anthropic. The startup, leveraging former Bitcoin miners to build custom data centers, signals a shift in AI companies toward dedicated infrastructure, creating new revenue opportunities.

Broadcom and Meta have entered a strategic partnership to enhance Meta's AI infrastructure, focusing on MTIA chips, projected to extend through 2029. Hock Tan will leave Meta's board, transitioning to an advisory role on chip development.

The Strait of Hormuz is experiencing a gradual recovery in shipping traffic despite ongoing regional tensions, with current levels still below pre-conflict volumes.

Gate News: According to the latest Gate TradFi data, GAS (Gasoline) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

International crude oil futures fell sharply, with WTI down 7.87% to $91.28 and Brent down 4.6% to $94.79 per barrel. Iran is contemplating suspending shipping through the Strait of Hormuz amid ongoing negotiations.

Huaqin Technology will launch its Hong Kong IPO from April 15-20, 2026, offering 58.5 million H-shares. The company aims to raise up to HK$4.463 billion, allocating funds for R&D, manufacturing expansion, and strategic investments.

On April 14, the U.S. Dollar Index (DXY) fell by 0.25% to 98.124 as the dollar weakened against several major currencies, including the euro, British pound, yen, Swiss franc, Canadian dollar, and Swedish krona.

Gate News message, April 14 — Hang Seng Index futures (Hong Kong's benchmark equity index) closed up 0.88% in the night session at 26,145 points, with a premium of 273 points.

Gate News: According to the latest Gate TradFi data, NAS100 (Nasdaq 100) has surged by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Bitmine has officially moved from the NYSE American board to the main board in the United States, marking a major milestone for the company. Despite a sharp drop in its stock price, it has still increased its share buyback plan by raising the authorization to $4 billion. The company holds a large amount of Ethereum, and predicts that a rebound in the crypto market will help improve its assets and stock performance.

Gate News: According to the latest Gate TradFi data, USDINR (US Dollar vs Indian Rupee) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News: According to the latest Gate TradFi data, BE (Bloom Energy Corp) has surged by 22% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

US Treasury Secretary Scott Bessent expressed confidence in declining core inflation despite the Iran war, urging the Federal Reserve to cut rates. Rising consumer prices due to the conflict have impacted President Trump's approval ratings. Trump's Fed chair nominee, Kevin Warsh, faces nomination delays but may soon proceed.

Howard Marks revised his view of artificial intelligence (AI) in a memo, acknowledging that he had previously underestimated its potential, and noting that AI is not only an investment topic but is also changing how businesses operate. His shift in perspective is significant for credit markets, underscoring the link between the expansion of debt and AI, and reminding the market to be alert to the reasonable pricing of related assets. After using AI tools to analyze, he recognized that AI will become a key driver of productivity and the labor force.

The U.S. Treasury eased sanctions on Venezuela's financial system, allowing access to U.S. dollars and oil revenue, supporting Delcy Rodriguez's government amid public worker protests for better pay. Relations with Venezuela are normalizing post-Maduro's ouster.

The EBRD warns that a prolonged Iran war could severely impact Europe's economy, potentially shrinking growth and increasing inflation. Negotiations have stalled, and the bank plans to invest €5 billion to support affected nations while the EU proposes easing state aid rules to address energy costs.