#OpenAI年化营收超400亿美元 OpenAI's annualized revenue exceeding $40 billion indeed provides strong fundamental support for its IPO valuation, but supporting the extremely high valuation of "$800 billion to $1 trillion" rumored by the market still faces multiple tests, including profitability pressure, cost burdens, and industry competition. The final valuation will depend on the extent to which its profitability is realized and expectations for future growth.
I. The rationale for revenue exceeding $40 billion supporting the valuation
1. Strong growth momentum and emerging economies of scale: OpenAI's

First time trading U.S. stocks—how does this actually work?

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Gate Live’s livestream homepage has launched “Follow Streamers”
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#BTCBigOptionsExpiryAt64K
BTC and ETH are entering an important volatility window today as a large options expiry puts two key levels directly in focus.
Bitcoin is trading around $63K, while Ethereum is trading around $1.87K–$1.90K. The reported options expiry has BTC max pain near $64,000 and ETH max pain around $1,900. Max pain is not a guaranteed price target, but it can become an important reference when hedging flows and concentrated options positioning influence short-term price action.
For BTC, the market is currently sitting just below the $64K decision zone.
BTC key levels
Support: $

If You Think Bitcoin Is Dead, You’re Probably Right.
Because This Could Be Where The Real Game Starts For Whales.
Retail Sees Fear. Smart Money Sees A Long-Term Bitcoin Accumulation Zone.

#Cryptocurrencies
The US Securities and Exchange Commission (SEC) has postponed Friday's meeting, where a vote on a closely watched regulatory package for the crypto sector was expected, at the last minute. No new date has been announced, prolonging regulatory uncertainty for crypto companies ..

$BR
What a bullish morning!
If I take a loss one day, I come back the next day with double the profits 💪
This is just the beginning, the other three positions are still active.
Today is going to be a banger! 🚀

Five consecutive intraday wins on gold
Short at 4335, exited at 4331, 4 points, 553🔪$XAUT

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Gate Launchpool is back with another opportunity for the community! 🌐
Users can participate in Launchpool 141 and potentially earn $MDOS rewards by following the campaign’s eligibility and staking requirements.
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🔹 New token rewards through Launchpool
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👀 Before participating, always check the official campaign page for the latest staking requirements

#GateLaunchpool141MDOS
Gate Launchpool DOS - The Complete Master Guide to Farming 1,410,000 DOS
Gate has just launched its 370th Launchpool project featuring DAPPOS (DOS), and it comes with a massive reward pool of 1,410,000 DOS tokens that anyone can farm for free. This is one of the most anticipated AI-narrative launches on the platform this quarter, and the opportunity is open to every user with even a tiny balance. Here is the complete breakdown - what DOS is, how the pools work, exactly how much GUSD or USDT you need, how rewards are calculated, and what your stake could realistically ea

$SNDK Guys, I bought a 3x short ETF at an average price of 1475. It’s fine, it’s just spot—I’m not worried at all. Stop talking about whether it’ll skyrocket or not. I’ve bought this SanDisk ETF several times before, and I’ve made money every time.

#GateCardTripleUpgrade
Gate Card Triple Upgrade: Why 8% Cashback + Tokenized Stocks Changes Daily Crypto Spending
Gate Card just dropped three upgrades: smoother withdrawals, expanded cashback (now 13+ assets including tokenized stocks), and simplified onboarding. Up to 8% cashback in 200+ countries sounds great but which upgrade actually moves the needle for active traders? Here’s my practical breakdown. 👇
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• Tokenized Stock Cashback = Dual Utility: Earning crypto rewards while spending traditional assets bridges TradFi/DeFi seamlessly. No more c

In CoinDesk’s latest July “Exchange Review” report, Gate ranked prominently across several key leaderboards: Top 4 in spot trading, Top 4 in derivatives, Top 2 in open interest, and Top 3 in RWA perpetual contracts.
Spot Top 4: From BTC/ETH to a diverse range of innovative assets, every trade requires exceptional market depth, low slippage, and liquidity pools capable of handling large capital inflows and outflows.
Derivatives Top 4: The game of leverage and margin tests a platform’s millisecond-level system stability in mark prices, funding rates, risk limits, and liquidation mechanisms.
When

#OpenAIAnnualRevenueSurpasses40B
OpenAI is entering a new phase of explosive commercial growth.
According to a Bloomberg report cited today, OpenAI’s annualized revenue run rate has surpassed $40 billion, roughly doubling its pace from late 2025.
That milestone shows how quickly AI has moved from an emerging technology into a massive commercial industry.
The growth is being driven by strong demand across ChatGPT subscriptions, enterprise AI, APIs and newer revenue streams. OpenAI has also said enterprise customers now account for more than 40% of its revenue, highlighting how quickly business

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8.14 Gold Afternoon Analysis
After dipping to 4310 in the early session, gold briefly consolidated, rebounded slightly, and then came under renewed selling pressure.
The midday strategy remains focused on selling into rebounds, with the market likely to further test support near 4300.
Today, Friday, is the last trading day of the week. The weekly candle opened at 4347 and will most likely close bearish; if a shooting star forms, it will signal a potential trend reversal, and the decline may continue next week.
Trade: Short at 4335‑4350, target 4300‑4315.
Reminder:
The above analysis is Muyao's

JUST IN: CENTCOM denies pushing for a new round of strikes against Iran, calling reports “fabrications, not facts.” No direct crypto angle here, but geopolitical risk remains a market undercurrent for risk assets. $BTC $ETH