crypto its- Top Featured snippets

Shanghai's "trade-in" has driven consumption to exceed 10 billion yuan. According to the statistics of Shanghai Jiaodian Household Appliances Business Association, as of December 11, Shanghai's household appliances consumption subsidy activities have achieved remarkable results, and the number of people participating in the trade-in of household appliances in Shanghai has exceeded 3.57 million. The sales of eight categories of household appliances, including air conditioners, computers and refrigerators, covered by the state subsidy increased by 30%-40% year-on-year. During the implementation of the policy, the cumulative amount of subsidies reached 1.165 billion yuan, and the consumption of household appliances and household products by all platforms exceeded 10 billion yuan. (Liberation Daily)Top 20 US stock turnover on December 12: Adobe's poor performance led to a sharp drop of 13.7%. On Thursday, Adobe, the fourth US stock turnover, closed down 13.69%, the biggest one-day drop in two years, with a turnover of 8.32 billion US dollars. The company's performance guidance fell short of market expectations, which aggravated investors' concerns that the creative software giant might be subverted by emerging artificial intelligence (AI) startups. The company expects revenue of $23.4 billion in fiscal year 2025, which is less than the $23.8 billion expected by analysts; Earnings per share are expected to be $20.20-$20.50, which is less than the analyst's expectation of $20.52. After Adobe announced its financial report and performance forecast, Bank of America Securities lowered its target price from $640 to $605, and Jefferies lowered its target price from $700 to $650. (Global Market Broadcast)The Federal Reserve's loan balance in the discount window in the week of December 11th was $2.61 billion, compared with $2.43 billion in the previous week. The balance of bank term financing loans in the week of December 11th was 15.6 billion US dollars, compared with 17.1 billion US dollars in the previous week.

The probability that the Fed will cut interest rates by 25 basis points in December is 94.7%. According to CME's "Fed Watch", the probability that the Fed will keep the current interest rate unchanged by December is 5.3%, and the cumulative probability of cutting interest rates by 25 basis points is 94.7%. The probability of keeping the current interest rate unchanged by January next year is 4.1%, the probability of cutting interest rates by 25 basis points is 73.7%, and the probability of cutting interest rates by 50 basis points is 22.3%.Morgan Stanley downgraded Hysan Industrial to a low rating with a target price of HK$ 13.WTI crude oil futures closed down 0.38%, while WTI January crude oil futures closed down 0.27 US dollars, down 0.38% to 70.02 US dollars/barrel. Brent February crude oil futures closed down 0.11 US dollars, down 0.15% to 73.41 US dollars/barrel. Nymex January natural gas futures closed up 2.28% at $3.4550/million British heat.

JPMorgan Chase elected Michele Buck as a member of the board of directors.The probability that the Fed will cut interest rates by 25 basis points in December is 94.7%. According to CME's "Fed Watch", the probability that the Fed will keep the current interest rate unchanged by December is 5.3%, and the cumulative probability of cutting interest rates by 25 basis points is 94.7%. The probability of keeping the current interest rate unchanged by January next year is 4.1%, the probability of cutting interest rates by 25 basis points is 73.7%, and the probability of cutting interest rates by 50 basis points is 22.3%.The dual platform of transaction detection has landed in Henan to cultivate the diamond industry to a higher level. Recently, the Zhengzhou International Trading Center for Cultivating Diamonds (to be established) and the Henan Laboratory of Jewelry National Inspection Group, which are jointly established by China Jewelry and Jade Jewelry Industry Association and Jewelry National Inspection Group, were officially unveiled in Zhengzhou Airport Area, marking a key step in cultivating the industrial layout of diamonds in Henan Province, which is of great significance for promoting regional economic development and industrial upgrading. "With unified and authoritative product standards, the market can establish a sound pricing mechanism and further promote the extension of the industrial chain." During the interview, people in the industry told the reporter of Company E that this time, the Jewelry National Inspection Group landed in Henan, which will further provide inspection services close to the place of origin, reduce the cost of cultivating diamonds and establish professional evaluation standards. At the same time, the trading center will also set up a platform to cultivate the diamond price trading index, standardize the market pricing system, and stabilize prices and market supply and demand. In the future, Zhengzhou Airport Port Area will also rely on the trading center to build and cultivate the downstream industrial chain layout of diamond processing, design and inlay in the area, and base on the advantages of the airport to maximize the value of the industrial chain.