Friday, December 29: Nvidia launches new version of RTX 4090 in China
Shares of Nvidia Corp. fell more than 1.0% on Friday after the semiconductor giant launched a new, albeit slower, gaming chip designed to comply with U.S. export restrictions on China.
The company unveiled the GeForce RTX 4090D series graphics processing unit (GPU) on its Chinese website, stating that it features artificial intelligence (ai)-enabled graphics, although it offers performance through power consumption that is a 5.9% lower than the version released by Nvidia in 2022.
Monday, January 1: Australian house prices recorded an 8.1% increase in 2023
Australian house prices rose in 2023, marking a significant improvement from the previous year's decline, although higher interest rates and continued cost-of-living pressures slightly slowed growth in the final months of 2023.
Data from real estate analytics provider CoreLogic Inc. showed prices rose 8.1% last year from a 4.9% drop in 2022, but fell short of the 24.5% rise recorded in 2021, while Prices posted a 0.4% rise in December to mark the smallest monthly increase. increase since February 2023.
Tuesday, January 2: bitcoin Hits 21-Month High on ETF Approval Hopes
bitcoin rose to a 21-month high on Tuesday, driven by significant market expectation of a spot exchange-traded fund (ETF) approved for the world's largest cryptocurrency by market capitalization.
bitcoin gained 6.0% to $45,168.6, marking its highest level since April 2022, as speculation grew that the US Securities and Exchange Commission (SEC) is close to approving a or some of the 14 notable applications for a spot bitcoin ETF.
Wednesday, January 3: Saylor begins the sale of $216 million in MicroStrategy shares
MicroStrategy Inc. co-founder and CEO Michael Saylor has begun selling options on $216 million worth of stock in the U.S. software company, and plans to sell 5,000 shares per trading day over the next four months. subject to a minimum price condition.
A regulatory filing with the SEC stated that Saylor proposed to sell 315,000 shares, purchased through stock options in 2014 and set to expire in April, as he aims to address personal obligations and acquire additional bitcoin for his own account.
Thursday, January 4: Japanese airline estimates collision losses of $105 million
Japan Airlines (JAL) Co. Ltd. expects the collision of its Airbus A350 with a Coast Guard plane at Haneda Airport on Tuesday to result in an operating loss of around 15 billion yen ($104.81 million ).
The company stated on Thursday that insurance would cover the loss of the two-year-old plane, the first hull loss of the A350 model, and was examining its impact on its consolidated financial forecast for the fiscal year ending in March 2024.
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