The Democratic Party in the US Senate has proposed extending spending by a month to complete a more comprehensive appropriations bill, but faces a short-term funding bill passed by the Republican-controlled House. Schumer warned the Democratic Party against the short-term plan and urged the Republican Party to avoid a partial government shutdown. Republican senators accused Schumer of blaming the Republican Party.

Golden Finance reported that Ryan Fang, an advisor to the Trump family's encryption project World Liberty Financial, forwarded tweets related to the BSC network Meme Token WHY. It is reported that WHY is a Meme Token on the BSC network, Rayn Fang is an advisor to the WLFI project of the Trump family, and also the founder of ANKR. The symbol animal of the Republican Party is an elephant, and WHY is a Meme with an elephant icon.

Guangzhou Technology plans to acquire 100% of Xinda Electric through issuance of shares and cash payment, and at the same time, to raise matching funds by issuing shares to specific investors. The total assets of Xinda Electric far exceed those of Guangzhou Technology, and this acquisition is seen as a "snake swallowing elephant" type of merger.

Jinshi data news on July 26th, Xiamen Elephant Island's stock price approached the limit down. On the news front, Xiamen Elephant Island's largest customer in 2023, Delong Nickel Industry, has recently applied for bankruptcy reorganization. As a journalist, I called Xiamen Elephant Island's securities department as an investor. The relevant staff stated that the business dealings between Xiamen Elephant Island and Delong Nickel Industry are currently normal, and both parties are still fulfilling delivery obligations. There are also related guarantee measures for fund transactions.

Zhizi Engine released the multi-modal large model "Meta Multiplication Elephant Chatimg 3.0", which supports multi-image understanding, object positioning, OCR and other functions. According to reports, compared with Chatimg2.0, Chatimg3.0 has been upgraded in two main aspects, including the first stage of pre-training (description, detection, OCR and other multi-task training) and the second stage of instruction fine-tuning (high-quality artificial fine screening instruction set).

Given the current economic conditions in global markets and geopolitical uncertainty, the US dollar, which normally tends to weaken towards the end of the year, may disappoint the bears this time. Past holiday trading flows, seasonal risk appetite and unwinding towards the end of the year have weighed on the US dollar. But this year, market participants believe that the accumulation of Fed policy effects, as well as conflicts in the Middle East, will put this trend to the test. The Bloomberg Dollar Spot Index has fallen in December every year for the past six years, with an average decline of about 1.4%, with four of those times weakening since November. A basket of Asian currencies rose on average about 1.2% against the dollar in November and December. "Real interest rate differentials are more favorable to the dollar than they have been over the past five years, so dollar bears are already at a disadvantage," said Vishnu Varathan, head of economics and strategy at Mizuho Bank in Singapore. "It's clear that unprecedented policy austerity is the elephant in the room," and then "geopolitical factors are also involved." ”