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[Microsoft's Market Cap Surpasses $4 Trillion, Paypal Rises Over 7%] U.S. stocks opened on a positive note, with the Dow Jones Industrial Average up 0.4%, the S&P 500 Index up 0.29%, and the Nasdaq Composite Index up 0.5%. Microsoft (MSFT.O) shares rose 3.7% after signing a new agreement with OpenAI, pushing its market capitalization past $4 trillion for the first time. Paypal (PYPL.O) shares surged 7.5% as the company announced that its digital wallet functionality will be integrated into the ChatGPT platform, further boosting market optimism about its business integration capabilities.
At the opening of the US stock market, the Dow Jones Industrial Average rose 310 points, the Nasdaq rose 129 points, and the S&P 500 index rose 0.31%.
[Win Rate 100% Whale Holds $4 Million in 10x Leveraged SOL Long Position] On-chain analysis shows that a whale with a 100% win rate has surpassed $4 million in 10x leveraged SOL long positions, with a total position exceeding $452 million. Previously, SOL orders were canceled and switched to TWAP format. So far, 13,859.85 SOL have been traded, and accumulation is still ongoing.
[OceanPal Completes $120 Million Financing to Drive NEAR Protocol Commercialization] OceanPal Inc. announced the completion of a $120 million private investment in public equity (PIPE) transaction for the purchase and sale of common stock and pre-funded warrants. The company plans to use the net proceeds to implement a digital asset treasury strategy through its wholly-owned subsidiary, SovereignAI Services LLC. SovereignAI focuses on commercializing NEAR Protocol, a blockchain platform designed for artificial intelligence use cases. OceanPal expects to become a major public investment vehicle through SovereignAI, providing investors exposure to NEAR tokens and AI infrastructure.
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