Midday Key Developments on May 5
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7:00 (UTC+8) - 12:00 (UTC+8) Keywords: Musk, Goldman Sachs, Trump 1. Musk agreed to pay $1.5 million to settle with the SEC regarding the Twitter shareholding disclosure dispute. 2. Trump: I have brought $4.5 billion in profits to the United States in the past 8 months. 3. Former Qualcomm executive to join Intel, leading the Client Computing and Physical AI Division. 4. Goldman Sachs warns: global crude oil inventories are nearing their lowest level in 8 years. 5. Economic Daily published an article: The vulnerability of the Japanese economy is amplified during crises. 6. The American Bankers Association says that the compromise solution regarding stablecoin yields still has shortcomings. 7. Yesterday, the net inflow into US Bitcoin spot ETFs was $532 million, while Ethereum ETFs saw a net inflow of $61.3 million.
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