Meta (META.US) is in discussions with a Cryptos company regarding stablecoin payment matters.
According to reports, Meta Platforms (META.US) is negotiating with several Cryptos companies to introduce stablecoins for managing expenses, and has hired a product vice president with experience in Cryptos to assist with the discussions.
Meta Platforms, Inc. (META): Among Billionaire David Abrams' Stock Picks With Huge Upside Potential
U.S. stock market close: The U.S.-U.K. trade agreement boosts the market, with all three major Indices collectively rising, the Nasdaq up over 1%.
① The three major U.S. stock indexes all closed higher, with the Nasdaq rising over 1%; ② Large Technology stocks collectively increased, with Google rising nearly 2%; ③ China Concept Stocks saw widespread gains, with the Nasdaq China Golden Dragon Index rising 0.97%.
Overview of international market headlines from last night and this morning _ May 9, 2025 _ Financial News
The main headlines that global financial media focused on last night and this morning include: the USA and the United Kingdom have reached the first trade agreement since the Trump tariff war, with missing details highlighting the hasty agreement. President Trump announced a trade framework agreement with the United Kingdom, calling it a "breakthrough" that will lower trade barriers and expand market access for American Commodities. "I am pleased to announce that we have reached a groundbreaking trade agreement with the United Kingdom," Trump stated in the Oval Office on Thursday. Trump indicated that all details of the agreement will continue to be negotiated in the coming weeks. According to the agreement, the United Kingdom will expedite customs processes for American Commodities and reduce agricultural tariffs.
Meta in Discussions With Crypto Firms for Stablecoin Payouts - Fortune
Apple is developing dedicated chips for smart glasses and AI servers.
Apple's silicon design team is developing new chips that will serve as the brains for future devices, including its first smart glasses, a more powerful Mac, and AI servers. Insider sources reveal that the company has made progress in chip development for smart glasses. This move indicates that Apple is accelerating the research and development of such devices to challenge Meta Platforms Inc.'s Ray-Ban glasses. In recent years, the silicon team has become a critical component of Apple's product development engine, especially after switching to self-developed Mac chips to replace Intel processors in 2020.
