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Tesla CFO: Recent rise in oil prices has boosted order growth.Tesla CEO Elon Musk: The company is moving forward with a series of major improvements aimed at achieving unsupervised FSD.Tesla CEO Elon Musk: We expect to ramp up production across all models and factories for the remainder of this year.Tesla CEO Elon Musk: OPTIMUS will be the companys largest product ever.US-Iran-US Conflict: ① Iran 1. Iranian media reported seeing "signs" that the US is prepared to lift the blockade. 2. The Iranian Revolutionary Guard: is prepared to deal with any new aggression, and if war breaks out again, will "inflict devastating damage on the remaining enemy assets." 3. Maleki, a member of the Iranian Parliaments National Security Committee: the maritime blockade, attacks on Iranian ships, and threats from the US are among the reasons why the negotiating team failed to participate in the second round of talks. ② US 1. Trump: Irans finances are collapsing. 2. US Treasury Secretary: Gulf and Asian allies have requested the establishment of a dollar swap line. 3. Trump said a new round of US-Iran peace talks could restart as early as Friday. 4. US media reported that Trump would only extend the ceasefire for 3 to 5 days; the White House and Trump denied this. Trump said there is "no time pressure" on the ceasefire. 5. White House Press Secretary Levitt refuted reports that "Irans existing military strength exceeds the scale publicly acknowledged by the US Department of Defense." ⑤ Strait of Hormuz 1. UK Maritime Trade Operations Office: A ship was attacked near Oman; the captain stated that a Revolutionary Guard gunboat approached and opened fire. 2. Iran: Has taken maritime enforcement action against a container ship that ignored warnings. 3. The Iranian Revolutionary Guard detained two vessels for violations and transferred them to Iranian coastal waters. 4. White House: Trump believes that Irans seizure of ships does not violate the ceasefire and that such actions constitute piracy. 5. Iranian Parliament Speaker: The US has blatantly violated the ceasefire agreement and it is impossible to reopen the Strait of Hormuz. 6. US Central Command: The US military has ordered 29 ships to return to port or sail back to their port of departure. 7. Shipping and security sources: The US military intercepted at least three Iranian oil tankers in Asian waters. 8. US Department of Defense: Clearing mines from the Strait of Hormuz will take six months. ⑥ Ceasefire Negotiations 1. Trump said a new round of US-Iran peace talks could resume as early as Friday. 2. Trump expects Iranian Foreign Minister Araqchi to continue participating in the Iran negotiations. 3. Iranian Foreign Ministry: Has not yet decided whether to participate in a new round of negotiations with the United States. 4. Pakistan has warned the US and Iran that "no talks, no war" and that the next phase of war would have catastrophic consequences. 5. Pakistani officials: Received positive signals from Iran indicating its willingness to restart face-to-face negotiations. ④ Other situations: 1. Lebanese Parliament Speaker: Israeli troops should withdraw unconditionally from southern Lebanese territory. 2. According to the Saudi Press Agency: Israeli drone strikes in Lebanons West Bekaa Valley killed one person and injured two. 3. Lebanese Prime Minister Salam: The government does not seek confrontation with Hezbollah and will not be intimidated in direct negotiations with Israel. 4. US media reports that the Trump administration has suspended dollar shipments to Iraq and frozen security cooperation projects with the Iraqi military, thereby increasing pressure on Baghdad to force it to disband the powerful Iranian-backed militia. 5. Lebanese officials told AFP on the 22nd that Lebanon will request a one-month extension of the ceasefire during talks with Israel. 6. According to Israels Channel 12: Dozens of US military cargo planes loaded with munitions landed at Ben Gurion Airport in Israel today.

What You Should Know About GameStop's Collaboration With FTX

Aria Thomas

Sep 08, 2022 11:16

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GameStop Corporation (NYSE:GME) has partnered with FTX, a cryptocurrency exchange, in an effort to draw more customers to the digital asset market.


What Happened: On Wednesday, GameStop and FTX announced their partnership in a press release. The transaction's terms were not made public.


The partnership intends to introduce more GameStop customers to FTX's digital asset community and marketplaces, according to a statement from GameStop.


Sam Bankman-Fried founded FTX, a digital currency exchange that supports trading in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE), and a number of other cryptocurrencies.


Additionally, GameStop and FTX will collaborate on new e-commerce and internet marketing initiatives. At addition, GameStop will stock FTX gift cards in certain locations and become FTX's leading retail partner in the United States.


Launched in July, GameStop's L2 NFT marketplace has had a rapid increase in trading volume among decentralized non-fungible token exchanges. According to data published by CoinDesk, GameStop's NFT marketplace exceeded Coinbase Global Inc.'s (NASDAQ: COIN) all-time NFT trade volume in its first week of operation.


After-hours trading for GameStop shares climbed by 13% following the release of second-quarter results. Although the business's second-quarter revenue of $1.136 billion fell short of Wall Street's forecast of $1.27 billion, the company emphasized the $233.2 million in sales from its booming collectibles sector, which had climbed from $177.2 million in the same period of the prior year.