{"id":64765,"date":"2025-12-16T08:31:04","date_gmt":"2025-12-16T08:31:04","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/evening-digest-china-growth-slows-nvidia-makes-ai-buy-bitcoin-slips\/"},"modified":"2025-12-16T08:31:04","modified_gmt":"2025-12-16T08:31:04","slug":"evening-digest-china-growth-slows-nvidia-makes-ai-buy-bitcoin-slips","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/evening-digest-china-growth-slows-nvidia-makes-ai-buy-bitcoin-slips\/","title":{"rendered":"Evening digest: China growth slows, Nvidia makes AI buy, Bitcoin slips"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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Global markets and policymakers faced a turbulent start to the week as Australia mourned a deadly antisemitic attack at Sydney\u2019s Bondi Beach, and China reported fresh signs of economic slowdown.<\/p>\n

Nvidia moved to deepen its AI infrastructure with a key acquisition, and Bitcoin slid below $87,000 amid heavy liquidations.<\/p>\n

The developments underscore rising geopolitical, economic, and market uncertainty heading into year-end, with investors turning cautious across equities, crypto, and global growth outlooks.<\/p>\n

Australia mourns deadly Bondi Beach attack<\/h2>\n


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Australia is reeling after one of the country\u2019s deadliest mass shootings in nearly three decades, following a terrorist attack at a Hanukkah celebration on Sydney\u2019s Bondi Beach on Sunday.<\/p>\n

Authorities say 16 people were killed when a father and son opened fire on a crowd of around 1,000 people gathered for the event.<\/p>\n

The older suspect, a 50-year-old man, was killed at the scene, while his 24-year-old son was critically injured.<\/p>\n

Between 40 and 43 others were wounded, including two police officers. Victims ranged in age from just 10 to 87.<\/p>\n

Prime Minister Anthony Albanese condemned the attack as an antisemitic \u201cact of pure evil,\u201d saying the country is united in grief and anger.<\/p>\n

He also signaled that the government would look at strengthening gun laws further, building on the sweeping reforms introduced after the 1996 Port Arthur massacre.<\/p>\n

China\u2019s growth slows as demand weakens<\/h2>\n


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China\u2019s latest economic data points to a continued loss of momentum as the year winds down.<\/a><\/p>\n

Industrial output grew 4.8% in November compared with a year earlier, slightly lower than October\u2019s 4.9% and short of the 5% economists were expecting.<\/p>\n

That marks the slowest pace in about 15 months. Consumer activity looked even weaker.<\/p>\n

Retail sales rose just 1.3%, a sharp drop from 2.9% in October and well below forecasts, making it the softest reading since China scrapped zero-COVID restrictions in late 2022.<\/p>\n

A steep 8.5% fall in car sales was a major drag.<\/p>\n

Investment isn\u2019t offering much support either. Fixed-asset investment fell 2.6% over the January\u2013November period, reflecting ongoing stress in the property sector and the toll it\u2019s taking on household confidence.<\/p>\n

Nvidia buys Slurm developer SchedMD<\/h2>\n


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Nvidia is making another strategic move to strengthen its AI infrastructure stack<\/a>, announcing the acquisition of SchedMD, the company behind the open-source Slurm workload manager.<\/p>\n

SchedMD, based in Utah, was founded in 2010 by Slurm\u2019s original developers, Morris Jette and Danny Auble.<\/p>\n

The firm has around 40 employees and works with major customers such as CoreWeave and the Barcelona Supercomputing Center.<\/p>\n

Nvidia has partnered with SchedMD for more than a decade, and the company says Slurm will continue to be distributed as open source following the deal.<\/p>\n

At its core, Slurm is the software that helps schedule and manage massive computing jobs across large data centers, exactly the kind of workloads needed for high-performance computing and training large generative AI models.<\/p>\n

By bringing Slurm in-house, Nvidia tightens the integration between this widely used scheduler and its own hardware, while complementing its proprietary CUDA software platform.<\/p>\n

Bitcoin slides below $87,000<\/h2>\n


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Bitcoin took a sharp dip on Monday, sliding below the $87,000 mark in what was a quick but painful move for the market.<\/p>\n

In thin holiday trading, the world\u2019s largest cryptocurrency fell nearly 2% to around $86,751, its lowest level since early December, wiping roughly $40 billion off its market value, which now sits near $1.73 trillion.<\/p>\n

The drop quickly snowballed.<\/p>\n

According to Coinglass, about $200 million in leveraged positions were liquidated within an hour, and almost all of that, around $197 million, came from long bets.<\/p>\n

As stop-losses kicked in and forced selling accelerated, the downside pressure intensified.<\/p>\n

The weakness wasn\u2019t limited to Bitcoin. Ethereum, Solana, and XRP all fell between 3% and 4%, reflecting a broader risk-off mood across crypto markets.<\/p>\n

Traders pointed to a mix of factors behind the selloff, including caution ahead of key US economic data and fading enthusiasm around expectations of crypto-friendly deregulation tied to Donald Trump.<\/p>\n<\/p><\/div>\n

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(Originally posted on : Invezz ) Global markets and policymakers faced a turbulent start to the week as Australia mourned a deadly antisemitic attack at Sydney\u2019s Bondi Beach, and China reported fresh signs of economic slowdown. Nvidia moved to deepen its AI infrastructure with a key acquisition, and Bitcoin slid below $87,000 amid heavy liquidations. […]<\/p>\n","protected":false},"author":3947362395,"featured_media":64766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[38],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/64765"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362395"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=64765"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/64765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/64766"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=64765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=64765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=64765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}