SEC Becoming More Anti-Crypto, ETF’s Uncertain $BTC
The future of U.S. crypto legislation is uncertain, as Senator Sherrod Brown, the chairman of the Senate Banking Committee, has expressed skepticism of the industry. Brown has said that he…
S&P 500 could plunge 25% $AAPL $TSLA $MSFT $AMZN
Morgan Stanley's Mike Wilson warns that the S&P 500 is priced for perfection and could plunge 25% if problems crop up. Wilson, Morgan Stanley's chief investment officer and chief US…
Banks Talk Up IPOs $ARM
Wall Street investment bankers are optimistic about the prospects for dealmaking, citing a recent uptick in initial public offerings (IPOs) as a sign of a broader recovery. Goldman Sachs CEO…
China Economic Growth Continues $BABA $JD $QQQ
The property market recently warmed in first-tier cities such as Beijing and Shanghai. In August, consumer inflation returned to positive territory on a year-on-year basis. The producer price index also…
China Smashes US War Hopes in Taiwan with Business
China will make Fujian Province a demonstration zone for the integrated development across the Taiwan Strait, according to a circular released on Tuesday. The circular, jointly issued by the Communist…
Tesla’s AI Supercomputer Could Drive Valuation Above $1.2 Trillion $TSLA
Tesla's shares surged after a Wall Street bank predicted that the electric car company's value could rise above $1.2 trillion thanks to investments in an artificial intelligence (AI) supercomputer. Morgan…
The Rise of China’s Yuan
China's outstanding yuan-denominated loans expanded sharply in August, in a new sign of sustained economic momentum after the government rolled out a slew of pro-growth measures. The outstanding yuan loans…
EU Antitrust Regulators Seek More Clarity on Amazon-iRobot Deal
European Union antitrust regulators have halted their investigation into Amazon's $1.7 billion acquisition of robot vacuum cleaner maker iRobot, pending the provision of additional information by the companies. The European…
Alibaba’s Former CEO, Daniel Zhang, Steps Down $BABA
Daniel Zhang, the former CEO of Alibaba Group Holding Ltd., has stepped down from his role as chairman of the company's cloud computing unit, Alibaba Cloud Intelligence. The move comes…
Laurence Graff The Legend
Laurence Graff is a British-South African jewellery designer and businessman. He is the founder and chairman of Graff Diamonds, a luxury jewellery brand that is known for its high-quality diamonds…
