China’s central bank governor has signalled that the door remains open for Ant Group’s stock market debut.
Ant, backed by billionaire founder of e-commerce giant Alibaba Jack Ma, was set to list its shares in November.
The iPhone 12 lineup has generated impressive sales for Apple (NASDAQ:AAPL), and the company is expected to raise production significantly in 2021 to meet the strong demand for its 5G-enabled offerings. That's not surprising, as Apple had a huge installed base of...
Low interest rates? Bored traders stuck at home? A new study has come up with an alternative explanation for the surge in speculative activity.
Smartphones.
A study circulated by the National Bureau of Economic Research found...
What happened
LexinFintech Holdings (NASDAQ:LX), a Chinese company that specializes in loan services targeted at the country's bourgeoning class of young professionals, rose by almost 9% on Monday. The catalyst was a business update indicating robust growth in the very...
Speculative trading in some high momentum stocks and options could be signaling a near-term top, but the bull market is likely to run on for some time, stoked by prospects of an improving economy and easy Fed money, investors said.
Parts of the market are in bubbles, but they are unlikely to take the overall market down with them when they pop, according to Goldman Sachs.
The Wall Street firm said exuberance around special purpose acquisition companies, as well...
From Brazil to Nigeria, people turn to Bitcoin for different reasons than most of their speculating counterparts in North America. Namely, because it’s the most advantageous way for them to conduct international transactions.
Such is the case with a...
A rebound in global market sentiment put new momentum behind the dollar decline on Monday, while riskier currencies strengthened, as optimism about U.S. President Joe Biden’s stimulus plans took precedence over the impact of COVID-19.
Market sentiment had turned...
Long-time bear David Tice has new warning for investors.
He expects stocks to fall at least 30% in a downturn that lasts two years. One of his major reasons: Business unfriendly policies from Washington.
“We now...
Kuaishou Technology, the operator of China’s most popular video service after ByteDance Ltd.’s Douyin, is seeking to raise as much as $5.4 billion in the world’s biggest internet initial public offering since Uber Technologies Inc.
The short video startup,...
