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China-Focused ETFs Have Become 'Political Footballs' In US As Investor Apprehension Leads To Large Scale Shutdown
Monday, May 13, 2024 - 3:42am | 760The year 2024 has reportedly seen a record number of U.S.-listed China-focused exchange-traded funds (ETFs) closing down, marking an all-time high since the inception of these funds. This trend reflects growing investor concerns about the world’s second-largest economy. What Happened:...
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Nvidia Investments Shower Retail Investors With Massive Returns Despite Few Cloudy Days: Report
Thursday, April 25, 2024 - 9:08am | 589Investments in Nvidia Corp. (NASDAQ:NVDA) have yielded substantial returns for retail investors. What Happened: Retail investors have seen their investments in Nvidia grow exponentially, Business Insider reported based on the review of brokerage and account statements. Tom, an Nvidia investor from...
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PM Fumio Kishida Urges US Tech Giants To Invest In Japan: 'I'm Strongly Promoting Policies Toward The Next Economic Stage'
Wednesday, April 10, 2024 - 5:24am | 859In a strategic move to strengthen economic ties, Japanese Prime Minister Fumio Kishida has reached out to American business leaders, advocating for an uptick in technology investments within Japan. What Happened: Kishida has made a pitch to American executives for greater investment in Japan’...
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Cannabis Investment Wave Hits: Who's Leading The Charge?
Monday, March 18, 2024 - 9:21am | 564Amid sweeping regulatory reforms and a shift in public sentiment, the cannabis market is experiencing a powerful influx of investor interest. KCSA Strategic Communications is at the heart of this transformation, facilitating vital connections between emerging cannabis enterprises and the broader...
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Investor Who Made 1,900% Gain In Japan Calls For Change, And Tokyo Is Listening
Wednesday, March 13, 2024 - 8:23am | 622Stephen Butt’s company, Silchester International Investors, a traditionally silent long-term investor for almost 30 years, is now becoming increasingly outspoken about its demand for reform in Japan’s financial sector. What Happened: Silchester, managing over $40 billion, is pushing...
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Mark Cuban Makes 'Geek To Geek' Offer Of $75K On Shark Tank: 'I Want You To Myself'
Tuesday, February 27, 2024 - 1:43am | 574In a recent episode of ABC’s “Shark Tank,” Mark Cuban found a kindred spirit in a young entrepreneur and made a significant investment. What Happened: On Friday’s episode of “Shark Tank,” Justin Huang presented his product, Cup-a-Bug, to the investor judges. The...
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Jim Cramer Dismisses Bearish Market 'Scares' After Wednesday's Rebound: 'No Need To Pretend That The Sky Is Falling'
Wednesday, February 14, 2024 - 9:29pm | 719Jim Cramer, the host of CNBC’s “Mad Money,” has urged investors not to be alarmed by the recent market fluctuations, dismissing five bearish signals as part of the normal market cycle. What Happened: Cramer, in his Wednesday show, highlighted that the market has experienced...
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SoftBank Finally Wipes Out $14B WeWork Losses As It Posts $6.6B Profit Riding On Tech Rebound And T-Mobile Shares
Thursday, February 8, 2024 - 7:50am | 548In a recent turn of events, SoftBank Group Corp (OTC:SFTBY) declared its entire investment in WeWork as a loss. This announcement comes despite SoftBank’s first profitable quarter in five. What Happened: SoftBank decided to write off the entire investment in WeWork to zero in the fourth...
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China's Star Fund Manager Wang Yawei 'Not Involved' In His Own Firm, Says Company
Monday, February 5, 2024 - 2:43am | 678Qianhe Capital Management Co., the asset management firm founded by Wang Yawei, a prominent fund manager in China, has made a surprising announcement. The company stated that Wang is currently not involved in its operations, citing personal reasons for his absence. What Happened: Qianhe Capital...
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Sony Bets Big On Africa's $1 Billion Gaming Industry With Carry1st Partnership
Monday, January 29, 2024 - 8:54am | 711Sony Group Corporation (NYSE:SONY) is expanding its gaming footprint by investing in an African gaming startup, Carry1st. What Happened: Sony, the maker of the popular PlayStation gaming console, has made an undisclosed investment in Carry1st, a gaming studio based in Cape Town, South Africa,...
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Why This High-Performing Fund Is Betting On Tencent Amid China's Regulatory Storm
Friday, January 12, 2024 - 5:19am | 577In the face of continued industry restrictions in China, a high-performing fund has decided to reintroduce Tencent Holdings Ltd. (OTC:TCEHY) to its portfolio based on the company’s appealing valuation. What Happened: The Federated Hermes Asia Ex-Japan Equity Fund, which has outperformed 83%...
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Shark Tank's Kevin O'Leary Is 'Very, Very Bullish' About American Economy As Christmas Season Begins: 'Rudolph The Reindeer Has Arrived Into All Equity Stocks
Saturday, December 23, 2023 - 1:28am | 519Shark Tank's Mr. Wonderful Kevin O'Leary sounded an optimistic note heading into the holiday season amid an exciting earnings season. What Happened: O'Leary expressed his positive outlook on the U.S. economy in an interaction with Fox Business' Larry Kudlow. The discussion revolved around the...
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'Shark Tank' Star Kevin O'Leary's Stock Advice: Don't Wait For Fed To Lower Rates, Go Long Now
Tuesday, December 19, 2023 - 7:18am | 569Kevin O’Leary, famed investor and “Shark Tank” host, counsels investors to immediately invest in stocks instead of waiting for a decrease in interest rates. He cautions that attempting to time the market could result in missing out on substantial returns. What Happened: As...
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Investment Chief At $48B Global X Forecasts AI Stock Dominance In 2024: Unveils Top Investment Opportunities
Sunday, December 17, 2023 - 11:14pm | 690Global X’s investment chief, Jon Maier, reflects on the investment landscape for 2024, which is shaping up to be particularly interesting, thanks to AI-related stocks, cloud computing, cybersecurity, emerging markets, and small caps for potential growth. What Happened: Maier, who is...
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If You Invested In Polkadot In November, It Would Have Generated 43% Higher Returns
Thursday, December 14, 2023 - 6:33pm | 804An open-source sharded multichain protocol, Polkadot connects and secures a network of specialized blockchains. It facilitates cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable. Let's take a look at the token's performance,...