News

China's cities may see 'flying taxis' as soon as three years, aviation company Ehang predicts

Flying taxis will become a viable transportation method in China, according to a senior executive at Ehang, in another show of Chinese tech innovation.

China’s response to new U.S. tariffs will likely focus more on stimulus, building trade ties

China's reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, analysts said.

DeepSeek AI excitement spills over to Hong Kong's IPO market

Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.

Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump's tariffs

"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said.

Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge

The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax's first two days of trading after debuting on the New York Stock Exchange.

Tariffs will likely raise much less money than White House projects, economists say

White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.

Cliff Asness's AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions

The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades with $3 billion in assets under management, gained 9% in Q1.

RFK Jr. is a 'conspiracy theorist' endangering lives, say analysts at Howard Lutnick's former firm

"HHS cannot be led by an anti-vax, conspiracy theorist with inadequate training," said analysts at investment firm Cantor Fitzgerald.

'Peak' uncertainty: Evercore ISI predicts market turning point around Trump tariffs

Evercore ISI's Julian Emanuel recommends accumulating stocks right now.

‘Game over’ for ESG investing due to Trump backlash? Analysts say no

President Donald Trump and the GOP have expressed disdain for so-called ESG investments. Despite political headwinds, analysts say such funds are here to stay.

After 20 years at the helm, Klarna's CEO Sebastian Siemiatkowski is about to face his biggest test yet

Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast approaching.

In risky market, Wall Street wants to privatize more of your stock and bond money

From private credit to lower-volatility equity income strategies, big money firms are bringing more high-net-worth strategies to the masses.
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