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Lawrence Summers: I look forward to conducting research, analysis, and commentary on a range of global economic issues in the future.
Lawrence Summers: I look forward to conducting research, analysis, and commentary on a range of global economic issues in the future.
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Thrive Capital invests in OpenAI at a $285 billion valuation
According to The Wall Street Journal, people familiar with the matter revealed that Josh Kushner’s Thrive Capital recently invested in OpenAI at a valuation of $285 billion—roughly one-third of the va
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Peskov confirms possibility of a meeting between Russian and Ukrainian leaders, but says conditions must be met
On the 25th local time, Russian Presidential Press Secretary Peskov commented on the prospects for a meeting between the Russian and Ukrainian leaders in an interview excerpt released that day. Peskov
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U.S. Vice President: Diplomacy Is the "Ideal Option" for Ending the Russia-Ukraine Conflict
On February 25 local time, U.S. Vice President Vance stated that diplomacy is the “ideal option” for ending the Russia-Ukraine conflict. Vance said, “The best way to resolve the issue is to continue e
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The UnitedHealth Group Board of Directors has approved a quarterly dividend of $2.21.
The UnitedHealth Group Board of Directors has approved a quarterly dividend of $2.21.
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Federal Reserve Schmidt: The size of the balance sheet at Federal Reserve is not expected to return to pre-financial crisis levels
Federal Reserve Schmid: It is expected that Federal Reserve the size of the balance sheet will never return to pre-financial crisis levels. Federal Reserve The system features multiple layers of indep
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U.S. Senator Cantwell urged the U.S. House of Representatives to hold another vote on the aviation security bill.
U.S. Senator Cantwell urged the U.S. House of Representatives to hold another vote on the aviation security bill.
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Anthropic: Acquires Vercept to advance Claude's capabilities in computer usage. Vercept will discontinue its public-facing products in the coming weeks and join Anthropic to jointly drive cutting-edge advancements in computer applications.
Anthropic: Acquires Vercept to advance Claude's capabilities in computer usage. Vercept will discontinue its public-facing products in the coming weeks and join Anthropic to jointly drive cutting-edge
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Federal Reserve Schmidt: Paper checks are expected to disappear.
Federal Reserve Schmidt: Paper checks are expected to disappear.
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Federal Reserve Schmidt: The payment system is set to undergo significant changes.
Federal Reserve Schmidt: The payment system is set to undergo significant changes.
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Federal Reserve Schmidt: Maintaining price stability helps narrow the wealth gap.
Federal Reserve Schmidt: Maintaining price stability helps narrow the wealth gap.
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According to the Danish News Agency, Iceland’s prime minister stated at a press conference in Poland that Iceland will hold a referendum on EU membership in the coming months.
According to the Danish News Agency, Iceland’s prime minister stated at a press conference in Poland that Iceland will hold a referendum on EU membership in the coming months.
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U.S. Vice President Vance: U.S. "Hopesful" About New Round of Indirect U.S.-Iran Talks, but Does Not Rule Out Military Action
U.S. Vice President Vance said on February 25 local time that the United States is “hopeful” about the new round of indirect U.S.-Iran talks to be held in Geneva, Switzerland, on the 26th, and hopes t
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Federal Reserve Schmidt: I expect there will be a lot of discussion about Federal Reserve's dual role.
Federal Reserve Schmidt: I expect there will be a lot of discussion about Federal Reserve's dual role.
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Federal Reserve Schmidt: The only thing Federal Reserves can do is curb inflation.
Federal Reserve Schmidt: The only thing Federal Reserves can do is curb inflation.
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Dmitry Peskov, the Russian president’s press secretary, said that at this stage, it would be meaningful to hold a trilateral meeting between Russia, the United States, and Ukraine at the presidential level to “finalize an agreement.” (CGTN)
Dmitry Peskov, the Russian president’s press secretary, said that at this stage, it would be meaningful to hold a trilateral meeting between Russia, the United States, and Ukraine at the presidential
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Federal Reserve Schmidt: Federal Reserve's response to market turbulence will depend on its cause.
Federal Reserve Schmidt: Federal Reserve's response to market turbulence will depend on its cause.
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Federal Reserve Schmidt: Federal Reserve: Keep an eye on the market, but don’t worry too much.
Federal Reserve Schmidt: Federal Reserve: Keep an eye on the market, but don’t worry too much.
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Federal Reserve Schmidt: The job market is looking pretty good.
Federal Reserve Schmidt: The job market is looking pretty good.
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Federal Reserve Schmidt: We still have work to do in fulfilling our inflation mandate at Federal Reserve.
Federal Reserve Schmidt: We still have work to do in fulfilling our inflation mandate at Federal Reserve.
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Vance: U.S. "Hopesful" About New Round of Indirect U.S.-Iran Talks, but Does Not Rule Out Military Action
On February 25 local time, U.S. Vice President Vance stated that the United States is “hopeful” about the new round of indirect U.S.-Iran talks scheduled for the 26th in Geneva, Switzerland, and hopes
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U.S. Eases Restrictions on Fuel Resales to Cuba
Donald Trump The government is easing some restrictions on fuel shipments to Cuba, allowing private businesses to resell Venezuelan oil to Cuba. New guidance released by the U.S. Treasury Department o
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Federal Reserve Schmidt: Federal Reserve The scale of Treasury bill purchases made for reserve management purposes is relatively small.
Federal Reserve Schmidt: Federal Reserve. The scale of Treasury bill purchases for reserve management purposes is relatively small.
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Court documents show that some plaintiffs in the glyphosate lawsuits are seeking to delay preliminary approval of Bayer’s proposed $7.25 billion settlement.
Court documents show that some plaintiffs in the glyphosate lawsuits are seeking to delay preliminary approval of Bayer’s proposed $7.25 billion settlement.
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The day after Alibaba announced an HKD 80 billion placement fully dedicated to AI, Joe Tsai and Eddie Wu collectively increased their stock holdings by HKD 120 million.
Alibaba Group Chairman Joe Tsai and CEO Eddie Wu, on the day after the company announced a new share placement plan of HKD 80 billion, collectively increased their personal holdings of Alibaba shares
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The Hang Seng Index fell 1.51% during the day, now at 25,616.88.
The Hang Seng Index fell 1.51% during the day, now at 25,616.88.
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Alibaba fell 4.72% today, now trading at $122.820
Alibaba fell 4.72% today, now trading at $122.820
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POET Technologies (POET) receives an initial $50M Lumilens purchase order with $500M+ framework potential, leading 24/7 Wall St. to set a $21.14 BUY target, implying 124.89% upside.
The AI optical computing stock's Q2 FY26 revenue was $569,925, up 112.29% year-over-year but missing expectations by 17.58%. The company closed the quarter with approximately $796 million in cash and
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WuXi AppTec's stock price surged 100% to an all-time high, as investors bet on its continued core position in the global drug supply chain.
WuXi AppTec's stock price hit a record high last week, doubling its January level, despite the U.S. Pentagon listing it as a Chinese military company, which could lead some American clients to withdra
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Lenovo Group Ltd. shares surged 19% after its quarterly revenue jumped 43%, widely beating analyst estimates and renewing optimism around AI-driven demand.
Lenovo Group Ltd. shares surged 19% after its quarterly revenue jumped 43%, widely beating analyst estimates and renewing optimism around AI-driven demand.
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HSBC shares surge to record high, with investors keenly awaiting earnings report for clues on capital returns and buybacks
The Asia-focused lender's stock rally to a record has set a high bar for its upcoming earnings. Investors are particularly focused on the results to see if they can sustain the rally, looking for deta
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SkyWest (SKYW) Executives Sold Stock for Three Consecutive Days, with Operations VP Greg Wooley Selling 17,726 Shares at $108.55 Each
SkyWest, Inc. (NASDAQ:SKYW) executives have sold company stock for three consecutive days, with Executive VP of Operations Greg Wooley selling 17,726 shares of common stock on July 30 at a weighted av
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Southern Fund's Double-Leveraged Hynix ETF rose more than 14%, and its Double-Leveraged Samsung Electronics ETF rose more than 11%
Svmuu News: According to data from MSX.COM, the Southern Double Long Hynix (07709.HK) rose more than 14%, and the Southern Double Long Samsung Electronics (07747.HK) rose more than 11%.
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Data: Foreign capital outflows from the South Korean stock market have exceeded $100 billion since 2026
Svmuu News: Since early 2026, foreign investors have withdrawn a cumulative total of more than $100 billion from the South Korean stock market. (Coin Bureau)
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The lock-up period for Zhipu’s cornerstone shares is nearing its end, and nearly 70% of the cornerstone shares set to be released have received commitments from institutional investors to continue holding them.
Svmuu News, July 7: As the lock-up period for cornerstone investors in Hong Kong-listed Zhipu nears its end, several institutional investors have explicitly stated that they remain optimistic about th
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Foreign investors sold off approximately $1.493 billion worth of stocks on the South Korean market again today, with retail investors stepping in to buy.
Svmuu News: Although South Korean stock indices fell sharply again today, retail investor funds in South Korea continued to show a net inflow, with net purchases totaling 2.3179 trillion won (approxim
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Stock markets in Japan and South Korea opened higher but closed lower
Svmuu News: The Nikkei 225 closed down 6.38 points, or 0.01%, at 69,737.69 on Monday, July 6; South Korea’s KOSPI index closed down 37.01 points, or 0.46%, at 8,051.33 on Monday, July 6, after gaining
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JPMorgan Chase We maintain our “Overweight” rating on Tencent; WeChat AI Agent reduces the risk premium
Svmuu News: JPMorgan Chase released a report stating that the uncertainties surrounding Tencent’s (00700.HK) WeChat AI Agent lie in whether it can truly integrate into the WeChat platform, the extent
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Barclays Raises Micron's Tech Price Target to $2,000
Svmuu News: Barclays raised its price target for Micron Technology (MU.O) from $1,175 to $2,000.
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Hitting a record low, STRC’s pre-market price touched $73
Svmuu News: STRC hit $73 in pre-market trading, setting a new all-time low; SATA traded at $83.5, its lowest level since February. Strive continues to pay daily dividends amid this bear market.
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Micron Tech CEO: Capital expenditures are expected to be approximately $10 billion in the fourth fiscal quarter and approximately $27 billion for the full year 2026
Svmuu News Micron: Tech (MU.O) CEO: Capital expenditures for the fourth fiscal quarter are expected to be approximately $10 billion, and full-year capital expenditures for fiscal year 2026 are expecte
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VistaShares: Micron Gross margin guidance nears 81%, a significant increase from 37% a year ago
Svmuu News: VistaShares posted on X that Micron, which is set to report its earnings on June 24, has achieved triple-digit revenue growth for several consecutive quarters.VistaShares noted that the ke
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Wedbush raises its price target for Micron to $1,300
Svmuu News: Wedbush has raised its price target for Micron Technology (MU.O) from $550 to $1,300. (Jin Shi)
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Gate has expanded its Hong Kong stock offerings to more than 1,500 securities and continues to enhance its global equity asset coverage system
Svmuu News: Gate has further expanded its Hong Kong stock trading offerings to over 1,500 securities, continuing to broaden its coverage of assets listed on the Hong Kong Stock Exchange beyond the ori
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Deutsche Bank raised its price target for Micron to $1,500
Svmuu News: According to market reports, Deutsche Bank has raised its target price for Micron from $1,000 to $1,500. (Jin Shi)
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The U.S. space sector is gaining momentum, with KULR Technology up 11%
Svmuu News: According to data from MSX.COM, the U.S. space sector is gaining momentum, with KULR Technology up 11%, Rocket Lab up 6.88%, and Boeing (BA.N) up 4%. SpaceX rose more than 6%, following a
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U.S. stocks in the memory chip and optical communications sectors rose across the board, with Micron. surging more than 7%
Svmuu News: According to data from MSX.COM, U.S. stocks in the memory chip and optical communications sectors rose across the board, with Seagate Technology and Western Digital up more than 9%, Micron
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Morgan Stanley: Capital May Shift Away from Tech Stocks, Suggesting a Shift in the Structure of the U.S. Stock Market Rally
Svmuu News: Morgan Stanley stated that the decline in oil prices will ease inflationary pressures and drive capital from highly valued tech stocks toward undervalued cyclical sectors, with U.S. stocks
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