To The Moon

On June 16, Alibaba (BABA) declined 3.16% overnight, trading at $109.11/share, with turnover of $61.25 million. The stock continues to face pressure from a confluence of negative factors that emerged...

EXCLUSIVE-Nvidia begins Vera CPU sales pitch to Chinese clients, sources sayNvidia sees Vera CPUs available as soon as August, sources sayNvidia tells Chinese clients they can place orders for Vera CPU push heats up rivalry with AMD and Intel

BRIEF-Baidu Inc Says Aware That U.S. Department Of Defense Included Co On Its CMC ListJune 9 - Baidu Inc 9888.HK:BECAME AWARE THAT U.S. DEPARTMENT OF DEFENSE HAS PUBLISHED A NOTICEDEPUTY SECRETARY OF DEFENSE HAS INCLUDED COMPANY ON DEPARTMENT OF DEFENSE'S LIST OF CHINESE MILITARY COMPANIESBELIEVES THAT THERE IS NO JUSTIFICATION FOR COMPANY'S INCLUSION ON SUCH LISTU.S. GOVERNMENT PROCUREMENT LIMITATIONS TIED TO LIST WILL NOT IMPACT BUSINESS OF COMPANYFurther company coverage: 9888.HK

MW S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record. Here's what investors need to know about Friday's selloff.The highflying semiconductor trade finally ran into trouble late this week. Stocks had a rough day, and a rough week.A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points - the biggest one day point drop on record, according to Dow Jones Market Data.That translated to a 4.2% decline for the index, the biggest in percentage-point terms since April 10, 2025, data showed. A 2.6% drop for the S&P 500 SPX on Friday was its worst since Oct. 10.Taken together, Friday's selloff wiped $1.8 trillion of market value from members of the S&P 500, according to Dow Jones Market Data.The tumult wasn't confined to stocks; prices of bonds and crude oil also fell. The 10-year Treasury note yield BX:TMUBMUSD10Y rose 4 basis points - 0.04 percentage poi

The pre-IPO landscape for the space sector has taken a dramatic turn. After riding a massive wave of hype surrounding SpaceX’s upcoming debut ( $Space Exploration Technologies Corp(SPCX)$ ), space stocks and ETFs have recently faced a sharp correction. This pullback provides an excellent case study on sector rotation, liquidity mechanics, and how to spot structural value once the speculative froth clears. The Pre-IPO Pullback: Sentiment Shift & Market Dynamics The recent decline in space stocks wasn't a sudden failure of industry fundamentals; it was primarily driven by two classic market dynamics: valuation recalibration and a liquidity drain. 1. The Short-to-Medium Term Outlook: Bears Take the Wheel In the immediate run-up to and aftermath o

UPDATE 2-SpaceX sets $135 price for blockbuster IPO, upending Wall Street conventionUpdates with comments in paragraphs 14 and 17SpaceX sets IPO price a week early, breaking with Wall Street normsIPO aims to raise $75 billion, valuing SpaceX at $1.75 trillionAnalysts and investors note high valuation multiples By Echo Wang and Milana Vinn. The road show is where companies and their bankers typically sound out investors in order to arrive at a price range for their share sale. The process emphasizes bankers’ relationships wi

1. Market OverviewThe Hang Seng Index down 1.45% to 24,961.17, sliding back below the psychologically important 25,000 mark. The China Enterprises Index lost 1.25% to 8,357.62, while the Hang Seng...

On the evening of May 25th, a netizen asked Duan Yongping: "What do you think of Wang Ning? Is he like Steve Jobs, both a timekeeper and a clockmaker?" Duan Yongping responded today: "I think Wang...

Today, the China Securities Regulatory Commission (CSRC), together with eight other authorities, issued a notice further clarifying regulatory requirements for cross-border securities, futures and...