Why China’s top money managers believe the AI bubble is about to pop
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global
Economy
Business
Binance to Cut Off EU Users From July 1 After Failing to…
Binance told customers across several European Union countries it will suspend services from July 1 after failing to secure a Markets in Crypto-Assets
Latest News
Veteran analyst seriously resets Nike stock target amid key issues
Nike (NKE) has spent nearly two years trying to convince investors that it’s on track to deliver a turnaround in its business. However,
Economy
From SpaceX to Apple: how the tech-led AI rally suffered many blows this week and why
A bruising week for technology stocks has raised fresh questions about whether the artificial intelligence-fuelled market rally is becoming too volatile for comfort.
Business
Thailand Issues Arrest Warrant In $28M Illegal Crypto…
Thailand’s Department of Special Investigation has issued an arrest warrant for Chinese businessman Wang Yicheng, alleging he helped run a network that laundered
Latest News
105-year-old burger chain closes one of its oldest restaurants
A longtime fast-food burger chain is preparing to close one of its oldest restaurants. Its distinctive blue-and-white exterior and signature structure will soon
Economy
Apple stock falls as memory shortage forces company to hike Mac and iPad prices
Apple shares fell nearly 5% on Wednesday after the company raised prices of several Mac and iPad models, becoming one of the latest
Business
Could Oil Futures Trade 24/7 Like Bitcoin? CFTC Opens…
The Commodity Futures Trading Commission has opened a public consultation on whether standard energy futures should trade 24 hours a day, seven days
Latest News
Why Costco keeps beating every rival at its own game
Costco gets a lot of attention for its $1.50 hot dog and soda combination meal and its $4.99 rotisserie chicken, but that’s not
Economy
Wendy’s shares surge on short-squeeze hopes: Is this the next meme stock?
Wendy’s shares WEN surged more than 30% in early trading on Wednesday as retail investors piled into the fast-food chain, overshadowing the company’s