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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.Read More...
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.Read More...
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.Read More...
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.Read More...
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.Read More...
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.Read More...
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