Finance
Nasdaq-traded Chinese herb company hits near $30 billion market value after speculative surge
Key Points Shares of Regencell Bioscience, a Hong Kong-based developer of traditional Chinese herbal treatments that it says can treat childhood ADHD and autism, more than tripled Monday. The stock soared more than 280% after a 38-for-1 stock split. The company, which has no revenue, is up roughly 46,000% in 2025. On Monday, one social […]
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Citadel’s Ken Griffin says playing defense almost always guarantees losses even in turbulent times
Billionaire Ken Griffin , founder and CEO of Citadel, said playing defense is not the best strategy during times of turmoil and volatility, and it almost always backfires on investors. “In finance, when you’re playing defense, you’re almost certainly losing,” Griffin said to Citadel’s new class of summer interns Thursday evening. “There’s no other way […]
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Stocks making the biggest moves midday: Meta Platforms, AMD, Cisco, Roku, MGM Resorts and more
Here are some of the stocks making the biggest moves in midday trading Monday. Meta Platforms – Shares of the social media giant jumped 2% after Meta said it would bring advertising to WhatsApp . The company will also start monetizing WhatsApp’s Channels feature through search ads and subscriptions. MGM Resorts – The casino operator’s […]
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Stocks making the biggest moves premarket: U.S. Steel, Roku, Celsius, Sarepta Therapeutics and more
Check out the companies making headlines before the opening bell on Wall Street. U.S. Steel — U.S. Steel shares jumped 5%s after President Donald Trump issued an executive order on Friday approving its merger with Japan’s Nippon Steel. The companies also signed a national security agreement that includes a golden share for the U.S government. Although […]
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China May retail sales grow at fastest pace since December 2023; industrial output misses expectations
Key Points Retail sales jumped 6.4% from a year earlier in May, sharply beating analysts’ estimates for a 5% growth in a Reuters poll and accelerating from the 5.1% growth in the previous month. Growth in industrial output slowed to 5.8% year-on-year in May, slightly weaker than analysts’ expectations for a 5.9% rise. The urban […]
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Why aren’t Chinese consumers spending enough
Key Points China’s consumer spending shows little sign of picking up soon. Analysts point to one main factor: stagnant income. Chinese consumers are also turning to lower-priced products, or moving away from big cities to places where the cost of living is lower. Source
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New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up
ETF Edge New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up Published Sun, Jun 15 202510:14 AM EDTUpdated 13 Min Ago Jason Gewirtz@jasongewirtz WATCH LIVE Source
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Israel-Iran attacks and the 2 other things that drove the stock market this week
What was shaping up to be a relatively calm week quickly got volatile on Friday, following Israel’s overnight strike on Iran. Here is a closer look at the three biggest themes that defined the market this week. 1. Geopolitics: The attack on Iranian nuclear infrastructure rippled through financial markets on Friday. U.S. stocks sold off […]
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Power play: Two money managers bet big on uranium, predict long shelf life for gains
ETF Edge Power play: Two money managers bet big on uranium, predict long shelf life for gains Published Sat, Jun 14 202511:00 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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