Trade tensions aren’t stopping Chinese companies from pushing into the U.S.

Trade tensions aren’t stopping Chinese companies from pushing into the U.S.


Key Points
  • Shenzhen-based camera company Insta360 went public Wednesday on Shanghai’s tech-heavy STAR Market in the board’s largest raise to date.
  • The company counts the U.S. as one of its biggest markets, contributing roughly the same amount of revenue as mainland China and Europe.
  • It’s a sign of how China-based companies are still eager to expand globally despite geopolitical tensions.



Source

Vatican Bank makes first foray into equity indexes, setting stage for potential ETF launches
Finance

Vatican Bank makes first foray into equity indexes, setting stage for potential ETF launches

Key Points The Vatican Bank launched on Tuesday two equity indexes tracking stocks that it said are consistent with Catholic ethical principles. Its Eurozone fund includes semiconductor supplier ASML Holding and telecommunications company Deutsche Telekom, while the US-based index holds Meta and Amazon, among other stocks.   The debut sets up the possibility of licensing […]

Read More
Bitcoin plunge: Bitwise CIO cites ‘the four-year cycle’ as No. 1 reason for losses
Finance

Bitcoin plunge: Bitwise CIO cites ‘the four-year cycle’ as No. 1 reason for losses

ETF Edge Bitcoin plunge: Bitwise CIO cites ‘the four-year cycle’ as No. 1 reason for losses Published Tue, Feb 10 20262:58 PM ESTUpdated 6 Min Ago Blair Bao WATCH LIVE Source

Read More
Stocks making the biggest moves midday: Ferrari, Incyte, S&P Global, Datadog, BP and more
Finance

Stocks making the biggest moves midday: Ferrari, Incyte, S&P Global, Datadog, BP and more

Check out some of the companies making the biggest moves midday: Amentum Holdings — The defense contractor tumbled about 12% after fiscal first-quarter revenue and adjusted EBITDA missed Wall Street analysts’ consensus estimates, according to FactSet data. BP Plc — The British oil major suspended its buyback program , deciding to use the cash instead […]

Read More