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There was positive coverage from the likes of Bloomberg and The Wall Street Journal yet the representative Chinese ETFs headed south instead. I highlight the contradictions in leaders' statements and their actions, explaining why investors need to look beyond the obvious rhetoric when...
Chinese fintech stocks dominate the financial stocks making the biggest declines this week after China warned about online brokerages who accept mainland China customers but aren't registered to operate in the country. U.S. credit card issuer Alliance Data Systems (NYSE:ADS) also makes an app...
Gainers: Cadence Bancorp (NYSE:CADE) +43%. Retail Value (NYSE:RVI) +22%. Greenidge Generation Holdings (NASDAQ:GREE) +21%. Decarbonization Plus Acquisition (NASDAQ:DCRCU) +14%. LendingTree (NASDAQ:TREE) +14%. Losers: Kemper (NYSE:KMPR) -10%. UP Fintech Holding (NASDAQ:TIGR) -10%. MoneyGram In...
Shares of two big Chinese online brokerages fell sharply today after more bad regulatory news for the industry. Shares of Futu Holdings Ltd (NASDAQ: FUTU) traded nearly 16% down as of 1:55 p.m. EDT, while shares of Up Fintech Holding Ltd (NASDAQ: TIGR) were down nearly 18%. ...
Rafael Holdings (NYSE:RFL) -76% after devimistat fails main goal in late-stage adenocarcinoma trial. Siyata Mobile (NASDAQ:SYTA) -22%. Futu Holdings (NASDAQ:FUTU) -20% after China warns on unlicensed online brokerages. UP Fintech Holding (NASDAQ:TIGR) -18% after ...
Brokerage company Futu Holdings (FUTU) reported impressive second-quarter financials. However, the company is expected to face regulatory headwinds. So, let’s evaluate if it is wise to buy the dip in the stock now. Read on Online brokerage firm Futu Holdings Limited ( FUTU ), ...
China announced a plethora of macro data last week where all but retail sales missed expectations. News on the populous country continued to spell doom and gloom. Investors are sitting up and realizing 'the bark is worse than the bite' on China matters. The correction in the narra...
Amid concerns over his safety and well-being, Jack Ma, the founder of Alibaba Group, was spotted in Hong Kong. The Chinese President clarified the goal of his "common prosperity" drive is not "uniform egalitarianism" and explained how China will get there. Beijing has plenty ...
Digital credit servicers Upstart Holdings (NASDAQ:UPST) and SoFi Technologies (NASDAQ:SOFI) are among the top five gainers in the financial sector. Both companies generated double-digit percentage total return in the past week, M/M and YTD. Cryptocurrency miners Marathon Digital Holdings (NAS...
Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. The S&P 500 wrapped up its best week since July, closing at its highest level in a month, as a series of upside earnings reports from Wal...
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