Analysts see Bitcoin at $100,000 soon
May 8, 2025
UFC, Miss Universe Owner Files For IPO. Wants Elon Musk As Board Member
Endeavor Group Holdings has filed for an initial public offering with Elon Musk eyed to join its board, according to the company's filing. The entertainment group listed the offering size...
Read moreFamily Offices Take Off. Largest Firms Account For $142 Billion In 2020 – UBS Report
Family offices have been gaining traction with some 121 of these representing an estimated net worth of $142.4 billion last year, according to the WSJ. A report by UBS Securities...
Read moreTrump Ban On Temporary Foreign Workers To End Under Biden Leadership
U.S. President Joe Biden is expected to let his predecessor's ban on temporary foreign workers lapse on Wednesday, according to Reuters. Former President Donald Trump banned temporary foreign workers in...
Read moreReview Of Amazon Union Votes Start Tuesday
The U.S. National Labor Relations Board will start reviewing votes on whether to form a union at Amazon.com Inc.'s Alabama center on Tuesday, according to Reuters. An agent said the...
Read moreInstagram for Kids to Bring Big Payday to Facebook
Facebook's planned Instagram-like application for children under 13 could bring about handsome payouts from an improved ad-targeting ability, according to a report by The Wall Street Journal. Facebook recently confirmed...
Read moreUBS Bullish On Clean Energy, Sees Global Investments at $140 Trillion by 2050
UBS estimates around $140 trillion in investments on decarbonizing the world's energy supply by 2050, according to CNBC. UBS notes that at least 55% of the world's energy consumption should...
Read moreCiti Sets $56 Price Target for GSX in Buy Rating after Friday’s Sell-offs
Citi analyst Mark Li upgraded GSX Techedu to ‘buy’ from ‘sell’ with a price target of $56, down from $66, according to The Fly. The upgrade follows a 42% share...
Read moreNomura, Credit Suisse Plunge on Archegos Fallout
Nomura Holdings Inc. and Credit Suisse Group AG posted double-digit drops on Monday due to exposure to wrong-way bets by Archegos Capital Management, according to Bloomberg. Nomura shares tumbled by...
Read moreSoFi Gives Amateur Investors Early Access to IPOs
Online finance start-up SoFi is allowing amateur investors to buy into companies as they go public, according to CNBC. SoFi will act as underwriter in the deals. It will allow...
Read moreChina’s Dual-Listed Tech Firms Lose $60 Billion in Market Cap
Chinese firms listed in the United States lost about $60 billion in three days due to the threat of potential de-listings from American stock exchanges, according to CNBC. As of...
Read moreDislodging Ever Given From Suez Canal Likely To Take Longer Than Expected
Dislodging the Ever Given from the Suez Canal will take at least a week, effectively delaying supply chains and increasing costs, according to Bloomberg. The 200,000-ton Ever Given will require...
Read moreGet To Know The Giant Ship Blocking The Suez Canal
A 224,000-ton boat has blocked the Suez Canal in Egypt and halted one of the world's busiest maritime trade routes with $9.6 billion of average daily cargo value, Bloomberg reports....
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