News

Shares of Li Auto Inc rose nearly 6% after delivering 11,034 Li ONEs in March 2022, increasing 125.2% YoY, according to a press release by Li Auto on Friday. The...

Japanese giant SoftBank is set to tone down its investments with the drop in tech stocks and the ongoing crackdown in China, according to a report on FT. Sources close...

The Securities and Exchange Commission (SEC) is considering imposing stricter disclosure rules on special purpose acquisition companies (SPACs), according to a WSJ report. The proposed rules will mandate SPACs to...

Pershing Square Capital Management’s Bill Ackman will no longer be short on activist investments, according to a report on Markets Insider. Ackman said he has “permanently retired” from engaging in...

Cryptocurrency wallet MetaMask has expanded its platform to allow cryptocurrency purchases through Apple Pay, the firm announced in a post on Twitter. MetaMask said that version 4.3.1 of its mobile...

Visa has officially unveiled its creator program first announced in October 2021 to enable artists to grow their ventures with NFTs, according to a report by The Block on Wednesday....

A recession in the United States’ economy is unlikely to enter a recession even as concerns about the yield curve and interest hikes are warranted, according to a Markets Insider...

Goldman Sachs is acquiring NextCapital, a robo-advisor that provides workplace pensions, expanding into steadier income streams, according to a report by FT on Tuesday. Chicago-based NextCapital directly provides retirement plans...

Inflows of cryptocurrency funds grew to a three-month high in the past week, according to data released by CoinShares. Weekly inflows for the last week hit $193 million, marking the...

UK lender Barclays projects up to £450 million in losses due to its structured products business in the United States, the company announced in a filing. Barclays said regulators are...

Major electric car maker Tesla Inc. has proposed to hike its shares to make way for a stock split through dividends, according to a Reuters report. The company’s board has...

Thailand’s biggest bank by market capitalization has become the latest bank to take advantage of the metaverse mania, according to a news release by SCB on Monday. SCB 10X Co.,...