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Finance

Goldman cuts HK stocks in favor of mainland China AI hardware plays
  • Finance

Macquarie says now is best time to buy Chinese AI chip stocks. Here’s its favorite

7 Globe News3 months ago3 months ago03 mins

China has worked for years to build its own semiconductors, but Macquarie thinks now is the time to buy. “We believe the best time to invest in China’s AI chip players has arrived, given the development of AI, domestic large language model (LLM) players and the token economy in China,” Macquarie’s China Information Technology analysts…

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Prediction markets will grow to $1 trillion by 2030, Bernstein says
  • Finance

2026 FIFA World Cup boosts prediction market volumes

7 Globe News3 months ago3 months ago03 mins

In this photo illustration, Apps for online prediction market sites are shown on an electronic device on Feb. 25, 2026 in Chicago, Illinois. Scott Olson | Getty Images The 2026 FIFA World Cup was forecast to be the biggest gambling event in history. For prediction market platforms, that’s led to soaring trading volumes in June. …

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The Museum of American Finance opens its doors in Boston
  • Finance

The Museum of American Finance opens its doors in Boston

7 Globe News3 months ago3 months ago06 mins

Rendering of the Museum of American Finance’s new home on Commonwealth Pier in the Boston Seaport. Courtesy: Museum of American Finance Nearly a decade after leaving its former home, the Museum of American Finance is welcoming the public to its new headquarters – and just in time for the country’s 250th anniversary. The 5,400-square-foot museum…

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Citadel's hedge funds post broad first-half gains
  • Finance

Citadel’s hedge funds post broad first-half gains

7 Globe News3 months ago3 months ago02 mins

CEO of Citadel Ken Griffin is interviewed Chairman of the Milken Institute Michael Milken (not pictured) during the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 7, 2025. Mike Blake | Reuters Ken Griffin’s Citadel posted positive returns across its various hedge fund strategies in the first half of 2026, led by…

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Stocks making the biggest moves premarket: PLTR, PYPL, INTC, BUD
  • Finance

Stocks making the biggest moves premarket: SNDK, HOOD, PLTR

7 Globe News3 months ago3 months ago02 mins

Check out the companies making the biggest moves premarket: Alphabet — The parent company of Google was lower by 1% after the subsidiary lost a European antitrust case , where a court upheld Google’s fine of 4.1 billion euros ($4.67 billion). The fine comes from a 2018 decision by the European Commission to punish Google…

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SpaceX as ultimate blueprint for new wave of mega-cap IPOs
  • Finance

SpaceX as ultimate blueprint for new wave of mega-cap IPOs

7 Globe News3 months ago3 months ago02 mins

SpaceX may put other mega-cap IPOs on the fast track. According to Kathmere Capital Management’s chief investment officer, it could emerge as the ultimate blueprint for Silicon Valley — especially when it comes to the expected Anthropic and OpenAI public debuts. “It would not surprise me at all to see a similar dynamic play out…

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Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals
  • Finance

Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals

7 Globe News3 months ago3 months ago02 mins

Zeroth W1, produced by Lexiang Technology, has obtained the Wall-E IP authorization for the Disney animated film “RoboCop” and will be unveiled at AWE 2026 in Shanghai, China on March 15, 2026. Cfoto | Future Publishing | Getty Images BEIJING — Alibaba-affiliate Ant Group is ramping up its move into humanoid robots. Ant has led…

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Tech analyst Dan Ives is exiting Wedbush for a new venture
  • Finance

Tech analyst Dan Ives is exiting Wedbush for a new venture

7 Globe News3 months ago3 months ago02 mins

Dan Ives, Wedbush Securities analyst. Scott Mlyn | CNBC Dan Ives, one of Wall Street’s most recognizable technology analysts, is leaving his longtime role at Wedbush Securities to launch a merchant bank aimed at combining research, advisory, capital raising and investing under one roof. Ives, who has spent the past eight years at Wedbush and…

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Warsh faces multiple alternative inflation signs as Fed charts new course
  • Finance

Warsh faces multiple alternative inflation signs as Fed charts new course

7 Globe News3 months ago3 months ago05 mins

Kevin Warsh, Chairman of the Federal Reserve, speaking at the ECB Forum in Sintra, Portugal on July 1st, 2026. CNBC Federal Reserve Chairman Kevin Warsh has said that inflation is a “choice.” The same could also be true of how inflation is measured. While the central bank has its own favorite metric courtesy of the…

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Stocks making the biggest moves midday: META, GIS, DDOG, SNDK
  • Finance

Stocks making the biggest moves midday: META, GIS, DDOG, SNDK

7 Globe News3 months ago3 months ago03 mins

Check out the companies making the biggest moves midday: Meta Platforms — Shares of the social media giant surged 11% on news that Meta is building out a new cloud business . The company will sell its excess artificial intelligence computing power to outside customers, CNBC confirmed. Bloomberg first reported the news. General Mills —…

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