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Why Futu And UP Fintech Shares Are Plunging Today

By Anusuya Lahiri
December 30, 10:29 AM
Tencent Holding Ltd (OTC:TCEHY) backed Chinese online broker Futu Holdings Limited (NASDAQ:FUTU) unexpectedly deferred its Hong Kong listing less than a…

FUTU

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Italy PM To Meet Intel Over Multibillion-Euro Chip Investment

By Anusuya Lahiri
December 30, 7:49 AM
Italy’s Prime Minister Giorgia Meloni eyed a meeting with representatives of Intel Corp (NASDAQ:INTC) to discuss a possible multibillion-euro investment by…

INTC

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Baidu Bags Approval For Robotaxi Trials In Beijing As Rivals Retreat

By Anusuya Lahiri
December 30, 7:46 AM
Baidu, Inc (NASDAQ:BIDU) won the first license to test driverless vehicles on roads in Beijing. Baidu will add another 200 robotaxis…

BIDU

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Nightmare Almost Over? Southwest Expects Operations To Normalize By Dec. 30: Report

By AJ Fabino
December 29, 1:32 PM
Many Americans were locked in place during the holidays. Christmas holiday travel plans were largely halted as winter-storm Elliot — which later turned into a bomb cyclone — blew its high winds and icy snow at sub-zero temperatures across most of the continental U.S.

AAL

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Gaotu Techedu, TAL Education And Other Chinese Edtech Shares Plunge As China Heightens Crackdown

By Anusuya Lahiri
December 29, 7:57 AM
China looked further to tighten supervision over its battered online education sector.

BEDU

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Amazon Scores Another Victory In Preventing Unionization Efforts At US Warehouse

By Anusuya Lahiri
December 28, 1:28 PM
Amazon.Com, Inc (NASDAQ: AMZN) warehouse in Moreno Valley, California, or ONT8, failed to garner enough proof of support for federal officials to call an election, to the disappointment of its thousands of workers.

AMZN

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FDA Developing Regulating Pathways For Cannabis-Derived Ingredients In Foods, Supplements; Oversight Plans Expected In Few Months

By Vandana Singh
December 28, 8:26 AM
In 2018, when Congress legalized cannabinoids, the FDA was put in charge of regulating the related products.

CRON

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India Eyes Interoperable Network To Thwart Oligopolistic Tendencies Of Influential E-commerce Platforms

By Anusuya Lahiri
December 28, 8:09 AM
India eyed a government-backed e-commerce initiative to challenge the dominance of the likes of Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT)-owned Flipkart in one…

AMZN

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Great News For Gaming Companies Eyeing China As It Relaxes Approval Of Imported Games

By Anusuya Lahiri
December 28, 7:57 AM
China’s online game regulator approved 45 foreign video game licenses, further easing regulatory curbs on the afflicted industry. The…

NTDOF

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COVID-19 Cases Soar While Stocks Fly: How To Play China’s Reopening In The Market

By AJ Fabino
December 27, 3:15 PM
As COVID-19 spreads through China, and the world’s second-largest economy is dealing with an overwhelming wave of new infections, shares of Chinese-based funeral and healthcare companies are going higher.

CHIR

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