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Record $3.7B Exodus from Hong Kong ETFs as Investors Flock to Mainland AI and Semiconductor Stocks
Mainland Chinese investors pulled a record 24.6 billion yuan from Hong Kong equity ETFs in a single week, redirecting capital into domestic AI and semiconductor stocks.
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Marvell Tech Joins S&P 500 After AI Boom Fuels Profitability
Marvell Technology is set to join the S&P 500 after clearing a key profitability hurdle, driven by surging AI demand.
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Ramp's Valuation Surges to $44B After $750M Fundraise
Ramp closes $750M Series F, valuation hits $44B. Backed by ICONIQ, GIC, Ontario Teachers-AI and stablecoin strategies drive growth.
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Chip Rout Erases Over $1 Trillion as AI Demand Falters
Semiconductor stocks plunge as Broadcom disappoints, wiping out over $1 trillion in market value.
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Saylor Calls for Disciplined Bitcoin Expansion Amid ETF Outflows and Market Sell-off
Michael Saylor outlines a vision for Bitcoin beyond ETFs, embedding it in corporate and credit markets, as analysts debate a demand reset.
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BitMine Prices $274M Preferred Stock Offering at 9.5% Dividend to Fuel Ethereum Treasury
BitMine raises $274M via preferred stock sale to acquire more Ethereum, fund staking, and buy back shares. The 9.5% dividend shares will list on NYSE.
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Fidelity Slashes SpaceX IPO Minimum from $500K to $2,000
Fidelity cuts SpaceX IPO investment threshold 99.6%, opening access to retail investors with just $2,000.
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SpaceX Sets $135 Per Share for Landmark $75 Billion IPO
SpaceX aims to raise $75 billion in a historic IPO priced at $135 per share, with only 4% float.