Why Are Alibaba Shares Trading Lower Today?
China market watchdog State Administration for Market Regulation (SAMR) expects more from “super-large platforms” like Alibaba Group Holding Ltd (NYSE:BABA), Tencent…
Tencent Attracts US Scrutiny On Sumo Group’s Acquisition
Sumo Group PLC (OTC:SUMGF) informed that the U.S. national security panel is investigating Tencent Holdings Ltd’s (OTC:TCEHY) acquisition of the British…
U.S. Cannabis Industry is ‘Flourishing’ In Spite Of (Or Because Of?) General Economic Downturn
While the cannabis industry is known for offering investors its own mixture of tricks and treats, a new report by CNN Business is expressing new hope for the cannabis sector.
FATF Wants To Regulate DeFi Services
The Financial Action Task Force (FATF) released its guidance on how decentralized finance (DeFi) services should be regulated. The FATF is an intergovernmental organization tasked with setting financial regulation standards
Visa’s Relations With Square, PayPal Trigger DOJ Scrutiny: WSJ
The Justice Department is watching Visa Inc’s (NYSE:V) financial incentives offered to Square Inc (NYSE:SQ), Stripe Inc, and PayPal Holdings Inc (NASDAQ:PYPL) as part…
These Are The Cannabis Industry’s Biggest Tricks and Treats So Far
Halloween is almost here. As costumed revelers prepare for a weekend of celebrations, the cannabis industry readies for the beginning of the holiday shopping season just around the corner.
FTC Investigating Facebook On User Privacy Concerns: Report
The Federal Trade Commission is investigating whether Facebook Inc. (NASDAQ: FB) intentionally withheld information regarding the health effects from its products.
Senators Allege Seagate Breached US Embargo On Huawei: WSJ
A group of Senate Republicans alleged Seagate Technology Holdings PLC (NASDAQ: STX) of violating U.S. export rules by selling hard-disk drives to Huawei Technologies Co despite the U.S.
Russia Penalizes Google For Retaining Banned Content: Reuters
Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google paid Russia over 32 million roubles ($455,079) in fines for failing to delete content…
Kimberly-Clark’s Earnings Remind Investors that Inflation and Supply Chain Issues are Still a Major Theme
This week is a big one for earnings, not just because of the big names reporting but because of the large number of earnings announcements. Investors can expect the themes of higher costs and supply chain issues to continue.