PDD Holdings Shares Drop After Weak Q2 Report

26.08.2024
Shares of PDD Holdings Inc (NASDAQ), the parent company of Temu, fell in premarket trading after the release of its financial report for the second quarter of 2024. The company's revenue grew by 86% year-over-year...
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Hong Kong’s Bitcoin Spot ETFs Surpass HKD$2 Billion

26.08.2024
"Our Bitcoin spot ETFs have reached an important milestone," said representatives of investment companies in Hong Kong. The assets under management have exceeded 2 billion Hong Kong dollars, equivalent to about 256 million US dollars....
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360 One Raises Valuation of India’s National Stock Exchange to $29.9 Billion

23.08.2024
360 One Asset has raised its valuation of India's National Stock Exchange (NSE) to $29.9 billion, significantly exceeding the previous valuation of $18-19 billion from private transactions last year. This move reflects growing confidence in...
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Kraken Exchange Operator Loses Case in Australia

23.08.2024
"Today's decision serves as a reminder to the crypto industry of the importance of compliance," commented ASIC Deputy Chair Sarah Court on the ruling of Australia's Federal Court. The regulator accused Kraken's operator, Bit Trade...
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Nvidia Shares Surge Amid Market Rally

21.08.2024
Nvidia shares surged 31% in eight days after the tech giant added $765 billion to its market value. This growth occurred during a broad wave of buying in the stock market, driven by encouraging economic...
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