“There are no positive catalysts for Tencent in the second half, since its earnings will continue to be under pressure from the weak macro environment,” said Kenny Wen, head of investment research at KGI Asia Ltd. “And even when that improves in China, we are in an era of monetary tightening, so it will be … Read more
Register now for FREE unlimited access to Reuters.com Register Fed rate hikes have investors ‘throwing in the towel’ Casinos jump as Macau allows tour groups after nearly 3 years Indexes: Dow -1.11%, S&P 500 -1.03%, Nasdaq -0.60% Sept 26 (Reuters) – Wall Street slid deeper into a bear market on Monday, with the S&P 500 … Read more
During the test, two hydrogen leaks emerged as engineers fueled the SLS rocket, as well as other technical issues. While one of the leaks eventually abated after some troubleshooting, the second leak that cropped up later in the test would have prevented a launch if NASA had hoped to fly that day. .
(Bloomberg Businessweek) — A 16-year-old girl in Utah becomes so obsessed with her body image after getting hooked on Instagram that she develops anorexia and bulimia. A boy from Michigan goes from watching YouTube videos for several hours a day at age 9 to binging all night on TikTok and Snapchat, then ends up sharing … Read more
(Bloomberg) — A US visa program that attracted $37 billion in foreign investments since 2008 for projects including New York’s Hudson Yards and Trump Bay Street in Jersey City is making a comeback — and the queue of wealthy applicants from China to India is growing. The revived EB-5 program is poised to fund undertakings … Read more
One area where he diverged from the fellowship was in crypto: He wasn’t into it at first, he has said. Field eventually came around. Last year, he sold a non-fungible token for 4,200 Ether, or $7.5 million, which at the time was a record price. His wife, Elena Nadolinski, is a founder and CEO of … Read more