Cryptocurrencies
Morgan Stanley Raises Chinese AI Startup Zhipu’s Target Price 72%: Stock Surges 37%
Morgan Stanley raised its price target on Chinese AI startup Zhipu by nearly 72% on Thursday, sending the stock up and capping a five-day run where the company gained over 37%. The bank says China’s AI industry is leaving the price war era behind. Analyst Gary Yu and colleagues raised Zhipu’s Hong Kong target from
Weak US Jobs Data Drives $2.5 Billion Gold Futures Surge on Binance
Gold (XAU) futures on Binance recorded one of their strongest trading days in four months on Friday. The surge followed a July jobs report that missed expectations. The move came alongside a broader gold rally, which ended a four-month losing streak. Investors appear to be returning to the precious metal after months of pressure. Weak
South Korea’s Regulators Accidentally Triggered a 30% Small-Cap Rally
South Korea’s financial regulators wanted to calm a volatile stock market as they cracked down on leveraged ETFs. However, they have made it more chaotic instead. Crackdowns on leveraged ETFs tied to Samsung Electronics and SK Hynix, which required retail investors to post higher cash deposits, did not cool speculation. Retail money rotated en masse
US Export Control Meant to Cripple China’s AI. But They Created Its Most Valuable Company
When Washington blocked China from buying advanced chips, the goal was to slow Beijing’s AI ambitions. It may have accelerated them instead. CXMT Corp, a memory chipmaker once dependent on foreign technology, debuted on Shanghai’s STAR Market last month and surged 466% in a single session. The stock eclipsed Industrial and Commercial Bank of China
BTC, ETH, XRP Whales Step Up Accumulation as CryptoQuant Sees the Bear Market Nearing Its End
The firm said whale accumulation near realized prices aligns with the late stage of a bear market.
↑
* to search the proxy database, just enter a country name, e.g. Russia, USA, Thailand