World

Morgan Stanley recently updated its forecasts for Tuya, a U.S.-listed Chinese company that primarily generates its revenue from overseas markets. According to Asia equity analyst Yang Liu and the team, they have raised their price target on Tuya to $3.50, representing a potential increase of over 75%. The analysts also highlighted the short-term valuation opportunity

China recently conducted war games around Taiwan, simulating attacks with bombers and practicing boarding ships. These exercises were seen as a direct provocation by Taiwan, which condemned the actions as aggressive and threatening. The drills, named “Joint Sword – 2024A”, lasted for two days and involved a significant number of Chinese warplanes and warships. The

X CEO Linda Yaccarino recently spoke out against Australia’s online safety regulators in response to a legal dispute involving X’s platform. Yaccarino accused Australia of overreach in their attempts to block videos of a violent incident involving a priest in Sydney. The incident sparked a clash between X and the Australian government, with Elon Musk

Nvidia has reached a significant milestone with its shares surpassing $1,000 for the first time in extended trading, following the release of its fiscal first-quarter results that exceeded analyst expectations. This achievement reflects the ongoing momentum of the AI boom, which has captured the attention of investors worldwide. The company’s robust performance in the first

The recent statements from Federal Reserve officials regarding the inflation landscape in the U.S. have sparked confusion and skepticism among experts in the financial sector. Julian Howard, lead investment director of multi-asset solutions at GAM, has criticized the Fed for appearing clueless about the current state of inflation. According to Howard, the lack of a

The Asia-Pacific markets experienced a mixed reaction on Tuesday following the surge in tech shares that propelled the Nasdaq Composite to record highs. While Nvidia shares saw a gain of more than 2% due to positive analyst calls, several other companies also experienced changes in their stock values. South Korea’s Kospi index fell by 0.34%,

In a move that surprised many, China decided to keep its one- and five-year loan prime rates unchanged at 3.45% and 3.95%, respectively. This decision came after the country announced measures to boost its property market, signaling confidence in the current state of the economy. Following China’s announcement, Hong Kong’s Hang Seng index saw a

Iranian President Ebrahim Raisi’s helicopter experienced a “crash landing” situation on Sunday, as reported by state media. Rescue efforts were underway, but weather conditions, including heavy fog, were hindering the operation. The uncertainty surrounding Raisi’s condition caused a sense of urgency among the rescue teams. The presence of important officials like Iran’s Foreign Minister and

The recent announcement by Benny Gantz, a centrist member of Israel’s War Cabinet, to resign from the government if a new plan for the war in Gaza is not adopted within three weeks has sparked controversy. This move would potentially leave Prime Minister Benjamin Netanyahu more reliant on his far-right allies, highlighting the internal divide

Chet Kapoor, the current chairman and CEO of DataStax, had a childhood dream of working for the legendary Steve Jobs. This dream materialized when Kapoor was given the opportunity to intern at the software company NeXT, founded by Jobs. However, instead of taking this internship as a golden opportunity to learn and grow, Kapoor seems