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News
Kalshi Pursues First U.S. Single-Stock Perpetual Futures — Targeting Tesla, Apple, Nvidia Among ~60 Names — BigGo Finance
8+ hour, 55+ min ago (308+ words) Tarek Mansour, Kalshi co-founder and CEO, plans to file an application as early as this week with the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) requesting that the product be jointly regulated as a "security…...
Bitcoin ETFs Flip to Net Outflows After Four Weeks; Ethereum Extends Inflow Streak to Four — BigGo Finance
4+ hour, 34+ min ago (199+ words) U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) shed $463 million last week, ending a three-week streak of net inflows. Meanwhile, spot Ethereum (ETH) ETFs pulled in nearly $200 million over the same period, extending their inflow streak to four consecutive weeks. According to…...
China's fund distribution landscape shifts: Third-party platforms overtake banks in non-money-market fund holdings for the first time, Ant Fund tops 2 trillion yuan — BigGo Finance
4+ hour, 40+ min ago (108+ words) Third-party channels take the top spot for the first time In sub-categories, third-party channels also demonstrated an all-fronts offensive. Their equity fund holdings grew 27.37% year-on-year, actively managed equity holdings grew 27.3%, and bond and other fund holdings grew 27.92% — all ranking first…...
South Korea's After-Market Trading Debuts: Korea Investment & Securities and Daishin Securities Battle for Customers — BigGo Finance
5+ hour, 14+ min ago (255+ words) With this regulatory change, individual investors can now buy and sell South Korean stocks after work hours using the same mechanism as the regular session. Brokerages have rolled out events featuring prizes and gift certificates to attract trading during this…...
Chinese AI Firm Z.ai Raises $5 Billion Amid 73% Stock Plunge From Peak — BigGo Finance
10+ hour, 15+ min ago (274+ words) Z.ai plans to allocate approximately 60% of the net proceeds to R&D for next-generation models and a fully self-trained system. Another 15% will go toward business expansion, with the remainder used for capital structure improvement and working capital. This latest fundraising…...
Nikkei Stock Average tumbles over 1,200 points at one stage; OpenAI IPO delay report and Middle East tensions weigh — BigGo Finance
5+ hour, 47+ min ago (321+ words) The Nikkei Stock Average extended its losses on the Tokyo Stock Exchange on the morning of the 14th, falling more than 1,200 points at one stage. AI and semiconductor-related stocks were sold off broadly following reports that U.S.-based OpenAI has decided to…...
Bund Summit Reflects AI Divergence: Agents Accelerate into Daily Life, While Large Models Remain Stuck on Long-Tail Knowledge — BigGo Finance
6+ hour, 5+ min ago (695+ words) Wang Jian had missed his scheduled morning keynote at the main forum. In the afternoon, he simply moved his speech to an open-air plaza near the Bund Summit entrance. With no enclosed venue, the crowd grew larger and larger; those…...
Super Central Bank Week Kicks Off: BOJ Rate Hike Odds Top 70%, Carry Trade Unwinding Risks Mount — BigGo Finance
6+ hour, 45+ min ago (573+ words) The yen held steady near 153.68 against the dollar in Tokyo trading on Monday, just a step away from the seven-month high of 152.89 touched last week. The yen has appreciated roughly 4% since the start of September, and Commodity Futures Trading Commission…...
Fed Rate Hike Imminent, Wall Street Says AI Earnings Momentum Could Sustain the Bull Market — BigGo Finance
9+ hour, 11+ min ago (374+ words) LPL Financial echoes a similar view in its report, drawing parallels between the current environment and 1997, when the S&P 500 continued to rally strongly despite Fed rate hikes because investors remained optimistic about the development of the internet. Kevin Gordon,…...
South Korea's Genencell Theme Stock Investors Cashed Out One Day After Clinical Trial Approval — BigGo Finance
10+ hour, 16+ min ago (632+ words) As allegations mount that Kim Seung-won, nominee for South Korea's Justice Minister, lobbied for Genencell's COVID-19 treatment clinical trial, evidence has emerged that capital market players who profited handsomely from Genencell-related stock investments in 2020 repeated the same pattern in 2021. Yoo…...