China Blocks Tech Acquisitions To Weaken America. The U.S. Shouldn’t Follow Suit.

Earlier this week, the People’s Republic of China blocked Meta’s acquisition of Manus, an artificial intelligence startup that develops an advanced artificial intelligence agent capable of completing complex tasks, and move Flying from China to Singapore, which is more business- and investment-friendly, last summer was apparently approved by Chinese regulators. Yuan Announce The company spent…

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From Cathie Wood to Cantor Fitzgerald, the big money is betting that Robinhood’s (HOOD) crypto slump is just a temporary speed bump

Robinhood (HOOD) shares are down nearly 12% as some big investors and Wall Street analysts have given up on forecasts for a sharp earnings decline. On April 28, the popular trading platform missed first-quarter earnings and revenue estimates, largely due to weak cryptocurrency trading activity. The market punished the stock, but Cathie Wood’s Ark Invest…

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Strategy keeps STRC payout unchanged for May as shares rebound after prolonged slump

Strategy (MSTR), the largest publicly traded Bitcoin Bitcoin$77,273.09 Holder, its perpetual preferred stock, Stretch (STRC), maintained its dividend yield at 11.5% in May, marking the third consecutive month that the dividend rate has been maintained. The April volume-weighted average price (VWAP) was $99.76, close enough to the $100 par value to justify keeping rates on…

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Bithumb’s six-month suspension in South Korea is overturned by local judge

A South Korean court on Thursday overturned Bithumb’s six-month partial business suspension order, Yonhap News Agency reported. Citing legal sources, the news agency said Judge Kong Hyun-jin of the Second Administrative Division of the Seoul Administrative Court accepted Bithumb’s application for a stay of execution on the same day. It has not yet been clarified…

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