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"Prediction market" Polymarket plans to raise $400 million at a $15 billion valuation.

"Prediction market" Polymarket plans to raise $400 million at a $15 billion valuation.

``` Prediction market platforms are becoming the focus of capital pursuit, with leading players competing to stake their claims. According to The Information citing sources, Polymarket is seeking a new round of $400 million in funding at a valuation of approximately $15 billion. Intercontinental Exchange (ICE, the parent company of the

Morgan Stanley: Why is the risk-reward ratio of buying storage better than buying CPUs?

Morgan Stanley: Why is the risk-reward ratio of buying storage better than buying CPUs?

``` The surge of AI agents is accelerating CPU demand, but Morgan Stanley believes that compared to directly investing in Intel or AMD, capturing this trend through memory stocks such as Micron and SanDisk offers a better risk-return ratio. According to Zhuifeng Trading Desk, Morgan Stanley published a semiconductor industry report

Kuwait announces: Crude oil and refined oil exports face “force majeure” as the blockade of the Strait of Hormuz triggers a chain reaction.

Kuwait announces: Crude oil and refined oil exports face “force majeure” as the blockade of the Strait of Hormuz triggers a chain reaction.

The blockade of the Strait of Hormuz continues, and the global oil supply chain is under unprecedented shock. According to Bloomberg, Kuwait Petroleum Corporation (KPC) notified clients on Friday that it formally invoked the force majeure clause to suspend shipments of some crude oil and petroleum products, citing inability to

Hedge fund CIO predicts: After this market rally peaks, interest rates will return to zero, and the Federal Reserve's balance sheet may expand significantly again.

Hedge fund CIO predicts: After this market rally peaks, interest rates will return to zero, and the Federal Reserve's balance sheet may expand significantly again.

``` The Nasdaq Index in the US stock market has set a new historical high for 13 consecutive trading days, and the market seems immune to any negative news. However, one hedge fund Chief Investment Officer has remained clear-headed during this surge — he believes the current bull market is brewing a

China Mobile’s Q1 revenue sees slight growth while net profit declines; cloud computing and computing power leasing become new drivers of growth | Earnings Report Brief

China Mobile’s Q1 revenue sees slight growth while net profit declines; cloud computing and computing power leasing become new drivers of growth | Earnings Report Brief

``` China Mobile delivered a "fire and ice" financial report in the first quarter of 2026. On one hand, revenue from its main telecom business dropped 1.1% year-on-year, net profit narrowed 4.2% to 29.3 billion yuan, and profit pressure continued to be evident. On the other

J.P. Morgan: Sell the US dollar on rallies; hedging and settlement demand resonate; RMB bullish in the medium term

J.P. Morgan: Sell the US dollar on rallies; hedging and settlement demand resonate; RMB bullish in the medium term

``` The RMB exchange rate continues to show a strong trend. Although there has been some correction in the past two trading days, the extent has been limited, and it remains at a high level overall. On April 20, the onshore RMB/USD rate was 6.8198; on April 14, it

The market has "abandoned an April rate hike," and the Bank of Japan has shifted to a wait-and-see approach: Is the real window in June?

The market has "abandoned an April rate hike," and the Bank of Japan has shifted to a wait-and-see approach: Is the real window in June?

Affected by the ongoing instability in the Middle East, the Bank of Japan tends to keep interest rates unchanged this month to allow more time to assess the impact of the conflict. On April 20, Reuters cited five sources stating that the Bank of Japan is unlikely to raise interest