The Magnificent Seven (Nvidia, Microsoft, Alphabet, Amazon, Meta, Apple, Tesla) and other AI-exposed names dominate indices, accounting for a massive share of market value. A sharp repricing — similar to or worse than the dot-com crash — could erase trillions in paper wealth. Retail investors who piled in during the
In 2022, Nasdaq has welcomed 156 initial public offerings (IPOs). It has facilitated the raising of $14.8 billion in total. This year, Nasdaq listed 85 operating companies and 71 SPACs, representing an 89% win rate in the US market and extending Nasdaq’s leadership to 36 consecutive quarters. There were 29
Earlier this month, the Financial Crimes Enforcement Network (FinCEN) announced a $29 million enforcement action against Bittrex for violations of the Bank Secrecy Act (BSA). Bittrex’s AML programme and Suspicious Activity Report (SAR) reporting failures exposed the US financial system to threat actors. Failures at Bittrex exposed users to high-risk
The AI bubble, much like the dot-com frenzy of the late 1990s, represents a intoxicating
HSBC Holdings plc has announced a proposal to fully privatize its subsidiary, Hang Seng Bank
The ongoing civil war in Sudan, which erupted on April 15, 2023, is driven by
