Keith Gill, also known as “DeepF——Value” on Reddit and “Roaring Kitty” on YouTube, has become somewhat of a legend in the world of meme stocks. Almost five years ago, Gill made a $53,000 bet on his favorite video game retailer, GameStop. Fast forward to today, and his net worth has skyrocketed to over $289 million.
World
The recent ruling by a U.S. court allowing the presentation of scientific evidence in the lawsuits related to the discontinued heartburn drug Zantac has sent shockwaves through the pharmaceutical industry. British pharmaceuticals giant GSK saw its shares plummet by 9% after the Delaware State Court ruled in favor of plaintiffs’ expert witnesses testifying in the
A milestone was achieved as a Chinese spacecraft successfully landed on the far side of the moon. The primary objective of this mission is to collect soil and rock samples that could offer valuable insights into the differences between the less-explored far side and the more familiar near side of the moon. This landing marks
The concept of Internet of Bodies (IOB) is gaining momentum and is set to revolutionize the way technological devices interact with the human body. Academic and author Andrea M. Matwyshyn introduced the term in 2016, defining it as a network where human bodies rely on the internet and related technologies for their integrity and functionality.
It’s no secret that technological advancements are rapidly transforming the way we live and travel. In the bustling city of Beijing, the introduction of robotaxis has been making waves, with the capital taking significant steps towards integrating these autonomous vehicles into its transportation system. In recent years, Beijing has been gradually allowing robotaxis to operate
The CEOs of some of the most prominent artificial intelligence companies, including Google DeepMind, Microsoft AI, Anthropic, and Mistral AI, are set to attend a secretive meeting in Madrid, Spain. This annual Bilderberg Meeting will also see the participation of high-profile business and political leaders, such as Citigroup CEO Jane Fraser, former Google CEO Eric
Pinduoduo (PDD), a Chinese e-commerce company, has established itself as a dominant player in the Chinese market, surpassing industry giants like Alibaba and JD.com. PDD’s market capitalization of $208 billion has exceeded that of Alibaba’s $196 billion, showcasing its rapid growth and success in the sector. Analysts attribute PDD’s success to its value-for-money positioning and
The soaring gold prices have reached new heights in recent weeks, with spot gold hitting record levels. The uptrend in gold prices is attributed to a combination of factors including a weakening U.S. dollar, declining U.S. Treasury yields, and heightened demand from China. China, now the leading consumer of gold, has significantly contributed to the
Recent data from the National Bureau of Statistics revealed a 4.3% year-on-year increase in China’s industrial profits during the January to April period. This positive growth has had a significant impact on the overall performance of the Asia-Pacific markets. Mainland China’s CSI 300 index saw a 0.21% increase, while Hong Kong’s Hang Seng index rose
Tuya, a U.S.-listed Chinese company with a significant international revenue stream, is poised for strong growth, according to analysts at Morgan Stanley. Despite experiencing a decline in its stock price, the company’s quarterly results and revenue guidance have instilled confidence in its potential for the future. With more than 80% of its revenue generated outside