Chinese financial authorities are launching a renewed offensive against cryptocurrency trading, declaring all virtual currency transactions—including those involving stablecoins—as illegal financial activities. This coordinated crackdown comes as speculative crypto trading sees a resurgence, challenging Beijing’s long-standing financial controls and highlighting the persistent underground demand from an estimated 59 million users who continue to access offshore platforms.
about China Reaffirms Crypto Ban Amid Resurgent Speculative TradingByteDance
0 in Finance and 0 in Crypto last weekManner Coffee Eyes $3B Hong Kong IPO in 2026
Chinese coffee chain Manner Coffee, backed by tech giant ByteDance, is reviving its long-awaited initial public offering plans with a potential Hong Kong listing as early as 2026. The company is currently in active discussions with investment banks and could seek to raise several hundred million dollars while targeting a valuation reaching $3 billion, according to people familiar with the matter. This development marks a significant resurgence of listing ambitions that first emerged in 2021 but had since been delayed, positioning Manner Coffee for a major milestone in China’s fiercely competitive coffee market.
about Manner Coffee Eyes $3B Hong Kong IPO in 2026Broadcom’s $10B OpenAI Deal Fuels AI Growth, Raises Risk
Broadcom has transformed from a smartphone chip manufacturer into a leading AI infrastructure provider, securing a landmark $10 billion deal with OpenAI. However, the company’s strategic focus on elite hyperscalers creates significant customer concentration risk that could impact future growth if AI demand falters.
about Broadcom's $10B OpenAI Deal Fuels AI Growth, Raises RiskOpenAI Hits $500B Valuation, Tether Closest Crypto Rival
OpenAI has become the world’s most valuable startup after reaching a staggering $500 billion valuation in a secondary share sale. The artificial intelligence giant now dwarfs other major startups including SpaceX and ByteDance. Among crypto companies, Tether emerges as the closest competitor to this monumental valuation, far outpacing established players like Coinbase, Ripple, and Circle.
about OpenAI Hits $500B Valuation, Tether Closest Crypto RivalM&A Boom & Analyst Upgrades Drive S&P 500 Higher
Major corporate developments are driving market activity as Electronic Arts announces a $55 billion go-private deal and TikTok’s US separation moves forward. Meanwhile, analyst upgrades for defense contractor General Dynamics and strong earnings from Carnival Cruises are adding to the positive sentiment, pushing the S&P 500 higher in premarket trading.
about M&A Boom & Analyst Upgrades Drive S&P 500 HigherTrump’s TikTok Deal & Trade Tariffs Shake Markets
The Trump administration has simultaneously advanced two major economic policies that could reshape US-China relations and global markets. A proposed $14 billion deal would transfer TikTok’s US operations to American investors while reducing Chinese parent company ByteDance’s stake below 20%, addressing national security concerns. Concurrently, new tariffs targeting pharmaceuticals and heavy trucks signal a hardening trade stance that threatens to disrupt supply chains and corporate valuations.
about Trump's TikTok Deal & Trade Tariffs Shake MarketsTrump Approves $14B TikTok Sale to US Investors
President Donald Trump has greenlit a $14 billion deal for U.S. investors to acquire TikTok’s U.S. operations from Chinese parent ByteDance. The move follows a 2024 law requiring ByteDance to divest or face a U.S. ban. Trump also confirmed Chinese leader Xi Jinping’s approval of the transaction, marking a significant development in the ongoing tech and security tensions between the world’s two largest economies.
about Trump Approves $14B TikTok Sale to US InvestorsBSTZ: 11% Yield CEF with Private Tech Edge
BlackRock’s Science and Technology Term Trust (BSTZ) offers investors an unusual combination of 11.87% dividend yield, exposure to pre-IPO tech companies, and trading at a 9.33% discount to net asset value. This closed-end fund leverages BlackRock’s $15 trillion scale to invest in both public and private technology companies, providing advantages that ETFs cannot match through direct private market access while generating substantial monthly income through covered call strategies.
about BSTZ: 11% Yield CEF with Private Tech EdgeAVGO & SMCI: Top AI Stock Splits to Buy in September
Broadcom (AVGO) and Super Micro Computer (SMCI) executed notable stock splits in 2024, positioning them as attractive opportunities for investors seeking exposure to the AI revolution. Both companies have demonstrated strong fundamentals and growth trajectories driven by increasing demand for artificial intelligence technologies. This analysis explores why these stocks remain compelling buys despite market fluctuations.
about AVGO & SMCI: Top AI Stock Splits to Buy in SeptemberTikTok Is a Waste of Money for Oracle
Oracle Corporation’s rumored pursuit of TikTok in a potential $100 billion acquisition has ignited fierce debate among analysts and investors, creating one of the most perplexing strategic puzzles in recent corporate history. The enterprise software giant’s interest in a consumer social media platform appears fundamentally misaligned with its decades-long focus on government and corporate clients, raising serious questions about strategic fit, valuation rationale, and the true motivations behind what could become one of the largest tech acquisitions ever.
about TikTok Is a Waste of Money for OracleHuawei Tests New AI Chip to Rival Nvidia Amid US-China Tensions
Huawei is advancing its AI chip capabilities with the Ascend 910D, targeting performance that could surpass Nvidia’s H100. The Chinese tech giant is distributing sample chips to local firms for testing, with mass production expected soon. Meanwhile, US export restrictions on semiconductors, including Nvidia’s H20, are intensifying China’s push for domestic chip development. President Xi Jinping has emphasized self-reliance in AI and core technologies, while Huawei is also expanding its computing systems like CloudMatrix 384. The geopolitical standoff continues, with China rejecting US trade talks amid escalating tariffs.
about Huawei Tests New AI Chip to Rival Nvidia Amid US-China TensionsOmiGPT: Affordable AI Wearable Challenges High-End Rivals
OmiGPT, a new $89 AI wearable from a San Francisco startup, aims to disrupt the market with an affordable, open-source alternative to high-end devices like Humane AI Pin and Rabbit R1. The compact, lightweight device connects to ChatGPT via API and can be worn as a wristband or necklace. Unlike competitors that rushed to consumers, OmiGPT is first releasing developer kits to validate real-world utility. The device records conversations, sets reminders, and translates speech, syncing data when online. Founder Nik Shevchenko emphasizes building practical tools over mass adoption, with future plans including AI glasses and brain-computer interfaces. OmiGPT pre-orders ship in Q2 2025.
about OmiGPT: Affordable AI Wearable Challenges High-End Rivals