The recent surge of Regencell Bioscience Holdings (traded as ‘RGC’ on Nasdaq) serves as a glaring reminder of the volatile nature of speculative stocks. Founded in 2014 and operating with no revenue stream, Regencell has somehow managed to bag a market capitalization that ballooned to a staggering $36 billion, more than established companies like Lululemon
Finance
In a surprising twist to the narrative of economic sluggishness, China’s retail sales surged by an impressive 6.4% in May, marking the fastest growth since late 2023. This figure initially dazzles, creating a sense of optimism around the world’s second-largest economy. However, a deeper examination reveals a more sobering reality lurking beneath the surface. While
As the world wrangles with the pressing demand for sustainable energy solutions, the allure of uranium and nuclear power is resurging. Numerous analysts, including John Ciampaglia of Sprott Asset Management, observe a seismic shift in public and corporate sentiment towards nuclear energy. After years of being relegated to the shadows, the conversation around uranium is
In the ever-evolving landscape of global business, Chinese companies are scripting a narrative that transcends traditional borders. The recent surge of Shenzhen-based Insta360, with its remarkable stock market debut, is emblematic of a larger phenomenon. The camera company, which also rivals industry titan GoPro, demonstrated an ambitious vision by raising nearly $270 million during its
The recently concluded high-level talks in London between the U.S. and China ended with both nations agreeing on a trade framework—a development that might superficially seem like a positive diplomatic breakthrough. Yet, upon deeper analysis, one must question how solid this framework truly is. U.S. Commerce Secretary Howard Lutnick announced a consensus follows a phone
In a world increasingly defined by economic turbulence, investors are finding themselves at a crossroads. The sentiments expressed by DoubleLine Capital CEO Jeffrey Gundlach paint a compelling picture of the changing dynamics in global finance. As the U.S. dollar appears to embark on a path of decline, Gundlach urges investors to reconsider their asset allocations.
Walmart’s foray into the financial services sector with its fintech startup, OnePay, raises eyebrows across the retail and finance landscapes. The announcement of consumer credit cards in collaboration with Synchrony, a significant player in the credit card arena, suggests a strategic pivot aimed at gaining control over its financial destiny. However, this move appears more
Generation Z is grappling with a pervasive sense of economic malaise, an unsettling feeling that life is meant for living in the moment rather than planning for the future. According to a recent Credit Karma survey, nearly half of this cohort, which encompasses individuals born between 1997 and 2012, feels that planning for tomorrow is
In a world increasingly reliant on sophisticated technology and sustainable energy sources, the looming crisis of rare earth element shortages threatens to bring global production to a screeching halt. This dire situation is primarily fueled by China’s stranglehold over the mining and production of these critical minerals. A high-stakes dialogue between President Xi Jinping and
The competitive landscape of biotechnology is rapidly evolving, revealing a startling reality: China is poised to overtake the United States in critical aspects of biopharmaceutical and agricultural advancements. This paradigm shift is not merely a theoretical concern; studies by esteemed institutions, such as the Harvard Belfer Center for Science and International Affairs, underscore that America’s