Ant Bank Adds Stock Trading to AlipayHK After HK$2.81B Bright Smart Securities Stake Purchase

Jefferies Raises Alphabet Price Target to $445 on May 4, Cuts Meta and Microsoft Targets

Jefferies raised Alphabet's price target from $400 to $445 on May 4, while cutting Meta's target from $1,000 to $825 and Microsoft's from $675 to $575, according to BlockBeats.

Buffett Holds $380 Billion in Cash, Describes Wall Street as 'Church with Casino Attached' Amid Speculation Boom

According to CNBC, Warren Buffett said Berkshire Hathaway currently holds approximately $380 billion in cash and is not deploying it at scale because prices are too high and suitable investment targets are scarce. "It is not an ideal environment for us to deploy capital right now," he stated. Buffe

Founders Fund Raises Record $6 Billion for Late-Stage Investments

According to ChainCatcher, Founders Fund has raised $6 billion for late-stage investments, marking the firm's largest fundraising in its 20-year history. Of the total, $4.5 billion came from limited partners including sovereign wealth funds, while the remaining $1.5 billion was contributed by the fu

Is GameStop considering a $56 billion acquisition of eBay, and could it succeed as a “small snack, big meme stock”?

Meme-stock GameStop Corp. recently proposed acquiring the e-commerce platform eBay with about $56 billion in cash and stock, sparking widespread attention in financial markets. CEO Ryan Cohen proposed the acquisition at a price of $125 per share, which is about a 20% premium over eBay’s Friday closing price. At present, GameStop’s market capitalization is about $12 billion, far below eBay’s $46 billion. This “punching above its weight” deal signals its intention to actively transform. However, market analysts remain cautious about the deal’s likelihood of success, noting there are significant risks of equity dilution and execution. GameStop punching above its weight to acquire eBay According to Bloomberg, the total value of GameStop’s proposed acquisition this time is about $5

Is TSMC’s Longtan plant resurrecting? An “E” (angstrom) level process enters Longke Phase 3, and Hanta​​ng and Motech will take on orders worth more than 100 billion yuan

After being stalled for nearly three years, the third phase expansion plan for the Longtan Park, the Hsinchu Science Park’s Longtan area (Longke Phase 3) has finally been revived. Industry insiders have long been saying that TSMC will return to Longtan to build a next-generation, sub-micron (E-micron-level) wafer fab, with an investment scale estimated at NT$500 billion to NT$600 billion. When the news broke, long-time TSMC partners Han-Tang (2404) and Phison (6196) drew particular attention. The market expects that the two companies will take on an order worth a few ten billion—on the scale of a trillion—and become among the beneficiaries of this new fab construction. Longke Phase 3 restarts; TSMC to land on a 100-hectare-plus site in Longtan News has emerged today of a major turnaround for the Longke Phase 3 development case that has been pending for years. Economic Daily reported that Hu Shimin, director of the Hsinchu Science Park Administration, confirmed that a public hearing for Longke Phase 3, and that the Longtan 100-hectare-plus site for the expansion land had been determined as 104 hectares. The feasibility study was approved by the National Science and Technology Council in mid-March this year. It is expected that in May, a budget and planning project will be submitted. After review and approval, it will then be forwarded to the Executive Yuan. The National Science and Technology Council will also hold it on May 11