cover image of Fortinet, Cybersecurity Leader

Founded back in 2000 by Ken Xie and Michael Xie, and headquartered in Sunnyvale, California, Fortinet (NASDAQ: FTNT) has grown to become one of the largest automated cybersecurity solutions providers globally.

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The Chinese Government has taken extraordinary measures to keep its tech giants in check. It started with Alibaba and Jack Ma and has now expanded to Tencent, DiDi, Meituan and many other tech leaders.

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The online brokerage began trading at $38 per share, the low end of its range which valued the company at about $32 billion. After dropping as much as 10% Robinhood's market capitalization closed down at $29 billion.

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Founded in 1998 by Richard Liu and headquartered in Beijing, China, JD.com (NASDAQ:JD) has grown to become one of China’s largest online retailer. The company has over 500 million annual active customers and has over 1,000 warehouses

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Friday the People's Bank of China announced that it would cut the reserve requirement ratio (RRR) for all banks by 50 basis points.

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 cover image of Zipline Raises $ 250m At A $ 2.75B Valuation

Zipline is vertically integrated, which means it designs and manufactures the unmanned drones, logistics software and the accompanying launch and landing system.

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 cover image of SoFi, The Next Meme-Stock?

SoFi recently announced that it would allow users to gain access to the initial public offerings of four Palihapitiya-backed Blank Check companies. Is this the next "Meme-stock"?

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 cover image of JPMorgan Adds To China

The $1.48 billion JPMorgan Pacific Technology Fund is growing its exposure to tech giants whose valuations have been hit by an antitrust crackdown in China.

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 cover image of WeFox Is Raising Funds And Sprinklr Goes Public

WeFox, an insurance technology player based in Germany, raised $650m at a $ 3B valuation. As Lemonade is doing, it seeks to “[tackle] that $5.2 trillion industry that has been stuck in the pre-internet era”.

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 cover image of Earnings Season Is ON

Offline, value and banking stocks are having their moment in the sun as strong earnings and investor optimism about the re-opening are lifting stocks. However, richly valued tech stocks still fail to reach higher and remain pressured.

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 cover image of Pinterest Earnings Review

Pinterest is a fast-growing company that managed to take advantage of the pandemic and saw its sales increase dramatically. However, a large share of Pinterest’s stock price growth was driven by expanding multiples

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