Bank of America’s analyst Ming‑Hsun Lee has refreshed his view on the Chinese tech firm Pony AI Inc. , keeping a Buy rating and suggesting a target price of HK$148. 00 for the stock. Lee’s focus is on consumer‑cyclical companies, and he has a solid track record: an average return of 16. 5 % and a su
Banks are testing ways to put their money onto blockchains, a move that could reshape how payments work. The idea is called tokenized deposits: digital tokens that represent real bank balances on a distributed ledger. These tokens are not just a new form of money; they stay tied to the bank’s own li
European leaders are calling for a more confident stance on the world stage. The current climate sees the United States, led by President Donald Trump, and China as dominant powers. Some argue that Europe must step up to protect its own interests. Germany’s new chancellor has highlighted the size o
Bank of America has added Ligand Pharmaceuticals to its list of stocks it recommends buying, setting a new price target at $244. The move comes as the bank highlights Ligand’s business model, which focuses on high‑margin products and a lower level of risk compared to many other biopharma companies.
Banks and regulators have announced that digital versions of securities, known as tokenized securities, will be treated exactly like their conventional counterparts when it comes to capital requirements. The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency explained that
European leaders Antonio Costa and Ursula von der Leyen plan a video call with key Middle Eastern figures on Monday to talk about the region’s tensions. The meeting aims to let the leaders share their views on current events and explore how the EU can help countries there. It also seeks to dis
European leaders gathered in Munich to signal a shift toward greater self‑reliance after recent strains with the United States. The conversation began with a warning that some boundaries had been crossed and could not be undone, hinting at deeper mistrust. The United States, under President Trump
European leaders met in Brussels to discuss how the United States is stepping back from its traditional leadership role in NATO. The U. S. defense chief, Pete Hegseth, did not attend the meeting, a rare omission that raised questions about America’s commitment to European security. He was replaced b
European Watch Company, a Boston‑based family business that has sold luxury watches for over three decades, is bringing its new online magazine to the world. Crown & Caliber was originally a platform for pre‑owned watches and now becomes a daily source of stories about timepieces, fashion, travel an
Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
