FTX Ventures’ Amy Wu explains why the venture capital fund is bullish on Bored Ape Yacht Club-creator Yuga Labs’ prospects as a media and entertainment company. Read More
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The U.S. Securities and Exchange Commission is pushing forward with a plan which threatens to kick off Chinese firms off U.S. stock trades, establishing a late conflict between Washington and Beijing since the Trump government winds down. From the conclusion of the calendar year, the SEC plans to propose a law which could result in […]
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Goldman Sachs downgrades GDP estimates for Q4 and beyond thanks to COVID case surge
Goldman Sachs is serving up some harsh projections just days before Thanksgiving. The bank cited “the rapid and broad-based resurgence of the coronavirus” as the main reason it was downgrading Q4 and Q1 GDP forecasts. Goldman now expects +3.5% and +1.0% annualized growth in Q4 and Q1 (+4.5% and +3.5% previously). Indeed, the worry is […]