Aarav Shen
Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.
Chime Pays $33 Million to NBA’s Dallas Mavericks for Jersey Patch Sponsorship
Chime Financial, a fintech company based in San Francisco, has disclosed that it paid the Dallas Mavericks around $33 million over three years for...
eToro Sets IPO Price at $52 Per Share, Targets $4.2 Billion Valuation
eToro, the Israel-based stock brokerage platform that has increasingly focused on cryptocurrency, has priced its upcoming IPO at $52 per share. The company plans...
Samsung Acquires FläktGroup for €1.5 Billion to Expand HVAC Business
Samsung Electronics has announced its acquisition of FläktGroup, a German-based provider of advanced heating, ventilation, and air conditioning (HVAC) solutions, for €1.5 billion ($1.68...
Warren Buffett Recommends Documentary on Katharine Graham at 2025 Berkshire Meeting
At the 2025 Berkshire Hathaway annual meeting, Warren Buffett announced his upcoming retirement as CEO, a momentous event that captured global attention. Yet amid...
$100M New Jersey Deli Fraud: Coker Jr. Sentenced After Thai Prison Ordeal
Peter Coker Jr., a central figure in the $100 million New Jersey deli stock fraud case, was sentenced to 40 months in prison in...
Family Offices Face Talent Crunch Amid Rapid Growth in Wealth Management
Family offices are poised for significant growth as the ultra-wealthy seek more personalized ways to manage their assets. With an estimated 8,030 family offices...
Morrison Outdoors Impresses on Shark Tank but Investment Deal Falls Through
Seven years ago, Tavis Malcolm and his wife faced a challenge on a camping trip—they couldn’t find a proper sleeping bag for their newborn...
Microsoft Cuts 6,000 Jobs Globally in Organizational Restructuring
Microsoft has announced a significant restructuring effort that includes laying off approximately 6,000 employees, representing about 3% of its global workforce. The job cuts...
Spirit Airlines Introduces Premium Seating and Cardholder Perks in 2025 Strategy Shift
Spirit Airlines announced the rollout of new premium offerings aimed at attracting more upscale leisure travelers. The airline will begin installing an extra-legroom seating...
Hertz Shares Drop 17% Following Q1 Losses and $250 Million Stock Offering
Hertz Global shares fell sharply on Tuesday after the rental car company posted weaker-than-expected first-quarter earnings and announced a $250 million stock offering aimed...
YouTube to Stream NFL Week 1 Game for Free in Global First
YouTube will stream its first-ever full National Football League game live and for free on September 5, marking a significant milestone in sports broadcasting....
American Eagle Writes Down $75M in Inventory Amid Falling Sales
American Eagle has announced a $75 million inventory write-down tied to unsold spring and summer merchandise and has withdrawn its full-year guidance for fiscal...
Tech Stocks Soar $837 Billion After U.S.-China Tariff Pause
The so-called "Magnificent 7" group of major tech stocks saw a dramatic surge in market value, adding a combined $837.5 billion on Monday following...
U.S. Tariff Revenue Hits Record High in April Amid Soaring Customs Duties
Receipts from U.S. tariffs surged to a record high in April, as the financial impact of President Donald Trump’s trade measures began to materialize...
