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.
Standard Chartered Analyst Raises Bitcoin Price Forecast, Sees $120,000 Target as Too Low
A Standard Chartered analyst, Geoffrey Kendrick, has revised his earlier prediction for Bitcoin’s price, now stating that his $120,000 target for the second quarter...
Shopify Reports Mixed Q1 Results with Soft Guidance for Q2
Shopify reported mixed first-quarter results, posting a larger-than-expected loss while achieving growth in revenue. The company announced a loss of 53 cents per share,...
Whoop Launches 5.0 and MG Devices with Enhanced Features and Battery Life
Whoop has unveiled two new wearable devices, the Whoop 5.0 and Whoop MG, designed to offer better performance, a more refined design, and extended...
Coinbase to Acquire Deribit for $2.9 Billion, Strengthening Global Crypto Derivatives Market
Coinbase has agreed to acquire Dubai-based Deribit, a leading crypto derivatives exchange, for $2.9 billion, making it the largest deal in the cryptocurrency industry...
Amazon Expands into Pet Medications with New Online Prescription Service
Amazon announced Thursday that it is now offering a service for pet owners to order prescriptions for their dogs and cats online. The service...
Elizabeth Holmes’ Appeal Denied, Leaving Supreme Court as Last Resort
Elizabeth Holmes, the former CEO of Theranos, has lost her bid to have her fraud conviction reheard. On Thursday, the 9th Circuit U.S. Court...
Palantir Joins Top 10 U.S. Tech Companies by Market Cap, Surpassing Salesforce
Palantir has officially entered the ranks of the top 10 U.S. technology companies by market cap, achieving a valuation of $281 billion. This marks...
Pinterest Surpasses Expectations in Q1 Earnings, Shares Jump 15%
Pinterest shares soared 15% in after-hours trading following the release of its first-quarter earnings, which exceeded expectations and offered an optimistic outlook for the...
Affirm Posts Strong Profits but Lower Revenue Guidance, Shares Drop
Affirm, a leader in the buy now, pay later (BNPL) market, reported stronger-than-expected earnings for the prior quarter but issued a revenue forecast for...
Lyft Boosts Share Buyback and Posts Strong Q1 Earnings
Lyft shares rose 7% after the company revealed it would boost its share buyback program to $750 million in its first-quarter earnings report. Following...
Ex-CEO of Celsius Network Sentenced to 12 Years for Fraud
Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of...
SMIC Q1 Earnings Miss Estimates, Shares Drop Amid Production Challenges
Shares of Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, dropped nearly 7% on Friday after its first-quarter earnings fell short of expectations....
Rivian Adjusts 2025 Targets Amid Tariffs, Surpasses Q1 Expectations
Rivian Automotive exceeded Wall Street expectations for the first quarter, yet it has adjusted its 2025 guidance for vehicle deliveries and capital expenditures due...
Banks Reluctant to Reverse Credit Card Fee Hikes After CFPB Rule Defeat
After a Consumer Financial Protection Bureau (CFPB) rule was overturned in federal court, banks have been hesitant to reverse the interest rate hikes and...
