Never Mind Bitcoin. China Loves AI Stocks

Iflytek Co., a Chinese developer of speech-recognition software, has consistently failed to meet analysts’ profit estimates. And yet it’s one of the hottest stocks in China, gaining 117 percent this year as of Dec. 18, thanks to the latest investment craze sweeping the country’s $7.5 trillion equity market: artificial …

Crypto disclosed last week that it was selling shares privately for $7, a steep discount to the $223 investors were paying for its stock in public markets at the time. Chief Executive Officer Michael Poutre said the $7 price had been communicated to potential buyers weeks ago — before the stock’s dramatic …

Litecoin’s creator said he’s sold his holdings in a year it’s rocketed 7,500 percent, wanting to avoid a conflict of interest. Hours earlier a Korean crypto exchange went bust after getting hacked; U.S. regulators halted a coin trader’s stock on suspicion of manipulation; a stock unheard of two days ago surged …

… one of the largest publicly traded cannabis companies on the planet. Today’s North Channel Investment article will analyse Canopy Growth Corporation. This article will illustrate that despite the fact that the cannabis industry is highly overvalued in the stock market, there is money to be made for investors.

“The reason our stock market is so successful is because of me,” U.S. President Donald Trump bragged to reporters last month. There is no arguing that markets have been buoyant since his election thirteen months ago: the S&P 500 index is up 28 percent. But is the president right to credit himself? A wider …

Prominent short seller Carson Block said he’s now targeting China Internet Nationwide Financial Services Inc., a Nasdaq-listed stock that went public in July. The chief … The stock briefly declined on Block’s comments, then pared losses to trade 0.6 percent lower at $38.08 as of 12:12 p.m. in New York.

That’s how much the value of LongFin Corp. surged to after the microcap’s stockrocketed by as much as 2,600 percent since debuting Wednesday. Most of the gains came since Friday, when the company issued a press release saying it bought Ziddu.com, “a blockchain-empowered global micro-lending …

Searches for “stocks” or “equities” — coupled with words or terms such as “expensive,” “cheap” and “should I buy?” — rose this year compared with those for other assets such as bonds and commodities. And no wonder: global equities have been breaking records. Users also ran more searches for stock …

U.S. stocks inched lower for the second consecutive day after Congress passed the largest overhaul of the U.S. tax system in three decades. Wednesday’s pause came as investors debated how much of the bill has already been priced into markets and what impact the changes will have on the economy.

While Seeking Alpha is polluted by so many articles about FAANG, I decided to add another twist to my industry review. Instead of telling you for the millionth time that Facebook (NASDAQ:FB) or Amazon (NASDAQ:AMZN) is a good pick, I’ve looked for companies that will increase their dividend in a strong …