From FANG, to FAANG+ and FAANMG, Wall Street's favorite acronym is getting a little complicated.. If Cathie Wood wanted to gloat and say her investing philosophy has been vindicated, she could probably get away with it.Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year and targets a valuation of more than $200 billion, said two sources with knowledge of the matter. Canadian and U.S.
cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and misinformation, with more such action expected.Credit Suisse wants to raise its China securities joint venture stake to 100% and increase its market share after getting the regulatory green light to take a majority holding, the head of its Asia business said.In Europe stocks are down.
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