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In 2009, long before Jeff Yass became a Republican megadonor, his firm, Susquehanna International Group, invested in a Chinese real estate start-up that boasted a sophisticated search algorithm. Behind the scenes, employees of a Chinese subsidiary of Mr. Yass’s firm were so deeply involved, records show, that they conceived the idea for the company and handpicked its chief executive. They said in one email that he was not the company’s “real founder.”As a real estate venture, 99Fang ultimately fizzled. They say that 99Fang’s chief executive — and the search technology — resurfaced at another Susquehanna venture: ByteDance. ByteDance, the owner of TikTok, is now one of the world’s most highly valued start-ups, worth $225 billion, according to CB Insights, a firm that tracks venture capital.
Persons: Jeff Yass, Republican megadonor, 99Fang, Yass’s, , Zhang Yiming Organizations: Republican, Susquehanna International Group, Mr, Susquehanna Locations: ByteDance
Somehow, thousands of pages of sealed court documents relating to the birth of TikTok’s owner, ByteDance, were mistakenly released by a Pennsylvania court. The documents — emails, chat transcripts and memos — are a fascinating window into ByteDance’s origins. They also tell a new version of the ByteDance origin story, one with fits and starts on the way to becoming one of the world’s most highly valued start-ups. The ByteDance origin story, as we know it, has the ring of Silicon Valley lore. As the story goes, the company’s founder, Zhang Yiming, sketched out the idea on a napkin for an employee of a Susquehanna subsidiary in 2012.
Persons: Jeff Yass, ByteDance, Zhang Yiming Organizations: Susquehanna International Group, Republican, Susquehanna Locations: Pennsylvania
The firm and the foundation are twin enterprises of Republican megadonor Jeff Yass, and a small group of allies. The foundation is run by Yass and other veteran Susquehanna executives, according to the documents that are current through 2022. The Susquehanna Foundation is one of two foundations that Yass and his closest friends have funded and led. The other foundation is even less well known: the Claws Foundation. Similar to Susquehanna, Claws is the charitable arm of one person: Arthur Dantchik, a co-founder of Susquehanna International Group with Yass, is the sole listed donor to Claws Foundation.
Persons: Jeff Yass, Arthur Dantchik, Dantchik, Brendan Fischer, Summer Lee, Donald Trump, Jeffrey Yass Organizations: Republican, Susquehanna Foundation, Susquehanna International Group, Susquehanna, Claws Foundation, Susquehanna International, Sterling Foundation Management, CNBC, Cato Institute, Institute for Justice, Supreme, Atlas Network, Competitive Enterprise, Competitive Enterprise Institute, Susquehanna Growth Equity Fund III, Moderate PAC, Democratic Rep, Politico, Democratic Locations: Yass, Bala Cynwyd, Pennsylvania, Susquehanna, Virginia, Dantchik, Washington, Pitchbook
CNN —Using acetaminophen, the active ingredient in Tylenol, during pregnancy was not associated with increased risk of autism, ADHD or intellectual disability in children, a new study found. “This is a very extensive and well-designed study that found no association between acetaminophen use and neurodevelopmental impairment, including autism and ADHD,” he said. For example, the study found that parents who have neurodevelopmental disorders — which have strong heritability — are also more likely to use pain medications, like acetaminophen, during pregnancy. This relationship might make it seem like children who are exposed to acetaminophen during pregnancy are more likely to develop neurodevelopmental disorders, when, in fact, their increased risk is due to genetics, according to the study. The study found significant differences between birthing parents with higher acetaminophen use and those with lower or no use.
Persons: , ” Dr, Eric Brenner, ” Brenner, , Brenner, Dr, Sanjay Gupta, judiciously, Yalda Afshar Organizations: CNN, Karolinska Institute, Drexel University, Duke University, Food and Drug Administration, European Medicines Agency, Get CNN, CNN Health, FDA, David Geffen School of Medicine, UCLA Locations: Sweden
There is no loneliness epidemic
  + stars: | 2024-04-07 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +17 min
With the report, a steady trickle of headlines about the epidemic turned into a firehose: "Loneliness is at epidemic levels and it's killing Americans" (USA Today); "This Epidemic of Isolation Is as Harmful as Smoking" (Bloomberg); "America's Loneliness Epidemic Comes for the Restaurant" (The Atlantic). There's one problem: The loneliness epidemic doesn't exist. Even the authors caution in their meta-analysis that "the frequently used term 'loneliness epidemic' seems exaggerated." Calling it a "loneliness epidemic," then, may be a bit like calling COVID a "sneezing pandemic." "There are many, many surveys that are just making up questions about loneliness and are not using the UCLA Loneliness Scale or some other validated loneliness scale," she says.
Persons: Vivek Murthy, Murthy, Hillary Clinton, Donald Trump, Sen, Chris Murphy, Ruth, University of Michigan —, Eric Klinenberg, Julianne Holt, it's, Dave Sbarra, Holt, David Riesman, Lunstad, I've, , Sbarra, Klinenberg, Adam Mastroianni, " Mastroianni, Mastroianni, Biden, isn't, Jill Lepore, voicemails, There's, Jerome Adams Organizations: Bloomberg, Business, York, Gallup, University of Michigan, New York University, Brigham Young University, University of Arizona, Bell, University of California Los, Commerce, UCLA, Republican, Democratic Locations: Connecticut, Brooklyn, University of California Los Angeles, America, Washington, DC, COVID
Samsung has lost its edge, analyst says
  + stars: | 2024-04-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSamsung has lost its edge, analyst saysMehdi Hosseini, senior tech hardware analyst of Susquehanna International Group, says Samsung, which "used to be the market leader in innovating for memory, for smartphones, for display," is now only "benefiting from the cycle recovery."
Persons: Mehdi Hosseini Organizations: Samsung, Susquehanna International Group
CNN —Republican Rep. Marjorie Taylor Greene of Georgia is the new boss in town. Greene is intent on blocking funding to Ukraine — a massive blow to both NATO and the US’ own commitment to the post-World War II international order. This standoff demonstrates just how far the Republican Party has moved from the era of Ronald Reagan. Long before Greene, a growing number of Republicans began expressing increased skepticism toward international institutions like the United Nations. With Greene keeping Johnson’s feet to the fire when it comes to aid to Ukraine, the GOP’s revolution is almost complete.
Persons: Julian Zelizer, Marjorie Taylor Greene, Mike Johnson, Johnson, Greene, ” Greene, , we’ve, Ronald Reagan, Mikhail Gorbachev, Russia’s Vladimir Putin, Long, , John Bolton, New York “, Jesse Helms of, George W, Bush, Saddam, Frances’s Jacques Chirac, Donald Trump, Bush’s, Putin, Mitt Romney, Barack Obama, Trump, MAGA Organizations: CNN, Princeton University, The New York Times, America, CNN — Republican, Republican, Ukraine, NATO, Republican Party, Soviet, United Nations, GOP, Republicans, UN, Senate Foreign, Iraq, Trump, Caucus Locations: Marjorie Taylor Greene of Georgia, Ukraine, United, United States, New York, Jesse Helms of North Carolina, Kyoto, Iraq, Russia, Helsinki, America
Marine insurance companies will be on the hook for much of the costs. These insurance companies are backed by insurance companies of their own – a type of business known as a reinsurer. The potential cost of insurance claims from the bridge collapse could be between $1 billion and $3 billion, analysts at Barclays wrote in a note Wednesday. “But other than that, the economic impact of what has happened will be enormous, but not recoverable from the ship,” Davies said. Maryland lawmakers, meanwhile, are drafting an emergency bill to provide income replacement for Port of Baltimore workers impacted by the bridge collapse.
Persons: Baltimore’s Francis Scott Key, , John Miklus, Dali, Brendan Holmes, Miklus, Loretta Worters, Worters, Martin Davies, ” Davies, Joe Biden, Francis Scott Key, it’s, ” Biden, Scott Olson, Davies, Bill Ferguson Organizations: New, New York CNN, American Institute of Marine Underwriters, , Barclays, Grace Ocean, Britannia, Indemnity, International Group, International, CNN, Insurance, Costa, Maritime Law Center, Tulane University, “ Maersk, Federal Highway Administration, Infrastructure Investment, Jobs, Biden, . Workers, Robins, Repair, Port, Maryland Locations: New York, Singapore, Costa Concordia, Italy, Danish, Baltimore , Maryland, Maryland, Baltimore
Read previewThe Francis Scott Key Bridge in Baltimore collapsed on Tuesday after a large container ship ran into it, leading to six presumed deaths and millions of dollars in possible damage. President Joe Biden said on Tuesday the federal government should be responsible for paying to reconstruct the damaged Francis Scott Key Bridge. The Francis Scott Key Bridge, named for Francis Scott Key, the author of the Star Spangled Banner. Drone footage shows aftermath of the Dali container ship's collision into the Francis Scott Key Bridge in Baltimore, Maryland, on March 26, 2024. AdvertisementThe Dali is covered by the Britannia Steam Ship Insurance Association Ltd., known as Britannia P&I Club, according to S&P Global Market Intelligence.
Persons: , Francis Scott Key, It's, Joe Biden, Biden, David MacKenzie, Dali, Ryan Petersen, Petersen, John Miklus, Britannia Organizations: Service, Business, Sky News, Star, Getty Images Baltimore, Maersk, Synergy Group, Anadolu Agency, Reuters, American Institute of Marine Underwriters, Insurance, Britannia Steam Ship Insurance Association Ltd, P Global Market Intelligence, International Group Locations: Baltimore, Dali, Singapore, Baltimore , Maryland, Britannia, London
Huge insurance claims are expected after the Dali collided with a major bridge on Tuesday. The claims could be on par with the $1.5 billion from the Costa Concordia disaster, an expert told Insurance Business. AdvertisementThe marine insurance industry is bracing for huge claims from Tuesday's Baltimore bridge disaster. AdvertisementThe marine insurance and reinsurance markets are likely to foot most of the bills, S&P Global reported on Tuesday. The Baltimore bridge itself is insured by insurance giant Chubb, per Insurance Insider.
Persons: Dali, , Francis Scott Key, John Miklus, Miklus, Costa Concordia's, You've, Cintia Nazima, Chubb, SCOR Organizations: Business, Insurance, Service, American Institute of Marine Underwriters, Costa Concordia, Maryland Transportation Authority, Wall, P Global, Britannia Locations: Costa Concordia, Tuesday's Baltimore, Costa, Italy, Baltimore, Dali's Baltimore, Britannia, London, Suez
Read previewFormer President Donald Trump is a publicly tradeable asset once again. Trump's initials are one of the new stock symbols for Truth Social's parent company. Symbols can range from the fairly obvious APPL (Apple) to the playful, motorcycle maker Harley-Davidson uses HOG on the New York Stock Exchange. Trump's political fortunes will be closely tied to Truth Social's parent, Trump Media & Technology Group. By 2004, the company was delisted from the New York Stock Exchange after filing for Chapter 11 bankruptcy protection.
Persons: , Donald Trump, Davidson, Trump, It's, Jeffrey Yass, Donald Trump Jr Organizations: Service, Nasdaq, New York Stock Exchange, Business, Trump Media & Technology Group, Trump Media, Susquehanna International Group, New York Times, Biden, Susquehanna, Trump Hotels, Casino Resorts, Atlantic Locations: Yass
The U.S. Investors Caught in the Scrum Over TikTok
  + stars: | 2024-03-26 | by ( Lauren Hirsch | ) www.nytimes.com   time to read: +1 min
For years, the U.S. investors who backed ByteDance, the Chinese internet company that owns TikTok, have wrestled with the complexities of owning a piece of a geopolitically fraught social media app. A bill to force ByteDance to sell TikTok is winding its way through the Senate after sailing through the House this month. In December, a Missouri pension board voted to divest from some Chinese investments, following political pressure from the state treasurer. The Beijing-based company has grown into one of the world’s most highly valued start-ups, worth $225 billion, according to CB Insights. That’s a boon, at least on paper, for U.S. investors who put money into ByteDance when it was a smaller company.
Persons: it’s, ByteDance, Biden Organizations: Senate, General Atlantic, Susquehanna International Group, Sequoia Capital, Administration, U.S Locations: U.S, China, Missouri, Florida, Beijing, ByteDance
In the meantime, he’s also trying to sell “God Bless the USA” Bibles via his social media platform Truth Social for $59.99. )”A history of bankruptcyAnother note of caution for investors in DJT should the history of the last company Trump took public. Trump’s casino company also went by the ticker DJT, but on the New York Stock Exchange between 1995 and 2004, when it went bankrupt and was delisted. None of that has stopped what some experts have referred to as a bubble forming around the Trump Media & Technology Group. Susquehanna International Group did not return a request for comment about the company’s stake in Trump Media & Technology Group.
Persons: , Donald John Trump, he’s, CNN’s Matt Egan, , Kara Swisher, Laura Coates, Egan, Reddit, Trump, Daniel Dale, Jeff Yass, Jordan Libowitz, ” Libowitz, Kedric Payne, ” Payne, can’t, weren’t Organizations: CNN, Nasdaq, Trump, “ Trump Media, Trump Media, New York Stock Exchange, Trump Media & Technology, NYSE, GameStop, AMC, Susquehanna International Group, Yass ., Yass . Susquehanna International Group, Trump Media & Technology Group, Supreme, DC, Trump Organization, New York Times Locations: United States, New York, DJT, Trump’s, ByteDance, TikTok, Yass, Trump, Yass . Susquehanna, Washington, Saudi Arabia, Qatar, DC
The shift in the volume of freight being moved from the East Coast to the West Coast was first highlighted in February in the ITS Port Rail Ramp Freight Index. He said the disruptions from the Suez Canal and Panama Canal have contributed to an almost 20% increase into the West Coast ports. "For our ports, transloading containers is always going to happen and we have the capacity to do more." The West Coast container volume rebound will also have a ceiling. "We probably don't get to the historical 10-year levels of West Coast market share versus East Coast share," Chan said.
Persons: Michael Aldwell, Kuehne + Nagel, Chris Sikora, CH Robinson, Sikora, Tim Robertson, transloading, Paul Brashier, We're, Brashier, Bryan Kempisty, Matt Schrap, Bruce Chan, Chan, CH, Bascome Majors, J.B, Hunt, Schneider, JB Hunt, Jason Seidl, Knight, Swift, Seidl, Larry Organizations: Getty, U.S, Logistics, CNBC, Kuehne, Transportation Intelligence, . Logistics, DHL Global, ITS, Rail, ITS Logistics, Department of Transportation's, PortX Logistics, Harbor Trucking, J.B, Susquehanna International Group, Hub Group, Schneider, Union Pacific, Cowen Group, Universal Logistics Holdings, East, International Longshoremen's Association, Surface Transportation, Canadian Pacific, Kansas City Southern, Uber, Uber Technologies Locations: West Coast, East Coast, Panama, East, Red, Gulf, transload, transloading, West, Suez, Hunt, CH Robinson, Sea, Mexico, Kansas, Mobile , Alabama, Coatzacoalcos, Veracruz, Gulf of Mexico
Jeff Yass, the billionaire Wall Street financier and Republican megadonor who is a major investor in the parent company of TikTok, was also the biggest institutional shareholder of the shell company that recently merged with former President Donald J. Trump’s social media company. A December regulatory filing showed that Mr. Yass’s trading firm, Susquehanna International Group, owned about 2 percent of Digital World Acquisition Corp., which merged with Trump Media & Technology Group on Friday. It’s unclear if Susquehanna still owns those shares, because big investors disclose their holdings to regulators only periodically. But if it did retain its stake, Mr. Yass’s firm would become one of Trump Media’s larger institutional shareholders when it begins trading this week following the merger. Shares of Digital World have surged about 140 percent this year as the merger with the parent company of Truth Social, Mr. Trump’s social media platform, drew closer and Mr. Trump became the presumptive Republican nominee for president.
Persons: Jeff Yass, Republican megadonor, Donald J, Trump Organizations: Wall Street, Republican, Susquehanna International Group, Trump Media & Technology Group, Susquehanna, Trump, Truth
Hong Kong on Tuesday passed national security laws at the behest of Beijing, thwarting decades of public resistance in a move that critics say will strike a lasting blow to the partial autonomy the city had been promised by China. The new legislation, which was passed with extraordinary speed, grants the authorities even more powers to crack down on opposition to Beijing and the Hong Kong government, establishing penalties — including life imprisonment — for political crimes like treason and insurrection, which are vaguely defined. It also targets offenses like “external interference” and the theft of state secrets, creating potential risks for multinational companies and international groups operating in the Asian financial center. Many of the opposition figures who might have challenged the legislation have either been jailed or have gone into exile since China’s ruling Communist Party, under Xi Jinping, its most powerful leader in decades, imposed the first national security law, in 2020. That law gave the authorities a powerful tool to quash dissent after months of antigovernment demonstrations engulfed the city in 2019.
Persons: , Hong, China’s, Xi Jinping Organizations: Hong, Communist Party Locations: Hong Kong, Beijing, China
TikTok: Is it really Chinese?
  + stars: | 2024-03-18 | by ( Laura He | ) edition.cnn.com   time to read: +8 min
Is TikTok Chinese? In March 2023, CEO Chew was repeatedly pressed by US lawmakers on whether TikTok was Chinese. According to TikTok’s own website, its subsidiaries around the world are all structured under Bytedance Ltd.Is ByteDance Chinese? At last year’s congressional hearing, Chew didn’t directly answer any questions about whether ByteDance is a Chinese company either. That means the Chinese government now owns 1% of Beijing Douyin Information Service, which is the domestic Chinese unit of Bytedance.
Persons: TikTok, Shou Chew, Trump, Chew, Jose Luis Magana, Musical.ly, TikTok’s, ByteDance, Zhang Yiming, Liang Rubo, Zhang, Liang, Jinri, Chew didn’t, Shannon Stapleton, Zhang Fuping, Xi Jinping, Wu Shugang, Shu Yuting Organizations: Hong Kong CNN, TikTok LLC, TikTok Ltd, ByteDance Ltd, Bytedance Ltd, Tianjin’s Nankai University, ByteDance, Carlyle Group, General Atlantic, Susquehanna International Group, Reuters, Communist, Cyberspace Administration, Beijing Douyin Information Service, Chinese Communist Party, National Intelligence Law, Commerce Ministry Locations: China, Hong Kong, United States, Beijing, California, Los Angles, Singapore, Delaware, Culver City , California, Cayman Islands, Shanghai, Chinese, TikTok
What’s next for ByteDance’s U.S. investors? DealBook has spoken with people in the know about what these investors, including financial giants like the Susquehanna International Group, can do, with billions of dollars on the line. Mnuchin, a former Treasury secretary, told Andrew on CNBC on Thursday that he was in talks with a “combination of U.S. investors” about a TikTok deal. He added that he had spoken with some of the investors in ByteDance, TikTok’s Chinese parent, about possibly rolling over their stake. of the video game giant Activision Blizzard, also reportedly has been looking for potential partners for a bid.
Persons: What’s, , DealBook, Steven Mnuchin, Andrew, Bill Ford, Bobby Kotick Organizations: ByteDance’s U.S, U.S, Susquehanna International Group, CNBC, Activision Locations: Beijing, China, ByteDance
A TikTok ban just got one step closer
  + stars: | 2024-03-13 | by ( Madison Hall | ) www.businessinsider.com   time to read: +2 min
The House of Representatives just passed a bipartisan-introduced bill "banning" TikTok. Though commonly referred to as a TikTok "ban," the legislation doesn't entirely outlaw the app from being available in the country. Several senators — Republicans and Democrats alike — have voiced concerns in recent weeks because the bill mentions TikTok and ByteDance by name. According to Bloomberg, TikTok CEO Shou Chew personally lobbied against the legislation during a visit to the Capitol on Tuesday. "This legislation has a predetermined outcome: a total ban of TikTok in the United States," a spokesperson for the company said.
Persons: Biden, , Joe Biden's, Joe Biden, Donald Trump, Trump, Jeff Yass, it's, Shou Chew Organizations: Service, Susquehanna International Group, — Republicans, Democrats, Bloomberg, Capitol Locations: Florida, United States
A bipartisan group of representatives introduced a bill on March 5 to effectively ban TikTok. The House is set to vote on the legislation on Wednesday, where it's expected to pass. The bill has faced criticism from advocacy groups, TikTok fans, and former President Donald Trump. AdvertisementThe House of Representatives is set to vote Wednesday on a bipartisan-supported bill that could decide the future of TikTok. If this bill or a similar one passes through Congress, President Joe Biden has already said he'll sign it into law.
Persons: Donald Trump, , Mike Gallagher, Raja, " Gallagher, we've, Zuckerschmuck, ByteDance, Jeff Yass, GOP Sen, Todd Young, Joe Biden Organizations: Service, Facebook, Susquehanna International Group, Trump, New York Times, Republican, Democratic, GOP, Center for Democracy & Technology, American Civil Liberties Union, Electronic Frontier Foundation Locations: United States, TikTok, Yass, Congress
Yass co-founded the Philadelphia-based trading firm Susquehanna International Group, which owns a 15% stake in TikTok's China-based parent company, ByteDance. Yass' investment is under threat today, and the typically press-shy billionaire is taking fire from both the left and the right. "This would be a nightmare for Yass, given the major investment in TikTok, if a forced ban hit the company under the Biden administration," Ives said. Today, at least 150 million Americans use TikTok regularly, according to company data. The company has said it stores U.S. users' data securely and rejects the idea that it poses a threat to national security.
Persons: Jeff Yass, Yass, Donald Trump, ByteDance, Joe Biden, Dan Ives, Biden, Ives, TikTok, Chip Roy, Shou Zi Chew Organizations: Susquehanna International Group, TikTok, Wedbush Securities, Susquehanna, NBC, Capitol Locations: TikTok, Washington, Yass, Philadelphia, TikTok's China, bankrolling, ByteDance, Beijing, Texas
Trump's change of heart came days after he met with a billionaire investor with 15% stake in TikTok. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRepublican former President Donald Trump recently said he is against banning Tiktok, a reversal from his previous position. His comments came just days after meeting with a billionaire GOP donor with a large stake in the company. In his interview with CNBC on Monday morning, Trump denied talking to Yass about TikTok.
Persons: Trump, ByteDance, , Donald Trump, Zuckerschmuck, Jeff Yass, Biden, Kellyanne Conway Organizations: Service, Republican, Truth, Facebook, CNBC, US Treasury, Politico, Breakers, New York Times, Trump, Susquehanna International Group, Growth, GOP, Philadelphia Inquirer, Trump Administration, for Growth, Trump White House Locations: TikTok, Palm Beach , Florida, Yass
A onetime commodities backwater, congestion trading has become a growing business in recent years as the demand for electricity and volatility on the power grid in the US has soared. The financial category, which includes specialized power-trading companies, banks, hedge funds, and large proprietary trading firms, dominates the market, in part because the physical power firms typically operate in only one or two regions. He launched three congestion trading teams for the firm, including in California and Texas after those states introduced congestion trading in 2008 and 2010, respectively. Citadel, along with Susquehanna International Group and Tower Research, has been involved in FTR trading since the market's infancy. Volatility has been increasing on the power grid, in part because of changing weather patterns, Jeev added.
Persons: Kumar Jeev, Jane Street, Richard Roseblade, who's, There's, Roseblade, Bill Clark, Jeev, DC Energy's Tyler Kuhn, DRW, California Al Seib, Brevan Howard, Jane, Stephanie Staska, Staska, couldn't, Joe Biden's, It's, Meredith Angwin, Angwin Organizations: Business, Capital, Midwest, Citadel, Tower Research, Yes Energy, Energy, Anadolu, Getty, Federal Energy Regulatory Commission, FERC, Nasdaq, York Stock Exchange, Nvidia, Johns Hopkins University, DC Energy, Wayfair, Squarepoint, Appian, Boston Energy, Susquehanna International Group, DC, Bloomberg, Commodities, Traders, Wall Street, Workers, GreenHat Energy, JPMorgan, Hill Energy Resource & Services, P, Grid, & $ Locations: Wall, East Coast, DRW, Susquehanna, FTRs, New York, Canada, Texas, Virginia, California, Berlin, Chicago, Oregon, California Al, Ukraine, Russian, Uri, Northern Virginia
Brit Awards 2024: See who won
  + stars: | 2024-03-01 | by ( Dan Heching | ) edition.cnn.com   time to read: +4 min
English singer-songwriter RAYE leads the contenders and has the most nominations ever at the Brits, with seven. RAYE also already won the songwriter of the year award ahead of the ceremony. In the best new artist category, RAYE is joined by Mahalia, Olivia Dean, PinkPantheress and Yussef Dayes. Frank Hoensch/Redferns/Getty ImagesThe Brit Awards event, taking place at the O2 Arena in London, is being hosted by Maya Jama, Roman Kemp and Clara Amfo. Announced performers set to take the stage include Dua Lipa, Kylie Minogue, RAYE, Tate McRae, Jungle and more.
Persons: RAYE, Blues ”, Arlo Parks, Jessie Ware, Little Simz, Olivia Dean, PinkPantheress, Dayes, Rachel Agatha Keen, Frank Hoensch, Maya Jama, Roman Kemp, Clara Amfo, Kylie Minogue, Tate McRae, Minogue, Calvin Harris, Ellie Goulding, , ” Cassio, Raye, Central, Ed Sheeran, Hus, Drake, Kenya Grace, ” Lewis Capaldi, ” RAYE, Rudimental, Charlotte Plank, Debbie, Ella Henderson, Goddard, Darren ” J Hus, Mahalia Olivia Dean PinkPantheress RAYE, Yussef Dayes, Damien Meyer, J Hus Jessie Ware Little, Olivia Dean RAYE, Helle Arensbak, Ritzau Scanpix, Barry Can’t, Becky Hill Calvin Harris, Fred, Romy R, Cleo Sol Jorja Smith Mahalia RAYE, Calvin Harris Charli, Olivia Dean RAYE Hip, Cee Dave J Hus, Simz Calvin Harris, David Becker, Caroline Polachek CMAT Kylie Minogue Lana Del Rey Miley Cyrus Olivia Rodrigo SZA, Taylor Swift, Billie Eilish, ” David Kushner, ” Meghan Trainor, Miley Cyrus, Noah Kahan, Oliver Tree, Robin Schulz, Olivia Rodrigo, Peggy Gou, Bill ” Tate McCrae, Baser Sekou Organizations: CNN, Blues, Dua, Mahalia, O2, “ Prada, , Getty, Arlo, Cee, Olivia Dean RAYE Group, Young, International Group, Foo, Pop Locations: United Kingdom, London, Dua Lipa, Dua, Kenya, France, Cee Dua, Aarhus, Denmark, AFP
"That's just created this once-in-a-decade momentum," said Mehdi Hosseini, an equity research analyst covering the stock at Susquehanna International Group. While the company posted robust results and guidance, analysts have cast doubt over the magnitude of recent stock moves, which include a 48% post-earnings rally and a 19% drop during Tuesday's session. ARM mountain 2024-02-08 Arm since reporting earnings One key factor at play is the limited number of shares in the marketplace. Traders typically buy shares short as a bet that the price of an asset will fall. The unwavering excitement around AI that's driven an investing frenzy over the last year may also be a factor at play with Arm.
Persons: That's, Mehdi Hosseini, Needham, Charles Shi, Ryuta Makino, there's, SoftBank, Hosseini, Shi Organizations: Holdings, Susquehanna International Group, Apple, Nvidia, Devices, ARM, GAMCO Investors, Retail, Tesla, Vanda Research, Partners, Traders
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