NIO Inc. Unaudited Second Quarter 2023 Financial Results
NIO Inc. announced its unaudited financial results for the second quarter ended June 30, 2023
Crypto investment manager Titan Global Capital Fined for Misleading Crypto Fund Claims
Titan Global Capital Management, fined from the U.S. Securities and Exchange Commission (SEC) over misleading statements and compliance failures. The regulatory body charged Titan with misrepresenting hypothetical performance metrics
PYUSD PayPal Launches U.S. Dollar Stablecoin
PayPal USD (PYUSD) is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed 1:1 for U.S. dollars
Nikola NKLA Announces Preliminary Results of Battery Investigations, Voluntarily Recalls 209 Class 8 Battery-Electric Trucks
Nikola NKLA Announces Preliminary Results of Battery Investigations, Voluntarily Recalls 209 Class 8 Battery-Electric Trucks
NIO delivered 20,462 vehicles in July 2023
NIO Achieved New Record-High Monthly Deliveries. Deliveries of ES6 exceeded 10,000 in July 2023. NIO delivered 20,462 vehicles in July 2023, increasing by 103.6% year-over-year.
SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency
Coinbase also charged for the unregistered offer and sale of securities in connection with its staking-as-a-service program.
Key Events in the Week Ahead 15-21 May 2023
This week investors focus will be on the US retail sales for April which will be released on Tuesday. The industrial production figures will also be released on Tuesday.
Morgan Stanley Wealth Management Pulse Survey Reveals Investors Bullish on AI as Financial Advisor Tool
Wide majority believe AI will be an investing and trading game changer and will help Financial Advisors better serve clients. Most also believe AI will never take the place of human advice
CFTC Orders Goldman Sachs (GS) to Pay $15,000,000 for Violations of Swap Business Conduct Standards
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Goldman Sachs & Co. LLC (Goldman) for violations of the CFTC’s Business Conduct Standards applicable to swap dealers
SEC Charges Crypto Trading Platform Beaxy and its Executives for Operating an Unregistered Exchange, Broker, and Clearing Agency
The Securities and Exchange Commission today charged the crypto asset trading platform beaxy.com (the Beaxy Platform) and its executives for failing to register as a national securities exchange, broker, and clearing agency.
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