Of The Worlds biggest crypto exchanges explains why its crucial The Worlds biggest economy makes the crypto rules clearer. And well hear from the man overseeing them. The head of the us regulator, the securities and Exchange Commission, explains why hes brought so many lawsuits against crypto firms. Plus, the viability of vaping. The boss of the E Cigarette Firm juul tells us why his business has a long term future, even though he doesnt want any young people taking up the habit. Wherever yourejoining me from around The World, hello, and welcome to the show. The us election is looming large, and there are many issues on voters minds, from inflation and climate change to war in the middle east. But despite all those, one republican senator has said that cryptocurrencies are a defining issue in the run up to november the 5th. And hes not alone in thinking that. The place of one of The Worlds most divisive and consequential technologies in The Worlds biggest economy is at stake, after a y
It pushes the companys valuation to 10 billion. We will hear from the ceo of aurora. With dizzying market rallies, ipos, couldnt we all use some calm . Of all talk to the coceo , valuation has doubled. U. S. Stocks climbing twoway record amid stimulus discussions. Lets get to Abigail Doolittle in new york to break it all down. Walk us through the day. Abigail it turned out to be a bullish reversal at the end of the day. There were pretty steep declines for the major averages. Today, the vaccine was launched. Pfizers vaccine started distribution in the u. K. There were record highs by the afternoon, and nasdaq at another record high. Chewy. Com and gamestop. They put up a pretty strong quarter, they beat estimates. The sixth sales beat in a row. I am not sure what is weighing on them as of this moment. Active customers increased, including myself. The website allows you to order for your pets. The results certainly proved it. Gamestop put up a disappointing quarter, missing sales. The s
Worked so much in the first couple of quarters. We are also expecting our investment ipo tomorrow. It is a very, very busy year for us, all in all. You are looking at health care opportunities. Everybody else seems to be doing that. That is why valuations have skyrocketed. What are you finding and what are you concentrating on within that space in particular . Nisa it is interesting. Board. St across the is, is really interesting when we invested in the first company, the first Vaccine Company to list in hong kong. One of our Companies Went out in hong kong, the first device company. Venus, thepo of whole medical device sector has become hot this year. Seen 25 areas we have Companies Getting funded in china alone. I am not sure about the competition. On the discovery side there is also excitement. Because valuation has grown so much, we would still stay away from very expensive deals. Historically, we have been investing 75 at least. Systematically we have been doing the same thing as
Institute business and Society Program. It is my great pleasure today to welcome to the screen with me two fellow travelers of the business side a program come longtime friends of her work hoosier deep knowledge i would say about both the forces any ideas that influence business decisionmaking. The business and Society Program as a take a look at rogers book, a couple of for visit to fully engage with, think black hawk, but also to shift the mindset of Business Executives, what you believe to be true and what they design their businesses to achieve. Over these goals are in pursuit of Better Business outcomes. Rogers brandnew just released today book, hank you roger for being part of this writing muste a part of this journey, fits squarely in this domain. The book is called when more is not better overcoming americas obsession with economic efficiency. Both alan and roger are known to many of you. Roger martin is professor and former dean of the school of management at the university of
We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove