Elon Musk has only recently challenged Parag Agrawal, CEO of Twitter, to a public debate. The main topic of the debate would be the bots and their presence on the social media platform. While it is unlikely for the debate to take place, it would be without any doubt a very popular and watched event.

Virgin Galactic shares plunged by more than 19% after US markets opened. This is due to a net loss of $111 million for Q2 this year, missing estimates, and a 36% decline in revenue. The big letdown was another postponement of its commercial space service from 2023's Q1 to Q2.

Amid the huge popularity increase of AMTD Digital (HKD)and growth by more than 10,000% in just weeks, HKD found its peak and is now down by almost 80% from its all-time high level. Beware of higher volatility.

On July 15 of this year, the HKD IPO debuted, and since then, it has had an explosive surge. In fact, since its first public offering, the stock price of AMTD Digital (NYSE: HKD) has increased by more than 10,000%.

CIO of Morgan Stanley, Mike Wilson, has recently stated that the current situation in equities is far from reaching the trend lows. Most of the major indices and individual stocks saw gains after the Fed's decision this week, but Wilson is not impressed. He believes that the "bear market might be close to the end, but needs to have a final move."

The biggest monthly drop in over a year can now be seen when looking at Hong Kong stocks. This is mostly due to major losses of the biggest tech firms in the country. For instance, Tencent, internet gaming and social media giant, has posted losses of over 4.3 %. Hang Seng Tech Index, tracking major tech firms in Hong Kong, lost almost 5 %.

Elon Musk has only recently challenged Parag Agrawal, CEO of Twitter, to a public debate. The main topic of the debate would be the bots and their presence on the social media platform. While it is unlikely for the debate to take place, it would be without any doubt a very popular and watched event.

Fed Governor, Michelle Bowman, has stated recently that the central bank of the United States should keep raising interest rates. Bowman stated that Fed should keep hiking interest rates by 75 bps until they see decline in inflation that is consistent, meaningful and lasting.

Elon Musk, CEO of Tesla, has been a supporter of Dogecoin for quite a while. Tesla has sold most of its bitcoins last quarter, while Elon Musk once again showed that he believes in Dogecoin more than in Bitcoin by claiming that Dogecoin is better at handling lots of transactions than Bitcoin.

Virgin Galactic shares plunged by more than 19% after US markets opened. This is due to a net loss of $111 million for Q2 this year, missing estimates, and a 36% decline in revenue. The big letdown was another postponement of its commercial space service from 2023's Q1 to Q2.

Clients of Pimco, a well-known asset management company, withdrew $29 billion in three months from Bond funds. Interest rate hikes all over the world hit bond markets hard, and clients pulled massive amounts of money as a result.

Amid the huge popularity increase of AMTD Digital (HKD)and growth by more than 10,000% in just weeks, HKD found its peak and is now down by almost 80% from its all-time high level. Beware of higher volatility.