Peter Lynch, the legendary stock picker who ran Fidelity’s market-beating Magellan Fund for 13 years, made a prescient observation in a speech he gave to the National Press Club back in October 7, 1994.
Chinese tech stocks mostly rise as Meituan jumps more than 11% in mixed Asia trading
Shares in Chinese tech firms mostly rose in mixed Asia-Pacific trading on Monday, with oil prices falling more than 3%. By the Hong Kong market close on Monday, shares of Meituan soared 11.56% while Tencent gained 2.81%.
Has the NFT market peaked? Depends on who you ask
Unless over $5 billion in NFT transactions clock in this last week of March — an unlikely feat — the month is going to end on a concerning slide for the non-fungible token market.