Tesla shareholders greenlit a 3-for-1 stock split that is poised to take place on Aug 24. Essentially, shareholders will get 2 additional shares for every share of Tesla they hold on the Aug 17 record date, while trading on a split-adjusted basis will start from Aug 25.

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The S&P 500 ended lower on Friday, weighed down by Tesla and other technology-related stocks after a solid jobs report torpedoed recent optimism that the Federal Reserve might let up its aggressive campaign to reign in decades-high inflation.

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Social media giant's bond deal sold in four parts. Longest portion of the offering, a 40-year security, yields 1.65 percentage points above Treasuries. Meta just posted its first year-over-year quarterly revenue decline. Company may be more likely to use the money to significantly bolster its share buybacks. Meta has been using cash to repurchase stock, including $5.1 billion in the second quarter of this year.

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Elliott Discloses it is Pinterest's Largest Shareholder | 2 August 2022 | Daily Morning Note

Alibaba's shares were down 11% at US$89.37 at the closing bell, ending the month 21.4% lower. The e-commerce giant is among more than 270 Chinese companies listed in New York identified as being at risk of delisting under the Holding Foreign Companies Accountable Act (HFCAA). The act aims to address a long-running dispute over the auditing compliance of US-listed Chinese firms.

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Here are some risk management tips you can use to manage your investments and daily life. 

In this episode, one of our top Wealth Managers, Ivan Neo, deconstructs the concepts and ideas that he picked up from his daily life experiences about how emotions and situations can affect our decision-making results in glitches.

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Could the call between US President Joe Biden and Chinese President Xi Jinping help in the lowering of tensions?

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Crypto markets shrugged off Wednesday's Federal Reserve rate hike, continuing their two-day journey upslope. Bitcoin was last trading at about $22,900, up over 8% for the past 24 hours, while Ether was changing hands just above $1,600.

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Cryptocurrency exchange Kraken is being investigated by federal authorities over suspicions that it violated U.S. sanctions. Kraken allowed users in Iran to buy and sell digital assets, according to a new report. Kraken is one of the largest crypto exchanges in the world, offering more than 90 digital tokens in 190 countries.

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