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NYSE:CHU 10 February 2025

Internet Access in China

Internet Access in China

China had 1.09 billion internet users by end-2023, with over 99% on mobile. State-owned ISPs—China Telecom, China Unicom, and China Mobile—control regional access and backbone networks. All international traffic passes through three government-run gateways, slowing foreign site access. The Great Firewall blocks major foreign platforms and censors content; VPN use is tightly restricted.
10 February 2025
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Stock Market Today

  • Meyer Wilson Werning Probes Forge Securities Over Pre-IPO Fraud Claims
    March 12, 2026, 12:07 PM EDT. Meyer Wilson Werning, a national investor protection law firm, has opened an investigation into Forge Securities LLC following allegations it directed investors into a federally indicted pre-IPO fraud scheme. The fraud involved Sestante Capital LLC's managing partner Giovanni Pennetta, charged with securities and wire fraud related to fake pre-IPO shares in Anduril Industries, a private defense tech firm valued at $30 billion. The probe focuses on whether Forge Securities brokers complied with Regulation Best Interest, which mandates brokers to act in clients' best interests. The U.S. SEC has emphasized pre-IPO fraud enforcement, uncovering fraudulent schemes totaling over $700 million recently. Investors affected through Forge-linked brokers may seek recovery through Meyer Wilson Werning on a contingency basis.

Latest article

Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

12 March 2026
Opendoor Technologies shares dropped 6% to $4.94 in late-morning Nasdaq trading Thursday after opening at $5.19. The decline followed weaker U.S. housing starts and a delay in expected Fed rate cuts, with the Nasdaq Composite down 1.38%. Opendoor reported a $1.1 billion net loss for 2025 and ended the year holding 2,867 homes worth $925 million. Peers Zillow and Offerpad also traded lower.
Blue Owl Capital Inc. Stock Price Slides Again as Private-Credit Valuation Fears Deepen

Blue Owl Capital Inc. Stock Price Slides Again as Private-Credit Valuation Fears Deepen

12 March 2026
Blue Owl Capital shares fell about 1% to $8.94 Thursday after Glendon Capital challenged valuations in one of its largest funds, according to Reuters. The drop followed reports of rising investor skepticism across the private-credit sector, with BDCs now trading at an average 78 cents on the dollar. Blue Owl has denied claims of hidden losses. Morgan Stanley, Blackstone, and KKR have also reported increased redemption requests.
Navitas Semiconductor Stock Slides After 25% Surge as AI Data-Center Chip Launch, CFO Hire Stir Volatility

Navitas Semiconductor Stock Slides After 25% Surge as AI Data-Center Chip Launch, CFO Hire Stir Volatility

12 March 2026
Navitas Semiconductor shares fell 7% to $10.06 Thursday morning after a 24.9% surge the previous session, following news of a new AI data-center chip package and the appointment of Tonya Stevens as CFO. Fourth-quarter revenue dropped to $7.3 million from $18 million a year earlier, with a $41.4 million operating loss. The company expects first-quarter sales of $8.0–$8.5 million.
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