YuanshengResearch
Member Login
MARKET BRIEFINGS

Market Briefings

Market developments, company updates and economic policy. Stay informed with reporting from connected financial sources.

Browse the news
Latest coverage

All news

Last updated:
The Guardian Business
FinanceEN-GB

California voters fail to pass proposed one-time tax on billionaires’ wealth

Campaign over Prop 40, as measure was known, was most expensive in state history, flush with Silicon Valley dollars California billionaires won a contentious ballot measure campaign, defeating a proposed one-time tax on their wealth. The bruising campaign over Proposition 40 was the most expensive in state history and witness to back-and-forth dealing from tech billionaires and democratic leaders, including Gavin Newsom, the governor, who steadfastly opposed the measure. Continue reading...

Read article
people outside holding signs saying 'billionaire tax now'
The Guardian Business
FinanceEN-GB

Tom Brady ends tenure as investor in Birmingham City after three years

Former NFL quarterback invested in 2023 Club did not give a reason for Brady’s departure Tom Brady has ended his three-year involvement as a ⁠minority investor in Birmingham City, the English second-tier club said on Monday, ⁠thanking the seven-times ⁠Super ​Bowl champion for his support. “Birmingham City Football Club expresses its sincere gratitude ⁠to Tom Brady for his involvement with and unwavering support for the club ⁠over the last three years,” the Championship side ​said in a ‌statement. Continue reading...

Read article
Tom Brady in sunglasses and a trench coat smiles inside an empty football stadium
The Guardian Business
FinanceEN-GB

Silicon Valley and Trump rally behind Nvidia CEO after his affair with alleged Chinese spy

Elon Musk and other finance moguls defend Jensen Huang after he admitted to the affair, as Trump says FBI ‘is looking into it’ Nvidia’s board needs to do some succession planning – sharpish Donald Trump, Elon Musk and prominent finance moguls have expressed their support for embattled Nvidia CEO Jensen Huang, as the head of the world’s most valuable chip company faces an internal investigation over a romantic relationship with an alleged Chinese spy. Trump said he has spoken to Huang on Monday as the scandal reverberated across Silicon Valley and the Nvidia CEO faced an uncertain future. Continue reading...

Read article
a man points while standing next to Donald Trump
The Guardian Business
FinanceEN-GB

Paul McCartney becomes a billionaire and world’s third richest musician

According to a new analysis by Forbes, the former Beatle now has a net worth of $1.4bn, placing him behind Jay-Z and Taylor Swift Paul McCartney has joined the ranks of the world’s billionaires. Forbes has valued the former Beatle’s net worth at $1.4bn (£1.04bn), making him the world’s third richest musician behind Jay-Z at $2.8bn (£2.01bn) and Taylor Swift at $2bn (£1.49bn). The magazine attributed McCartney’s wealth to his musical catalog, legal maneuvers, tours and art collection. The 84-year-old derives the bulk of his fortune from MPL Communications, the publishing company he founded in 1969 that manages his own catalog and those of other artists. Continue reading...

Read article
Paul McCartney in 2026
The Guardian Business
FinanceEN-GB

Jensen Huang’s image has been shattered. Could he be pushed out at Nvidia?

Huang built Nvidia as a family business but after the co-founder had an affair with an alleged Chinese spy, its board faces a difficult decision For more than 30 years, Jensen Huang has been the seemingly unshakable public face of Nvidia. He co-founded the company as a young engineer in 1993 and oversaw its growth into a multitrillion dollar chipmaker and bellwether of the AI industry at large. He’s also made it a family business. His children, Madison and Spencer, have taken leadership roles at the firm. While not a company executive, his wife, Lori Mills Huang, leads the family foundation which, as of 2024, controls over 60m Nvidia shares. Continue reading...

Read article
Video from 2025 shows Nvidia CEO Jensen Huang with woman amid spy allegation
The Guardian Business
FinanceEN-GB

Nvidia’s value tumbles by $330bn after ‘honeytrap’ investigation launched, as China denies spying claims – business live

Shares in world’s most valuable company hit seven-month low after CEO Huang admits to affair, after allegations of relationship with Chinese spy Silicon Valley and Trump rally behind Nvidia CEO after his affair with alleged Chinese spy Who is Alice Huang, the woman linked to Nvidia’s CEO? The AI poster boy, the ‘Chinese spy’ and Trump: how an affair may have harmed US security Huang is receiving support from some fellow tech executives, including Elon Musk. Musk commented “I agree” on a post by ​Sequoia partner Shaun Maguire that said Huang “did something incredibly dumb” that was “bad for America” but that “Jensen is irreplaceable for America’s AI leadership”. “While Nvidia has sought to reassure us all, ​there are several layers here, beginning with the unfortunate timing. “For example: The company is systemically important for tech, markets and the economy; Investors tend to struggle to price in key-person and governance issues; and there are fluid national security and geopolitical dynamics.” Continue reading...

Read article
Video from 2025 shows Nvidia CEO Jensen Huang with woman amid spy allegation
The Guardian Business
FinanceEN-GB

The AI poster boy, the ‘Chinese spy’ and Trump: how an affair may have harmed US security

Jensen Huang’s close relationship with president means Nvidia CEO’s affair with woman alleged to be working for Beijing is under intense scrutiny A hand on the back, a kiss on the cheek; the footage of Alice Huang’s interaction with Jensen Huang in a Taipei venue last year does not seem particularly remarkable at first glance. But the Nvidia chief executive’s revelation on Sunday that he had an affair with Ms Huang has given it new significance. Continue reading...

Read article
Alice Huang stands near Nvidia CEO Jensen Huang in a wood-panelled restaurant
The Guardian Business
FinanceEN-GB

The French fridge hacks were relatively unsophisticated. An AI-enabled attack would raise the stakes

‘Not particularly complex’ defrosting hack has been attributed to Iran, with presumption it is linked to others across Europe Iranian hackers like to send a message. In 2023 a state-backed group interrupted TV streaming services in the United Arab Emirates to broadcast a deepfake report on the war in Gaza. In the same year, hackers affiliated with Iran displayed the slogan “down with Israel” on the screens of water-control equipment made by an Israeli firm. Continue reading...

Read article
Empty refrigerators at an Intermarche supermarket in Paris the day after the cyberattack. A sign on one says: important information. Our shop has been hacked.
The Guardian Business
FinanceEN-GB

Boeing to cut about 5% of its commercial plane workforce

Company will cut jobs through a mix of layoffs and attrition as it moderates the pace of ramping up jet production Boeing will cut about 5% of its commercial plane workforce as it moderates the pace of ramping up jet production, the company said on Monday. The company will eliminate the posts through a mix of layoffs and attrition because of a slower ramp-up to “provide our factories and supply chain partners additional time to achieve stability”, said a message to employees from Boeing commercial chief Stephanie Pope. Continue reading...

Read article
A large Boeing sign tops a building, above a mural of a red aircraft fuselage
The Guardian Business
FinanceEN-GB

The Guardian view on Jensen Huang’s affair: why did Trump ignore the warnings? | Editorial

The AI chip boss’s actions raise urgent questions about corporate influence, national security and the US president’s willingness to listen to intelligence warnings It could be the plot of a spy thriller. One of the most powerful figures in the AI revolution admitted to having an affair with a Chinese businesswomen said to have passed intelligence to Beijing. When Donald Trump was briefed about the Nvidia co-founder Jensen Huang’s liaisons with Alice Huang, he took no action. Perhaps he thought only marriage vows had been broken. Or perhaps Mr Trump was willing to overlook the conduct of a friend who championed his unpopular datacentre expansion, whose company donated to his White House ballroom and who echoed his opposition to AI safeguards against expert advice. Nvidia became the cornerstone of AI by supplying brute computing power. As tech giants scrambled for the firm’s graphics processing units (GPUs), Mr Huang sold the picks and shovels for the AI gold rush – and amassed a $160bn fortune. When China joined the race for tech supremacy, Nvidia’s microchips became a national security issue. In October 2022, the US slapped export controls on GPU sales to China. Thirty months later, Nvidia was effectively banned from selling to Beijing. Mr Huang lobbied for looser controls. Such was his sway with Mr Trump that the White House scrapped Biden-era global AI chip restrictions and then permitted sales of Nvidia’s prized H200 processors to Chinese customers. Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...

Read article
Donald Trump stands with Jensen Huang after presenting him with a national medal of science at the Science: A New Golden Age summit in October.
The Guardian Business
FinanceEN-GB

High fossil fuel prices spread inflation ‘like a cancer’, UN climate chief tells Cop31

Simon Stiell makes opening address at summit in Turkey, where talks are under way about speeding up shift to electrification A global fossil fuel price crisis is “spreading inflation like a cancer” around the planet, the UN’s climate chief, Simon Stiell, told the opening plenary of critical UN climate talks in Turkey. Stiell joined Cop31 hosts Turkey and Australia, which is leading the negotiations, in promoting renewable energy and a new electrification goal as an optimistic alternative to a planet still tied to oil, coal and gas. Continue reading...

Read article
A worker at the Zubair oil and gas field in Iraq
The Guardian Business
FinanceEN-GB

How to get the buzz back on Britain’s high streets | Letters

Readers respond to an article about the decline of town centres Sammy Gecsoyler’s report from Rotherham (‘It’s just vape shops, nail shops, charity shops’: can anything save the British high street?, 4 November) tells the story in its dates. One out-of-town retail park in Britain in 1981; 385 by 1996. Parkgate opened in 1987 and MPs warned that it would disembowel towns and villages. It did. Rotherham town centre is now 24% vacant, while retail park vacancy nationally sits at 4.8%. That is not a mystery. It is 40 years of planning policy. We have since gone one step further by making home delivery cheaper than retail parks. Up to 3bn parcels a year now land on British doorsteps and not one of them passes through a town centre. Continue reading...

Read article
Hastings
The Guardian Business
FinanceEN-GB

Nvidia’s board needs to do some succession planning – sharpish | Nils Pratley

The chipmaker faces business risks and political scrutiny due to its over-reliance on founder and CEO Jensen Huang Why is Nvidia’s Jensen Huang at the centre of a US-China row? Too big – and too well-connected – to sack? One doesn’t have to be overly cynical to think Jensen Huang, the Nvidia boss, starts with one huge advantage as the chipmaker’s board starts its independent investigation into the alleged honeytrap spy scandal. The world of US big tech is not, to put it mildly, strong on checks and balances on a founder’s power. Huang does not enjoy the supercharged voting rights that are par for the course elsewhere – his shareholding is a plain vanilla 3.6%. On the other hand, Nvidia’s board does not appear to have spent much time worrying about succession planning and “key person risk” or other standard concerns of corporate governance wonks outside the US. Continue reading...

Read article
Nvidia CEO Jensen Huang speaks at the Invest in Germany Summit in Berlin
The Guardian Business
FinanceEN-GB

I wrote Labour’s Brexit red lines. This is why it’s time to scrap them | Chris Ward

The world has moved on since 2020 – in uncertain times, closer ties to Europe are the best way to peace and security Chris Ward is Labour MP for Brighton Kemptown and Peacehaven If offering the public some “breathing space” in the cost of living crisis was the mantra of last month’s budget, the political space it created to revisit our relationship with the European Union may prove more defining. I’ve spent what feels like much of the past decade immersed in the Brexit debate – first as an adviser, then helping to craft the red lines that shaped Labour’s 2024 manifesto, and latterly as a Cabinet Office minister working on the EU-reset. In truth, the discussions we have had as a country and within my party on this issue have not really moved on since the moment we left on 31 January 2020. Chris Ward is Labour MP for Brighton Kemptown and Peacehaven Continue reading...

Read article
A march in London marking 10 years since Britain voted to leave the EU, 20 June 2026.
Yuansheng Research

Make financial information more transparent. Bring technology closer to every investor.

YouTube

Investing involves risk and markets fluctuate. AI analysis on this site is for reference only; it is not investment advice and does not guarantee returns. News, market data, member access and model services are subject to the live product.

© 2024 Yuansheng Research