An ugly end

By: Miguel A. Rodriguez

11:30, 19 April 2021

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Ant explores ways for Jack Ma to exit.
  • Ant is exploring options for founder Jack Ma to exit, as the financial technology giant affiliated with #Alibaba is looking for ways he could divest his stake and give up control.
  • #Bitcoin nosedived to three-week lows, puncturing the frenzied speculative bubble built into several alternative cryptocurrencies in the wake of #Coinbase’s recent debut on the #Nasdaq.
  • U.S. technology and growth #stocks have taken the market's reins in recent weeks, pausing a rotation into value shares as investors assess the trajectory of bond yields and upcoming earnings reports.

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