Wang Ning’s $20B Surge as Labubu Mania Powers Pop Mart

Reading Time : 2 minutesWang Ning, the visionary behind Pop Mart, has turned a viral toy craze into a staggering fortune. The Labubu dolls, now a
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Reading Time : 2 minutesWang Ning, the visionary behind Pop Mart, has turned a viral toy craze into a staggering fortune. The Labubu dolls, now a
Reading Time : 2 minutesBerkshire Hathaway sold another 20 million Apple shares in Q2 2025, continuing its streak as a net seller for the eleventh quarter. With nearly 280 million shares still held and cash reserves climbing to $344 billion, the move reflects discipline, caution, and a strategy of keeping flexibility while maintaining Apple as its strongest equity position.
Reading Time : 2 minutes American Eagle’s stock surged 24% after Donald Trump praised a new ad featuring Sydney Sweeney. The campaign’s viral success and controversy sparked retail investor buzz, momentarily reversing the brand’s recent market decline.
Reading Time : 2 minutesBrad Pitt’s F1 movie has roared past $500 million globally, marking a huge milestone. Despite its strong performance, the film hasn’t hit profitability yet, with a massive break-even point looming near $600 million.
Reading Time : 2 minutesIntel’s new CEO Lip-Bu Tan delivers unprecedented honesty about the company’s fall from grace, admitting Intel is no longer among the top 10 semiconductor companies and has missed the AI revolution entirely, marking a dramatic transformation for the former industry leader.
Reading Time : 2 minutes Former UK Prime Minister Rishi Sunak has rejoined Goldman Sachs as a senior advisor, marking his return to high finance. The position focuses on global economics, geopolitics, and mentoring. Sunak’s salary will be donated to charity, and restrictions are in place to prevent conflicts of interest. He continues to serve as an MP during this new role.
Reading Time : 2 minutesPresident Trump claims a deal to transfer TikTok’s U.S. operations to American ownership is near, with talks possibly starting soon. Despite China’s vague response, the deal aligns with U.S. laws limiting ByteDance’s stake. Tensions from recent tariffs and extended deadlines highlight the ongoing U.S.-China trade disputes affecting TikTok’s future.
Reading Time : 2 minutesElon Musk’s xAI secured a massive $10 billion funding round, significantly boosting its competitive stance in the AI sector. This capital, split between debt and equity, will fuel the expansion of its AI infrastructure, including the Grok platform and a colossal Memphis supercomputer with 1 million Nvidia GPUs. This highlights the escalating “AI arms race” and xAI’s aggressive push to lead the next generation of artificial intelligence.
Reading Time : 2 minutesJeff Bezos is cozying up to Donald Trump after a Musk fallout, aiming to win NASA and defense contracts for Blue Origin. The timing is no accident—Trump’s clash with Musk may give Bezos the edge he’s long needed in the space race. This new alignment could reshape power in both politics and aerospace.
Reading Time : 2 minutes Trump is launching a mobile phone service and a golden smartphone, wrapped in patriotic branding. The $47 plan and $499 phone are aimed at his base, with promises of American-made hardware and bundled services. But experts doubt the production claims and worry about political conflicts in the venture’s structure.
Reading Time : 2 minutes Labubu, Pop Mart’s star character, has helped Wang Ning dethrone Qin Yinglin as Henan’s richest man. The blind-box sensation has driven Pop Mart’s stock to record highs, proving a quirky toy can reshape China’s billionaire landscape.
Reading Time : 2 minutesElon Musk is refocusing on Tesla, SpaceX, and X after political endeavors. With Tesla’s robotaxi event on August 8, 2025, xAI’s AI advancements, and SpaceX’s Starship tests, Musk is driving innovation. His shift back to business highlights his vision for autonomous driving, AI, and space exploration, aiming to redefine industries while navigating public and market expectations.
Reading Time : 2 minutes Trump signed an executive order to create a U.S. Bitcoin reserve, pushing to make the country the global crypto leader. The move sparks heated debate, with supporters hailing innovation and critics warning of volatility and state-backed speculation.
Reading Time : 2 minutes Bill Gates has announced plans to give away nearly his entire $200 billion fortune by 2045 and shut down the Gates Foundation. This shift marks a major moment in modern philanthropy, emphasizing urgency and impact over legacy.
Reading Time : 3 minutesOn May 8, 2025, Cardinal Robert Prevost became Pope Leo XIV, the first American pontiff. Choosing a name evoking social justice, he pledged a “missionary church” that fosters peace. With roots in Peru and Chicago, Leo XIV blends global experience with reformist zeal, aiming to unite 1.4 billion Catholics while tackling poverty, division, and modern challenges.