$Alibaba (BABA.US)$ Alibaba Capital exits the media sector.

Goldman Sachs has apparently decided to take on ARK Invest in the market for innovation-focused exchanged traded funds.
$GOLDMAN SACHS FUTURE TECH LEADERS EQUITY ETF (GTEK.US)$ is an actively managed fund that will invest in listed technology companies with market capitalizations of less than $100 billion, across both developed and emerging markets.
There are two differences between $ARK Innovation ETF (ARKK.US)$ and $GOLDMAN SACHS FUTURE TECH LEADERS EQUITY ETF (GTEK.US)$ . 
For one thing, the new Goldman fund is targeting small-cap and midcap stocks. That would rule out some names in the ARK fund, which has almost 10% of its assets in $Tesla (TSLA.US)$ .
Another thing is that the Goldman fund also intends to cast a wide net, with nearly half of the holdings in companies based outside the U.S., and 25% to 35% in emerging markets.
Katie Koch, co-head of the Fundamental Equity business within Goldman Sachs Asset Management, said in a statement. “We believe the dominant tech franchises in 10 years will be very different from the platforms we all know today.
After vaulting up the ranks of the U.S. exchange-traded fund leaderboard, Ark Investment Management is starting to slip. 
With about $42.4 billion in its ETFs, Cathie Wood’s firm now ranks as the 11th largest issuer by assets, according to Bloomberg Intelligence data. Dropped out from the list of top 10 ETF on this Tuesday.
$ARK Innovation ETF (ARKK.US)$ has fallen over 5% this year -- after soaring nearly 150% in 2020.
"Heroes comes and goes but legends are forever"
Source:
Cathie Wood’s ARK Has a Challenger as Goldman Sachs Launches Tech ETF
Ark Drops Out of Top 10 ETF Issuers as ‘Shiny Object’ Lure Fades

$Cloopen (RAAS.US)$
RAAS.US announced that it has reached a final agreement to acquire 100% of the equity of EliteCRM. It is reported that EliteCRM is a leading customer relationship management software provider. In this acquisition, the company has agreed to provide equity incentives to certain management of EliteCRM in the form of restricted stocks, and the total amount of these restricted stocks is less than 1% of its issued share capital on a fully diluted basis. The transaction is expected to be completed in March 2021. From communication resources, CC platforms, intelligent mid-platforms to intelligent applications, Ronglian Cloud has connected the entire product chain of contact centers, covering the entire life cycle of enterprises. It has become a leading and full-capability cloud communication service provider in the market, building a competitive barrier that integrates resources, technology, products, capabilities, markets, and services, giving Ronglian Cloud's ecology a brand-new competitiveness.

$Castor Maritime (CTRM.US)$ is taking advantage of struggling peers and has doubled their fleet size with most recent purchase. Company has now doubled in size....

Happy New Year everyone
In the Year of the Ox, the stock market became a bull market 🐮
Share the New Year's Eve dinner at home with everyone $Futu Holdings Ltd (FUTU.US)$ $GameStop (GME.US)$ $AMC Entertainment (AMC.US)$

Hello Monday mooers, welcom back to our weekly series, Weekly Top 5 Stocks update, where we recap what happened to the popular stocks on moomoo platform last week.
Last Friday, S&P 500 closed at its highest price ever in 2020, we wish you the best of luck. Here is the top 5 stocks of last week:
#1 $NIO Inc (NIO.US)$ Chinese EV stocks continued to rally last week but NIO got plugged last fridday. Citron Research editor Left said last Friday that “Anyone buying NIO stock now is not buying a company or its prospects, rather you are buying 3 letters that move on a screen,” it's finally time for investors to cash out of the red-hot EV stock.  NIO tumbled around 14% after the report, ended up ...

$Tesla (TSLA.US)$ Master, it's back