Ke Tang

3 Posts
The Key Trends of Fintech

The Key Trends of Fintech

By: Ke Tang The discussion of how technology can revolutionize the financial system is a heated topic. There is an increasing number of financial institutions starting to integrate their offerings and services with technology such as blockchain. As fintech (financial technology) and digitalization of the financial services industry are developing, fintech startups are facing more capital financing demand. SPACs provide a viable way for fintech startups to go public and acquire the funds necessary for expansion. The relatively easier operation and shorter timeline make fintech SPACs heated in 2021. Two key trends of fintech are consolidation and digitalization, which is…
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How does inflation influence different sectors?

How does inflation influence different sectors?

By: Ke Tang OverviewInflation in October is rising more than expected. According to the US Bureau of LaborStatistics, the consumer price index in October has increased 0.9% and pushed the year-over-year increase to 6.2%, hitting a 30-year high. In comparison, the consumer price index inSeptember has risen 0.4% on the month and 5.4% on the year. 1 The rise of inflation exceedspeople's expectations and will increase people’s costs for living. However, it is not necessarilythat inflation will influence everyone equally. Depending on an individual’s consumption basket,the impact on one’s cost of living will be different because different products have experiencedvarious…
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Can Lucid Be the Next Tesla?

Can Lucid Be the Next Tesla?

By: Ke Tang Competitions in the electric vehicle industry are intense. Multiple electric vehicle startups are making promises to transform the automobile industry and beat Tesla, but only a few of themare performing well. Lucid Motors, a startup founded in Newark, California, is one of the playersin the EV industry with an ambitious game plan to come up with “the best car in the world.” Lucid’s mission is to inspire the adoption of sustainable transportation by creating themost captivating luxury electric vehicles centered around the human experience. On July 23,2021, Lucid Motors completed the previously announced merger with CCIV (Churchill…
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