These 6 battered AI stocks could bounce back big, an analyst says

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• How the Swiss city of Lugano is trying to reinvent itself as a crypto hub to boost its economy by launching its own token LVGA, partnering with Tether, and more (Financial Times)

  Municipal leaders are pursuing digital asset integration to stimulate local growth through dedicated infrastructure and strategic collaborations. By formalizing agreements with major industry players, the municipality is positioning blockchain technology at the center of its long-term financial revitalization strategy. These initiatives aim to transform the region into a premier destination for digital finance and innovation.

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• China’s hottest stocks these days have one thing in common: names that sound like sheep

  A sharp market rally in China is propelling diverse businesses based entirely on linguistic homophones connected to the upcoming Year of the Sheep. Traded firms spanning fish processing, lighting, and household appliances are seeing dramatic interest detached from their operational realities. This surging investor appetite demonstrates how non-financial cultural trends can entirely overshadow fundamental corporate performance in Chinese equities.

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• Yes Bank moves SC seeking review of order on writing off of Rs 8,415 cr AT-1 bonds

  The private lender is making a renewed judicial effort to protect its balance sheet after the apex court affirmed that an administrator exceeded legal authority during the 2020 bailout. That previous ruling held that bondholders should not suffer from administrative lapses, as the government-approved rescue blueprint lacked provisions to cancel the debt. Reversing the cancellation could force the bank to account for significant liabilities stemming from its emergency restructuring.

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