Author: Charlotte

AbstractWe empirically identify politically motivated redistricting and its consequences, studying the effects of changed electorate composition on US congressional district boundaries and on political outcomes. We exploit the 1986 Immigration Reform and Control Act (IRCA), which legalized millions of immigrants, changing local electorates without changing demographics—legalized immigrants were already counted in the census. Where Democrats controlled the 1990 redistricting process, higher IRCA populations were associated with more spatially distorted districts. Consistent with theory, Democrats packed Hispanics (their ardent supporters) into majority-minority districts. House delegations had more Hispanics, suggesting that partisan gerrymandering, in this case, increased representation among the historically underrepresented.…

Anton Petrus | Moment | Getty ImagesDrone stocks surged Thursday on a report the Trump administration is in talks to fund several companies including one in which Donald Trump Jr. is a shareholder. The Pentagon has held months of discussions with a group of drone companies about potential funding deals, people familiar with the matter told The Wall Street Journal. The deals could include equity stakes that give the federal government some ownership, the Journal reported.Shares of Unusual Machines surged more than 65% after the Journal reported it is one of the companies in talks with the Pentagon. A deal…

Wihlborgs Fastigheter AB shares traded little changed on the Nasdaq Stockholm going into the weekend, as the Swedish property owner remains in focus amid short interest data and a still challenging commercial real estate backdrop. Wihlborgs Fastigheter AB shares were little changed in Friday trading on the Nasdaq Stockholm, with the Swedish real estate stock moving only marginally as investors weighed sector conditions and positioning data ahead of the weekend, according to exchange pricing data as of 05/29/2026.The company, which is headquartered in Sweden and listed on Nasdaq Stockholm under ISIN SE0011205196, remains tied to the broader domestic commercial property…

Will NFTs Come Back? Despite relatively bullish crypto sentiments, 54.1% or more than half of crypto participants were not expecting NFTs to come back in the near term. Specifically, 29.5% of survey respondents strongly disagreed that NFTs will come back in the current cycle, slightly outweighing the 24.7% who were bearish NFTs to a lesser extent.  Another 26.4% of participants expressed a neutral stance on NFTs, likely comprising a mix of those taking a wait-and-see approach to NFTs and those not interested in the niche. Finally, only a minority 19.4% of crypto participants still held out hope for NFTs to…

The question keeps surfacing across trading communities: what crypto bot platform do you actually trust?Traders who’ve been around for a few cycles share a familiar frustration — most platforms feel either too rigid, too technical, or too opaque to be genuinely useful. The discussion keeps returning to the same pain points: poor documentation, limited strategy customization, unreliable execution, and the constant overhead of manual monitoring.In 2026, the landscape looks different. AI-driven automation has matured considerably, and a new generation of platforms now handles market analysis, strategy execution, and risk controls without requiring users to write a single line of code.…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

Mid-cap fund managers put cash to work as valuations ease Moneycontrol.com Source link

The cryptocurrency market suffered a significant capital exit over three days between the 26th and the 28th of May, with roughly $169 billion leaving the market. Relative stability has since returned with minor inflows stepping back in, and select altcoins are positioned to benefit from this shift—BEAT being one of them. In the past day, Audiera [BEAT] has extended its gains slightly into double-digit territory, reaching 10%, continuing a bullish trajectory that has seen the token accelerate 404% over the past 90 days. Cup and handle forms within a broader bull flag  The technical structure for BEAT shows a combination…

State Street Global Advisors, the firm behind the SPDR family of ETFs, has filed for a new fund that would track the UC Investments 90/10 Endowment Strategy Index. The product would essentially bottle the University of California’s investment approach and sell it to retail investors. The concept is straightforward: roughly 90% equities, 10% bonds or cash. No exotic hedge fund allocations, no private equity sleeves, no venture capital carve-outs. Just a passive, index-based strategy modeled after one of the largest institutional investors in the country. The UC investment model, explained The University of California’s investment operation manages somewhere in the…

Arguably no one in the investing world has bigger shoes to fill than Greg Abel, Warren Buffett’s hand-picked successor to run Berkshire Hathaway, the large conglomerate that Buffett turned into a household name, delivering incredible market-crushing returns over many decades. While no one expects Abel to be the next Buffett, as there truly is only one Warren Buffett, Abel is certainly operating under a microscope in his first year as CEO of the company. In his first quarter on the job, Berkshire made some big changes to its massive portfolio, valued at roughly $332 billion. Notably, Berkshire piled into a…