Author: Charlotte

Bronte Capital’s flagship fund went backwards for the second consecutive year as its high-profile investment chief, John Hempton, missed the enormous rally in computing memory stocks amid concerns the artificial intelligence trade is heading towards an inevitable bust.The Sydney-based firm’s Amalthea fund ended the 2026 financial year down 9.2 per cent, well behind the MSCI All Country World Index’s gain of 17.6 per cent.Loading… Source link

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Former All-Star guard Ja Morant is headed to Portland in a trade with Memphis. The NBA free agency period is live as players and teams negotiate deals! Here’s a look at every reported and official free-agent deal, extension and trade for all 30 teams so far. Free Agent Tracker | Trade Tracker | All NBA Transactions  Atlanta Hawks Re-signing CJ McCollum agrees to 1-year deal (officially announced) Jock Landale agrees to 1-year deal (multiple reports) Additions Devin Carter joins via trade with Kings (officially announced) Aaron Wiggins joins via trade with Thunder (officially announced) Departures N/A > Complete Hawks roster Boston Celtics Re-signing Ron…

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America 250 coin stands out among 2026’s strangest digital tokens. Not because it features an animal or a punchline – because it arrived just as the calendar nears a milestone. The U.S. approaches two and a half centuries of existence, so traders twist history into a trading theme. Hype builds not on humor, but on dates lining up. While others ride pet trends, this one leans on anniversaries. Timing shapes its path, nothing more. Just because something grabs headlines doesn’t mean it’s secure. Attention fuels its value more than strength underneath. When memes rule, interest shifts numbers quicker than facts…

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The Senate Finance Committee is set to hear from a panel of Treasury nominees that includes a pick Democrats said was unaware of economic fallout planning ahead of the Iran war and a former executive at Secretary Scott Bessent’s hedge fund. The July 16 confirmation includes George McMaster, who was the trading chief at Key Square Group, a macro hedge fund run by Bessent, and Sriprakash Kothari, whose behind-the-scenes answers to the panel during the vetting process raised red flags for ranking member Ron Wyden (D-Ore.). Finance Chair Mike Crapo (R-Idaho) announced Thursday the panel will consider McMaster and Kothari…

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India-based IT services giant Tata Consultancy Services (TCS: NSI) on Thursday reported revenue of USD 7.62 billion in its fiscal first quarter ended 30 June 2026, up 3.2% on a constant currency (CC) basis.Revenue was up 0.4% quarter-on-quarter (CC) and flat on a reported basis.“Q1 FY27 reflects continued growth momentum and the strength of our strategic positioning, despite geopolitical and macroeconomic headwinds,” K Krithivasan, CEO and managing director, said in a press release.TCS, which ranks as the world’s second-largest provider of IT consulting and services, reports earnings in both US dollars and Indian rupees.In Indian rupees, revenue was up 13.9% year-on-year. On a quarterly basis,…

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In recent days, First Industrial Realty Trust reported strong Q1 2026 results, with earnings per share of US$1.08 significantly exceeding forecasts, and attracted renewed coverage from several investment firms highlighting demand for its logistics properties. This combination of outperformance against expectations and fresh analyst attention has sharpened the focus on how First Industrial is positioned within the industrial real estate market. With Q1 earnings materially ahead of forecasts, we’ll now examine how this performance and renewed analyst interest affect First Industrial’s investment narrative. This technology could replace computers: discover 26 stocks that are working to make quantum computing a reality.First…

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Regal Healthcare Capital Partners announced the final close of its fourth private equity fund, RHCP IV, with $610 million in total commitments, surpassing its original fundraising target of $550 million. The fund includes approximately $575 million in external commitments and will continue the firm’s strategy of investing exclusively in lower-middle-market healthcare services companies across the United States. Based in New York, Regal has now raised nearly $1.3 billion in aggregate commitments across its first four funds since 2018. The firm focuses on partnering with healthcare entrepreneurs and businesses that provide high-quality, accessible, and convenient healthcare services. Fund IV attracted strong…

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Sony Bank’s Connectia Trust would issue dollar-pegged stablecoins under a US national trust charter — the same path Circle, Ripple and Paxos took in a fast-growing wave of OCC approvals — over the objections of US banking trade groups. Posted July 9, 2026 at 6:32 pm EST. Sony Bank has won conditional approval from the US Office of the Comptroller of the Currency (OCC) to set up a national trust bank that would issue dollar-pegged stablecoins, marking Sony Financial Group’s entry into the US stablecoin market. The subsidiary — Connectia Trust, National Association — will be wholly owned by Sony…

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