Author: Charlotte

DALLAS, Aug. 13, 2026 (GLOBE NEWSWIRE) — Instil Bio, Inc. (“Instil”) (Nasdaq: TIL), a biotechnology company focused on identifying and advancing innovative therapeutics, today reported its second quarter 2026 financial results and provided a corporate update. Recent Highlights: Instil is evaluating potential acquisitions, in-licensing and related opportunities that may provide access to promising novel therapeutic candidates.Cash position of approximately $69.9 million as of June 30, 2026 expected to fund current operating plan beyond 2027.Second Quarter 2026 Financial and Operating Results:As of June 30, 2026, Instil had cash, cash equivalents, restricted cash and marketable securities of $69.9 million, which consisted of $5.5 million in cash and…

WASHINGTON, Aug. 13, 2026 /PRNewswire/ — Total money market fund assets1 increased by $18.26 billion to $7.93 trillion for the week ended Wednesday, August 12, the Investment Company Institute reported today. Among taxable money market funds, government funds2 increased by $20.69 billion and prime funds increased by $1.79 billion. Tax-exempt money market funds decreased by $4.22 billion. new ICI logo Assets of Money Market FundsBillions of dollars 8/12/2026 8/5/2026 $ Change* 7/29/2026 Government 6,539.70 6,519.01 20.69 6,472.66 Retail 1,975.34 1,972.16 3.17 1,956.15 Institutional 4,564.37 4,546.85 17.52 4,516.51 Prime 1,239.98 1,238.19 1.79 1,231.13 Retail 992.35 988.81 3.54 984.27 Institutional 247.63 249.38 -1.75 246.85…

In 2026, token development is no longer viewed as a niche experiment reserved for crypto-native startups. It has evolved into a serious business growth strategy used by SaaS founders, fintech innovators, gaming studios, real estate platforms, and emerging Web3 enterprises alike. What started as simple utility tokens has matured into full digital economic systems that power customer engagement, fundraising, governance, loyalty, and global expansion. Modern startups operate in an environment where traditional growth levers are becoming expensive and crowded. Paid acquisition costs keep rising. Venture capital has become more selective. Customer loyalty is harder to maintain. Against this backdrop, token…

New Coldwell Banker Affiliates president on AI, rates, luxury market Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New?Updated 8 minutes agoLatest Source link

Wintermute wants to invest $1 billion in artificial intelligence and high-frequency trading. The market maker aims to expand into traditional markets for equities, commodities, and currencies. The company plans to build out its trading and computing infrastructure over the next five years. Crypto market maker Wintermute plans to invest around $1 billion in high-frequency trading and data center infrastructure for artificial intelligence over the next five years. Co-founder and CEO Evgeny Gaevoy said this in an interview with Bloomberg. The company is looking to diversify its business and expand into traditional financial markets. This includes trading in equities, commodities, and…

Russian drones caused a fire and damage at Izmail, a grain export hub and Ukraine’s largest Danube port. The attack follows a big Ukrainian strike on Novorossiysk, one of Russia’s most strategically important ports on the Black Sea, which hit a naval base and two grain terminals. At least three people, including a child, were killed. The attacks have stoked fears of disruption to global food supplies. Source link

Key Insights: The US PPI reading comes in at 4.7% as against expectations of 4.9%. With relatively controlled inflation, crypto market experts are watching the long-term impact on Bitcoin price and other altcoins. Beyond macro policies, the push for the CLARITY Act is also being watched as a defining shift for the crypto market. The crypto market and Bitcoin price are in the spotlight just a day after the United States Federal Bureau of Labor Statistics released the headline inflation data. With the release of the US Producer Price Index (PPI), which came in at 4.7%, up 0.2%, with signs…

A concentrated bet on fewer, better GP relationships is paying off for one of Australia’s largest superannuation funds. Built on selective manager and deal selection rather than a broad roster, the A$112 billion ($78 billion) Rest Super delivered private equity returns more than double the peer average last financial year, as the fund proactively courts top-tier PE firms instead of waiting to be approached. Having joined from the Future Fund in 2020, head of private markets Marina Pasika, who built Rest’s private equity program from the ground up, says the fund has an intentionally different approach from its Australian peers…

Highlights: Canada’s economy bounced back strongly in Q2. Hiring picked up to drive the unemployment rate lower. Domestic demand remained resilient, while net trade recovered from a soft Q1. U.S. Section 338 tariff threats won’t derail overall growth in Canada, as they target a narrow base of Canadian products. Impact to targeted producing regions and industries will be more significant. Broader U.S. tariff rates globally have continued to edge lower, consistent with our outlook for a resilient U.S. economy benefiting from major infrastructure buildouts and government spending. The Federal Reserve is still expected to remain on hold this year (and…

Fintech Chime explores stablecoins as new feature on its app – Bloomberg News TradingView Source link