Switzerland-based Partners Group said on Thursday that it expects fundraising activity to slow in the second half of 2026, with the trend likely to continue into 2027, as uncertainty surrounding redemptions from its open-ended evergreen funds weighs on growth prospects. The company disclosed that it had capped withdrawals from an $8.6 billion private equity fund,… Continue reading Partners Group flags slower asset growth as redemption risks rise
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Bitcoin price prediction: Here’s why Wall Street is dumping BTC ETFs
Bitcoin price continued its strong crash today, June 4, reaching its lowest level since March this year, continuing a downward trend that started mid May. BTC plunged to $61,325, erasing billions of dollars in value. This crash is happening as Wall Street investors continue dumping the coins. Why Wall Street investors are selling BTC ETFs… Continue reading Bitcoin price prediction: Here’s why Wall Street is dumping BTC ETFs
SMFG targets $5 billion trading revenue as Japan rates reset markets
Sumitomo Mitsui Financial Group plans to double revenue from its sales and trading unit to 800 billion yen, or about $5 billion, within the next few years as Japan’s shift away from ultra-low rates drives demand for market products. Arihiro Nagata, head of the bank’s global markets division, told Reuters that the business currently generates… Continue reading SMFG targets $5 billion trading revenue as Japan rates reset markets
TSMC doubles down on AI growth as CEO sees demand staying strong
Taiwan Semiconductor Manufacturing Co. expects artificial intelligence to keep driving demand for its most advanced chips over the next few years, even as rising costs and the long buildout of US production capacity create challenges for the world’s biggest contract chipmaker. Chief Executive Officer C.C. Wei told shareholders in Hsinchu on Thursday that customers remain… Continue reading TSMC doubles down on AI growth as CEO sees demand staying strong
Nvidia, Hyundai in final talks to build AI R&D hub in South Korea: report
Nvidia and Hyundai Motor Group are in the final stage of talks to build a new artificial intelligence research and development hub in South Korea, according to a report by the Korea Economic Daily. Nvidia Chief Executive Jensen Huang is expected to visit Seoul this week and meet Hyundai Motor Group Executive Chair Euisun Chung… Continue reading Nvidia, Hyundai in final talks to build AI R&D hub in South Korea: report
Nikkei 225 sinks as US-Iran clashes spark fresh risk-off trade
Asian equities fell on Thursday as renewed fighting between the United States and Iran pushed investors back towards safer assets, even as oil prices eased after Israel and Lebanon moved to implement a ceasefire. MSCI’s Asia-Pacific ex-Japan index dropped 1.5%, while S&P 500 e-mini futures slipped 0.5%. South Korean shares, reopening after a break, fell… Continue reading Nikkei 225 sinks as US-Iran clashes spark fresh risk-off trade
Investing in SpaceX stock via this fund dilutes the risk of direct ownership
Billionaire Elon Musk’s aerospace and technology giant, SpaceX, is on the verge of going live on Nasdaq under the ticker symbol “SPCX”. The company expects to sell about 555.6 million of its Class A shares at a fixed price of $135 each, raising $75 billion at an implied valuation of a staggering $1.77 trillion. And… Continue reading Investing in SpaceX stock via this fund dilutes the risk of direct ownership
Dow drops 620 points as oil surge and Iran tensions hit stocks
US stocks closed lower on Wednesday as rising oil prices, climbing Treasury yields, and renewed tensions in the Middle East weighed on investor sentiment, ending the S&P 500’s nine-session winning streak. The Dow Jones Industrial Average fell 620.72 points, or 1.21%, to 50,687.07. The S&P 500 declined 0.74% to 7,553.68, while the Nasdaq Composite lost… Continue reading Dow drops 620 points as oil surge and Iran tensions hit stocks
AMD stock jumps as AI optimism pushes valuation toward $900 billion
Advanced Micro Devices (AMD) shares climbed on Wednesday as investors returned to the semiconductor sector, pushing the stock toward a market capitalization milestone that it has never previously reached. The chipmaker’s shares gained 4.02% to $542.52, after trading as high as $546.44 during the session. The advance put AMD on pace for a record closing… Continue reading AMD stock jumps as AI optimism pushes valuation toward $900 billion