Average requests rose to 10.3% of shares from 9.7% in Q1, but ranged widely (1.3%–38.1% at Blue Owl’s OTIC), Fitch said. Many requests were follow-ups from investors who were only partly satisfied last quarter. New inflows fell by about 56% on average, so most funds saw net outflows of roughly…
AES Corp. gains as Ohio PUC staff recommends GIP-EQT consortium deal (AES:NYSE)
Justin Paget AES Corp. (AES) edged higher by 0.9% after the staff of the Ohio Public Utilities Commission recommended in favor of the company’s planned sale to a consortium led by BlackRock’s (BLK) Global Infrastructure Partners and EQT Infrastructure. “Staff believe that the Source link
Bragg Gaming restructures operations, cuts workforce by 19% to reduce costs
Bragg Gaming (BRAG) announced workforce and operational restructuring to improve its cost structure and speed up its path toward becoming a sustainable cash-generative business. The company will reduce its global workforce by ~19%, which is expected to generate ~€6M in annualized cash savings Source link
Cipher, TeraWulf among AI infrastructure stocks trading below contract value, Compass Point argues
Using that approach, the firm said Applied Digital (APLD), TeraWulf (WULF) and Cipher Mining (CIFR) appear to offer the largest disconnect between their contracted business and current valuations. In each case, Compass Point argues the market is assigning little, if any, value to additional AI capacity that has yet to…
Vermilion receives TSX spproval for new share buyback program
Vermilion receives TSX spproval for new share buyback program Source link
Ethereum’s newest nonprofit wants to become Wall Street’s guide to crypto
For Ethereum Institutional’s founders, becoming an independent nonprofit rather than remaining within the foundation was a deliberate choice. “The EF has always been quite vocal about its principle of subtraction,” Dawson said, referring to the organization diving up responsibilities for the network to other organizations . “This is an example…
When will traffic at the Strait of Hormuz return to normal? (SP500:) (SP500:) (SP500:) (SP500:)
Alones Creative Kalshi traders betting on the prediction markets see the odds of normal traffic resuming at the Strait of Hormuz before the end of the year rising on Thursday. A majority of traders, about 58% of them, see these odds rising before Jan. 1, 2027. Only 39% of bettors…
An Advantage to Having a LinkedIn Premium Account #shorts
By Jeff Altman, The Big Game Hunter Click here if the video does not play properly. Here’s another benefit people get by having a LinkedIn Premium account. ABOUT JEFF ALTMAN, THE BIG GAME HUNTER People hire Jeff Altman, The Big Game Hunter to provide No BS Career Advice globally because…
AVAX One Technology regains Nasdaq compliance (AVX:NASDAQ)
AVAX One Technology (AVX) announced on Thursday that it has received formal notice from Nasdaq, confirming that the company has regained compliance with Nasdaq’s minimum bid price requirement for continued listing. Shares of AVX gained nearly 1% during early trading hours Source link
Crypto lender giant Aave rolls out vaults for yield-hungry fintech investors
Aave Labs, the organization behind the largest decentralized lending platform Aave AAVE$90.87, is rolling out vaults to help fintech companies offer yield on stablecoins without requiring users to interact directly with crypto rails. The new Stable Vaults let wallets, exchanges and payment providers embed stablecoin earning through a single connection.…