SEI Investments Company (NASDAQ: SEIC) announced a target to achieve a $100 million annual run rate…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
Passive Funds in India Account for 16% of Mutual Fund Assets
Passive investment funds, including index funds and exchange-traded funds (ETFs), represented 16.11% of India's mutual fund…
Musk Discusses Tesla-SpaceX Merger Probability Amid Earnings
Elon Musk addressed the potential for a merger between Tesla and SpaceX during a recent earnings…
ServiceNow Q2 Revenue Hits $3.99B, Stock Rises 4.78%
ServiceNow reported a second-quarter revenue of $3.99 billion, exceeding analyst expectations of $3.93 billion, according to…
Senate’s Clarity Act Faces Scrutiny Over Ethics Provisions
Senator Cynthia Lummis announced on Wednesday that the updated draft of the Digital Asset Market Clarity…
Alphabet Q2 Revenue Rises 24%, CapEx Hits $44.9 Billion
Alphabet Inc. reported a 24% year-over-year increase in revenue for the second quarter, reaching $74.6 billion,…
Apple Surpasses Nvidia as Most Valuable Company Amid Shift
On July 17, Apple Inc. overtook Nvidia Corp. to become the world's most valuable company, closing…
SpaceX Stock Rebounds 3% After Seven-Day Decline; Earnings
SpaceX shares rose 3.08% on Tuesday, ending a seven-session losing streak that had seen the stock…
EU Approves Paramount’s $110B Warner Bros. Deal Amid US
The European Union granted conditional approval on Wednesday for Paramount Skydance's $110 billion acquisition of Warner…
Micron Faces 76% Downside Amid Declining AI Demand Trends
Micron Technology, Inc. is facing a potential 76% downside, according to a recent analysis from Seeking…