Quick Read - XRP fell 7% to $1.24 in three days, but short bets outnumbering longs 9-to-1 sets up a violent short squeeze if the CLARITY Act passes. - A 10,000-path Monte Carlo model puts XRP's base range at between $1.26 and $1.46, rising to a median of $1.56 if the CLARITY Act...</stron
KraneShares' humanoid robotics ETF attracts $89 million in year-to-date inflows, signaling investor interest in physical AI. The KraneShares Global Humanoid Robotics and Physical AI Index ETF (NASDAQ: KOID) has amassed $241 million in assets under management since its laun
Deal marks Nestlé’s first acquisition under CEO Philipp Navratil as it expands in ready-to-drink meal products. Nestlé has purchased the remaining shares of Yfood, a Munich-based ready-to-drink meals company, completing an acquisition announced on 3 June. The Swiss group i
The Swiss food giant completes its takeover of ready-to-drink meal firm Yfood, citing €150m in 2025 sales and double-digit growth. Nestlé has finalized its acquisition of Yfood, a Munich-based ready-to-drink meal company, marking its first deal under CEO Philipp Navratil.
Iraq plans to triple within three months its exports of crude oil through Kurdistan to the Turkish Mediterranean port of Ceyhan as OPEC’s second-largest producer is one of the Middle East’s producers worst affected by the closed Strait of Hormuz. The Iraqi government has a
Introductory statement by Piero Cipollone, Member of the Executive Board of the ECB, at the Committee on Economic and Monetary Affairs of the European Parliament Brussels, 3 June 2026 I am pleased to be back here again to discuss the digital euro. I am encouraged by the go
Spot bitcoin ETF flows drive 45% of weekly BTC price moves and remain subdued, overshadowing MicroStrategy’s tax-related sales, Citi analysts say. Bitcoin’s price weakness stems more from dwindling spot ETF inflows than MicroStrategy’s recent sales, Citi analysts said. The
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. - Wellington Management Co. agreed to buy the asset-management division of Hartford Insurance Group Inc. as the Boston-based investment firm pushes ahead with a w
The LSE-listed SpaceTech fund raises £137m as HawkEye 360 floats in New York at a $2.8bn valuation. Seraphim Space Investment Trust PLC (LSE:SSIT), the London-listed fund focused on space technology companies, has delivered its strongest quarter on record, with the portfol
Quick Read - PLTR delivered 85% revenue growth and a Rule of 40 score of 145, yet trades at 110x forward earnings with a free cash flow yield below 1%. - PLTR is down 14% year-to-date while SPY gained 11%, as the market quietly de-rates a stock that beat on every metric. - CEO...