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Novartis Shares Outperform as Loomis Sayles Fund Highlights Growth Potential

Novartis (NVS) gained 33.73% over the past year, closing at $150.45 on May 20, 2026, amid strong fund positioning. Novartis AG (NYSE:NVS) emerged as a top contributor in the Loomis Sayles Global Growth Fund’s Q1 2026 investor letter, closing at $150.45 per share on May 20.

  • mohammad501ps@gmail.com
  • May 21, 2026
  • crypto

Bitcoin’s ‘less Aggressive Demand’ May Lead to Months of Consolidation: Analysis

Bitcoin’s ‘less aggressive demand’ may lead to months of consolidation: Analysis Bitcoin demand and ETF flows weaken as BTC struggles below $80,000, raising risks of prolonged consolidation or a drop toward $65,000. Demand for Bitcoin (BTC) has decreased sharply over the l

  • mohammad501ps@gmail.com
  • May 21, 2026
  • stocks

Kontoor Brands Sells Lee Denim to Authentic Brands for $1B

Kontoor Brands agreed to sell its Lee denim brand to Authentic Brands Group in a transaction valued at up to $1 billion, the companies said on Thursday. Under the terms of the agreement, Reuters reports that Kontoor will receive $750 million upfront, with the remaining $25

  • mohammad501ps@gmail.com
  • May 21, 2026
  • crypto

Stablecoins Retain the Edge over Tokenized Money Market Funds, Jpmorgan Says

Stablecoins retain the edge over tokenized money market funds, JPMorgan says The bank said tokenized money market funds account for only about 5% of the broader stablecoin universe despite offering yield. What to know: - JPMorgan said tokenized money market funds remain a

  • mohammad501ps@gmail.com
  • May 21, 2026
  • stocks

Nvidia Continues to Impress Wall Street as AI Trend Shows No Sign of Slowing Down

Nvidia's (NVDA) latest results and guidance were nothing short of impressive for a company of its size, a fact not lost on Wall Street analysts as they praised the Jensen Huang-led company for firing on all cylinders. Shares were little Nvidia's (NVDA) latest results and g

  • mohammad501ps@gmail.com
  • May 21, 2026
  • forex

Japanese Yen: Consolidation Below 160 Against US Dollar – DBS

DBS FX & Credit Strategist Chang Wei Liang writes that USD/JPY is consolidating around 159 as markets remain wary of potential intervention and hesitate to test 160. He argues that softer Oil prices and lower US yields should support the Japanese Yen (JPY), while strong ex

  • mohammad501ps@gmail.com
  • May 21, 2026
  • stocks

Jeep and Ram Parent Stellantis to Launch Nine New Vehicles Under $40,000

Stellantis, the automaker conglomerate with a sprawling portfolio of brands, will focus most of its investments for the U.S. market into its Jeep and Ram divisions while introducing more cars under $40,000, according to a turnaround plan outlined for investors Thursday. Je

  • mohammad501ps@gmail.com
  • May 21, 2026
  • stocks

Bluespring Expands AUM by $1.1bn With New Jersey Advisory Deal

The acquisition of Synthesis Wealth Planning boosts Bluespring’s assets under management by $1.1bn, marking its fifth deal in 2026. Bluespring Wealth has agreed to acquire Synthesis Wealth Planning, a New Jersey-based advisory firm affiliated with Kestra Financial. The dea

  • mohammad501ps@gmail.com
  • May 21, 2026
  • stocks

Raises Farther $150M in Series D Led by General Atlantic

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters Farther, a New York-based registered investment advisor with a proprietary wealth platform, announced a Series D, $150 million fundraising round led by priv

  • mohammad501ps@gmail.com
  • May 21, 2026
  • macro

US: Initial Jobless Claims Rose to 209K Last Week

the number of US citizens submitting new applications for unemployment insurance increased to 209K for the week ending May 16. According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemp

  • mohammad501ps@gmail.com
  • May 21, 2026
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