Bloomberg Philanthropies funds local housing reforms nationwide
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Stocks Settle Lower as Middle East Tensions Rise
The S&P 500 Index ($SPX) (SPY) closed down -0.18% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.85%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.39%. September E-mini S&P futures (ESU26) fell -0.18%, and September E-mini Nasdaq futures (NQU26) fell -0.32%. Stock indices gave up an early advance and settled lower on Thursday. Escalating tensions…
High Stock Valuations Push Advisors Toward Private Markets
Public markets have rewarded investors handsomely over the past 15 years. Strong earnings, dominant technology companies and abundant liquidity helped drive stocks steadily higher. That run has also pushed valuations to historically demanding levels. U.S. stocks are now more expensive relative to the economy than they were during the dot-com bubble or the 2021 market…
People use AI to gauge banks’ reputations, and its verdicts are harsh
Key insight: Reputation management was never optional — especially for banks — and the emergence of AI as a new, central stakeholder with significant reach and influence has raised the stakes even further. Supporting data: Among the measured banks in a RepTrak study, Ally Bank was rated most positively by AI on a 100-point scale…
Digital Realty and Rönesans form Türkiye data centre joint venture
The partnership will develop and operate next-generation data centres in Türkiye, with Ankara first and Istanbul planned as the next expansion. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Login To Unlock The Content! …
Vanguard, Altruist Combo “Raises Stakes” for Schwab and Fidelity
Vanguard and Altruist shifted the custodial playing field overnight with the global asset managers $4.6 billion outlay for the scrappy, tech-focused custody platform, according to analysts and Altruist advisors evaluating the deal. The legacy custodians, Schwab and Fidelity Investments, still have a commanding lead over Altruist in the marketplace, but Vanguard’s backing, along with its…
