Amazon’s stock drops — even in the face of a bold new cloud forecast
Modest AWS results and weak advertising growth left Wall Street disappointed in Amazon’s third-quarter earnings
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American Century to Rename Mid Cap Growth ETF, Drop Fee
American Century Investments announced a change for one of its ETFs Tuesday, renaming a midcap growth ETF. Per a press release, the asset manager has renamed the American Century Mid Cap Growth Impact ETF (MID) to the American Century Mid Cap Growth Insights ETF (ACMG). As part of the move, the firm has dropped ACMG’s…
Amundi picks 9.9% stake in asset manager ICG
ICG will be the exclusive supplier of those products to Amundi’s distribution business. Credit: HJBC/ Shutterstock.com. Amundi said it has bought a 9.9% economic interest in alternatives asset manager ICG in a deal worth about €620m ($711.4m), following the long-term strategic and equity partnership. The companies agreed that partnership in November 2025. Access deeper industry…
UK housing market shows signs of stabilisation in July
The UK housing market may be stabilising after several months of subdued activity, with July figures indicating that the slowdown in sales has eased. The annual gap in agreed sales narrowed to 5.2% last month, after running approximately 10% behind 2025 levels since Easter. Net sales, which account for fall-throughs, have strengthened over the past…
Will Noel Tata win Tata Group’s succession drama?
Suddenly, it seems, a member of the Tata family – Noel Tata – is back in the driving seat of the gigantic “salt to software” group, which owns Jaguar Land Rover, Air India and Tata Steel, and is India’s largest private-sector employer. And not everyone is happy. Tata Group, India’s largest conglomerate has been consumed…
After a rapid start, Trump 2.0 bank reforms likely to slow down
From left: Federal Deposit Insurance Corp. Chair Travis Hill, Federal Reserve Vice Chair for Supervision Michelle Bowman and Comptroller of the Currency Jonathan Gould during their testimony before the Senate Banking Committee in February 2026. Bloomberg News Processing Content Key insight: Bank regulators in Washington have been uniquely unified under the second Trump administration, advancing…
AI-generated errors are reaching clients at most financial firms
Of those who believe an error has escaped review, 46 per cent characterised it as a “probably, but no one noticed” situation – meaning mistakes may be circulating in presentations and financial models without detection. Only 38 per cent of respondents expressed confidence that no such error had occurred on their watch. Speed has outpaced…
