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Morgan Stanley bought back $1.5bn of its common stock during the quarter under its share repurchase programme. Credit: PJ McDonnell / Shutterstock.com Morgan Stanley has posted net attributable income of $5.6bn for the second quarter (Q2) of 2026, a 60% increase compared with $3.5bn a year earlier. The US-based financial giant’s net revenue increased by…
Memory has emerged as one of the biggest bottlenecks in artificial intelligence (AI) data centers, which explains why the demand for these chips has simply taken off in recent years. In fact, memory demand is so strong that the ongoing supply shortage in this industry is anticipated to last beyond 2030. Not surprisingly, investors have…
EUR/USD extends gains after the soft US inflation data but the focus remains on US-Iran crisis !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Facing a 7% GDP contraction, the socialist island nation opens up to private banking and investment. In June, the Cuban National Assembly unanimously passed 176 economic reforms aimed at staving off an economic crisis partly caused by U.S. sanctions. Prime Minister Manuel Marrero announced the reforms, which aim to reduce the state’s presence in the…
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RIAs of all sizes are starting to grapple with the cost and implementation of AI, potentially speeding some smaller firms to consider a sale.
Personal Finance Updated: Thursday, July 16, 2026, 15:39 [IST] The Kerala Lottery Result Today is now out for the Karunya Plus KN-632 lucky draw on Thursday, July 16. Today’s weekly lottery is the Karunya Plus Lottery, the lucky draw for which began at the usual time at 3PM while the official result will be published…
Few events are more exciting for investors than the quarterly filing of Form 13Fs with regulators. A 13F is a required filing for money managers overseeing at least $100 million in assets. Although 13F filings detailing second-quarter trading activity aren’t due until Aug. 14, investors tracking Berkshire Hathaway (BRKA 0.52%)(BRKB 0.48%) don’t have to wait…
Who is Mykhailo Fedorov? Profile of Ukraine’s Dismissed Defence Minister Overview of Mykhailo Fedorov’s Career and Dismissal KYIV, July 16 (Reuters) – The sacking of Ukraine’s popular defence minister, Mykhailo Fedorov, only six months after his appointment, prompted rare wartime protests in cities across the country on Thursday. The tech-savvy 35-year-old reformer is the last…
Pro-government supporters stand next to a banner depicting a portrait of Iran’s late Supreme Leader Ayatollah Ali Khamenei during a nightly rally in Tehran, Iran, on July 12, 2026. Morteza Nikoubazl | Nurphoto | Getty Images Iran warned Thursday that it would “crush” key targets in the Middle East if U.S. President Donald Trump’s threats…