Global equity fund inflows hit three-week high before late selloff
Global equity funds recorded their largest weekly inflows in three weeks, drawing $22.01 billion, though rising bond yields and oil prices triggered a broad late-week selloff.
Global equity funds recorded their largest weekly inflows in three weeks, drawing $22.01 billion, though rising bond yields and oil prices triggered a broad late-week selloff.
Madison Air Solutions shares fell 16% during the week after the cooling solutions company announced a $5.4 billion acquisition of German airflow specialist ebm-papst.
Broadcom negotiated more than $60 billion in fresh debt for AI chip financing, raising questions about whether the company represents a growth engine or a growing obligation for shareholders.
Corporate bond investors are showing signs of fatigue as artificial intelligence companies dramatically increase debt issuance, with some demanding higher yields to absorb the flood of new offerings.
Grindr reported second-quarter revenue of $138 million, up 33% year-over-year, as its AI strategy drives productivity gains and premium subscription growth.
Tencent reported a 65% surge in capital expenditures to 52.8 billion yuan in the second quarter as it expands AI infrastructure, with executives defending the investment’s potential for superior long-term returns.