Author: FinSiddhi

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Costco reported strong June sales growth of 10.6% year over year. This growth, however, marked a slowdown from the previous month’s pace. Investors reacted negatively to signs of moderating sales momentum. The company’s premium valuation amplified the market’s sharp reaction to the news.

Tencent is in talks to become the largest shareholder in AI startup Manus as investors seek to buy back the company from Meta after Chinese regulators ordered the US tech giant to unwind its $2 billion acquisition. The proposed deal would reshape Manus’ ownership amid heightened regulatory scrutiny of cross-border AI investments.

Singapore sovereign wealth fund GIC has appointed two deputy group chief investment officers and named a new chief investment officer for its Fixed Income & Multi Asset business as part of a senior leadership reshuffle. The changes aim to strengthen oversight of the fund’s global investment operations.

US private credit funds raised significant capital in the second quarter. Direct lending activity, however, saw a sharp decline during the same period. This divergence highlights investor capital outpacing available new lending opportunities. Private equity-backed lending experienced the most substantial decrease in deal volume. Investors now prioritize underwriting discipline and risk-adjusted returns over deployment speed.

Sovereign wealth funds are increasingly prioritising national strategic goals over pure financial returns, with artificial intelligence and semiconductors emerging as key investment areas. Backed by governments, these funds are making fewer but significantly larger investments to strengthen technological leadership, supply chains and long-term economic resilience.

ET Most Innovative AI Product Awards 2026 celebrates AI products that generate tangible business results in different enterprise functions. The focus is often on customer-facing applications, but many of the most valuable AI products are helping teams in finance, operations, legal and tax make faster decisions, simplify complex processes and build businesses that can scale…

HFCL shares witnessed an uptick on Friday after the company secured a Rs 496 crore overseas order for data centre connectivity solutions, extending their 220% rally in 2026. With a record order book, rising exports and growing AI, defence and telecom opportunities, analysts remain optimistic about the company’s long-term growth prospects.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…