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ASE Technology sees AI chip demand boost but insider selling and high valuation raise caution.
ASE Technology Holding Co Ltd reported strong growth driven by demand for AI chip packaging, with gross margins rising to 20.1% from 16.8% year-over-year. The company expects its advanced packaging revenue to exceed $3.5 billion in 2026, reflecting r...
Over 20 pharma firms actively develop 25+ drugs for acute kidney injury treatment, signaling strong pipeline growth.
More than 20 pharmaceutical companies are actively researching and developing over 25 drugs for acute kidney injury (AKI), a condition causing sudden kidney function decline. Key players like AstraZeneca and Akebia Therapeutics are advancing therapie...
Law firm probes fairness of shareholder deals in Dana, Roku, TruBridge, Affinity Bancshares sales
Halper Sadeh LLC is investigating whether shareholders of Dana Incorporated, Roku, TruBridge, and Affinity Bancshares are receiving fair treatment in their companies' proposed sales. The firm highlights potential conflicts where insiders might gain b...
Bill Foley aims to bring an NBA franchise to Las Vegas, leveraging his success with the Vegas Golden Knights.
Bill Foley, founder and majority owner of the Vegas Golden Knights, is pursuing an NBA franchise for Las Vegas. He has appointed Morgan Stanley as his exclusive financial advisor and plans to build the team using his existing sports holdings and venu...
liv.rent launches verified short-term rental licence badges to combat Vancouver rental scams during major soccer event
With Vancouver hosting a major international soccer event, liv.rent introduced a verified short-term rental licence badge to help renters avoid scams amid high demand and limited accommodation. The feature cross-checks landlords' licence numbers with...
Roundtable to host webinar on new real-time AI/DeFi payment platform with Coinbase integration
RTB Digital, Inc. (Roundtable) announced a virtual investor webinar on June 26, 2026, to discuss its new real-time, onchain payment platform for professional media. The platform integrates Coinbase Prime and USDC payment rails, enabling instant ad re...
Delta CEO says airline fares rose due to fuel costs and limited flight supply, but demand stays strong.
Delta Air Lines CEO Ed Bastian explained that airline ticket prices increased mainly because of soaring fuel costs linked to the Iran conflict and limited flight supply caused by congested air traffic control. Despite these higher costs, travel deman...
Active ETFs hit record $2.49T assets in May with $411.75B inflows, doubling 2025's pace.
Actively managed ETFs worldwide reached a record $2.49 trillion in assets by the end of May 2026, surpassing the previous high set just a month earlier. Year-to-date inflows totaled $411.75 billion, nearly double the $220.53 billion recorded through ...
Midcap ETF XMMO leads with industrials, gaining 22% in 2026 amid AI-driven electricity demand.
The Invesco S&P MidCap Momentum ETF (XMMO) is showing strong performance in 2026, with a 22.11% gain year-to-date as of May 31. Unlike typical expectations that midcap momentum funds focus on tech or financials, XMMO has a surprising 42.51% allocatio...
Active management may outperform passive in municipal bonds due to uneven state funding cuts.
Municipal bonds remain solid with all states holding investment-grade ratings, but active management could offer advantages amid federal funding cuts from the One Big Beautiful Bill Act (OBBBA). The act reduces federal support for programs like SNAP,...