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Risk assets rise on Fed rate cut hopes; QuantRate launches free AI trading bot for retail investors.
Markets are rallying as investors anticipate potential Federal Reserve rate cuts later in 2026, boosting equities, cryptocurrencies, and other risk assets. QuantRate has introduced a free AI-powered quant trading bot to help retail investors access a...
Activist shareholder demands board accountability and strategic review at Equus Total Return amid losses and governance concerns.
Howard Todd Horberg, an activist shareholder owning 5.61% of Equus Total Return, Inc., filed a Schedule 13D with the SEC calling for immediate board accountability and a strategic review ahead of the June 30 annual meeting. He highlights the company'...
Flipkart builds 1,000 micro-fulfillment centers to boost quick commerce in India, aiming for 1,500 by 2026.
Flipkart has established a network of 1,000 micro-fulfillment centers across India less than two years after launching its Minutes quick-commerce service, with plans to expand to 1,500 centers by the end of 2026. These small warehouses enable deliver...
California approves land lease for Monterey Peninsula desalination project to secure drought-proof water.
The California State Lands Commission has approved California American Water's lease application for state lands needed to build subsurface slant wells for the Monterey Peninsula desalination project. This project aims to provide a reliable, drought-...
China's 15th Five-Year Plan drives innovation and global cooperation amid economic uncertainties.
China's 15th Five-Year Plan (2026-2030) focuses on innovation, resilience, and quality growth, aiming to lead in sectors like quantum computing and 5G. Former EU economist Rudy Aernoudt highlights China's clear, unified long-term planning approach as...
General Fusion achieves 8.4 million °C plasma heating, nearing key fusion milestone with LM26 machine.
General Fusion has made significant progress with its LM26 Magnetized Target Fusion (MTF) machine, achieving plasma electron temperatures of about 8.4 million degrees Celsius (0.72 keV), a key step toward its 1 keV target. This milestone demonstrates...
UVXY ETF lost 75% in a year due to fees, leverage decay, and futures costs despite stable VIX.
ProShares Ultra VIX Short-Term Futures ETF (UVXY) has lost about 75% of its value over the past year, even as the VIX index remained stable around 17.28. This steep decline is driven by a 0.95% annual fee, daily leverage reset that compounds losses, ...
XLK ETF's low fee hides high risk from heavy concentration in just a few tech giants.
The Technology Select Sector SPDR Fund (XLK) charges a low expense ratio of 0.08%, but its real cost lies in its heavy concentration in just a few tech stocks like NVIDIA, Apple, and Microsoft, which together make up 40% of its assets. This concentra...
SOXL ETF dropped 23% in one day, revealing risks of leveraged semiconductor ETFs for long-term holders.
On June 23, 2026, the leveraged semiconductor ETF SOXL fell sharply by 23.06% in a single session, much more than its non-leveraged peers SOXX and SMH, which dropped around 7-8%. SOXL aims to deliver 3 times the daily performance of the semiconductor...
Toyota faces profit pressure from US tariffs and misses revenue targets, prompting CEO change and focus on hybrids.
Toyota Motor Corporation reported a $5.6 billion revenue shortfall and is under profit pressure due to U.S. tariffs, leading to a CEO change aimed at improving financial discipline. The company is increasing U.S. production and emphasizing hybrid ele...