Banco Bradesco S.A. is showing signs of a robust recovery as its return on average equity (ROAE) surpasses the Selic rate, indicating improved profitability after years of decline. The bank's net interest income (NII) growth and a higher quality secured-credit portfolio suggest that the recovery is based on solid fundamentals rather than just loan growth. Additionally, the bank offers a high single-digit dividend yield, rewarding investors as ROAE trends toward the high teens. This progress reopens the investment thesis on Bradesco, positioning it as more than just a turnaround story but a normalization of operations.
The FDA has approved Casgevy, a gene therapy using CRISPR technology, for children aged 2 and older with sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT). This therapy modifies patients' own stem cells to increase fetal hemo...
Guggenheim Investments declared distributions for multiple closed-end funds, including Advent Convertible Income Fund and Guggenheim Strategic Opportunities Fund, with payments scheduled for July 31, 2026. These distributions may include income, capi...
AI/R Avenue Code, a subsidiary of AI/R, has achieved Google's Gemini Enterprise competency, recognizing its expertise in deploying advanced AI solutions securely in enterprises. This certification highlights their strengths in security, workflow auto...
A Tesla electric Semi truck was involved in its first fatal accident on June 28, 2026, in Dayton, Nevada, where it collided with a small Volkswagen Beetle, killing both occupants. The Tesla driver was unharmed, and preliminary reports suggest the tru...
Aave, a leading decentralized lending protocol, saw its largest single-day increase in new Ethereum wallets since October 2021, adding 1,806 wallets on June 30. This surge coincided with a 9% rise in the AAVE token price, reaching about $86.94. The g...
