Norway's sovereign wealth fund, managing $2.3 trillion, proposes reducing its government bond allocation from 70% to 50%, mainly cutting U.S. Treasury holdings from 34.1% to 21.9%. This shift aims to diversify risk and seek higher returns by increasing investments in other U.S. bonds, mortgage-backed securities, and Japanese government bonds. The fund's leaders highlight that mortgage-backed securities could reduce volatility during crises, complementing equities and government bonds. This move comes amid rising U.S. Treasury yields and concerns over fiscal sustainability, signaling a shift in traditional bond-buying patterns.
Metals One PLC has raised £4 million in funding from Yorkville Advisors Global to support its gold projects in Africa and the Americas and cover general working capital. The funding is structured as a senior promissory note, avoiding equity dilution ...
Ultra Clean Holdings reported a 24% revenue increase to $644.9 million in Q2 2026, driven by demand linked to AI-related semiconductor complexity. The company projects Q3 revenue between $700 million and $750 million with EPS of $0.83 to $1.03. Despi...
Chainlink Data Feeds went live on the Tempo blockchain on September 3, providing reliable onchain market prices for stablecoin and financial applications. This integration allows developers to automate collateral valuation, exchange-rate comparisons,...
Uniswap Labs has purchased the PONS token from the Robinhood Chain launchpad, which generates $5.95 million in daily fees and recently hit a new all-time high price above $0.52. The transaction details, including price and amount, were not disclosed,...
A $70 million Hollywood film titled 'Bitcoin,' directed by Doug Liman and starring Gal Gadot, Casey Affleck, and Pete Davidson, controversially portrays Craig Wright as Bitcoin's creator, a claim rejected by British courts due to forgery. The film, f...
