Lazard, Inc. reported preliminary assets under management (AUM) of approximately $290.3 billion as of August 31, 2026. This figure reflects market appreciation of $3.7 billion, net outflows of $1.8 billion, and foreign exchange gains of $1.5 billion during the month. The increase in AUM highlights Lazard's continued growth in equity, fixed income, multi-asset, and alternative investments. This update is important for investors tracking the firm's asset management performance and market position.
Kroger reported a 5% increase in adjusted earnings per share to $1.09 for Q2 2026, driven by cost savings and profitable eCommerce growth. Despite a slight 0.2% rise in identical sales excluding fuel, the company lowered its full-year sales guidance ...
A crowdsourced challenge involving over 100 researchers and AI agents reduced the quantum computing cost of a key step in attacking Bitcoin and Ethereum by 86% in two months, achieving a score well below Google's previous benchmark. The optimized poi...
Oil prices fell on Friday but Brent crude futures remained above $100 a barrel, ending a multi-day winning streak. Brent crude dropped 3.58% to $103.78, while U.S. WTI crude fell 2.17% to $99.23. The market is reacting to escalating conflict in the M...
JP Morgan initiated coverage of IWG PLC, the world's largest flexible workspace provider, with an overweight rating and a price target of 260p by December 2027, implying a 46% upside. The bank highlights the rapid growth of flexible office space leas...
Amazon is rated Buy as its growth and valuation increasingly depend on AI-driven AWS and data center investments. AWS is expected to generate over 70% of Amazon's EBITDA by 2030, but long-term returns rely heavily on monetizing AI-as-a-service. Key r...
