In a major step toward AI-optimized infrastructure, Meta Platforms (NASDAQ: META) announced a partnership with Arm Holdings to power its core AI systems — including the personalization engines behind Facebook and Instagram. 💻 Why it matters:Meta will use Arm-based data-center platforms to enhance the performance and energy efficiency of its AI ranking and recommendation systems...
The ripple effects of First Brands’ bankruptcy — following the collapse of subprime lender Tricolor — are testing Wall Street’s confidence in the multitrillion-dollar corporate credit market. 🔹 Bank Exposure Snapshot 🔹 Market ContextThe twin bankruptcies have rattled confidence across leveraged loans, CLOs, and subprime auto credit — key engines of modern structured finance. Yet,...
After nearly a decade-long legal battle, Britain’s Financial Conduct Authority (FCA) has secured $101 million in redress for investors affected by BlueCrest Capital Management’s conflict of interest — marking the conclusion of one of the UK’s most closely watched fund governance cases. 🔹 BackgroundBetween 2011 and 2015, BlueCrest — co-founded by billionaire Michael Platt —...
In a landmark move, the UK Financial Conduct Authority (FCA) has unveiled plans to let asset managers issue crypto-tokens representing fund shares on public blockchains like Ethereum — a major step toward modernising fund infrastructure and engaging younger investors. 💠 Why It MattersUntil now, tokenisation in the UK was restricted to private chains. Allowing public...
In a bold move that could reshape U.S. ETF dynamics, Volatility Shares has filed to launch 27 highly leveraged ETFs, including the first-ever 5X single-stock ETF — a milestone for the $12 trillion ETF industry. 💥 What’s new:The proposed ETFs would deliver up to five times the daily return of underlying stocks such as Tesla,...
The UK government is ramping up efforts to bring global capital into Britain — with next week’s high-level investment talks set to include Australia’s biggest superannuation funds such as AustralianSuper, Aware Super, and Macquarie Group. 🟢 What’s happening:Executives managing over $1 trillion in assets are scheduled to meet with UK ministers — including Finance Minister...