London-based AI developer Mantic announced a $25 million seed funding round led by Radical Ventures, alongside Microsoft’s venture fund M12, Thinking Machines Lab, and Balderton Capital. Key Takeaways: A major milestone as frontier AI transitions from generating content to predicting real-world outcomes! 📊🔮
U.S. equity funds experienced net redemptions for a fourth consecutive week through September 18, driven by four-month highs in crude oil prices, climbing Treasury yields, and the Federal Reserve’s 25 bps interest rate hike. Key Data Highlights: Higher energy prices linked to geopolitical tensions continue to drive risk aversion across Wall Street! 📊💵
State-owned giant China Rare Earth Group is in talks to acquire a controlling stake in Shenghe Resources. The deal would further consolidate Beijing’s dominance over critical minerals and hand it a stake in a key U.S. defense supplier. Seeking Alpha+ 1 Key Takeaways: A major geopolitical development in the critical minerals landscape, as Beijing tightens...
U.S. equity funds experienced net redemptions for a fourth consecutive week through September 18, driven by four-month highs in crude oil prices, climbing Treasury yields, and the Federal Reserve’s 25 bps interest rate hike. Key Data Highlights: Higher energy prices linked to geopolitical tensions continue to drive risk aversion across Wall Street! 📊💵
Cross-border commercial real estate transactions jumped 56% year-on-year to $71.8 billion in the first half of the year, significantly outpacing broader overall property deal growth (+10% YoY to $604.6B), according to research from JLL and MSCI. Key Takeaways: A strong revival in international capital allocation across commercial real estate, even as macro interest rate headwinds...
Spiking oil prices and a hawkish Federal Reserve rate hike sparked the largest weekly exit from global equity funds in nine months, according to LSEG Lipper data for the week ending September 16. Key Data Highlights: Surging energy costs linked to Middle East tensions continue to drive market volatility and capital reallocation! 📊💸 #GlobalMarkets #Finance...