Cerulli: Advisor Alts Allocations Could Double to $4 Trillion

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U.S. advisor ownership of less-than-fully-liquid alternative investment products could grow by $2 trillion in the next five years, according to a new report from Cerulli. The firm estimates current allocations stand at $2.2 trillion, meaning AUM could nearly double in that timeframe. The firm pointed to the growing number of interval funds and other semiliquid […]

Implosion of Situational Awareness has Wall Street betting the bottom is in for the AI trade

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One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind in his mid-20s has apparently just been carried out on a stretcher.

Freddie Mac earnings soar 61% as credit reserve release lifts profits

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Freddie Mac earnings soar 61% as credit reserve release lifts profits – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social […]

‘Is This House Haunted?’ The Strangest Questions People Are Asking RealAssist AI

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Forget mortgage rates and property taxes—today’s home shoppers on Realtor.com® are sussing out the real dealbreakers. From suspected haunted listings to backyard chicken logistics, some buyers are ditching standard search terms and taking a delightfully quirky approach to house hunting. Home shoppers are bringing their unusual questions to RealAssist AI, a homebuying assistant tool built […]

Chicago’s CFO and deputy CFO are out

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Former acting CFO Steven Mahr has left the city of Chicago’s finance team.City of Chicago Acting Chief Financial Officer Steven Mahr and Deputy CFO Noor Shaikh have left the administration of Chicago Mayor Brandon Johnson as internal battles between the CFO’s office and the office of Budget Director Annette Guzman broke out into public view. […]

Amazon (AMZN) Q2 earnings report 2026

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Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon reported second-quarter earnings on Thursday after the bell. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $5.75 a share. That may not […]

Neurocrine Biosciences Reports Second-Quarter 2026 Financial Results

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Total Second-Quarter 2026 Revenue Grew 39% Year-Over-Year to $959 Million INGREZZA® (valbenazine) 2026 Net Sales Guidance Raised to $2.825 to $2.875 Billion Acquisition of Soleno Therapeutics Completed in May 2026 SAN DIEGO, July 30, 2026 /PRNewswire/ — Neurocrine Biosciences, Inc. (Nasdaq: NBIX) today announced its financial results for the second quarter ended June 30, 2026. “Our […]

Fed cracks down on theft at banks

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Processing Content Key insight: The Federal Reserve is cracking down on bank employees caught stealing funds from banks and their customers. Expert quote: “Older adults are targets for financial exploitation due to their income and accumulated life-long savings, in addition to the possibility that they may face declining cognitive or physical abilities, isolation from family […]

Related’s 70 Hudson Yards Is Coming Online At The Right Time

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With little new office construction on the horizon and tenants racing to secure trophy space, Related Companies’ latest Hudson Yards tower appears to be arriving at just the right moment. And it’s the largest project of its kind since the pandemic. After landing Deloitte as an anchor tenant for 900,000 square feet at its under-construction […]

£13m development facility backs 33-home Birkdale scheme

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United Trust Bank has provided £13m in acquisition and development finance for a 33-home residential scheme in Birkdale, a coastal location in the North West. The funding has been extended to Oakwood Group, a regional housebuilding company established in 2014. The development will convert a former utility site into a mix of 18 detached houses, […]