Microsoft partners with Singapore’s Lightstorm to build India-Southeast Asia undersea cable
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Microsoft partners with Singapore’s Lightstorm to build India-Southeast Asia undersea cable

By Abhirami G July 2 (Reuters) – A consortium including Microsoft and telecom startup Lightstorm plans to build a new undersea cable linking India ‌with Malaysia and Singapore as technology firms compete to expand AI ‌and cloud infrastructure in India, one of the world’s fastest-growing data markets. The consortium, whose other ​members include Tata Communications,…

Alumni Stay Proud But Grow Distant As B-School Grads Demand More
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Alumni Stay Proud But Grow Distant As B-School Grads Demand More

Business school alumni remain proud of where they studied, but their connection to their former institutions is weakening across almost every measure, according to the latest Alumni Matters study from CarringtonCrisp, produced in association with EFMD. The research, conducted among nearly 2,000 alumni from 41 countries, finds that just over three-quarters (76%) of respondents say…

Stock market today: Dow, S&P 500, Nasdaq rise after June jobs report falls short
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Stock market today: Dow, S&P 500, Nasdaq rise after June jobs report falls short

US stocks rose on Thursday as investors assessed a June jobs report that tempered expectations for the next move in interest rates. The Dow Jones Industrial Average (^DJI) ticked up roughly 0.5%, while the S&P 500 (^GSPC) nudged up 0.3%. The tech-heavy Nasdaq Composite (^IXIC) rose 0.2% following Wednesday’s chip sector-led slide. The spotlight is…

Stocks flat as traders digest Fed comments, oil falls
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Stocks flat as traders digest Fed comments, oil falls

By Rodrigo Campos and Danilo Masoni NEW YORK/MILAN, July 1 (Reuters) – A gauge of stock markets around the world edged lower to start the quarter on Wednesday as the U.S. central bank head said inflation expectations have fallen but policy won’t be loose, while oil ‌prices fell as optimism over U.S.-Iran talks eased supply…

Bridgewater’s flagship macro fund gains 8.1% in first half amid market volatility, sources say
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Bridgewater’s flagship macro fund gains 8.1% in first half amid market volatility, sources say

By Anirban Sen NEW YORK, July 1 (Reuters) – Bridgewater Associates’ flagship Pure Alpha macro fund posted a gain of 8.1% after braving a volatile market backdrop during the first half of the year, people familiar with the matter said on ‌Wednesday. Top hedge funds have grappled with turbulence in financial markets this year on…

Bitcoin Nears Major Low as Elliott Wave and Momentum Divergences Signal Reversal
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Bitcoin Nears Major Low as Elliott Wave and Momentum Divergences Signal Reversal

In our April update, we found, using the Elliott Wave Principle (EWP), that Bitcoin () would ideally rally to $82,612- $84,339 before another decline. BTC topped at $82,813 on May 6 and hit a new low at $57,739 today. So far, so good; see Figure 1 below. The recent decline is best counted as a…

ETF League Tables: SPDR Sheds .4B
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ETF League Tables: SPDR Sheds $8.4B

Issuer AUM ($, mm) Net Flows ($, mm) % of AUM YTD 2026 Net Flows($,M) BlackRock, Inc. 4,563,526.69 381.60 0.01% 300,691.75 Vanguard 4,474,685.09 213.54 0.00% 259,730.71 State Street 1,736,759.15 -8,311.16 -0.48% 26,894.24 Invesco 975,369.65 -3,881.43 -0.40% 49,040.62 Charles Schwab 579,748.34 525.71 0.09% 33,892.57 JPMorgan Chase 326,160.28 379.51 0.12% 37,353.83 Dimensional 297,832.11 387.00 0.13% 26,371.39 First…

Weakness in Chipmakers Drags Stock Indexes Lower
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Weakness in Chipmakers Drags Stock Indexes Lower

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.22%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.54%.  September E-mini S&P futures (ESU26) fell -0.21%, and September E-mini Nasdaq futures (NQU26) fell -1.57%.  Stock indexes settled lower on Wednesday, with the S&P 500 falling from a…

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