Meridian Funds, managed by ArrowMark Partners, released its first-quarter 2026 investor letter for “Meridian Contrarian Fund”. The Fund aims to invest in undervalued companies with clear catalysts for sustainable improvement. A copy of the letter can be downloaded here. The US equities market started 2026 with volatility driven by trade policy uncertainty and heightened geopolitical…
By Georgina McCartney HOUSTON, June 29 (Reuters) – Oil prices gained more than 1% on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains. Iranian and U.S. technical teams working on…
Drayage operators are under growing pressure to do more with less. Between demand volatility, terminal congestion, driver shortages, and shrinking margins, relying on manual processes is no longer sustainable. FreightWaves partnered with CargoWise Landside to survey drayage professionals and uncover how carriers are responding to today’s operational challenges. Insights include: The biggest operational challenges limiting…
By Harry Robertson and Rodrigo Campos LONDON/NEW YORK, June 29 (Reuters) – A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities edged lower, but Wall…
For decades, the pitch for community-owned electric utilities has been simple enough to fit on a bill insert: lower rates, reliable service, and decisions made close to home. The numbers still back that up. What has changed, according to Scott Corwin, president and CEO of the American Public Power Association (APPA), is the difficulty of…
Atai Capital Management, an investment management firm, recently released its first-quarter 2026 investor letter. A copy of the letter is available to download here. The portfolio demonstrated strong performance in the quarter, returning 6.6% compared to 4.3% decline for the S&P 500, a 0.9% gain for the Russell 2000, and a 1.5% gain for the…
What happened: Comcast (CMCSA) stock jumped 8% on Monday. What’s behind the move: Comcast announced Monday that it intends to divide its operations into two standalone public companies, separating its media assets from its technology and connectivity businesses. The transaction will be completed through a tax-free spin-off of NBCUniversal and Sky. “Comcast will continue to…
This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. Dive Brief: Financial analytics and indexing firm MSCI announced Wednesday it is acquiring physical climate risk modeling company First Street in a bid to help companies meet rising regulatory and reporting requirements. The…
Gold (GC=F) August futures opened at $4,101.10 per troy ounce on Monday, June 29, 2026, essentially flat, up 0.1%, from Friday’s closing price of $4,096.30. As of 7:58 a.m. ET, the price of gold was $4,051.10 a.m. ET. Gold prices have been relatively steady since last week. For comparison, gold prices opened up last Monday…
Summary In a week shortened by the July 4th holiday (observed by U.S. stock markets on Friday, July 3), the big news for the week will be the employment report that comes out on Thursday. Last week, the Dow Jones Industrial Average rose 0.6%, while the S&P 500 fell 1.9%, and the Nasdaq fell 4.6%….
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