Author: Jordan

The biggest IPO in history is about to reach another milestone, but smart investors shouldn’t confuse forced buying with lasting value. On July 7, SpaceX (NASDAQ:SPCX) will officially join the Nasdaq-100 after the Nasdaq exchange rewrote its eligibility rules to allow newly public mega-cap companies into the index without waiting through the traditional seasoning period. That decision guarantees billions of dollars of passive buying from index funds, ETFs, mutual funds, and institutional investors that track the benchmark.  While that demand could give the stock a short-term lift, it doesn’t solve the valuation concerns that have already begun weighing on shares.…

The Japanese team is busy with a statement in Qingdao as Japan rules the medal table, also in the men’s -73 kg category which is one of the most unpredictable events of the day. The gold medal contest brought together two former Paris Grand Slam winners and quickly developed into a gripping, tactical battle. Japan’s Tatsuki Ishihara and Uzbek Shakhram Ahadov in a fight for the grip which dominated the opening exchanges, neither judoka willing to concede even the smallest advantage. By halfway, each athlete had collected two penalties. Ahadov appeared genuinely surprised when he received a third penalty for…

Molo adds MUFB to it’s buy-to-let range, with rates starting from 5.19% FF News Source link

STAFFORD COUNTY, Va. (7News) — Three New York men are facing multiple charges after deputies investigated a possible bank fraud attempt in Stafford County, Virginia, involving fake IDs and stolen credit cards. According to the Stafford County Sheriff’s Office (SCSO), deputies were alerted around 3:12 p.m. on June 25 to a potential fraud attempt at the Bank of America in Stafford Marketplace. When deputies made contact, three people were detained. The sheriff’s office said one of them, identified as Anthony Linen, 19, of the Bronx, N.Y., falsely identified himself to deputies, resulting in additional charges. SEE ALSO | Guitar thrown…

Morgan Stanley Wealth Management announced that it has expanded access to the Morgan Stanley Private Markets and Alternatives Fund (“PMAX”) by registering it as PMAX – Balanced. This change removes the accredited investor requirement, lowers minimum investment amounts, and introduces daily subscriptions, making private market strategies accessible to a broader range of clients through a simplified, professionally managed investment vehicle. Morgan Stanley Wealth Management is also adding to its PMAX product suite with the launch of PMAX – Growth, a fund with a growth-focused allocation, and plans to introduce additional strategies with targeted investment objectives. Historically, access to private markets…

LOCAL property firm Bowman Rebecchi is continuing its commitment to support young people into the workplace, welcoming Port Glasgow student James Tracey to its team. James is currently undertaking a placement with the Gourock-based company through their ongoing partnership with the Career Ready internship programme. He is gaining first-hand experience of working within a professional business environment while developing skills that will support his future education and career ambitions. James is getting access to a variety of areas across the Bowman Rebecchi business, including residential and commercial property, marketing, customer service and business administration. He said: “The internship has been…

Following Sir Keir Starmer’s expected resignation on Monday 22nd June, both the UK government and Labour Party are expecting a new leader within a matter of weeks. A change in leadership could have significant ramifications on many areas of the UK economy, including the private rented sector (PRS).Mayor, “King”, future Prime Minister?Former Mayor of Greater Manchester Andy Burnham — popularly nicknamed the “King of the North” — is currently viewed as the frontrunner for the role of Prime Minister.Barnham himself had to resign from his position of mayor in order to be sworn in as MP for Makerfield, which makes him…

Business advisors Friel Stafford, part of the ifac Group, has appointed PJ O’Brien as head of the firm’s new strategic financing division.PJ will lead the development of the firm’s strategic financing division, working closely with clients and colleagues across the practice to deliver tailored funding and advisory solutions.PJ said: “Having spent over 33 years working in Irish banking and commercial finance, I am looking forward to bringing that experience to bear in supporting clients with growth funding, acquisition finance, refinancing and banking negotiations.“I look forward to working closely with colleagues across Friel Stafford and the ifac Group to deliver practical,…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

Gold (GC=F) August futures opened at $4,044.40 per troy ounce on Friday, June 26, 2026, down 0.1% from Thursday’s opening price. The gold price moved slightly higher this morning to $4,066 at 7:39 a.m. ET. Gold prices haven’t had a good June. This morning, prices for the precious metal are down 11.6% since the June 1 opening figure, and down 2.9% since Monday’s opening. Gold prices could find some room to firm up following the Personal Consumption Expenditures (PCE) index report yesterday. While the index rose 4.1% in May compared to last year, the highest YOY level in three years,…