Swedish Pension Fund Alecta Sells Majority of U.S. Treasury Holdings
Swedish pension fund Alecta exits most U.S. Treasury positions, citing rising political and economic risks, cutting about $8 billion since 2025.
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2 news articles · 6 briefs · 1 guidesSwedish pension fund Alecta exits most U.S. Treasury positions, citing rising political and economic risks, cutting about $8 billion since 2025.
Shares of Ubisoft collapsed nearly 33% in a single session after the French video game publisher announced sweeping restructuring measures and the cancellation of several projects. The drop marks the company’s steepest one-day decline since its 1996 market debut.
U.S. markets jump after Trump scraps new EU tariffs, lifting the Nasdaq 1.2% and adding roughly $700 billion in market value.
The IMF raises its 2026 global growth forecast, citing AI-driven productivity gains and easing trade-related headwinds.
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Blue Origin introduced its TeraWave satellite communications network, promising data speeds of up to 6 terabits per second for enterprise clients. The constellation is set for deployment by 2027, positioning it as a high-capacity rival to Starlink.
Anthropic targets a $25 billion funding round led by Sequoia, GIC, and Coatue, valuing the AI company at about $350 billion.
OpenAI says annualized revenue surpasses $20 billion in 2025 as compute expansion and monetization drive record user activity.
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