Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
IUA and Airmic propose outcome-based insurance models to address protection gaps from converging risks like data centre failure and supply chain disruption.
Brent crude broke below $76 as the U.S.-Iran deal held for a fourth week, with traders targeting $68. The IEA report Wednesday could confirm the widest supply surplus since 2020.
Two negotiated deals on Tadawul totaled SAR 12.2M on June 17. The block trades allow large stake transfers without market disruption. No further details were disclosed.
Rupee closes unchanged at 94.52 as an oil-led rally meets heavy dollar demand from importers. All eyes on the Fed decision and Thursday's WPI print.
SASCO shareholders approved semi-annual or quarterly dividend authority for the board and rejected two related-party deals at the general assembly.
UK CPI came in at 2.8% y/y in May, unchanged from April and below the BoE's 3.5% forecast. The June 18 rate decision now tests the central bank's credibility, with crypto markets watching for a dovish shift.
Bertrand Russell's 1950 quote on anger and opinion applies to trading: if a contrary view makes you angry, your position may lack evidence. A lesson in intellectual honesty for investors.
Shareholders backed the board’s recommendation to skip the 2025 payout, preserving cash for growth and solvency. Parent Chubb Limited (CB) holds an Alpha Score of 56.
A federal housing bill now carries a ban on any Fed-issued digital dollar through 2030. Private stablecoins get an indirect boost from the carve-out. The reconciled measure heads to a Senate vote.
Adel Co. and Sidra Capital broke ground on a SAR 1.3 billion integrated residential district in Dammam, with 858 units and a revenue-sharing structure that ties Sidra's return to sales milestones.
Fad International Co. shareholders approved a 50% cash dividend for 2025 at the June 16 OGM. The payout reflects management's confidence in cash flow and earnings stability.
The ASX 200 hit a two-month high as oil pulled back on ceasefire hopes. Banks and airlines led while energy lagged. Wednesday's CPI is the next test for the rotation.
Illinois' 0.2% tax on every digital asset transaction, from exchange to wallet transfer, draws industry outrage. The gross levy hits users regardless of profit; federal harmonisation faces midterm delays.
B2Gold's say-on-pay resolution passed with 71.3% support at the June 4 AGM. The omnibus plan amendment got 82.6% approval. The next production update is expected with Q2 results in July.
Wolfe Research initiated Avantor with an Underperform rating and $7 price target, flagging growth and margin challenges that could limit upside versus consensus targets near $8.50.
Bank AlJazira's USD AT1 certificates, listed on the London Stock Exchange, set a pricing benchmark for Saudi bank capital. Weak demand would signal higher risk premiums for the sector.
Altaris acquires Simulations Plus for $375M in cash, taking the drug-simulation software firm private. The deal closes in Q4 2026, pending shareholder and regulatory approval.
MESC's board declared a 6% cash dividend for H1 2026, matching prior payout patterns. The record date is pending.
Australia's High Court unanimously ruled Block Earner's fixed-yield crypto product was a financial product, reinforcing ASIC's authority without new legislation.
Bridgewater Associates added to its Agnico Eagle stake in Q1. The gold miner's record production, $200 cost advantage over peers, and $2,350 gold create a setup worth watching.
Crypto market cap briefly hit $3T on a squeeze in SpaceX perps. Bitcoin stayed near $66k. Open interest ticked up, funding rates stayed flat, and traders await the US-Iran deal signing.
Real Madrid signed Bernardo Silva on a free transfer. Without a fan token on the Chiliz platform, the crypto market saw zero activity from the move.
Al Majdiah opened a new sales center in Jeddah's Al Shati District, expanding westward. Revenue rose to SAR 187M from SAR 162M. The center targets mid-income buyers in a market with government subsidies.
OKX Europe offers up to 8% deposit bonuses to attract customers from exchanges facing the EU's July 1 MiCA deadline. Only 194 firms have secured authorization so far.
Cumulative altcoin sell pressure on exchanges reaches -$209 billion. The Altcoin Season Index at 35 suggests Bitcoin dominance, with no recovery signal, per CryptoQuant analyst IT Tech.
AM Best affirmed Vantage Risk's A- rating and lifted its review status after Howard Hughes closed the $2.1 billion acquisition. The agency cited strong balance sheet and capital support.
Tokenized equities market cap hit $1.2B as SEC readies exemption framework; DTCC plans July 2026 launch. Citadel Securities pushes for broker-dealer rules.
Albemarle kept its dividend flat while most lithium miners cut. The stock's 20% pullback from January highs tests the valuation. The balance sheet provides cover.
Strong May jobs (+172k) and sticky CPI erased rate cut hopes. CME FedWatch shows 70% December hike probability. Semis, REITs, small caps hit.
The Newport Beach company will design and install LNG fueling systems for a pharmaceutical plant and a power plant, expanding its infrastructure business into a new market.