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Only 6 of 45 flexi-cap funds posted a Sortino ratio above 1. Bank of India led at 1.18, while Samco was the only scheme with a negative reading. The measure isolates downside risk, and the gap maps to long-term returns.

BNY plans to offer institutional crypto staking through Galaxy, which already stakes ETH for BlackRock's ETF. One provider could hold enough stake to disrupt network finality.

RWE walks away from three offshore wind leases for $1.22B as Trump administration buybacks hit $3.9B. The German utility will redirect funds into LNG and gas turbines.

F&G beat Q2 EPS estimates as new CEO Connor Murphy outlines a strategy for a stabilizing rate environment. Sales of fixed-indexed annuities fell 8%.

Shift4 Payments beat Q2 estimates with volume up 42%, raised full-year guidance. Europe volumes rose 50%. CEO targets $1B EBITDA by 2029.

Royalty revenue fell 8% as Permian drilling eased. Water services revenue rose 5% to $48.3 million. CEO sees signs of a plateau in the rig count. Alpha Score 54.

Gravity, an adtech startup placing ads in chatbots and AI agents, raised a $30.5M Series A co-led by Lightspeed Venture Partners and Committed Capital. Total funding is now $38.5M.

AI agents can now trade onchain through MetaMask’s wallet, with user-set spending limits and a three-stage security screen. The product launched August 6 after a June early access period.

Hassabis steps down as DeepMind CEO as Alphabet consolidates AI in California. The move ends his U.K. research stronghold and shifts priorities toward products.

X rolled out payments with Visa and interest, not crypto. Product chief Nikita Bier steps down. The EU path requires MiCA — no application in sight.

Bombardier ranked No. 1 in AIN Product Support Survey for the third consecutive year and in Professional Pilot Magazine's survey for the second year, the company said.

Rwanda's Mutuelle de Santé covers 91% of the population. Zimbabweans spend 68% of life insurance premiums on funeral coverage. Mutual aid healthcare is proving it can work where states and commercial insurers cannot.