Brooks Macdonald Group, a U.K. asset manager, faces setbacks in achieving mid-term net flow target due to short-term challenges and potential outflows. However, overall net flows remain positive in fiscal 2024.
Cracker Barrel Old Country Store Inc. reports strong profit in Q4, but revenue falls short due to traffic challenges. CEO announces retirement plans.
Shares of InnovAge Holding dropped after the company reported a larger-than-anticipated loss in Q4. Despite the loss, the company generated improved revenue.
Bitcoin and cryptocurrencies have recovered from a selloff, but concerns mount for September. Market conditions remain uncertain.
Oil prices are increasing as investors anticipate U.S. inflation data and a European central bank decision. The rally has slowed due to concerns about global economic growth. OPEC maintains its predictions for rising oil demand.
Notable companies such as Adobe, Nvidia, Palantir, Salesforce, and IBM have pledged to advance safe and secure AI by undergoing thorough safety evaluations.