Fidelity Leveraged Company Stock Fund
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BREN, CUAN Surge Despite MSCI Removal, May 30
31 Indonesian stocks removed from MSCI indices. BREN and CUAN hit upper limits as domestic buyers absorb foreign outflows ahead of June 1 rebalancing.
JPMorgan Signals $20B Acquisition Capacity, May 29
JPMorgan CEO Jamie Dimon signals potential $10-20 billion in acquisitions, backed by $40-50 billion excess capital and rising investment banking fees.
India’s Stock Market Falls 1.5% on Monsoon Fears and Iran Tensions, May 30
NSE Nifty fell 1.5% to 23,547.75 and BSE Sensex dropped 1.44% to 74,775.74 on May 29 amid monsoon concerns, FII selling, and MSCI rebalancing.
Anthropic Hits $965B Valuation, Surpasses OpenAI in May 29 Funding
Anthropic raises $65B Series H at $965B valuation with $47B run-rate revenue, led by top-tier investors including Altimeter Capital and Sequoia.
Hong Kong Deposits Rise 1.5% in April as Fixed Rates Climb, May 30
Hong Kong deposits grew 1.5% in April 2026. HKD deposits up 1.3%, foreign currency up 1.6%, renminbi surged 4.1%. Fixed deposit rates now competitive.
CIBC Stock Falls 5% After Q2 Earnings Beat, Caribbean Sale, May 29
CIBC posts Q2 profit of C$2.5B with 25% EPS growth and sells Caribbean unit for US$1.6B, but stock drops 5% on profit-taking despite earnings beat.
Futu Holdings Drops 4.8% After $1.85B Mainland Fine, May 30
Futu Holdings stock fell 4.8% after $1.85B mainland fine, but Q1 core profit surged 35.8% driven by overseas market expansion.
Nasdaq Composite Hits Record as Tech Rally Extends Into May 29
Nasdaq Composite hits record high as tech stocks surge amid US-Iran ceasefire optimism and falling oil prices. S&P 500 also reaches new peak.
JPMorgan Ordered to Pay $4.25M Over Broker’s Firing, May 29
JPMorgan Chase ordered to pay $4.25M to former broker Bodner after FINRA ruled his termination over a deli platter unjustified.