FTSE 100 up 7.4% for the year despite global jitters
July 7, 2026, 7:42 AM EDT. The FTSE 100 is up 7.4% year-to-date and has climbed 21.4% over the last 12 months, even as worries about global volatility and tension in the Middle East stick around. The gains show how the market can hold up when corrections hit, with some analysts saying these moves create buying chances for investors looking long-term. Uncertainty is still out there, but the index’s mix of sectors like energy, financials, and pharmaceuticals adds support. Analysts say holding steady matters-‘time in the market beats timing the market’-and suggest investors stay patient through swings instead of bracing for a crash.
Why I’m not worrying about a stock market …
Wilmington PLC’s Ruth Abdey Exercises 7,346 SAYE Options, Ups Stake
July 7, 2026, 7:32 AM EDT. Ruth Abdey, a PDMR at Wilmington PLC, exercised 7,346 options from the 2018 SAYE scheme at £2.45 each on July 7, 2026. After the move, her holding rose to 35,938 shares, or 0.04% of the voting rights. Wilmington, a RegTech firm focused on GRC services, runs an AI-driven platform and employs over 1,100 people. The company disclosed the insider trade as required under UK Market Abuse rules.
Brandes Trims C&C Group Plc Holding to 17.99%
July 7, 2026, 7:31 AM EDT.C&C Group Plc said on July 7, 2026, that Brandes Investment Partners, L.P. cut its stake to 17.99% as of June 30, down from 18.08%. The latest filing covers a change in voting rights for the issuer, which is listed under ISIN IE00B010DT83 but is not a UK company. San Diego-based Brandes now controls 6,668,328 voting rights or 17.99% in the group. Brandes did not report any financial instruments or proxy voting. The move comes under TR-1 rules on major holdings, fulfilling disclosure requirements.
Vertex to Buy IBT Portfolio Name Crinetics for $85/Share in Cash
July 7, 2026, 7:30 AM EDT. International Biotechnology Trust (IBT) said Vertex Pharmaceuticals will acquire its holding Crinetics Pharmaceuticals for $85 a share in cash, a 102% premium to the 6 July close. Crinetics has the FDA-approved drug PALSONIFY for endocrine disorders and a Phase 3 congenital adrenal hyperplasia candidate, atumelnant. The position is 3.17% of IBT’s Net Asset Value. IBT’s managers called this the eighth takeover for the portfolio in 2026 as M&A stays busy, with drugmakers under pressure from patent losses.
RCS – Intnl. Biotechnology – Portfolio com…
Booking Holdings NASDAQ:BKNG Buybacks Can't Shore Up Shares as AI Concerns Weigh
July 7, 2026, 7:29 AM EDT. Booking Holdings NASDAQ:BKNG cut its share count by 22% from 2022 to 2025, pouring money into buybacks to lift ownership and boost earnings per share. The company spent $3.6 billion on repurchases in Q1 2025 and still has $18.2 billion authorized. Even so, the stock has dropped 22% in the past year as investors worry AI could let users bypass Booking’s platform for direct bookings. The fear is AI will hit the company’s growth or lower its take rate. The buybacks are running up against market doubts about how AI might change the business.
Down 22%, this cheap ‘cannibal’ stock from…
JPMorgan Chase ups Beazley PLC stake to 7.55%
July 7, 2026, 7:28 AM EDT. JPMorgan Chase & Co lifted its voting rights in Beazley PLC to 7.55% as of July 2, 2026, crossing the disclosure mark. The bank now reports 5.52% in direct voting shares and another 2.03% from cash-settled equity swaps. The previous stake was at 6.07%. Beazley officially got notice of the change on July 6, 2026, under rules requiring disclosure after passing certain thresholds.
REG – Beazley PLC JPMorgan Chase & Co
FTSE 100 bumps up as Shell and energy names support index
July 7, 2026, 7:27 AM EDT. The FTSE 100 moved a bit higher on Tuesday, with Shell and other energy stocks helping keep the index in the green. Gains in energy were enough to make up for lagging precious metals miners, which slipped after recent weakness in commodities. Shell gave the broader market a boost as traders stuck with energy shares against changing global sentiment.
London's FTSE 100 edges up as Shell lifts …
Sonic Healthcare ASX:SHL up 13% in a month; margin risks, valuation debated
July 7, 2026, 7:12 AM EDT. Sonic Healthcare ASX:SHL has climbed 13.03% over the past month to A$21.86 after falling 14.90% in the last year, trading under its typical valuation range. The fair value is pegged at A$30.00, which puts the stock at a 27.1% discount. Some think the shares look cheap, but there are concerns-mainly wage inflation and delayed reimbursements in the U.S. Margin pressure is in focus. Sonic’s push comes as it integrates the LADR acquisition in Germany and leans into AI projects. Analysts warn about the impact of reimbursement cuts and unstable U.S. margins, which could hit profits harder than expected. The mix of upside and risk has analysts urging caution and suggesting investors weigh healthcare AI plays as part of the picture.
Sonic Healthcare (ASX:SHL) Draws Fresh Att…
More UK Homeowners Set for Higher Mortgage Bills, Bank of England Says
July 7, 2026, 7:00 AM EDT.Over five million UK homeowners are now on track to see mortgage costs go up by 2028, the Bank of England said in its updated Financial Stability Report. That’s up from four million in December. People coming off fixed-rate deals will see average rises of about £45 a month, but around 750,000 borrowers paying less than 3% could get hit with jumps of £170 a month. About eight out of ten homeowners are on fixed-rate mortgages for two to five years. The Bank said repayments are unlikely to fall for many refinancing, pointing to Iran tensions as a key risk. Household debt stays low, but the bank flagged risks for those with less income as energy bills climb. The Bank also said it’s watching pricey AI stocks and more cyberattack threats.
One million more UK homeowners expected to…
Glencore Slides in London as Cobalt Export Worries Weigh on Copper Hopes
July 7, 2026, 6:59 AM EDT. Glencore plc fell 0.5% to 513.50p in London, lagging the FTSE 100. Traders point to worries about Congo’s cobalt export limits even as copper output stays solid. The stock is off 27% from its June high, with some investors doubtful over Glencore’s chances of hitting heavier copper and coal targets for the second half. Congo recorded a 4.8% rise in copper shipments and a 24.5% jump in cobalt exports in Q1, but export quotas for cobalt and logistics remain a drag. CEO Gary Nagle is sticking to his 2026 guidance and says H2 production will focus on Collahuasi copper and Canadian steelmaking coal. Market cap stands at around £60.4 billion, with shares still off the 52-week top as regulatory and operational risks linger.
Glencore drops in London as Congo limits c…
Diageo Shares Gain After Monday Drop, but Long Recovery Expected
July 7, 2026, 6:58 AM EDT. Diageo shares moved up 3.31% to 1,562p, erasing Monday’s fall, though the stock is still 27% below its 52-week high. Analysts still see a slow recovery; net sales aren’t set to beat fiscal 2025’s $20.245 billion until 2029. Organic growth could pick up in fiscal 2027, but asset disposals and changing product trends are likely to weigh on sales. North America is the key drag-organic sales there are forecast to fall 8% in fiscal 2026 and another 2.2% in 2027, even as the region delivers more operating profit than both Europe and Asia Pacific together. CEO Sir Dave Lewis called North America tough and kept guidance tight: flat organic operating profit and a 2%-3% dip in organic net sales for fiscal 2026. The shares trade at around 12 times projected earnings, showing investors are still wary about a near-term turnaround.
Diageo gains ground, but sales reset could…
Insig AI CEO Steps Up With Funding at a Premium; Clean Power Hydrogen Sinks After Raise
July 7, 2026, 6:57 AM EDT.Insig AI CEO Richard Bernstein pitched in with a proposed £250,000 cash injection at 15p a share, plus an option for another £250,000 at 18p. Insig AI says revenue could double to about £1.65 million this year, aiming for an operating profit and eyeing a possible Nasdaq listing. Over at Clean Power Hydrogen, shares crashed 89.2% to a record low of 1.475p after the firm pulled in £500,000 from retail investors at 1.5p a share. The company has now raised £7.5 million as it shifts toward partnerships, licensing, and manufacturing deals. Empyrean Energy, Petards Group, Ixico and Premier African Minerals were among AIM risers, while Forgent and Tekcapital saw share falls or announced strategy updates.
AIM movers: Insig AI boss offers cash at a…
Unilever ULVR.L Gains 3% as Shares Approach Analyst Targets Before Earnings
July 7, 2026, 6:56 AM EDT. Unilever shares added 3.05% to 4,695.75 pence, ahead of the FTSE 100’s 0.47% move, with investors looking to the July 28 half-year report. The stock is now about 10% under the consensus analyst target of 5,160.27 pence for the next 12 months. First-quarter sales were up mainly on higher volumes, while pricing slowed to 0.9%, behind what the company expects for the year. Emerging markets saw 5.7% underlying sales growth, compared to just 1.0% in developed markets. Unilever still warns of expected full-year inflation running €750 million to €900 million. Traders are waiting for the Q2 update to see if volumes hold and how margins might play out in tougher conditions.
Unilever rallies, closing in on analyst ta…
L&G Asset Management Says It Owns 1.38% of Senior plc
July 7, 2026, 6:44 AM EDT. L&G Asset Management Limited reported a 1.38% stake in Senior plc, with 5,809,129 ordinary shares at GBP 0.10 each, as of July 6, 2026. The Form 8.3 notice, filed under Rule 8.3 of the UK Takeover Code, meets rules for shareholders with 1% or more of a company’s stock. L&G reported no short or derivative positions linked to Senior plc. The filing comes as part of required disclosure in times of potential takeover activity.
REG – L&G – Asset Mgmt. Ld Senior PLC – Fo…
Schroders Shares Flat at 587p After EU Clears Nuveen Takeover, Sells Benchmark Unit
July 7, 2026, 6:43 AM EDT. Schroders PLC traded at 587p, mostly unchanged and just under Nuveen’s 590p per share cash offer, after the European Commission approved the Nuveen deal. Schroders also offloaded its Benchmark financial planning unit to Söderberg & Partners as part of a shift in its wealth management strategy. The move gives Schroders a tidier balance sheet, but the stock barely moved. Nuveen’s bid includes 590p in cash and possible dividends up to 22p a share. The acquisition is set to finish in Q4 2026 if it clears final approvals. Shareholders already backed the £9.9 billion takeover in April.
Schroders stock steady after Benchmark dea…
BP Jumps as Bay du Nord Exit Slashes 2026 Capex Target
July 7, 2026, 6:42 AM EDT.BP climbed 1.30% to 473.90p in London trade after the company pulled out of its 37.2% stake in Canada’s Bay du Nord oil project, cutting about $3.66 billion from future spending plans. That trim amounts to roughly 28% of BP’s $13-$13.5 billion capital spending guidance for 2026. BP is selling its stake to Equinor, which now takes full project control with first production eyed for 2031. The median analyst 12-month target sits at 602.59p, leaving room for more upside. BP is keeping its focus on capital discipline and higher-return projects, backing disposals expected at $9 billion to $10 billion. Brent rose on geopolitical tension, giving BP some added support as it works to manage risks in a tough global market.
BP gains after Bay du Nord exit lowers cap…
ICICI Bank Slides on Margin Jitters, Even as FPI Inflows Stay Strong
July 7, 2026, 6:41 AM EDT. ICICI Bank shares slipped 0.9% to ₹1,414 on July 7, giving up part of last session’s rally. This comes even as foreign portfolio investors poured ₹146.34 billion into Indian bank stocks in late June. The banking sector rose 6.1% in June, beating the broader market as regulators rolled out tax breaks and a forex swap from the Reserve Bank of India. Motilal Oswal sees ICICI Bank’s net interest margins edging down for Q1FY27, putting some focus on margins even as the brokerage expects the bank’s loan and deposit growth to beat the system. Investors are watching if higher deposit costs eat into those margins, even with strong loan growth in play.
ICICI Bank slips as FPI inflow boom collid…
Rolls-Royce Slips as Stock Hovers Near 52-Week High on Cash Flow Bets
July 7, 2026, 6:12 AM EDT. Rolls-Royce traded down 1.3% at 1,483.4p, just under its 52-week peak of 1,532.6p. The stock held above median analyst targets for 2027 and 2028, while the FTSE 100 edged higher. Forecasts show FCF yield rising from around 3.0% in 2026 to 4.2% in 2028, assuming the market cap stays near £124 billion. Investors are gauging whether this valuation bakes in the expected cash flow gains or if there is still upside. The company set out a £7-9 billion share buyback across 2026-28, starting with £2.5 billion in 2026, close to 2% of market cap. Ongoing parts shortages are hampering near-term outcomes, but profit growth for the coming years is still the focus.
Rolls-Royce shares push past median target…
FTSE 100 edges higher as Shell outlook lifts blue chips, Unilever and BP follow
July 7, 2026, 6:11 AM EDT. The FTSE 100 rose 0.44% to 10,698.60, with Shell jumping 3.21% after it upped its gas output guidance. Unilever gained almost 2.9%, BP added 1.49%. The FTSE 250 stayed nearly flat, up just 0.04%. Miners like Anglo American, Antofagasta, and Rio Tinto fell more than 1.8%. Among mid-caps, Keller Group soared 19.09%, powered by stronger North America demand, and Victrex was up 17.18% on better results in aerospace and electronics. Capita tumbled 14%, ITV dropped 6.48%. Trading Economics sees the FTSE 100 slipping below current levels by the end of Q3 and over the next year, with sectors still sending mixed signals.
FTSE 100 rises as Shell, Unilever mask fla…
Shell LON:SHEL Jumps 3% After Stronger Q2 Cash Flow, Updates Guidance
July 7, 2026, 6:10 AM EDT. Shell Plc shares climbed more than 3% as the company posted a sharp cash flow rebound for Q2, offsetting weaker gas output out of Qatar. Shell sees a sequential working capital inflow between $12.2 billion and $17.2 billion, following last quarter’s $11.2 billion outflow. Gas volumes fell 31%, mostly from production cuts at its Pearl Qatar plant, but Shell nudged up integrated gas and LNG guidance anyway. Shares in London traded around 3,004p as investors responded to higher trading and margin outlooks. Citi bumped up its Q2 EPS estimate by 13%. Strength in refining and chemicals margins added more support to Shell’s cash flow story this quarter.
Shell (LON:SHEL) edges higher on Q2 cash f…
Rio Tinto Falls as Iron Ore Prices Weigh; Simandou, Lithium in Focus
July 7, 2026, 5:56 AM EDT. Rio Tinto shares fell 1.81% in London and 0.9% in Sydney with iron ore prices down 2.72% this month. But analysts are looking for a 2.7% boost in underlying EBITDA for fiscal 2027 to $31.03 billion, pinning hopes on Simandou and lithium growth. Iron ore EBITDA could drop by $329 million, but Simandou and lithium may add $1.10 billion, enough to offset the loss. The Q2 operations review July 14 will be key for Rio’s efforts to move past dependence on iron ore. The company plans to lift lithium output to 200,000 tonnes a year by 2028 and keep copper steady, while a new financing deal rolls out at Oyu Tolgoi in Mongolia.
Rio Tinto drops as iron ore covers up Sima…
National Grid Shares Still Below Pre-Joulent Mark as Debt Worries Linger
July 7, 2026, 5:55 AM EDT. National Grid is changing hands at 1,234p on July 7, 2026, staying 1.1% under its June 30 close before announcing the Joulent data-centre power deal. The stock is up 0.24% intraday but trails the FTSE 100. Investors have focused on the group’s AI-linked power strategy but remain wary as National Grid’s net debt could reach £44.2 billion by March 2026. The company says it’s aiming for 13-15% EPS growth in FY27, targeting 88.1p to 89.7p per share, with shares priced at about 14 times those figures. National Grid just put $1.75 billion into a 35% stake in Joulent’s 2.67 GW Texas project with Chevron, showing its push for growth, but debt levels and regulation are cooling some optimism. Analysts are generally positive, though caution is creeping in and views on what’s next for the utility are split.
National Grid (LON:NG) shares trade under …
HDFC Bank Gains on Faster Q1 Loan Growth, But Funding Mix Clouds Margin Outlook
July 7, 2026, 5:39 AM EDT.HDFC Bank’s shares traded up at ₹831.80, building on Monday’s 3.6% gain after the lender posted 15.4% loan growth to ₹30.61 trillion by June. The incremental loan-to-deposit ratio reached 155%, with the bank lending ₹155 for every ₹100 in fresh deposits. Deposits were up 14.7% year-on-year to ₹31.71 trillion, but CASA deposits fell 3.3%, with higher-cost time deposits up 4.9%. The shift in mix means funding costs could pressure net interest margins going into earnings. At 19.30% of the Nifty Bank index, HDFC Bank’s deposit moves matter for the whole sector.
HDFC Bank shares rise after Q1 loan growth…
CBA trades near $166.7 as NIM, ROE take focus for valuation
July 7, 2026, 5:25 AM EDT. Commonwealth Bank of Australia (ASX: CBA) is trading close to $166.7. The bank has over 15 million customers and leads in market share for mortgages, credit cards, and personal loans. Net Interest Margin (NIM) and Return on Equity (ROE) are in the spotlight. CBA’s NIM is 1.99%, ahead of the 1.78% average among the majors, showing stronger lending profitability. ROE is at 13.1%, beating the sector’s 9.35%. Employee culture scores 3.4 out of 5 on Seek, a touch above sector average. These numbers point to solid financials and an edge over peers.
2 tools to value the Commonwealth Bank of …
Smithson Equity Fund hunts undervalued small and mid caps with staying power
July 7, 2026, 5:24 AM EDT. Simon Barnard runs the Smithson Equity Fund by picking out small and mid-cap stocks priced below their worth, looking for those with clear advantages and steady growth. The team works with about 95 ideas, building that list with years of research. Out of that, Smithson holds 25 to 40 names, waiting for good entry points-usually when stocks are down or out of favor. The fund’s play is to let quality names compound, holding through rough patches if the business is still solid. Equifax is one example, where Smithson stuck with the stock despite near-term problems.
Smithson Equity Fund: the art of selecting…
easyJet U27938 Diverts to Hamburg, Delays Over Eight Hours, as Buyout Pressure Builds
July 7, 2026, 5:13 AM EDT. easyJet’s U27938 flight made an emergency diversion to Hamburg, forcing a delay of more than eight hours. That threw a spotlight on operational risks with the carrier set to retire all Airbus A319 planes by 2029. The incident comes as easyJet faces a possible £5.5 billion buyout from U.S. investor Castlelake. Shares last traded nearly 12% under the offer price. The airline recently pointed to passenger growth and a 90% load factor, but costs are up 8% year-over-year excluding fuel, only partly eased by efficiency moves. easyJet still bets on bigger aircraft to cut costs, but keeping planes in service remains key for margins.
easyJet U27938 emergency lands; Castlelake…
OpenAI, Anthropic line up IPOs with valuations close to $1 trillion
July 7, 2026, 5:12 AM EDT.OpenAI, at an $852 billion mark, and Anthropic at $965 billion, are both gearing up for IPOs. OpenAI brings in $2 billion a month, putting it at a 35.5x multiple on annualized revenue. Anthropic is trading at 20.5x on a $47 billion run-rate. OpenAI’s confidential IPO filing signals it could chase a $1 trillion price tag, maybe by 2027. Anthropic just locked in a 20-year TeraWulf lease, booking $19 billion in contracted revenue. Investors are watching token-based revenue growth, as open-source tokens jumped from 34% to 65% on OpenRouter, with more shifting to cheaper AI models. Both firms are still private, no IPO dates set. Large IPOs have seen swings, keeping investor caution in play.
OpenAI, Anthropic eye IPOs while $1 trilli…
HSBC Shares Slip in London, Dividend Hopes in Spotlight as Bank Cuts Private Credit Exposure
July 7, 2026, 5:11 AM EDT. HSBC eased to about 1,465p in London, valuing the bank at roughly £251 billion. HSBC is stepping away from higher-risk private credit lending after taking a $400 million hit tied to Market Financial Solutions. Forecasts from analysts see dividends going from $0.85 a share in 2026 to $1.05 by 2028, which would put dividend yields between 4.3% and 5.4%-more than the bank pays now. HSBC stressed these are analyst forecasts, not its own official numbers. The bank logged a solid first quarter with underlying pretax profits at $10.1 billion, and says it’s still on track for 2026 goals, including reaching a 17% return on tangible equity and $46 billion in net interest income.
HSBC shares in London: dividend calls in f…
Strategy Inc bitcoin sale puts dividend outlook in focus after $8.3B Q2 loss
July 7, 2026, 5:10 AM EDT. Strategy Inc NASDAQ:MSTR unloaded 3,588 bitcoin for $216 million, leaving it with 843,775 coins. That’s about $60,201 per coin, roughly 20% under its average cost of $75,476. The hit pushed its digital asset loss for Q2 to $8.32 billion, mostly on paper. The company said the sale is part of a broader plan to use bitcoin for preferred dividend payments and to shield its $2.55 billion dollar reserve, which now covers about 17.4 months of dividends and debt. If bitcoin sales are factored in, liquidity could stretch to almost 26 months. Still, the deep unrealized losses and bitcoin swings have investors questioning how secure the dividend is.
Strategy (NASDAQ:MSTR) bitcoin sale raises…
Victrex Jumps 16.8% on Q3 Orders from Aerospace, Electronics
July 7, 2026, 5:09 AM EDT. Victrex PLC shares jumped 16.8% to 680p after strong third-quarter demand in aerospace and electronics. The high-performance polymers group pointed to better sales momentum and signs of recovery in main end markets. Management cited an improved outlook as supply issues ease, with more orders for advanced materials used in aerospace and electronics. Investors also looked to the company’s push for new products and focus on sustainable tech as reasons for more confidence in its growth.
Victrex surges as aerospace and electronic…
VanEck rolls out AI-powered international equity ETF on ASX
July 7, 2026, 5:08 AM EDT. VanEck has launched the first AI-driven international equity ETF in Australia, listing on the ASX. The ETF uses generative reinforcement learning to pick stocks worldwide. The firm says this gives local investors an entry to advanced AI-based stock selection, with the goal of better returns from global markets. VanEck called the fund an important step for using AI in equity investing on the ASX.
VanEck brings AI-powered stock selection t…
UK House Prices Up 0.2% in June as Market Sees First Monthly Gain Since Iran War
July 7, 2026, 4:23 AM EDT. UK house prices picked up 0.2% in June to £299,330, logging the first monthly rise since the Iran war started in February. Annual price growth moved to 0.6%. Prices remain below early 2024 marks. Mortgage rates fell and inflation eased a bit over the month. Northern Ireland topped regional moves, up 7.4%. Southern regions, like the south-east, stayed in decline. Analysts said economic uncertainty and affordability pressures remain in play, though they see transaction levels holding steady if borrowing costs keep easing.
UK house prices rise for first time since …
Transurban Up Despite Debt, Netwealth Soars on Deal; ASX Slips on Oil, Samsung
July 7, 2026, 4:22 AM EDT.Transurban Group ASX:TCL shares are up 3.39% for the year, even with falling net profit and a debt-to-equity of 175.1%. Net debt stands at $18 billion. Investors remain wary of the debt load. Netwealth Group Ltd (ASX:NWL) jumped more than 6% after its Morgan Stanley partnership was announced, with a target to grow funds under administration to $15.4 billion in FY26 and double growth over four years. The Australian Stock Exchange ASX edged lower, weighed down by higher oil prices and Samsung’s weak earnings. Market moves showed traders still uneasy about global economic risks. Sequoia Economic Infrastructure Income Fund said infrastructure debt still draws buyers looking for steady income in volatile credit markets.
Stock Market Today: Live Updates 07.07.202…
Transurban Group (TCL) Shares Up 3.39% Year to Date as Debt Remains in Focus
July 7, 2026, 4:08 AM EDT. Transurban Group ASX:TCL shares have gained 3.39% so far this year. The toll road operator runs 22 urban motorways in Australia, Canada, and the U.S., making revenue from tolls. Revenue has grown at a 12.6% CAGR over three years, while the gross margin sits at 57%. However, net profit is down over the same span, with a 3-year CAGR of -53.8%. TCL holds $18 billion in net debt, for a debt-to-equity ratio of 175.1%. That’s high, though steady revenue and cash flow could help support the balance sheet. Investors tracking toll road infrastructure risk may want to keep an eye on TCL.
A quick way to value the TCL share price
Netwealth (ASX:NWL) shares rally 6% after Morgan Stanley deal, FY26 guidance
July 7, 2026, 4:07 AM EDT. Shares of Netwealth Group Ltd (ASX: NWL) rose more than 6% after it announced Morgan Stanley as its first major platform partner, giving it a foothold in a $600 billion funds under administration market. The company is targeting $15.4 billion in net flows in FY26, even as near-term flows have slowed on geopolitical risks and tax rules. Netwealth is aiming for a 49% EBITDA margin and $12 million in capitalised software spend that year, with dividends still linked to profit. The group says it can double funds under administration in four years with demographic trends and an expanding platform. For FY27, it sees net flows hitting $18-20 billion and EBITDA margins near 47%.
Netwealth (ASX:NWL) share price soars 6% o…
ASX drops as oil climbs, Samsung earnings fall short
July 7, 2026, 4:06 AM EDT. The ASX tumbled, pressured by climbing oil prices and a miss on Samsung earnings. Energy stocks slid after crude rose, while tech names lost ground when Samsung posted results below expectations. Investors looked jittery with global economic concerns in the mix, taking a hit on sentiment. Market moved with swings in overseas news and commodities.
‘Vulnerable’: ASX hit by oil prices, globa…
Sequoia Economic Infrastructure Income Fund (LSE:SEQI): Infrastructure Debt Still Beats Private Credit
July 7, 2026, 4:05 AM EDT. Sequoia Economic Infrastructure Income Fund (LSE:SEQI) says infrastructure debt outperforms private credit. Steve Cook, head of portfolio management, told the One2One Investor forum that infrastructure debt brings more stability and lower default rates than private credit thanks to long-term assets and steady cash flows. The fund targets essential economic infrastructure, aiming for reliable income. Cook said this helps cut risks that hit private credit, and investors looking for steady, lower-volatility returns may want to consider infrastructure debt now as markets shift.
Sequoia Economic Infrastructure Income Fun…
