News

• Brookfield raised its AI infrastructure financing framework for Bloom from $5 billion to $25 billion.

• Tessenderlo Group will invest approximately $400 million at $13.30 per share.

The US equity market delivered a mixed but growth-oriented performance on June 30, 2026, with investors continuing to favor sectors tied to innovation, economic expansion, and long-term earnings growth. Technology led the market higher, while Industrials and Materials also attracted buying interest. Meanwhile, defensive …

The US sector rotation profile on June 30, 2026, highlights a market undergoing an important transition. While Industrials, Financials, Utilities, and Consumer Staples continue to hold leadership positions, momentum is increasingly shifting toward growth-oriented sectors such as Technology and Consumer Discretionary. Meanwhile, Materials has …

Spark New Zealand Ltd (NZX:SPK) has responded to the New Zealand Government's proposed policy approach for renewing spectrum in the 2300MHz and 2600MHz bands. While the company does not expect the changes to materially affect its current operations, it believes the proposal creates uncertainty …

The second quarter concluded with investors embracing a familiar narrative: artificial intelligence continues to drive equity markets higher, while easing inflation risks and resilient economic data reinforce confidence in the broader US economy.

Investors tracking this sector know the pattern well: a single trial readout, regulatory letter, or financing announcement can swing a company's market capitalization by double-digit percentages within hours, regardless of how much progress has been made in the months leading up to that moment. …