Author: Admin

In today’s edition, How one of Canada’s fastest-growing LPs is approaching PE; Small buyouts and mega-transactions drive distributions; APAC families go all-in on impact.

Zscaler stock sank on Friday even though the cloud security company beat Wall Street’s fiscal fourth-quarter estimates as rising artificial intelligence risk spurred urgent demand for cyber tools. Here’s how the company performed compared to LSEG estimates:Earnings per share: $1.19 adjusted vs. $1.09 expectedRevenue: $898 million vs. $877 million expectedRevenue jumped 25% from about $719 million last year. In its Q4 financials issued on Thursday, Zscaler reported a net loss of $3.4 million, a loss of 2 cents per share, up from a net loss of $17.6 million, a loss of 11 cents per share, a year ago. CEO Jay…

I’m reading a great little book called The Practice Of Not Reacting: Zen Wisdom For A Happy Life by Ryushun Kusanagi. The publisher is Portfolio Penguin, the same publisher for my 2027 book, Your Children Will Be OK. One of the core concepts is that all of us want to be recognized for our contributions. At work, at home, at school, by our own parents. When the recognition doesn’t come, we feel disappointed and bitter. But Buddhism believes that desire itself is the source of all suffering, and the desire to be recognized is just one form of it. Let go of the…

Host Maria Bartiromo poses as New York City mayoral candidate Andrew Cuomo visits “Mornings With Maria” at Fox Business Network Studios on October 29, 2025 in New York City. Roy Rochlin | Getty Images Entertainment | Getty ImagesMaria Bartiromo is disputing reports that she was terminated from her longtime gig as a host of various segments for cable TV networks Fox News and Fox Business. “The irresponsible reports that have been published stating that Maria Bartiromo was fired or is no longer an employee of Fox are absolutely and unequivocally false,” her attorney said in a Friday statement. “Make no…

U.S. insurance stocks have been doing quite well since the beginning of May 2026, and they have materially outperformed the overall market. I’m using the May 1 close through the September 3 close so that we compare complete trading days; these are price changes, excluding dividends. The cleanest broad measure is the iShares U.S. Insurance ETF (IAK), which covers U.S. life, property and casualty insurers. It rose from $132.01 on May 1 to $147.87 on September 3: +12.0%. An alternative, more equal-weighted measure, the SPDR S&P Insurance ETF (KIE), rose from $56.79 to $64.80: +14.1%. For comparison, the S&P 500…

The company’s Cybercab rollout won’t be as broad as some investors had hoped.

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. September 04, 2026 Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp. For release at 11:00 a.m. EDT The Federal Reserve Board on Friday announced the termination of the enforcement actions listed below: United Texas Bank, Dallas, Texas Cease and Desist Order dated August 29, 2024 (PDF) Terminated September 2, 2026 Quontic Bank Acquisition Corp., Astoria, New York, and Quontic Bank…

    Heading out the door for the Labor Day weekend, with blue skies and 85° temperatures, I had to share a chart. It’s from the San Francisco Federal Reserve (via Torsten Slok of Apollo) and shows Wall Street expectations for Federal Reserve rate action. It’s the perfect explainer for why forecasts tend to be so inaccurate. As you can see, as recently as February 2026, market participants expected a series of ongoing rate hikes—a simple extrapolation from the prior trend. Then the war began sending food and energy prices higher. But the Middle Eastern adventure was promised to be…

Tesla, SpaceX, xAI… Luke Lango studied them all. What he found points to a far bigger opportunity. Listen to the audio version of this article (generated by AI). Editor’s Note: Elon Musk has big new plans for a major part of the AI industry. It’s the sort of epic strategic shift we’ve gotten used to from Musk. And if it works, early investors stand to make a boatload of money. That’s why my colleague, Luke Lango, Senior Investment Analyst at InvestorPlace, spent months studying Elon’s plans across Tesla, SpaceX, xAI and his entire empire. Interestingly, as Luke’s about to show…

Listen to the audio version of this article (generated by AI). The strangest standoff in the market… why liquidity is keeping a lid on your gains… the framework for when it will end… if bond yields fall, ask why… follow the earnings, not the multiple… how to invest in this market For nearly four months, the AI trade has been stuck. Not falling apart. Not melting up. Just… stuck – chopping sideways, week after week, going nowhere. You can see this in the Global X Artificial Intelligence & Technology ETF (AIQ), a proxy for the AI trade. As I write…