United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 10,161.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 790,135 shares of the electric vehicle produc...
United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 10,161.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 790,135 shares of the electric vehicle producer's stock after buying an additional 782,435 shares during the quarter. Tesla makes up 4.9% of United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's investment portfolio, making the stock its 3rd largest position. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's holdings in Tesla were worth $355,339,000 at the end of the most recent quarter. Get Tesla alerts: Sign Up A number of other hedge funds and other institutional investors have also modified their holdings of TSLA. Brighton Jones LLC grew its holdings in shares of Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after buying an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after acquiring an additional 931 shares during the last quarter. Bison Wealth LLC boosted its position in shares of Tesla by 52.2% in the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after acquiring an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Tesla by 9.1% in the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock worth $3,855,000 after acquiring an...
Hong Kong’s first chief executive Tung Chee-hwa has been honoured by the China Institute of America for his decades-long efforts to foster dialogue and understanding between the two countries. The China Institute Centennial Award was announced and presented at an event commemorating the non-profit institution’s first centennial in New York on Thursday. Tung, who served as Hong Kong’s first chief e...
Hong Kong’s first chief executive Tung Chee-hwa has been honoured by the China Institute of America for his decades-long efforts to foster dialogue and understanding between the two countries. The China Institute Centennial Award was announced and presented at an event commemorating the non-profit institution’s first centennial in New York on Thursday. Tung, who served as Hong Kong’s first chief executive after Hong Kong returned to China’s sovereignty in 1997, was honoured alongside the families of former US presidents Richard Nixon and George H W Bush, as well as the Rockefeller family. Andy Tung (right) shows off the award he received on behalf of his father with James Chau, president of the China-United States Exchange Foundation. Photo: CUSEF The 88-year-old was represented at the ceremony by his son, Andy Tung Lieh-cheung, who accepted the award on his behalf and praised his father for consistently working to forge cooperation between the two nations despite their fundamental differences. Advertisement He described his father as having “endlessly curious, always probing ideas” and a focus on long-term solutions to complex problems. “For him, trust was never an abstract ideal, but a responsibility to listen, to understand, and to seek common ground,” Andy Tung said. Advertisement “He believes that while our two nations have fundamental differences, they also share important interests and must find ways to work together.” After stepping down as chief executive, Tung Chee-hwa established the China-United States Exchange Foundation in 2008, a Hong Kong-based non-profit organisation aimed at helping Beijing and Washington recognise and develop areas of common interest.
Welcome to Going Private , I’m Michelle Cheng , and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we bring you news on an opening for private equity in US schools, a huge private credit deal in the making in AI infrastructure and how one BDC investor led to a fund limiting withdrawals. If you’re not already on our l...
Welcome to Going Private , I’m Michelle Cheng , and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we bring you news on an opening for private equity in US schools, a huge private credit deal in the making in AI infrastructure and how one BDC investor led to a fund limiting withdrawals. If you’re not already on our list, sign up here . Have feedback? Email us at goingprivate@bloomberg.net School’s In Private equity wants in on colleges and a Trump administration proposal to make mergers and acquisitions easier could give investors an opening to snap up struggling schools . With the higher education sector facing a wave of financial distress, the US Department of Education plans to expedite and simplify M&A reviews within the next year, Nicholas Kent , the top federal official overseeing higher education, said in an interview with Bloomberg. Kent said changes to the oversight process would likely open doors for frustrated alternative asset managers, my colleagues Liam Knox, Greg Ryan and Elizabeth Rembert write. “We’re not going to give them a free pass just because it’s the private market, but we’re certainly not going to put our foot on the necks of private capital,” he said. The change could benefit the many struggling schools looking to engineer a rescue. A report from Huron found 442 private colleges, more than a quarter of the country’s total, are at risk of closure or serious financial downturn. Colleges have been contending with lower enrollment, federal funding cuts and rising operating costs. With many of them finding themselves on the verge of closure , M&A is becoming a common exit path. More than 50 such deals have been announced since 2020, according to data from Huron. “Private equity is and was interested in higher ed institutions, but the requirements the department imposed made ownership of a college by a PE firm essentially impossible,” said Jonathan Helwink , a highe...
SBI Okasan Asset Management Co.Ltd. bought a new stake in Oracle Corporation (NYSE:ORCL - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,000 shares of the enterprise software provider's stock, valued at approximately $1,563,000. A number of other hedge funds and other institutional investors also recently bought ...
SBI Okasan Asset Management Co.Ltd. bought a new stake in Oracle Corporation (NYSE:ORCL - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,000 shares of the enterprise software provider's stock, valued at approximately $1,563,000. A number of other hedge funds and other institutional investors also recently bought and sold shares of ORCL. Xponance Inc. increased its position in shares of Oracle by 1.8% during the third quarter. Xponance Inc. now owns 406,544 shares of the enterprise software provider's stock worth $114,336,000 after purchasing an additional 7,320 shares in the last quarter. DDD Partners LLC acquired a new stake in shares of Oracle during the fourth quarter worth about $1,677,000. William Blair Investment Management LLC increased its position in shares of Oracle by 28.6% during the third quarter. William Blair Investment Management LLC now owns 1,107,586 shares of the enterprise software provider's stock worth $311,497,000 after purchasing an additional 246,243 shares in the last quarter. Meridian Wealth Management LLC increased its position in shares of Oracle by 6.6% during the third quarter. Meridian Wealth Management LLC now owns 50,712 shares of the enterprise software provider's stock worth $14,262,000 after purchasing an additional 3,150 shares in the last quarter. Finally, KADENSA CAPITAL Ltd increased its position in shares of Oracle by 1,945.8% during the third quarter. KADENSA CAPITAL Ltd now owns 92,736 shares of the enterprise software provider's stock worth $26,081,000 after purchasing an additional 88,203 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds. Get Oracle alerts: Sign Up Insiders Place Their Bets In other Oracle news, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $176.19, for a tot...
Bonjour et Bienvenue to the Paris Edition. I’m Bloomberg Opinion columnist Lionel Laurent . If you haven’t yet, subscribe now to the Paris Edition newsletter . The AI Factor France is heading into presidential elections in 2027 with an economy in dire straits (no pun intended.) The latest data shows the still-unresolved closure of the Strait of Hormuz has weighed on French households more than exp...
Bonjour et Bienvenue to the Paris Edition. I’m Bloomberg Opinion columnist Lionel Laurent . If you haven’t yet, subscribe now to the Paris Edition newsletter . The AI Factor France is heading into presidential elections in 2027 with an economy in dire straits (no pun intended.) The latest data shows the still-unresolved closure of the Strait of Hormuz has weighed on French households more than expected: The economy shrank in the first three months of the year, hit by weaker domestic demand as inflation grinds higher and the government tries to tighten its belt. The word “stagflation” hasn’t been far from commentators’ lips since February – now we’re likely to hear “recession” used with no end in sight to domestic political gridlock or oil-supply tensions in the Middle East. Which is why the other big economic story of the moment, artificial intelligence, matters just as much. While it would be a stretch to imagine that waving an AI wand can solve all of France’s economic blues, it’s clearly pulling up business investment around the world on hopes of a productivity boost down the line. Tech spending on software and data centers accounted for one-third of all business investment in the US in the third quarter of last year. Over in South Korea, which is more dependent on Hormuz oil flows than Europe, growth forecasts are being upgraded thanks to its AI chip boom. With so few growth levers elsewhere, France and its neighbors can’t afford to miss this latest tech wave (or bubble, depending on your thinking.) It’s therefore a good thing that Paris is home to continental AI champion Mistral, which has struck deals with new customers Airbus SE and BMW AG to bring its products to the physical world of industrial processes. The startup’s 33-year-old boss, Arthur Mensch, spoke to Bloomberg Television this week, flagging capital spending of about €10 billion over the next few years as it builds out data center capacity and fends off far bigger US competitors. Yet we are far fro...
Photo: VCG Citic Securities Co. Ltd. ( 600030.SH ) plans to raise up to 16 billion yuan ($2.4 billion) to strengthen its major Hong Kong subsidiary and support overseas expansion. Citic Securities will raise the proceeds through a private placement of its Hong Kong-listed shares to its largest shareholder, according to an exchange filing Thursday. The proceeds will fund Citic Securities Internatio...
Photo: VCG Citic Securities Co. Ltd. ( 600030.SH ) plans to raise up to 16 billion yuan ($2.4 billion) to strengthen its major Hong Kong subsidiary and support overseas expansion. Citic Securities will raise the proceeds through a private placement of its Hong Kong-listed shares to its largest shareholder, according to an exchange filing Thursday. The proceeds will fund Citic Securities International Co. Ltd. (CSI), supporting cross-border business and technology development.
President Trump has spent the spring of 2026 telling anyone with a microphone that the stock market belongs to him. The S&P 500 is up, the tape is green, the victory lap is well underway. The problem with that story is arithmetic. Strip out one stock, and the bull market looks like one Santa Clara ... Trump Calls It His Bull Market. The Numbers Say It Belongs to This Person Instead
President Trump has spent the spring of 2026 telling anyone with a microphone that the stock market belongs to him. The S&P 500 is up, the tape is green, the victory lap is well underway. The problem with that story is arithmetic. Strip out one stock, and the bull market looks like one Santa Clara ... Trump Calls It His Bull Market. The Numbers Say It Belongs to This Person Instead
Federal Reserve Bank of Kansas City President Jeff Schmid said officials should make it clear they’re willing to do what is needed to achieve price stability. “We must continue to signal our commitment to price stability and our willingness to take the actions necessary to achieve our mandate,” Schmid said Friday at a conference in Reykjavík, Iceland. (Source: Bloomberg)
Federal Reserve Bank of Kansas City President Jeff Schmid said officials should make it clear they’re willing to do what is needed to achieve price stability. “We must continue to signal our commitment to price stability and our willingness to take the actions necessary to achieve our mandate,” Schmid said Friday at a conference in Reykjavík, Iceland. (Source: Bloomberg)
Weaver Consulting Group purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,151 shares of the semiconductor manufacturer's stock, valued at approximately $246,000. A number of other hedge funds and other institutional investors also recently added ...
Weaver Consulting Group purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,151 shares of the semiconductor manufacturer's stock, valued at approximately $246,000. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMD. Joseph Group Capital Management purchased a new position in shares of Advanced Micro Devices in the fourth quarter worth about $25,000. Koesten Hirschmann & Crabtree INC. raised its stake in shares of Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Aviso Financial Inc. raised its stake in shares of Advanced Micro Devices by 400.0% in the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after purchasing an additional 160 shares during the last quarter. Delos Wealth Advisors LLC raised its stake in shares of Advanced Micro Devices by 100.0% in the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA raised its stake in shares of Advanced Micro Devices by 74.1% in the third quarter. LFA Lugano Financial Advisors SA now owns 235 shares of the semiconductor manufacturer's stock worth $38,000 after purchasing an additional 100 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors. Get Advanced Micro Devices alerts: Sign Up Analyst Upgrades and Downgrades Several research analysts have recently issued reports on the company. Royal Bank Of Canada raised their price object...
randomclicks/iStock via Getty Images ReNew Energy Global ( RNW ) up 2.7% pre-market Friday after a consortium of major shareholders and Canada Pension Plan Investment Board submitted a non-binding proposal to acquire all shares they do not already own for $6.75 each, according to a 13-D filing . The deal would be structured as a U.K. scheme of arrangement, in which non-consortium shareholders rece...
randomclicks/iStock via Getty Images ReNew Energy Global ( RNW ) up 2.7% pre-market Friday after a consortium of major shareholders and Canada Pension Plan Investment Board submitted a non-binding proposal to acquire all shares they do not already own for $6.75 each, according to a 13-D filing . The deal would be structured as a U.K. scheme of arrangement, in which non-consortium shareholders receive $6.75 in cash or keep their shares through a rollover prior to the court hearing for the scheme. As of the latest referenced figures, Sumant Sinha is deemed to beneficially own 19.35% of ReNew ( RNW ) shares, while together with CPPIB, the group may be deemed to control 46.61% of the outstanding voting rights. More on ReNew Energy Global ReNew Energy: FY 2026 Improved, Capital Productivity Still An Issue ReNew Energy Global: Volatile, Leveraged, And Worth The Risk ReNew Energy Global Q4 2026 Earnings Call Presentation
US equity markets were pointing higher before the opening bell Friday, while oil prices fell as trad Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
US equity markets were pointing higher before the opening bell Friday, while oil prices fell as trad Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Bilanol Florida is already among one of the lowest-tax states in the U.S. and a new proposal might make it even more tax-friendly. Governor Ron DeSantis has unveiled a sweeping initiative aimed at reducing, and eventually eliminating, property taxes for many Florida homeowners. Residents aren't the only ones that would be impacted by the overhaul, with potential benefits for homebuilders like D.R....
Bilanol Florida is already among one of the lowest-tax states in the U.S. and a new proposal might make it even more tax-friendly. Governor Ron DeSantis has unveiled a sweeping initiative aimed at reducing, and eventually eliminating, property taxes for many Florida homeowners. Residents aren't the only ones that would be impacted by the overhaul, with potential benefits for homebuilders like D.R. Horton ( DHI ), Lennar ( LEN ), and PulteGroup ( PHM ). How it would work: The proposal scales up the homestead exemption for a primary residence, raising it from the current $50K to $250K. According to the governor's office, the change would wipe out property taxes for around 60% of Florida homeowners, while the long-term plan—that targets a $500K exemption—would effectively eliminate the tax for 92% of residents across the state. Florida legislators will be called to Tallahassee next week for a special legislative session to debate the proposal and its financial implications. To be passed, it would need a 60% supermajority approval in both the state House and Senate, followed by at least 60% voter approval from the general Florida electorate in a future statewide election. "I think a lot of people need relief. I think a lot of people have been wondering, where can we get it?" DeSantis declared at a news conference. "In Palm Beach, they're sitting on a gold mine. They've got all these people who live there three months of the year, and they buy $25M homes. That should be your tax base." The math: Big concerns surround the billions of dollars in lost property tax revenue, which funds everything from schools and the police to parks and libraries. DeSantis has proposed establishing a mega-state trust fund to offset any losses and bankroll counties that aren't able to close the gap, but that may take away power from local communities. Some are also concerned the new proposal would only shift revenue collection elsewhere, leading to additional fees surrounding local services l...
At $221.23, Credo Technology (NASDAQ:CRDO) is a hold. The stock is pressing against a 52-week high of $233.70 after a parabolic run, leaving almost no margin for error on a thesis that is otherwise working beautifully. Credo designs high-speed connectivity hardware for AI data centers, including Active Electrical Cables, retimers, optical DSPs, and SerDes IP ... Credo Technology Nearing 52-Week Hi...
At $221.23, Credo Technology (NASDAQ:CRDO) is a hold. The stock is pressing against a 52-week high of $233.70 after a parabolic run, leaving almost no margin for error on a thesis that is otherwise working beautifully. Credo designs high-speed connectivity hardware for AI data centers, including Active Electrical Cables, retimers, optical DSPs, and SerDes IP ... Credo Technology Nearing 52-Week High: Buy, Sell or Hold?
MSI has unveiled a new Claw 8 handheld gaming PC ahead of the Computex 2026 show, and this model swaps out its predecessors’ Intel Lunar Lake mobile chip for a specialized handheld processor. MSI describes the Claw 8 EX AI Plus as being the “world’s first” handheld to contain the recently announced Intel Arc G3 Extreme processor, which features an array of Xe3 GPU cores to run games. We should not...
MSI has unveiled a new Claw 8 handheld gaming PC ahead of the Computex 2026 show, and this model swaps out its predecessors’ Intel Lunar Lake mobile chip for a specialized handheld processor. MSI describes the Claw 8 EX AI Plus as being the “world’s first” handheld to contain the recently announced Intel Arc G3 Extreme processor, which features an array of Xe3 GPU cores to run games. We should note that the Acer Predator Atlas 8 and OneXPlayer 3 gaming handhelds are also expected to launch with these chips, but MSI may be the first out of the gate. The Claw 8 EX AI Plus also has a single NVME M.2 SSD slot for gaming and data storage, and supports up to 32GB of dual-channel LPDDR5x memory, though MSI hasn’t specified what RAM configurations will be available. The launch date and price also haven’t been announced yet, but the previous MSI Claw 8 AI Plus was $1,000 when it launched last year. What we do know is that the new MSI Claw 8 EX AI Plus features an eight-inch 1920 x 1200 touchscreen that runs at up to 120Hz. It also has a new chassis design with updated grips that aim to be more comfortable during long gaming sessions, alongside Hall effect triggers and sticks that offer more precise control. MSI says a new high-end linear motor has been introduced for faster and improved haptic feedback and “improved power efficiency” — though it didn’t mention how long you can expect the battery to last. Only one color option seems to be available, which MSI describes as “Void Purple.” We’ll have to wait and see how it fares for actual gaming performance, but it can’t be worse than MSI’s disastrous first attempt at delivering a powerful gaming handheld.
In recent developments within the AI Chips arena, Ultimo has introduced an expanded suite of digital workers aimed at transforming industrial maintenance operations. These AI-driven assistants are designed to integrate intelligence directly into the workflows of maintenance teams, covering functions such as planning, technician support, and health, safety & environment (HSE) management. Accessible...
In recent developments within the AI Chips arena, Ultimo has introduced an expanded suite of digital workers aimed at transforming industrial maintenance operations. These AI-driven assistants are designed to integrate intelligence directly into the workflows of maintenance teams, covering functions such as planning, technician support, and health, safety & environment (HSE) management. Accessible through platforms like Microsoft Teams, these digital workers address crucial challenges such as an aging workforce and the vast data management needs faced by industrial organizations. By automating routine tasks and enhancing decision-making capabilities, they enable teams to prioritize critical maintenance work, optimize operations, and consistently meet safety and compliance standards. This advancement underscores the growing trend of embedding AI within enterprise asset management (EAM) systems to turbocharge productivity and operational efficiency. In other market news, was trading firmly up 14.7% and ending the day at HK$61.75, close to the 52-week high. In the meantime, softened, down 10.2% to end trading at CN¥8.06. Advertisement Best AI Chip Stocks closed at $518.09 up 4.6%, near its 52-week high. Rocket One Inc. was accepted into AMD's AI Developer Program one day ago, gaining access to resources supporting advanced AI development and simulation for new computing technologies. closed at $518.09 up 4.6%, near its 52-week high. Rocket One Inc. was accepted into AMD's AI Developer Program one day ago, gaining access to resources supporting advanced AI development and simulation for new computing technologies. settled at $214.25 up 0.8%. This week, NVIDIA announced that Infineon Technologies joined its MGX AI Factory ecosystem to enhance power delivery for AI data centers. settled at $214.25 up 0.8%. This week, NVIDIA announced that Infineon Technologies joined its MGX AI Factory ecosystem to enhance power delivery for AI data centers. settled at $923.52 down 0.5%, ...
SBI Okasan Asset Management Co.Ltd. bought a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,070 shares of the semiconductor company's stock, valued at approximately $3,030,000. Taiwan Semiconductor Manufacturing comprises approximately...
SBI Okasan Asset Management Co.Ltd. bought a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,070 shares of the semiconductor company's stock, valued at approximately $3,030,000. Taiwan Semiconductor Manufacturing comprises approximately 0.2% of SBI Okasan Asset Management Co.Ltd.'s investment portfolio, making the stock its 27th biggest position. Other large investors have also recently bought and sold shares of the company. Oak Harvest Investment Services increased its stake in shares of Taiwan Semiconductor Manufacturing by 2.9% in the fourth quarter. Oak Harvest Investment Services now owns 1,106 shares of the semiconductor company's stock valued at $336,000 after buying an additional 31 shares during the period. Falcon Wealth Planning increased its stake in shares of Taiwan Semiconductor Manufacturing by 4.4% in the fourth quarter. Falcon Wealth Planning now owns 780 shares of the semiconductor company's stock valued at $237,000 after buying an additional 33 shares during the period. Drive Wealth Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 0.7% in the fourth quarter. Drive Wealth Management LLC now owns 4,997 shares of the semiconductor company's stock valued at $1,522,000 after buying an additional 33 shares during the period. Sovereign Financial Group Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing by 4.5% in the fourth quarter. Sovereign Financial Group Inc. now owns 793 shares of the semiconductor company's stock valued at $241,000 after buying an additional 34 shares during the period. Finally, Avion Wealth increased its stake in shares of Taiwan Semiconductor Manufacturing by 10.8% in the fourth quarter. Avion Wealth now owns 349 shares of the semiconductor company's stock valued at $106,000 after buying an additional 34 shares d...