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15:01
BlackRock: UK government bonds likely to remain volatile in the near term
They stated that natural gas accounts for a large proportion of energy usage in the UK, but reserves are limited. This makes the UK "particularly vulnerable to inflation rebounds." According to Tradeweb data, the yield on 10-year UK government bonds fell by 2 basis points, last reported at 4.851%, having earlier in the session touched a five-week low of 4.805%.
14:59
Bank of America CEO Moynihan: Second-quarter trading revenue is expected to grow 15% year-on-year
Wealth growth in the second quarter will be at the lower end of the 10%-20% range.
14:52
Alpha Compute acquires majority stake in GAMEE for approximately 11 million dollars
ChainCatcher reports that Nasdaq-listed Alpha Compute has announced the completion of its majority stake acquisition in the gaming and digital rewards platform GAMEE, with all regulatory and closing conditions fulfilled. In this transaction, Alpha Compute officially acquired a 60% controlling stake at a transaction price of approximately $11 million, implying a valuation of about $18 million. The counterparty in the deal is Animoca Brands. Following this transaction, Alpha Compute will establish a new AI gaming division called Alpha Games.
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