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Third Point Management
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Third Point Management took a position in Flex (FLEX), stating that its CPI business spin-off has exponential growth potential in the AI data center sector.
The New York investment advisor said in its Q2 2026 investor letter that Flex plans to spin off its Cloud and Power Infrastructure (CPI) business into a separate publicly traded company. Third Point b
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Third Point Management took a position in Flex (FLEX), stating that its CPI business spin-off has exponential growth potential in the AI data center sector.
The New York investment advisor said in its Q2 2026 investor letter that Flex plans to spin off its Cloud and Power Infrastructure (CPI) business into a separate publicly traded company. Third Point b
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Third Point Management
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Goldman Sachs' latest research report: Maintains its year-end 2027 gold price target of $5,400, but lowers its year-end 2026 forecast to $4,650, stating that Federal Reserve rate hikes will only slow short-term gains, and central bank gold purchases are the core driver.
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Hong Kong Financial Secretary Christopher Hui: The government is studying expanding the scope of RMB usage, including promoting RMB payment for stamp duty on stock transactions and an RMB counter for Stock Connect Southbound Trading.
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Fed rate hike to 3.75%-4.00% pushes 1-year Treasury yield to 4.45%, making crypto lending less attractive
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HKMA: The total number of stored value facility accounts reached 90.38 million in Q2 2026, a quarter-on-quarter increase of 1.8%.
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Brent crude oil fell 2.0% intraday, nearing $97/barrel, Bitcoin rose 1.2% to $77,426, and gold increased by 0.5%.
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U.S. Energy Secretary Chris Wright says another round of crude loans from the Strategic Petroleum Reserve is a “very real possibility” amid higher oil prices and steep futures backwardation.
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