MHP SE reports Q2 and six-month 2026 results
The food and agri group said revenue rose 33% in Q2 to US$1,139 million and 32% in 6M to US$2,161 million. Net profit fell 35% in Q2 to US$28 million.
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Bond markets pricing new rate cycle, not fiscal crisis
Neuberger’s Ashok Bhatia says global bond markets are pricing in a new rate cycle rather than a fiscal crisis. He adds bond markets got what they anticipated last week as the Fed and the Bank of Japan raised rates.
Ex-Fed Economist Warns About ‘Inflation Trap’ As Central Bank Prepares to Vote
The Federal Open Market Committee will vote on the next interest rate decision today, with consensus pointing to a 25-basis-point hike. With bond yields racing past multi-decade highs, political pressure from Washington and persistently stubborn inflation, the central bank looks caught between a rock and a hard place.
Wealthfront reports Q2 revenue of $91.9 million
Wealthfront said fiscal second-quarter revenue rose 1% year over year to $91.9 million. It also said total platform assets increased 12% to $99 billion and investment advisory assets rose 30% to $54.1 billion.