Company NEWS

Blackpearl Group Doubles ARR to $26.8 Million, AI Outperforms Benchmarks
28 May 2026 - BPG reports record FY26 results with 114% ARR growth and strong Pearl Engine performance, shifting focus to cash conversion for FY27.

Federal Reserve Watchdog Probes Reappointment Process
28 May 2026 - Independent inquiry scrutinises US central bank's regional leadership selection and performance evaluations.

Brokerages Bullish on S&P 500 Amid Global Headwinds
28 May 2026 - Top investment banks anticipate continued market rally in 2026, driven by AI and strong earnings.

ECB Urges Banks to Bolster AI Cyber Defences
28 May 2026 - European Central Bank warns new AI models challenge financial institutions' legacy systems.

Lazard Appoints Veteran to Lead ECM Advisory
28 May 2026 - Industry stalwart Daniel Burton-Morgan joins Lazard to head North America equity capital markets advisory.

Megacap IPOs Trigger Fund Portfolio Shifts
28 May 2026 - Mutual funds and passive index funds prepare portfolio adjustments for anticipated blockbuster public listings.

GameStop CEO Eyes eBay Amidst Rejection
28 May 2026 - Ryan Cohen's $56 billion eBay takeover bid faces firm board rejection and investor scepticism.

JPMorgan Forecasts Higher Expenses, Pursues Acquisitions
28 May 2026 - Bank shares dip as CEO flags increased costs but eyes US$10-20 billion for M&A.

Apex Service Partners Nears $10 Billion Stake Sale
28 May 2026 - Home services giant, backed by Alpine Investors, could see new minority investor join.

BofA Forecasts Strong Revenue Surge
28 May 2026 - Bank of America projects significant Q2 revenue gains, robust NII, and strong consumer sentiment.