Hedge funds returned an average of 7% in the first half of 2026, driven by successful bets on artificial intelligence, according to a Goldman Sachs report. Investor demand for the asset class has also hit a record high, with nearly half of allocators planning to increase their exposure.
The UK flooring distributor announced a discounted equity offering to fund the acquisition of a new £9.5 million facility in Corby, a key part of its strategy to reach £300 million in revenue.
The investigative analytics firm announced an expanded deal with an existing military intelligence client in the Asia-Pacific region, driving its stock up 2.8% in Tuesday's trading.
U.S.-based cybersecurity company AlgoSec is considering an initial public offering on the London Stock Exchange, according to a report from Bloomberg. The plans are not yet final and could change.
Shares of Progress Software gained nearly 5% after the company unveiled new generative AI capabilities for its Sitefinity platform, building on momentum from a recent acquisition and a positive analyst rating.
Shares of cleantech firm 374Water (NASDAQ:SCWO) rose after it announced the completion of a key phase in its Minnesota pilot project, which uses supercritical water oxidation to destroy PFAS contaminants in biosolids.
The LiDAR sensor supplier's stock fell sharply after it revealed a plan to sell nearly 67 million new shares to institutional investors, a move that dilutes existing shareholder value.
Progress Software (NASDAQ:PRGS) saw its shares climb 4.8% after announcing the integration of new agentic AI capabilities into its Sitefinity content management system, designed to automate and optimize marketing workflows.
ZipRecruiter Inc. (NYSE:ZIP) announced Carmen Chan, a veteran of Barclays and Goldman Sachs, will become its new Chief Financial Officer, sending the company's stock up nearly 7%.
