AGP Executive Report
Last update: 2 hours agoMarket Turmoil: A sharp tech sell-off wiped about $2.5 trillion from Nasdaq-listed stocks as investors questioned AI spending and the impact of tighter oversight; U.S. tech shares staged a modest Friday rebound, but uncertainty persists. Bitcoin also recovered slightly after a steep drop. Banking: First Nations Bank of Canada raised $50 million, including a $15 million investment from Mississaugas of the Credit First Nation. The bank says each dollar of new equity can support $8 to $10 in lending. Corporate Watch: DraftKings shares plunged after it cut its 2026 earnings outlook, citing heavy investment in prediction markets. Cross-Border Capital: India’s overseas direct investment rose about 41% in 2025-26, outpacing 8.5% growth in inward foreign investment, RBI data show.
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