•DraftKings announced the launch of its own prediction markets exchange, revealing that its prediction markets vertical has generated approximately $3.4 billion in annualized consumer volume.
•Byju's global lenders are in talks to take a roughly 30% stake in one of its partly-owned education firms in return for dropping all legal action against founder Byju Raveendran.
•REalloys Inc. (Nasdaq: ALOY) announced the closing of a $100 million private placement by selling 7,017,540 shares of common stock at $14.25 per share.
•Global equity fund inflows slowed sharply in the week to June 24, driven by concerns over debt-funded technology spending and the U.S. Federal Reserve's hawkish stance.
•The S&P 500 on Thursday finished on the cusp of a critical support line that, if broken, could portend more losses for stocks in the coming days and weeks.
•Invesco, a trillion-dollar asset manager, plans to launch a tokenized fund investing primarily in U.S. Treasuries, repo agreements, and cash equivalents to maintain a stable $1 net asset value.
•The search for a new president of the Federal Reserve Bank of Atlanta stalled after an initial slate of finalists did not yield a choice; White House advisers have taken an interest in a process they have no formal role in.
•Canada and Japan are considering cooperation in critical mineral projects and joint stockpiling to reduce China's dominance, Canada's Minister of International Trade Maninder Sidhu told Reuters.
•Chinese Foreign Minister Wang Yi signaled in a New Delhi meeting that Beijing will continue providing assistance to Iran and support reconstruction and peacebuilding in the region.
•Nikkei Asia reported that China aims to leverage the vacuum in the Middle East to expand its economic and diplomatic footprint and secure access to Iranian oil reserves.
