US airlines favor higher fares over fuller planes as fuel costs squeeze profits - Reuters

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• Higher interest rates have made family offices pickier about investing in real estate

  Chief investment officers have noted that uncertainty over where interest rates are headed has made the firm pickier about investing in the asset class. Rob Haugen of Michels Family Office said that he typically targets opportunities with potential yields on cost in the high single-digit or double-digits. About a year and a half ago, the family office bought a Kohl's near Milwaukee with an investor consortium.

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• India's Infosys lowers annual revenue growth forecast

  Infosys, India's IT services giant, has revised its annual revenue growth forecast from 1.5% to 2% for the fiscal year ending March 2027, following a 7.3% rise in its energy business revenue. Despite beating quarterly revenue estimates, the company trimmed its revenue growth forecast due to challenges in the AI-driven IT industry, impacting revenue. The company's net profit rose 6.2% to 78.23 billion rupees, falling short of analysts' expectations. The company's shares closed flat ahead of the results, with a bask…

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• Wall Street futures dip after AI rout, telecoms slide - Reuters

  Wall Street futures fell as investors became cautious following a decline in the artificial intelligence sector and a general drop in telecommunications stocks. This shift in focus suggests a move away from high-risk, high-reward stocks towards more stable, less volatile sectors.

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