Sundry Photography Amid softer macro trends across the globe, many companies have taken to one overarching strategy for solving top-line pressures: increased pricing. I’m generally wary of this strategy as a lever to chase long-term revenue growth, as price increases are more of a one-time driver that fades from a y/y growth perspective as soon…
8vFanI Rising interest rates have been a boon to Business Development Companies, known as BDC’s, over the past 1 year-plus. Several of them have reported record earnings, including Golub Capital BDC (NASDAQ:GBDC), which saw 55% growth in Investment Income and 49% growth in Net Investment Income, NII in its fiscal year ending 9/30/23. 99% of…
bin kontan/iStock via Getty Images Uniswap (UNI-USD) is a protocol and token that I’ve covered a few times for Seeking Alpha over the last couple of years. The protocol is the leading decentralized exchange, or DEX, in the crypto market and has integrations with 13 different EVM blockchains including Ethereum (ETH-USD), Aribtrum (ARB-USD), Polygon (MATIC-USD),…
AzmanJaka/iStock via Getty Images Thesis The Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) is positioned precariously at the hard-to-execute intersection of high-dividend payments and following an index-based strategy. While the ETF’s strategy of mirroring the Nasdaq US Dividend Achievers 50 Index offers an attractive proposition through its portfolio of high-yield dividend stocks with a…
This article was written by Follow Author and entrepreneur. My articles typically cover macroeconomic trends, portfolio strategy, value investing, and behavioral finance. I like to profit from the biases and constraints of other investors.You can read some more of my work for free here. Analyst’s Disclosure: I/we have a beneficial long position in the shares of…
On-chain data shows that money from GBTC has been flowing into the newly launched spot Bitcoin ETFs amid very low fee structures. In an exclusive interview with Bloomberg Television from Davos on Wednesday, January 17, Grayscale Investments Chief Executive Officer Michael Sonnenshein defended the 1.5% management fee charged for the Grayscale Bitcoin Trust (GBTC). This…
Spot Bitcoin ETF applicants have set low fees to attract fund advisors with experts highlighting that custodians will be forced to lower fees to remain competitive in the near future. The race to attract institutional clients to invest in spot Bitcoin Exchange-Traded Funds (ETFs) has trickled down to the specific sponsor fees. With investors having…
The recent surge in Bitcoin’s on-chain fees has reignited a familiar discussion within our community, bringing to the surface diverse perspectives on the implications and root causes of this trend. A faction within the community views these heightened fees as a strategic solution to Bitcoin’s security budget concerns. In contrast, others see them as a…
Nikada The Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) is a CEF which seeks to provide investors with a high current level of income by investing in preferred securities and other high yield securities. I view the preferred securities market sector as one that investors should have exposure to given current high levels of yield,…
Even with the owed fees it has paid in trying to deal with bankruptcy issues, FTX continues to face mounting challenges. The collapse of cryptocurrency exchange FTX, previously valued at $32 billion, has resulted in exorbitant legal and advisory fees amounting to an average of $53,000 per hour within three months. According to recent filings…
The Sandbox is celebrating the launch of its marketplace on Polygon with a new NFT collection by 30 artists from its Creator Fund. Virtual gaming world The Sandbox has announced that its NFT marketplace is now available on the Polygon blockchain. The Sandbox Marketplace on Polygon was created to ‘further empower’ creators and enable the…
Receive free Arm Ltd updates We’ll send you a myFT Daily Digest email rounding up the latest Arm Ltd news every morning. Arm’s $5bn initial public offering this week was the most expensive in fees for five years, earning a $84mn windfall for the professional services firms that advised it, including Deloitte. The SoftBank-backed chip…
X’s legal team argues that the company did not mandate employees to go the arbitration route and as such cannot be expected to cover the larger share of the filing fees. Social media platform X, formerly known as Twitter, is on the receiving end of 2,200 arbitration cases filed by former employees in response to…
photobank kiev/iStock via Getty Images Quick Introduction to Business Development Companies Business development companies (“BDCs”) invest shareholder capital in privately-owned, small- and medium-sized U.S. companies generating income from secured loans and capital gains from equity positions, much like venture capital or private equity funds. Anyone can invest in BDCs as they’re public companies traded on…
This revolutionary platform allows people to buy and sell “shares” of their connections, allowing the buyer to send private messages to the share’s owner. In a remarkable turn of events, Social app Friend.tech has captured attention by generating protocol fees of $1.42 million within a span of just 24 hours. According to DeFiLlama data, Friend.tech’s…
The change will take effect from August 31, meaning that creators may no longer blacklist NFT marketplaces that don’t enforce royalties. Popular non-fungible token (NFT) marketplace OpenSea is planning to turn off its royalty enforcement tool – Operator Filter. The idea, according to a recent blog post is to stop creators from receiving additional fees…
Visa’s solution revolves around Ethereum’s ERC-4337 account abstraction standard and the utilization of a “paymaster” smart contract feature which allows off-chain settlements of gas fees. On Thursday, August 10, payments giant Visa Inc made an important announcement allowing users to pay the on-chain Ethereum gas fees directly in fiat currencies, either using a credit or…