selimaksan/E+ via Getty Images The Fund PIMCO Enhanced Short Maturity Active Exchange-Traded Fund (NYSEARCA:MINT) seeks to maximise current income, while giving due importance to preservation of capital. This actively managed ETF is geared towards investors that want to park their cash whilst waiting for opportune investments. The returns since inception show that the fund has…
In the Netherlands, open source developers are now liable for how their software is used. Alexey Pertsev, a 31-year old Russian national living in the Netherlands and one of the developers of the Ethereum-based privacy tool Tornado Cash, was today found guilty of money laundering by the Dutch court: he’s been sentenced to 64 months…
Marco VDM/E+ via Getty Images Jumia (NYSE:JMIA) is an e-commerce company focusing on the Pan-African market, founded in 2012. Since a few years ago, it has also made an expansion into logistics and payment businesses. The company generates the majority of its revenue from the operations in West and North Africa. As per its 20F,…
bjdlzx Occidental Petroleum (NYSE:OXY) earnings elicited a big yawn from the market. Then again, many times, cost-cutting when commodity (and corresponding stock) prices are in the “yawn” range does not get a reaction from Mr. Market until they head back up again. For investors, doing your homework now on the long-term cost progress is likely…
Today marks a significant event as Bitcoin experiences its fourth scheduled halving. This event, also known as the halving, occurs approximately every four years and has far-reaching implications for the Bitcoin ecosystem. As Bitcoin Magazine prepares for a halving livestream, powered by Kraken, to commemorate this event, it’s crucial to understand what the halving is…
Andrii Yalanskyi Fed Chair Jerome Powell is scheduled to testify in the House today (Wed., Mar. 6), and markets will be all ears on topics that offer guidance on the outlook for interest rate cuts. The current consensus anticipates that the central bank will begin easing policy at the June 12 FOMC meeting. The Fed…
In a significant milestone for spot Bitcoin exchange-traded funds (ETFs), BlackRock’s spot Bitcoin ETF has recorded over $1 billion in trades today alone, according to Bloomberg Senior ETF Analyst Eric Balchunas. This achievement underscores the growing demand for Bitcoin investment products and highlights the increasing acceptance of Bitcoin within traditional finance. MILESTONE $IBIT has traded $1b worth of…
DNY59 The BlackRock Core Bond Trust (NYSE:BHK) is a closed-end fund that income-focused investors can employ as a method of achieving their goals while keeping their risks at a minimum. This is because, this is one of the few closed-end bond funds that invests primarily in investment-grade assets. The majority of closed-end debt funds invest…
Forged documents, anachronistic evidence, and false statements. According to the Crypto Open Patent Alliance (COPA), Craig Steven Wright has over the past years presented it all in an effort to prove he is Satoshi Nakamoto — and the non-profit believes it is now time to bring a halt to his “brazen lie”. On day 1…
For the first time since launch, BlackRock’s spot Bitcoin ETF is outpacing the Grayscale Bitcoin Trust (GBTC) in terms of trading volume so far today, according to Bloomberg ETF analyst James Seyffart. BlackRock’s spot Bitcoin ETF volume surpassing GBTC for the first time hints at a slow down in outflows for Grayscale’s ETF, which has had…
wanderluster The Virtus Convertible & Income Fund (NYSE:NCV) is one of the more interesting and unique closed-end funds that are currently available to investors. As the name implies, the fund does do a reasonable job at providing its investors with a high level of income as its 12.75% current yield is significantly higher than most…
The Securities and Exchange Commission (SEC) is holding meetings with leading stock exchanges to conclude discussions and gather final comments on the much-anticipated Spot Bitcoin Exchange-Traded Funds (ETFs), according to Eleanor Terrett of FOX Business. The SEC has been under intense scrutiny regarding the approval of Spot Bitcoin ETFs, which would open doors for widespread access to…
RyanJLane Investment Thesis In this article, I’m sharing my thoughts on Atlantica Sustainable Infrastructure plc (NASDAQ:AY), a company that’s really making waves in renewable energy. We’re going to look at how they handle solar, wind, and hydropower, and what makes them stand out in places like North and South America, and Europe. I’ll be talking…
Galeanu Mihai Markets are continuing their recovery and shooting for another rally. In fact, the S&P 500 (SP500) gained 9% just in the last month and is up more than 20% in 2023. So, are the clouds of uncertainty and the possibility of a recession over? Well, the answer to the occurrence of a recession…
bjdlzx Neuberger Berman Energy Infrastructure and Income Fund Inc (NYSE:NML) is a closed-end fund, or CEF, that allows investors to include midstream master-limited partnerships, or MLPs, in their tax-advantaged accounts without running into potential problems at tax time. This can be a very good thing, because the financial stability and high yields of midstream partnerships…
The anticipation surrounding a possible settlement revolves around the expectation that once a deal is inked, it will take away the gloom that still clouds Ripple Labs’ operations and finally set the firm and XRP on a path to truly thrive. In the ongoing protracted legal battle between Ripple Labs Inc and the US Securities…
sasha85ru/iStock via Getty Images Investment Thesis LendingClub Corporation’s (NYSE:LC) Q3 results saw the company’s key performance indicators continue to worsen. Notably, not only are its revenue growth rates leaving a lot to be desired, but more importantly, its Return on Asset metrics are clearly progressing in the wrong direction. I remain steadfast in my stance…
Kwarkot REITs are a small, niche market. Because of the structure of their businesses, their financials are not accurately captured by computers that gather and process SEC filings. A big reason for that is that many details that matter are not reported in standardized ways. One example is how much capital is used for recurring…
Berkshire Hathaway Chairman and CEO, Warren Buffett. Chip Somodevilla Alongside Vice Chairman and his trusted business partner Charlie Munger, Warren Buffett has reshaped the trajectory of Berkshire Hathaway (BRK.A)(BRK.B) since taking total control over the company in 1965. The company has transformed from a fledgling textile manufacturer into the most powerful investment holdings company on…
imaginima The last time I wrote about Limbach Holdings (NASDAQ:LMB) was June 28, 2023, and since then my bullish call has held up well as far as I can see: Seeking Alpha, my previous call on LMB In the meantime, the company has reported its Q2 results and will also submit its Q3 report in…
matdesign24 Transcript Ken – Let’s talk about the yield environment. Government bonds as well as spread asset classes continue to have elevated levels of yield. At the same time, we have Fed officials talking about a higher rate environment for longer. What does that mean for the bond market as we move forward? Marc Seidner:…
BalkansCat Investment thesis I initiate my coverage of The Estée Lauder Companies Inc. (NYSE:EL) with a Sell rating following my in-depth research of the company and the underlying beauty and cosmetics industry. Estee Lauder, a renowned leader in the cosmetics industry, boasts a market cap of $50 billion and a rich history of providing high-end…
A federal court may formalize the ruling on Grayscale’s ETF today, officially vacating the SEC’s refusal to convert the GBTC. A federal court is set to formalize Grayscale Investments’ victory over the United States Securities and Exchange Commission (SEC) over the firm’s conversion of the GBTC into a spot Bitcoin exchange-traded fund (ETF). Closing the…
Galeanu Mihai/iStock via Getty Images Markets are at a critical juncture. We had an incredible run during July and August this year. However, markets have been declining since then. Even though the Fed kept the interest rates steady in their September meeting, Fed Chairman Jerome Powell indicated that the Fed was open to increasing rates…
Bitwise will be introducing its customers to CME futures through the AETH and BTOP products that expand the company’s suite of crypto products amid heightened demand from institutional investors. Leading crypto index fund manager in the United States Bitwise announced that it will be launching two of its Ethereum-themed ETFs dubbed the Bitwise Ethereum Strategy…
Evergrande has informed the Hong Kong Stock Exchange that it intends to delay a restructuring meeting because things are not going as planned. Shares of Chinese real estate company Evergrande Group fell up to 22% on Monday after the firm announced it would delay a debt restructuring meeting due today. According to data from MarketWatch,…
Marat Musabirov Pioneer High Income Fund, Inc. (NYSE:PHT) is a high-yielding closed-end bond fund, or CEF, that investors can use to obtain a high level of income today. This is immediately apparent in the fund’s 9.69% current yield. As I pointed out in my last article on this fund, investors need additional income today in…
R&A Studio I’m busy with behind-the-scenes research for the next two weeks, so I need to do shorter articles with fewer deep dives. So, per the request of several members, here is a short update on Autodesk, Inc. (ADSK) and Adobe Inc. (ADBE). Apple And Autodesk: I’m Buying One, And So Should You. Adobe And…
CHUNYIP WONG Now that individual investors can access direct real estate investments, what should they keep in mind regarding the main US commercial real estate (CRE) sectors and their respective outlooks? To conclude our series, we analyze the prevailing perspectives on the US CRE market and four of its key segments, specifically residential — multifamily,…
Coinbase is now full of confidence as they approach the court and inch closer to a final ruling. The ongoing US Securities and Exchange Commission’s (SEC) lawsuit against Coinbase may be about to take a new turn. This follows after the defendant – Coinbase – confirmed that it will be filing an order to the same…
The LTC price comes under pressure just hours before the Litecoin halving event ahead on Wednesday. Later today on Wednesday, August 2, the Litecoin blockchain network shall undergo the much-awaited halving event and the third such event in its 12 years of history. During a Twitter live stream last week, Litecoin creator Charlie Lee explained…