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TL;DR Goldman Sachs is buying NEOS Investments in a cash-and-equity deal value as much as $2.25 billion, gaining a $1.1 billion Bitcoin revenue ETF. BTCI generates month-to-month revenue by holding spot Bitcoin exchange-traded merchandise and promoting name choices, yielding about 27% however limiting upside throughout robust rallies. The acquisition would elevate Goldman above $130 billion in ETF property as derivative-income funds develop quickly, although BTCI not too long ago posted steep losses for its buyers. Goldman Sachs is buying NEOS Investments in a cash-and-equity transaction valued at as much as $2.25 billion, giving the Wall Avenue financial institution management of…

On this week’s Dwell from the Vault, Andrew Maguire particulars how the August gold breakout caught mainstream analysts off guard, as central banks and sovereign patrons speed up their shift away from greenback debt and into bodily gold at a brand new tempo.As Shanghai silver premiums hit 13% and Chinese language demand surges again into the market, the dear metals skilled outlines why each metals stay deeply engaging — and why the window to behave forward of a structural repricing is narrowing.Timestamps:00:00 Begin02:42 Why the August gold breakout was not about headlines, and what actually drove it06:53 Central banks lowering…

Listed here are among the firms making headlines in noon buying and selling. Netflix — The streaming big leapt greater than 3% after Invoice Ackman’s Pershing Sq. disclosed a brand new stake in Netflix. The agency final took a place in Netflix in early 2022 however bought it roughly three months later. Tremendous Micro Pc — Shares of the information middle server firm continued their post-earnings surge. Tremendous Micro final traded 6% increased, including to its 19% advance from Wednesday. Steering for the primary quarter surpassed estimates, with the corporate calling for adjusted earnings of $1.01 to $1.10 per share…

Key factors: Federal medical marijuana rescheduling means qualifying operators can deduct hire from federal tax returns. Lease phrases can also be renegotiated to mirror decrease threat. The scenario is extra difficult for adult-use hashish operators.   Federal medical hashish rescheduling is creating alternatives for authorized MMJ operators, beginning with their actual property leases. For operators who spent years paying hire they couldn’t deduct on their federal tax returns, the change interprets into actual {dollars}. For landlords, it reframes who counts as a low-risk tenant. And for each, the reclassification of state-legal medical hashish as a Schedule 3 drug opens a…

Jessie A Ellis Aug 12, 2026 09:03 TON is anchored at $1.60 with momentum flatlined and each significant transferring common sitting overhead as resistance — a flush to $1.55 robust assist carries a 60% chance earlier than any credible r… Market Context: Why TON Is Transferring Now TON is drifting, and drifting is likely one of the cruelest issues a crypto asset can do in a momentum-driven market. At $1.60, the coin is sitting roughly 33% beneath the $2.39–$2.40 algorithmic targets that have been circulating in early January 2026 — these projections missed…

Luigi Mangione throughout a pretrial listening to at New York State Supreme Court docket in New York, US, on Tuesday, Aug. 11, 2026. David Dee Delgado | Bloomberg | Getty PhotographsLuigi Mangione is anticipated to plead responsible Friday in his federal prison case, the place he’s charged with stalking in connection together with his alleged killing of UnitedHealthcare CEO Brian Thompson on a midtown Manhattan avenue in 2024, The New York Occasions reported Thursday, citing sources.Mangione is scheduled to seem in U.S. District Court docket in Manhattan on Friday for a pretrial convention with Choose Margaret Garnett, which was requested…

Publicly traded Bitcoin miners are chopping mining capability sooner than the Bitcoin community total, suggesting that extra operators are redirecting electrical energy and infrastructure towards information facilities and high-performance computing (HPC), in one other signal of the sector’s evolution past creating extra crypto.Within the newest Miner Weekly e-newsletter, BlocksBridge Consulting reported that realized hashrate amongst a cohort of public Bitcoin miners fell from 368.3 exahashes per second (EH/s) within the fourth quarter of 2025 to 319 EH/s within the second quarter of 2026, a 13.4% decline.The contraction was even sharper when excluding Bitdeer, which continued to increase its mining operations.…

The Zacks Insurance coverage Brokerage trade is anticipated to profit from higher pricing, prudent underwriting, rising demand for insurance coverage merchandise and world growth, which, in flip, have been driving revenues. The fast-paced consolidations on this historically fragmented trade are anticipated to profit Brown and Brown, Inc. BRO, Marsh & McLennan Firms, Inc. MMC, Willis Towers Watson Public Restricted Firm WTW and Aon plc AON.Elevated digitization ought to assist the trade enhance its foundation factors, scale and efficiencies.In regards to the Insurance coverage Brokerage TradeThe Zacks Brokerage Insurance coverage trade contains firms primarily providing insurance coverage and reinsurance services and…

CHICAGO (AP) — The common long-term U.S. mortgage price fell barely for the primary time in six weeks on Thursday, marking a glimpse of reduction for potential homebuyers — though borrowing prices stay steeper than they have been a 12 months in the past. The benchmark 30-year fastened price mortgage price tumbled to six.67%, mortgage purchaser Freddie Mac mentioned Thursday, down from 6.69% reported final week. Nonetheless, by comparability, the typical price was 6.58% presently in 2025. Larger mortgage charges can add a whole bunch of {dollars} a month in prices for debtors, limiting homebuyers’ buying energy. And that may…

This text was written byObserveI’m largely a dealer participating in each lengthy and brief bets intraday and infrequently over the short- to medium time period. My historic focus has been totally on tech shares however over the previous couple of years I’ve additionally began broad protection of the offshore drilling and provide business in addition to the transport business generally (tankers, containers, drybulk). As well as, I’m having an in depth eye on the nonetheless nascent gas cell business.I’m situated in Germany and have labored fairly a while as an auditor for PricewaterhouseCoopers earlier than changing into a daytrader virtually…