PresentationSuzanne EnnisHead of Investor Relations [Audio Gap] Asher Genoot, CEO of Hut 8. So today, Hut 8 announced 2 major announcements. We announced an AI infrastructure partnership with Anthropic and Fluidstack, where Hut will develop at least 245 megawatts of infrastructure and up to 2.3 gigawatts of AI data center infrastructure for Anthropic, one of the leading AI labs who will be leveraging Fluidstack's clusters. We also announced the signing of a 15-year 245-megawatt AI data center lease at our R ...

Core Viewpoint - The volatility in Oracle Corp.'s stock has led to significant movements in newly launched leveraged ETFs, highlighting investor reactions to funding concerns related to a major data center project [1][2][3]. Group 1: Stock Performance and ETF Reactions - Oracle shares fell 4.8% amid news of stalled funding talks for a $10 billion data center, leading to contrasting performances in its ETFs [1][2]. - The Direxion Daily ORCL Bear 1X ETF (ORCS) gained 4.7%, while the Direxion Daily ORCL Bull 2X ETF (ORCU) dropped 9.6% [2]. - Over the past month, Oracle's stock has declined 18.3%, despite an 8.2% year-to-date gain [3]. Group 2: Funding and Debt Concerns - Blue Owl Capital's withdrawal from backing Oracle's Michigan data center is attributed to concerns over Oracle's rising debt and AI infrastructure spending [3]. - Oracle disputes the report, stating that negotiations for the equity deal are progressing as planned [4]. - The company has disclosed $248 billion in lease obligations for data centers, a 148% increase since August, with net debt reaching $105 billion [7]. Group 3: ETF Inflows and Performance - ORCS has attracted $2.68 million in net flows over the past month, with a one-month return of nearly 17% [5]. - ORCU has seen stronger inflows of $24.71 million despite a nearly 33% decline over the past month, now managing $16.7 million in assets [6].

Tightening spreads is also proof that the outlook for bond fundamentals have improved. Some also view them as safer bets than government debt, giving them even more appeal as their risk premium is relatively low compared to previous years. More rate cuts are forecasted for 2026, which could bring further tightening in credit spreads for fixed income investors pondering whether they should opt for corporate bond options for added yield in lieu of or alongside Treasuries exposure. If so, Vanguard has four opt ...

Wall Street’s spotlight is turning toward quantum computing, and one name is capturing outsized attention. Most recently, Mizuho Securities just kicked off coverage of IonQ (IONQ) with a Barron's “Outperform” rating and a $90 price target, a projection that implies 95.65%  upside from current trading levels. Quantum computing promises to be the next major leap in high-performance computing, to solve complex problems that are intractable for classical machines. Investors see this as a transformative techn ...

A brief Bitcoin rally to $90,000 early Wednesday sure seemed like a nice confirmation of an incoming Santa rally—but then it took a naughty turn to nearly $85,000. Users on Myriad, a prediction market platform owned by Decrypt parent company Dastan, have started losing faith that BTC will see six figures before it falls to $69,000. Just a day ago, participants in the market thought there was a 69% chance Bitcoin would reclaim $100,000, but that's dropped to 57% as of this writing. And odds of a Santa rall ...

I'll turn to you Mike for the last moments that we have. It's going to be an important one I guess at an important time just to figure out what the world's going on. Anytime you can hear from anybody related to this >> and you wonder what uh Micron or another one of these players in the food chain can say that kind of gives people confidence going out several quarters that it's not been double ordering and that in fact all the demand is going to be there.one of those days today where, you know, we're unable ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Lenders working with financial advisors say it has been a busy year, with registered investment advisors and independent broker/dealers seeking loans for a combination of acquisitions and equity financing as part of succession plans.  Although it is hard to benchmark the exact amount of private loans made to the financial advice sector, some of the largest direct lenders to the space, incl ...

Madison Square Garden Sports Corp. ( MSGS ) operates sports teams. The company is primarily known for its ownership of the New York Knicks in the NBA and of the New York Rangers in the NHL. MSGI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and u ...

Core Insights - The innovation ecosystem is facing renewed fears of an AI bubble, impacting major companies like Marvell Technology Inc (MRVL) which saw its stock drop approximately 18% since December 3 after a 41% gain from September to early December [1][2][3] Market Dynamics - Oracle Corp's mixed earnings results have contributed to anxiety regarding AI spending, affecting semiconductor stocks including MRVL [2][3] - Despite the current downturn, experts believe that interest in AI remains strong and the sector is becoming increasingly competitive, particularly in resource supply chains [4] Seasonal Trends - The period between Christmas and early January, known as the Santa Claus rally, typically sees stock prices rise due to lighter trading volumes and year-end optimism, which could benefit MRVL [5] Price Analysis - Historical data indicates that MRVL's stock price could range between $78 and $90 over the next 10 weeks, with a median clustering around $85.80 [10][11] - The current downward trend in MRVL's stock shows only three up weeks in the trailing 10 weeks, suggesting a cautious outlook [10] Trading Strategy - A proposed trading strategy involves a bull call spread with a maximum profit potential of 150% if MRVL stock rises above $87.50 by expiration [16][17] - The breakeven point for this strategy is set at $86, which is considered an ideal threshold for potential gains [17]

Group 1 - Oil prices increased, with Brent crude futures approaching $60 per barrel following President Trump's blockade on sanctioned tankers in Venezuela [1] - Shares of energy companies, including BP and Shell, experienced a rally as a result of the rising oil prices [1] Group 2 - U.S. indexes showed slight gains early Wednesday, indicating a positive market sentiment [2] - Warner Bros. Discovery rejected an unsolicited bid from Paramount, asserting that its planned deal with Netflix is superior, leading to a decline in shares for both Paramount and Warner, while Netflix shares rose [2] - The dollar strengthened against various currencies, with the British pound falling due to U.K. inflation data showing a slowdown to an eight-month low, increasing the likelihood of a rate cut [2]