Federal prosecutors are looking into a group of telecommunications companies that were accused of fraud in a lawsuit by their lenders, which included BlackRock Inc.’s private credit arm.The US Attorney’s Office in Brooklyn, New York, is scrutinizing at least two companies, Broadband Telecom and Bridgevoice, and their owner, Bankim Brahmbhatt, according to a person familiar with the matter who asked not to be identified because the details are confidential.Prosecutors have asked individuals with knowledge of ...

In case you need a reminder, this happened recently 👇https://t.co/KU0fItznH9BNB Chain (@BNBCHAIN):BNB Street just got a new resident.@BlackRock’s BUIDL Fund, the world’s largest tokenized real-world asset, has officially landed on BNB Chain, powered by @Securitize and @wormhole.The world’s biggest asset manager just brought tokenized U.S. dollar yields to one of the https://t.co/AfOeMqAdBe ...

Industry Overview - Genetic manipulation, or gene editing, involves altering the genetic material (DNA) of organisms, which gained traction in the 1970s with the creation of recombinant DNA (rDNA) molecules and saw significant commercialization growth with the introduction of the CRISPR-Cas9 system in the 2010s [2][3] - The CRISPR ecosystem currently has 1,031 active companies, with 298 raising approximately $35.8 billion across over 1,200 funding rounds, and the industry is projected to reach a size of $10.8 billion by the end of 2025, expanding at a 16.9% CAGR to nearly $24 billion by 2030 [3] Investment Insights - Hedge funds are showing high interest in gene editing stocks, with notable investments such as BlackRock acquiring over 980,000 additional shares in a leading gene editing company in Q3 2025 [5] - The methodology for identifying the best gene-editing stocks involved reviewing sector exposure through ETF holdings and media coverage, focusing on companies developing and commercializing gene-editing technologies, resulting in a list of nine firms with strong hedge fund support [7] Company Highlights Editas Medicine Inc. (NASDAQ:EDIT) - Editas Medicine is recognized as a top gene-editing stock, with 11 hedge fund holders, and has a price target raised to $4.60 from $4.00 by Clear Street, which noted the company's extended cash runway into Q3 2027 [9][10] - The company reported Q3 2025 results with an EPS of –$0.28 and revenues increasing to $7.5 million from $0.1 million in Q3 2024, driven by collaboration with Bristol Myers Squibb [11] - Editas is focused on developing transformative in vivo therapies using CRISPR technology, with plans to file for IND/CTA by mid-2026 and achieve human proof-of-concept data by year-end 2026 [12] Twist Bioscience Corporation (NASDAQ:TWST) - Twist Bioscience has 23 hedge fund holders and received an Overweight rating with a $41 price target from analyst Steven Etoch, who highlighted its differentiated DNA synthesis platform [13][14] - The company has experienced strong revenue growth of 22.7% over the past year and a five-year CAGR of 42%, with expectations to reach adjusted EBITDA break-even by the end of fiscal year 2026 [14] - Twist's proprietary silicon-based platform enables rapid gene synthesis for applications in drug discovery, diagnostics, and precision medicine, strengthening its market position [16]

Core Viewpoint - U.S. prosecutors are investigating telecom firms after HPS Investment Partners, a private credit arm of BlackRock, reported lending over $400 million backed by potentially fraudulent receivables [1] Group 1: Investigation Details - The investigation is focused on a group of telecom companies that received significant loans [1] - The loans in question amount to over $400 million, raising concerns about the legitimacy of the receivables backing these loans [1] Group 2: Implications for the Industry - The situation highlights potential risks in the telecom sector related to financial practices and the integrity of receivables [1] - This incident may lead to increased scrutiny and regulatory oversight within the telecom industry [1]

SCARLET: WELCOME TO "ETF IQ." I AM SCARLET FU. KATIE: AND I AM KATIE GREIFELD. SCARLET: KATIE: LET'S GET TO THE BIGGEST STORIES RIGHT NOW.STOCKS WAVERING AS THEY PREPARE FOR NVIDIA EARNINGS AND THE DELAYED JOBS REPORT SET TO BE RELEASED LATER THIS WEEK. SCARLET: WE WILL SPEAK TO JOHN MAIER OF JPMORGAN ASSET MANAGEMENT ON THE FOURTH QUARTER GUIDANCE ON ETF'S. KATIE: PROJECT GRAYSCALE TESTS THE MARKETS AS IT FILES.ALL THAT AND MORE COMING UP. ERIC BALCHUNAS IS HERE WITH US NOW LOOKING AT THE FLOWS. WHAT HAVE ...

Federal officials have opened a criminal investigation into Bankim Brahmbhatt, who was sued by HPS and other lenders earlier this year. ...

BlackRock's Bitcoin ETF Sheds Record $463M as Crypto Funds See Worst Week Since February► https://t.co/oD7zhv10KP https://t.co/oD7zhv10KP ...

Nov 17 Update:10 #Bitcoin ETFsNetFlow: -8,794 $BTC(-$838.49M)🔴#BlackRock outflows 4,880 $BTC($465.26M) and currently holds 790,069 $BTC($75.33B).9 #Ethereum ETFsNetFlow: -87,460 $ETH(-$279M)🔴#BlackRock outflows 54,730 $ETH($174.59M) and currently holds 3,773,989 $ETH($12.04B).https://t.co/rsa00pl7yj ...

Core Insights - Despite recent pullbacks in big-name growth stocks, particularly those linked to AI, the investment thesis for AI remains strong [1] - AI continues to be a high priority for companies and professional investors, as highlighted at the BlackRock 2026 Outlook Forum [2] Group 1: AI Demand and Market Dynamics - The discussion at the BlackRock forum emphasized the physical constraints in AI buildout, including compute, materials, and energy, with significant future power demand estimates for AI data centers and chips [3] - Concerns about the viability of AI spending and the potential bubble in valuations of AI-linked stocks are prevalent among investors [4] Group 2: Valuation Comparisons - The S&P 500 Technology Index currently trades at 42x earnings, which is high but lower than the 67x seen during the internet bubble 25 years ago, suggesting a more favorable valuation environment for AI investments [6] - Technology companies today exhibit better quality traits, with the S&P 500 Technology Index showing an average return on equity of 30%, compared to a long-term average of 20% [7]

The Morning Minute (11.17)Powered by @yeet⏰Top News:-Crypto majors chop over weekend; BTC briefly loses $94k before rebounding-Crypto Fear & Greed remains deep in Extreme Fear-Tom Lee’s BMNR appoints new CEO amidst 46% share decline-Harvard adds ~$350M in Bitcoin via IBIT in Q3, up 257% on the quarter-Monad public sale goes live today at $2.5B FDV on Coinbase Token Sales🌎 Macro Crypto and Memes-Crypto majors are mostly flat over the weekend after Bitcoin briefly lost $94k; BTC even at $95,400; ETH +1% at $3 ...