Things I'm interested in today: (07.16.2025)- Crypto week. Specifically passage of the GENIUS Act. It's a good bill (imo). It gives some real structure for stablecoin issuance. It explicitly prohibits development of a CBDC. It needs to pass. Let's get it done.- DeFi. There's a lot of free money hanging around if you're willing to put in some time to optimize. I'm currently getting 18% APY on my BTC through the tBTC incentivized pool on Hydration. There were some rumors about a similar hydrated pool for SOL. ...

but let me guess...they're gonna have their paid army come out en masse again and call it a 'cabal coin'just like they did for USELESS as they watched it pump from $5m to $350m market cap in mere weeksall while they were sidelined and contributed to preventing a significant number of their followers from being able to partake in its rallyand just as they will continue to do as it fast tracks to $1 billion+ market cap, GOD WILLING ...

Core Insights - VCI Global Limited has entered into a definitive agreement to acquire V Capital Fund Management Limited, a licensed fund management company, at a nominal consideration, with the acquisition expected to close in Q3 2025, pending regulatory approvals [1][2] Group 1: Acquisition Details - The acquisition provides VCI Global with immediate access to a regulated asset management framework in Labuan, Malaysia, known for its efficient licensing and tax incentives [2] - VCI Global plans to leverage the acquired license to launch the VCIG Bitcoin Fund, aimed at providing qualified investors with institutional-grade exposure to Bitcoin [3] Group 2: Market Context - The global cryptocurrency market has surpassed approximately US$2.6 trillion in total market capitalization, with Bitcoin accounting for around US$1.2 trillion [4] - Many investors in Asia are underexposed to digital assets due to regulatory hurdles, and VCI Global aims to bridge this gap by offering a secure and transparent investment vehicle for Bitcoin [4] Group 3: Strategic Goals - The acquisition enables VCI Global to operate a fully licensed digital asset fund under a respected offshore regime, positioning Bitcoin as a strategic reserve asset for institutional investors [5]

Britain is “halfway” toward fixing issues with its capital markets, says Jordan Sinclair, the UK head of Robinhood Markets, in reaction to a series of reforms by the government to incentivize listing in London https://t.co/lfv3L4h3Fn ...

本期导读： 一边是社交媒体上的"悲情连载"，一边是政策与数据端的反弹。 作者丨FOFWEEKLY 本期推荐阅读5分钟 "都2025年了，XHS上还在流传着去年的故事。" 前几天，有朋友转发了 一条自媒体平台上的爆款笔记，附言道："现在行业都流行写小说了 么？" 点开内容，是一篇虚构的投资、募资故事， 文笔流畅，多条评论直指"真实"。 而实际上， 聚焦于"周例会""裁员""招聘"的黑色幽默笔记，这两年并不少见，甚至堪称十分流 行。 一边是越来越多的从业者涌现社交平台上分享笔记，而另一边则是政策与数据端的反弹，行业的 分化更加明显了。 流量时代的"创投伤痛文学" 社交平台上的"悲情连载"多了起来。 有人发布周会笔记，用黑色幽默揭开了行业的"皇帝新衣"； 另有离场宣言，甚至不忘拉踩一 番；也有人发布 日常流水账展现忙碌状态； 行业变迁记录、招聘信息、项目源寻求等内容也不 少。 而今年，从业者在社交平台上的声量似乎持续递增， 除常规动态分享外，一种新型的风向悄然 流行——行业"小说体"。 比如某篇关于《投资机构周例会，不同级别员工的演技大赏》相关内容，文中描绘的场景引发从 业共鸣。 这条笔记引发近百条同行评论，多数评 ...

Good day, and thank you for standing by. Welcome to the NASDAQ First Quarter 2025 Results Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To rejoin your question, please press star 11 again. Please be advised that today's conference is being record ...

转自：青岛日报 ■2025年底金家岭金融区内机构数量预计突破 财富管理是金家岭金融区着重打造的核心特色，也逐渐成为青岛金融业高质量发展的底色。 2019年以来，金家岭金融区先后落户了光大理财、青银理财、恒丰理财3家理财子公司，奠定了省内财 富管理核心区的支柱地位，2024年末，3家银行理财子公司的管理产品规模近2万亿元，在城市的同类产 品规模中位列全国第五位。 高净值财富管理机构量质齐升——新增3家家族办公室，陆家嘴国际信托增资过百亿元，规模迈进全国 前十。 同时，区内机构抢抓财富管理风口，利用大数据、人工智能等新技术创新推出普惠性理财产品和资管服 务，满足普通群众迅速增长的财产保值增值需求。 金家岭金融区管委的相关负责人介绍，目前金融区已初步形成以银行理财子公司为重点商业银行私人银 行部、证券公司财富管理部、保险公司资产运营部、私募证券基金等机构并存的多元化财富管理发展格 局。 1500家。 "十四五"期间，青岛金家岭金融聚集区围绕打造国际财富管理中心、创投风投中心和数字金融中心的目 标，持续推进金融业改革创新，有效聚集一批优质金融机构，推出一批有影响力的创新金融成果，五年 间，金家岭金融区实现全区金融业增 ...

July 15, 2025 12:36 AM GMT Morgan Stanley & Co. International plc, Seoul Branch+ Joon Seok Equity Analyst Joon.Seok@morganstanley.com +82 2 399-4934 Heewon Choi Equity Analyst Heewon.Choi@morganstanley.com +82 2 399-4836 Minseo Kang Research Associate Minseo.Kang@morganstanley.com +82 2 399-4816 Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity ...

Well, I think there's definitely good momentum across uh you know across the investment banking uh you know business Carl and and you know IPOs and equity capital markets is one of them as you know the the the you know IPOs can or the the sentiment around sort of IPOs can come and go pretty quickly but but I think you've certainly seen some momentum given some of the performance of some of the IPOs that have come out uh mo most recently and as the as the you know the market continues to do well and volatili ...

Financial Data and Key Metrics Changes - For Q2 2025, revenue was flat, operating income decreased by 4%, and diluted earnings per share fell by less than 1% compared to the prior year, primarily due to inflationary cost pressures [11][12] - The company generated over $225 million in free cash flow during the quarter, maintaining a strong cash flow despite challenging market conditions [10][14] - The average diluted share count was 5% lower than the prior year, which partially offset the declines in earnings [11] Business Line Data and Key Metrics Changes - Intermodal volumes increased by 6% year-over-year, with a notable 15% growth in Eastern volumes, while Transcon volumes decreased by 1% [30][31] - The dedicated business showed resilience with fleet losses subsiding, and the company is excited about returning to fleet growth [8][39] - The brokerage business is still working on right-sizing its cost structure while focusing on growth with the right customers [9] Market Data and Key Metrics Changes - Overall customer demand trended modestly below normal seasonality, with intermodal service demand remaining strong [16][17] - Truckload spot rates remained soft, indicating excess capacity in the truckload market [18] - The company is observing diverse customer strategies in response to trade policy changes, impacting their supply chain and capacity plans [20] Company Strategy and Development Direction - The company is focused on operational excellence, scaling investments in people, technology, and capacity, while also repairing margins and improving financial performance [4][6] - A new initiative to lower the cost to serve has identified $100 million in annual cost reductions across efficiency, asset utilization, and technology improvements [12][13] - The company aims to maintain a strong balance sheet with minimal leverage while returning value to shareholders through dividends and stock repurchases [14] Management's Comments on Operating Environment and Future Outlook - Management remains confident in the company's ability to capitalize on growth opportunities despite market uncertainties [5][9] - The company is preparing for future growth while focusing on controlling expenses in the near term to preserve future earnings potential [6][9] - Management highlighted the importance of customer relationships and service levels, which have led to high customer retention rates [19] Other Important Information - The company repurchased a record $319 million of stock during the second quarter, reflecting its strong cash flow and commitment to returning value to shareholders [14] - The launch of the Quantum service in Mexico is expected to drive growth in that market, which has been the fastest-growing channel for the company [34] Q&A Session Summary Question: Insights on bid season performance and revenue per load - Management indicated that mix plays a significant role in revenue per load, with Transcon volumes down and Eastern volumes up, reflecting customer adjustments to tariffs and imports [42][43] Question: Details on the $100 million cost savings initiative - The $100 million identified for cost savings is part of ongoing efforts to address excess equipment and improve asset utilization, with savings expected to be proportionate to spending levels across segments [50][52] Question: Cost improvement initiatives specific to ICS - Management noted that significant cost reductions have been achieved in ICS, with a focus on efficiency and span of control, leading to a notable decrease in operating expenses year-over-year [58][64] Question: Discussion on intermodal margins and pricing - Management expressed optimism about stabilizing intermodal margins through cost initiatives and modest pricing improvements, emphasizing that growth and cost control are equally important for margin recovery [84][88] Question: Customer uncertainty around forecasting demand for peak season - Management acknowledged the challenges in forecasting demand due to diverse customer strategies and trade policy changes, but emphasized readiness to meet demand when it arises [101][104]