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BlackRock® Canada Announces Risk Rating Changes, Annual Management Fee Reductions and Commencement of Securities Lending Transactions
GlobeNewswire News Room· 2025-06-26 22:19
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) today announced updates to the investment risk ratings of certain iShares exchange-traded funds (“iShares ETFs”), a reduction to the annual management fees of certain iShares ETFs, and the commencement of securities lending transactions of certain iShares ETFs, as further described below. Risk Rating Changes BlackRock Cana ...
X @Token Terminal 📊
Token Terminal 📊· 2025-06-26 17:27
RT Eldar (@eldarcap)That is just the beta.@eulerfinance is now definitively a major lending venue alongside @aave, @MorphoLabs and @0xfluid.It is the lowest valuation of those and I expect $EUL to reprice quite largely when the market will experience a decisive move up. ...
SoFi vs. OppFi: Which Fintech Stock Offers Better Momentum Now?
ZACKS· 2025-06-26 16:21
Core Insights - SoFi and OppFi are both growth-oriented fintech companies that are reshaping the traditional finance landscape, with SoFi focusing on prime borrowers and OppFi targeting subprime borrowers [1] Group 1: SoFi Overview - SoFi's growth strategy is significantly supported by its acquisition of Galileo, a B2B financial service platform, which enhances its position in the embedded finance market projected to grow at a CAGR of 16.8% through 2029 [2] - The company reported a 20% year-over-year growth in revenue for Q1 2025, with net income increasing by 217%, showcasing strong operational efficiency [4] - SoFi's member base grew by 34%, adding 800,000 members in the quarter, which improved cross-selling capabilities and reduced customer acquisition costs [5] - The Financial Services segment saw a remarkable 101% growth, while Lending and Technology Platforms grew by 25% and 10% respectively, indicating strong product potential [6] Group 2: OppFi Overview - OppFi targets underbanked customers, creating a niche in the alternative lending market expected to grow at a CAGR of 25.4% from 2025 to 2030 [7] - The company achieved a 10.1% year-over-year growth in revenue for Q1 2025, with adjusted net income soaring by 285.1%, reflecting strong operational leverage [8] - OppFi successfully reduced its net charge-off rate by 700 basis points from the previous quarter and 1300 basis points year-over-year, demonstrating effective risk management [9] - The company reported a 16% increase in net originations and a rise in auto-approval rates to 79%, up from 73% in the previous year [11] Group 3: Financial Estimates and Valuation - The Zacks Consensus Estimate for SoFi's 2025 sales is $3.3 billion, indicating a 26.2% year-over-year growth, with earnings expected to surge by 80% [12] - OppFi's 2025 sales estimate is $578.4 million, implying a 10% year-over-year growth, but earnings are projected to decline by 29.5% [15] - SoFi trades at a forward P/E ratio of 41.76X, while OppFi trades at 10.99X, suggesting that OppFi offers a more attractive valuation for investors [10][16] Group 4: Investment Outlook - OppFi is recommended as a strong buy due to its focus on underbanked customers and impressive quarterly results, while SoFi is rated as a hold due to its higher valuation [18][19]
X @Token Terminal 📊
Token Terminal 📊· 2025-06-26 14:00
institutional investors are paying attention to the growth of the @ethereum economy https://t.co/lom9vtXXV1Token Terminal 📊 (@tokenterminal):🌐⛓️ ETHEREUM GDPCompanies & DAOs on @ethereum generated ~$7.3 billion in fees in the past 365 days.Top 5 market sectors: stablecoin issuers, liquid staking, lending, DEXs, and RWA issuers.Top 10 companies & DAOs: @Tether_to @circle @LidoFinance @Uniswap @aave @flashbots_x https://t.co/E5aNzPB9II ...
SoFi's Valuation Looks Overstretched: Time to Hit Pause?
ZACKS· 2025-06-25 17:40
Key Takeaways SOFI has surged 21% in three months, outperforming the industry's 10% growth. The stock trades at over 41X forward earnings, prompting valuation concerns. SOFI's earnings estimates have risen over the past 60 days, showing improved sentiment.SoFi Technologies, Inc. (SOFI) has made a strong comeback, reflecting renewed investor confidence in its digital-first model and growing stream of fee-based income. Its asset-light platform continues to scale well, helping reduce dependence on traditiona ...
人类创造力的核心机制,AI已经开始掌握了 | 北大CogSci 2025(Oral)
量子位· 2025-06-25 05:00
CogSci 2025论文 投稿 量子位 | 公众号 QbitAI "AI永远无法取代人类"证据-1! 北大团队最新论文揭示: 人类引以为傲的创造力,如今AI也开始掌握了 。 甚至,研究人员还提出了一种系统性框架,首次从认知科学的角度,对AI模型的组合创造力 (Combinational Creativity) 进行了量化评估 与优化。 结果发现, GPT-4等先进模型 在创意理解任务上已经超越普通人类 (准确率70% vs. 50%) 。 这项研究不仅揭示了当前先进模型理解组合创造力的水平,还提出了一种可计算的方法,显著提升了AI的创意生成能力。 值得一提的是,这篇论文还被认知科学学会年度会议CogSci 2025收录,并被大会选为口头报告(Oral)进行现场讲解。 所以,这到底是咋回事儿呢? AI开始掌握人类创造力的核心机制 一切起源于这样一个问题: 当AI看到寄居蟹住进易拉罐,它想到了什么? 因此,要判断AI是否真的"理解"组合创造,就必须建立一个能够揭示其认知路径的系统框架。 用系统性框架量化评估AI的"组合创造力" 一只寄居蟹钻进废弃的易拉罐——这个画面你可能在海滩上见过。大多数人只是一笑而过,但艺 ...
HSBC Lowers Financial Advice Fee to 1% for UK Premier Clients
ZACKS· 2025-06-24 13:46
Group 1 - HSBC UK has reduced its financial advice fee for premier customers to 1% from 2.75%, with a minimum charge of £960, as part of a promotional discount until the end of the year [1][9] - The rationale behind this move is to enhance offerings for "mass affluent" clients, coinciding with the relaunch of its Premier account in February 2025 [2][9] - The minimum asset requirement for accessing the premier investment management service has been lowered from £250,000 to £100,000, and a switching incentive has been introduced for new premier customers [3][9] Group 2 - HSBC UK Private Banking has adopted the Addepar platform to improve services for ultra and high net worth clients [4] - In mainland China, HSBC is expanding its wealth business through lifestyle-focused centers and acquisitions, including Citigroup's retail wealth arm [4] - Over the past six months, HSBC shares have increased by 19.7%, which is lower than the industry's growth of 24.6% [5]
How Leverage Could Make You Rich—or Wipe You Out!
Coin Bureau· 2025-06-21 14:01
have you ever found yourself wondering why crypto markets swing so violently so violent well more often than not the hidden ingredient is leverage so when we saw that Galaxy Research had dropped a report that dives deep into this murky sector of the market we knew we had to cover it so in today's video we're breaking down Galaxy's key insights to show you exactly how leverage shapes the crypto market highlighting the hidden risks it creates and explaining why it's something you need to watch very closely ev ...
BTCS Inc. Acquires 1,000 ETH, Expanding Ethereum Holdings to 14,600 ETH
Newsfile· 2025-06-20 13:00
Core Viewpoint - BTCS Inc. has acquired 1,000 ETH for approximately $2.5 million, increasing its total Ethereum holdings to 14,600 ETH, representing a 61% increase since the end of Q1 2025 [1][2]. Group 1: Acquisition Details - The acquisition was made through borrowing on AAVE, a leading decentralized lending protocol, at an average price of $2,528 per ETH [1]. - The net cost of capital for this acquisition was approximately 2.78% per year, and there was no shareholder dilution involved [1]. Group 2: Company Strategy and Operations - The newly acquired ETH will be used to support the expansion of BTCS' NodeOps business by increasing its staking operations [6]. - BTCS has a long-term strategic approach, emphasizing disciplined execution and commitment to building shareholder value, which has contributed to its status as the oldest publicly traded crypto company [3]. Group 3: Company Overview - BTCS Inc. focuses on blockchain infrastructure technology and aims to drive scalable revenue growth through its operations, including block building and validator node management [7]. - The company operates a branded block-building operation called Builder+, which optimizes block construction for on-chain validation to maximize gas fee revenues [7]. - BTCS also manages validator nodes and staking across multiple proof-of-stake networks, enhancing user access and engagement through its AI-powered blockchain data analytics platform, ChainQ [7].
Lottery.com Appoints Acclaimed Actor and Director Tamer Hassan as President of Sports.com Studios
Globenewswire· 2025-06-17 19:25
Core Insights - Lottery.com Inc. has appointed Tamer Hassan as President of Sports.com Studios, a new content division focused on sports-related films and programming [1][3][4] - Hassan has over 25 years of experience in international film and television, known for roles in notable productions [2] - The new division aims to develop and distribute compelling sports-focused content, marking a significant step in Sports.com's expansion into entertainment media [3][5] Company Developments - Tamer Hassan's leadership is expected to enhance the creative and strategic direction of Sports.com Studios [3][4] - The division is currently in pre-production on several projects, including a documentary series about a major British football club [4] - The initiative reflects the company's strategy to blend sports, cinema, and storytelling, aiming to inspire global audiences [5] Leadership Statements - Matthew McGahan, Chairman & CEO, praised Hassan's unique qualifications and connection to sports, emphasizing the potential for powerful content creation [4] - Hassan expressed enthusiasm for merging the worlds of sport and film to create authentic narratives for fans [5]