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AtlasClear Holdings Reports 49% Increase in Net Income at Wholly Owned Subsidiary Wilson-Davis & Co.
Globenewswire· 2025-10-27 20:05
TAMPA, Fla., Oct. 27, 2025 (GLOBE NEWSWIRE) -- AtlasClear Holdings, Inc. (NYSE American: ATCH) (“AtlasClear Holdings” or the “Company”), a technology-enabled financial services platform modernizing trading, clearing, settlement, and banking, today announced that its wholly owned subsidiary, Wilson-Davis & Co. (“WDCO”), has reported strong financial results to its regulatory authority, highlighted by material improvements in revenue, net income, and net capital. For the quarter ended September 30, 2025 (Q1 F ...
Why The Market Won't Go Down
Seeking Alpha· 2025-10-27 20:05
Core Insights - MarketGauge was founded 25 years ago by former floor traders who became hedge fund managers, bringing over 100 years of combined experience in trading, technology, and education [1] - The company's mission is to provide strategic and actionable information to help investors and advisors achieve their financial goals through educational courses, proprietary trading tools, and quant-based models [1] - MarketGauge emphasizes identifying both major macro trends and emerging trends using proprietary tools and proven trading models, focusing on short-term tactics to maximize profits and minimize risk [1] Company Philosophy - The core philosophy of MarketGauge is to trade with a methodical, systematic, and repeatable approach, which they believe is essential for success [1] - MarketGauge's approach contrasts with the passive management and buy-and-hold strategies commonly promoted by many Wall Street analysts, which they consider dangerous [1] - All investing models at MarketGauge include track records with daily and weekly updates, ensuring transparency in performance [1] Market Presence - Since its inception, MarketGauge has provided market analytics to major financial institutions such as Barron's and Fidelity, as well as to thousands of individual investors and active traders [1] - The company's insights are featured in various financial platforms, including Benzinga, Stocks and Commodities, TalkMarkets, Investing Shortcuts, AAAII, and Traders Library [1] - CBS MarketWatch has recognized MarketGauge's Twitter feed as one of the top 50 sources for financial information [1] Team Expertise - Each expert at MarketGauge has a specific focus and domain within the company, with their unique skill sets interconnected through shared experience and a commitment to risk management [1] - All experts utilize the same indicators and tools, fostering a cohesive approach to trading and analysis [1]
Rise in AUM Balance Likely to Support Ameriprise's Q3 Earnings
ZACKS· 2025-10-27 18:25
Core Insights - Ameriprise Financial, Inc. (AMP) is expected to report third-quarter 2025 results on October 30, with anticipated year-over-year increases in revenues and earnings [1][11] - The company has a strong earnings surprise history, surpassing the Zacks Consensus Estimate in three of the last four quarters, with an average beat of 2.30% [2] Revenue Estimates - The Zacks Consensus Estimate for management and financial advice fees is $2.75 billion, reflecting a 7% increase from the prior year [3] - Distribution fees are estimated at $553 million, indicating a year-over-year rise of 7.8 [4] - Other revenues are projected at $134 million, suggesting a growth of 2.3% [4] Investment Income and Charges - The consensus estimate for net investment income is $834 million, representing a decline of 10.7% year-over-year [5] - Premiums, policy, and contract charges are estimated at $374 million, indicating an 8.6% decrease [5] Assets Under Management - Total AUM and AUA are expected to reach $1.62 trillion, marking a 7.4% increase from the previous year [6] Expense Management - While cost management initiatives have controlled general and administrative expenses, overall costs are expected to rise due to technology upgrades and new hires, with total adjusted operating expenses estimated at $3.27 billion [7][11] Earnings Expectations - The consensus estimate for earnings is $9.60 per share, reflecting an 8.7% increase from the prior year, with total sales estimated at $4.52 billion, suggesting a 4% year-over-year increase [12] Earnings Surprise Potential - The company has a positive Earnings ESP of +2.55%, indicating a high likelihood of beating the Zacks Consensus Estimate for earnings [8] - Ameriprise currently holds a Zacks Rank 2 (Buy) [9]
X @Decrypt
Decrypt· 2025-10-27 18:25
Citi partners with Coinbase to boost crypto payment options for institutional clients, bridging traditional finance and digital assets.Read more: https://t.co/uOpUOmJNVw ...
X @Wendy O
Wendy O· 2025-10-27 18:15
$2.6T Citi and Coinbase partner to enhance digital asset payment solutions for institutional clients ...
Will Escalating Expenses Affect Virtu Financial's Q3 Earnings?
ZACKS· 2025-10-27 17:11
Core Insights - Virtu Financial, Inc. (VIRT) is scheduled to report its third-quarter 2025 results on October 29, with earnings per share (EPS) estimated at $1.00 and revenues projected at $420.1 million, reflecting a year-over-year earnings increase of 22% and revenue growth of 8.3% [1][2] Financial Performance Estimates - For the full year 2025, the Zacks Consensus Estimate for Virtu Financial's revenues is $1.9 billion, indicating a year-over-year rise of 19.4%. The consensus for EPS is $4.80, suggesting a 35.2% increase year-over-year [2] - The company has consistently beaten consensus earnings estimates in the past four quarters, with an average surprise of 14.9% [2] Earnings Prediction Model - The current model does not predict an earnings beat for Virtu Financial this quarter, as it has an Earnings ESP of -7.36% and a Zacks Rank of 4 (Sell) [3] Revenue Drivers - The expected growth in Virtu Financial's top line is attributed to improved net trading income, higher commissions, and technology services revenues, along with increased interest and dividends income. The consensus estimate for overall net trading income is $489.1 million, reflecting a 10.1% year-over-year increase [4] - The consensus estimate for commissions and technology services is $150 million, indicating a 14% year-over-year increase [5] - Interest and dividends income is estimated at $132.2 million, which implies a 5.5% rise from the previous year [8] Segment Performance - The Market Making segment's net trading income is estimated at $485 million, indicating a 10.1% year-over-year rise, while the Execution Services segment's net trading income is projected at $4.1 million, reflecting a 15.4% growth [9] Cost Pressures - Virtu Financial's margins are expected to be impacted by rising operating costs, which are anticipated to increase by 10.2% year-over-year to $617 million. This includes higher brokerage, exchange, clearance fees, and employee compensation costs [10]
X @Coinbase 🛡️
Coinbase 🛡️· 2025-10-27 16:25
We’re collaborating with @Citi to build the future of payments.→Exploring making it easier for Citi clients to use digital assets→Unlocking the power of stablecoins for payments→Improving on and off-rampsTime to make digital assets an integral part of the global economy. https://t.co/jGaTZ8wPRf ...
X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-10-27 16:10
Citi is leaning HARD into cryptoCustody coming next year and now the Coinbase partnershiprciv (@rcivNFT):BREAKING: CITI partners with COINBASE to make on and off-ramping crypto easier for Citi's institutional clients https://t.co/UjUzFn1oSP ...
Why Keefe, Bruyette & Woods downgraded Berkshire Hathaway
Invezz· 2025-10-27 16:05
Core Viewpoint - Keefe, Bruyette & Woods (KBW) has downgraded Berkshire Hathaway to underperform due to increasing succession risks associated with Warren Buffett's impending retirement and various business challenges that may arise [1] Group 1: Succession Risks - The downgrade is primarily driven by concerns over succession planning as Warren Buffett prepares for retirement [1] - The potential impact of Buffett's departure on the company's leadership and strategic direction is highlighted [1] Group 2: Business Headwinds - Multiple business headwinds are identified that could affect Berkshire Hathaway's performance [1] - These challenges may include market volatility and operational difficulties across its diverse portfolio [1]
Primerica Accuses Osaic Of Running Corporate Raids 'Under Cover of Darkness'
Yahoo Finance· 2025-10-27 15:35
Core Points - Primerica Financial Services has filed a lawsuit against Osaic Wealth, accusing it of a conspiracy to unlawfully take its business and clients [1][2] - The lawsuit claims that Osaic has a history of engaging in such practices, which are allegedly embedded in its corporate culture [3] Group 1: Allegations and Legal Actions - Primerica alleges that Osaic conspired with several of its advisors in West Virginia to solicit clients and take confidential information, violating employment contracts [2] - The complaint states that Osaic's business model relies on "raids" to acquire representatives who then breach their contracts to benefit Osaic [3] Group 2: Recruitment Tactics - Osaic allegedly encouraged former Primerica representative Brian David Collins to act as a "double agent" to facilitate the transfer of client information and staff [4] - Collins established Legacy Investment Advisors and Wealth Management shortly before the mass resignation of staff to join Osaic on October 17 [4] Group 3: Financial Implications - The six former Primerica representatives who joined Osaic managed approximately $530 million, which accounted for over 96% of the branch's assets under management [5] - Primerica claims that Osaic incentivizes representatives to breach contracts by offering "large cash bounty payments" disguised as "forgivable loans" [5]