Joining us now with where else customers are buying is Robin Hood's chief brokerage officer, Steve Kirk. And Steve, good to have you here. Just characterize what the activity level is, whether it seems as if your customer base is uh is taking on more risk, looking for different uh places that have not yet moved as much or how are they behaving.Sure. Thanks for having me, Mike. Um so I would characterize their behavior as still very engaged.If you look at um our volumes uh across all asset classes, equities, ...

Covered all this again with the new info we have post FOMC and with price selling off in last night's YT video.Make sure to watch that.Overall my thoughts remain the same.Bears have a pretty compelling case for calling top with a super clear invalidation.Since this last post, we've seen Gold and Equities continue to rip higher without BTC.Both Gold and Equities are due for a pull back and it's likely if we get a wash out that BTC proves it's the weakest of the 3 and sells off the hardest.Locally, I think we ...

Core Insights - Prime Minister Modi's declared assets as of March 31, 2025, total ₹3.43 crore, primarily in fixed deposits, indicating a preference for security over growth [1][3] - A Chartered Accountant warns that following Modi's investment strategy could lead to wealth stagnation, emphasizing the importance of aggressive investment for wealth growth [2][3] - The CA advises diversifying investments between fixed deposits for security and equities or systematic investment plans (SIPs) for growth, highlighting the detrimental effects of inflation on idle money [3] Summary by Categories Assets Declaration - PM Modi's assets include ₹3.26 crore in fixed deposits with the State Bank of India, ₹9.74 lakh in National Savings Certificates and post office deposits, and ₹3.1 lakh in gold rings, with no investments in equities, mutual funds, bonds, or real estate [1][3] Investment Mindset - The CA critiques the mindset reflected in Modi's asset allocation, suggesting that prioritizing safety over growth can lead to stagnation in personal wealth [2][3] - The CA emphasizes that the difference between earning 6.5% versus 12-15% over a decade can significantly impact wealth accumulation, potentially doubling it [2] Investment Strategy Recommendations - The CA recommends not waiting for perfect timing or risk-free options and suggests splitting investments between fixed deposits for security and equities or SIPs for growth [3] - The CA warns that inflation can erode the value of money kept idle in banks, even if perceived as "safe" [3]

Core Insights - Cboe Global Markets, Inc. (CBOE) has a market capitalization of $24.5 billion and is a leading exchange operator in ETP trading, offering diverse trading across multiple asset classes globally [1][2] Company Overview - Cboe operates through six business segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital, providing a wide range of trading, clearing, and data solutions [2] - The company is classified as a "large-cap" stock, fitting the criteria of being valued at $10 billion or more [2] Stock Performance - CBOE shares have declined 8.2% from their 52-week high of $255.27, while over the past three months, shares have risen 3%, underperforming the Dow Jones Industrials Average's 9.5% return [3] - Year-to-date, CBOE stock is up nearly 20%, outperforming the Dow Jones Industrials Average's 8.6% gain, and has returned 11.3% over the past 52 weeks compared to the DOWI's 9.9% increase [4] Recent Financial Results - On August 1, Cboe's shares rose 2.8% following strong Q2 2025 results, with adjusted EPS of $2.46, beating consensus estimates and rising 14.4% year-over-year [5] - Revenues reached a record $587.3 million, up 14% year-over-year, driven by a 19% increase in options revenues and a 30% rise in Europe and Asia Pacific revenues [5] Future Guidance - Cboe expects high single-digit organic net revenue growth and has lowered its expense outlook to between $832 million and $847 million [6] - In comparison, rival Intercontinental Exchange, Inc. (ICE) has seen its stock rise 14.8% year-to-date and 7.7% over the past 52 weeks [6] Analyst Sentiment - Despite the stock's strong performance, analysts maintain a cautious outlook, with a consensus rating of "Hold" from 18 analysts and a mean price target of $246.73, indicating a 5.9% premium to current levels [7]

Group 1 - The article focuses on Gladstone Investment Corporation (NASDAQ: GAIN) as a notable Business Development Company (BDC) and discusses its financial instruments and offerings [1] - The investing group Trade With Beta, led by Denislav, provides features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, and hedging strategies [2] - The article emphasizes the importance of active investor participation and the availability of a chat room for discussions among sophisticated traders and investors [1][2] Group 2 - The article does not provide specific financial data or performance metrics related to Gladstone Investment Corporation [1][2][3] - There is no mention of any recent news events or market trends affecting the BDC industry or Gladstone Investment Corporation specifically [1][2][3]

AUM and Financial Performance - Vinci Compass's total Assets Under Management (AUM) reached R$304.1 billion, a 339% year-over-year increase, primarily due to the combination with Compass and the acquisition of Lacan[36] - The company reported Adjusted Distributable Earnings (Adj DE) of R$75.8 million, or R$1.20 per share, for the second quarter of 2025, representing a 30% year-over-year increase[50] - Fee Related Revenues (FRR) totaled R$232.7 million for the quarter, up 85% year-over-year, driven by growth in management and advisory fees, as well as the addition of other revenue streams[45] - The company declared a quarterly dividend of US$0.15 per common share[29] Segment Highlights - Global Investment Products & Solutions (Global IP&S) reported AUM of R$230 billion[13], with Fee Related Earnings (FRE) increasing by 250% year-over-year to R$12.5 million[76] - Credit segment AUM reached R$30 billion, a 258% year-over-year increase, with FRE up 97% year-over-year[82] - Private Equity AUM stood at R$16 billion[19], with a gross MOIC of 2.3x and a gross IRR of 64.6% for the VCP strategy[20] - Real Assets AUM totaled R$12 billion[23], with approximately 82% of the AUM in vehicles with 10+ years lock-ups[23] Capital and Investments - New capital formation in the second quarter of 2025 totaled R$3.6 billion, driven by net inflows and capital subscriptions across Global IP&S, Credit, and Real Assets[36] - The final closing of VICC brought the total fund size to R$1.8 billion[30] - Total capital committed to proprietary funds reached R$1.4 billion, with R$771.1 million already called as of June 30, 2025[65]

Summary of Key Points from the Conference Call Industry or Company Involved - The discussion revolves around the **Global Macro Strategy** and the implications of a dovish Federal Reserve (Fed) policy on various asset correlations and investment strategies. Core Insights and Arguments 1. **Dovish Fed Environment**: The current market pricing indicates a dovish Fed stance, which is justified by concerns regarding the labor market and potential reconfiguration risks within the Federal Open Market Committee (FOMC) [8][9][14] 2. **Asset Correlation Dynamics**: In a dovish environment, the correlation between gold and risk assets tends to be higher than usual, suggesting a favorable pairing of equities with gold (XAUUSD) [2][13] 3. **Hybrid Trades**: The portfolio includes trades such as NDX higher and US 5s30s higher, indicating a belief in rising equities and a steeper yield curve due to supportive macroeconomic conditions [3][17] 4. **Updated Correlation Matrices**: The correlation matrices have been updated to reflect the current state of implied versus realized correlations across various asset classes, highlighting significant deviations [4][23] 5. **Trade Recommendations**: The report suggests maintaining positions in gold and silver, as they are expected to perform well in the current macroeconomic backdrop [2][14] Other Important but Possibly Overlooked Content 1. **Labor Market Concerns**: The rising unemployment rate and increasing duration of unemployment are critical factors influencing the Fed's dovish stance [11] 2. **Oil and Currency Dynamics**: The report discusses a dual digital trade involving AUDUSD and oil, predicting a weaker dollar and lower oil prices due to a feeble labor market [18] 3. **Correlation Grids**: The correlation grids provide a visual representation of the relationships between various assets, which can guide investment decisions [21][25] 4. **Potential Risks**: The report notes that futures trading involves substantial risks, which investors should consider when making decisions [19] This summary encapsulates the key points discussed in the conference call, focusing on the implications of a dovish Fed policy on asset correlations and investment strategies.

Euronext to join the CAC 40® Index Euronext celebrates recognition of strong market performance and shareholder value creation since the IPO in 2014 Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 12 September 2025 – Euronext, the leading European capital market infrastructure, is proud to highlight its upcoming inclusion in the CAC 40® Index (PX1), following the quarterly review of the CAC® Family indices performed by the Scientific Committee. Euronext’s entry into the benchmark French index w ...

Core Points - Euronext has announced the cancellation of 2,692,979 ordinary shares following the completion of its €300 million share repurchase program on March 10, 2025 [1] - The cancellation aligns with the company's intention to reduce capital, as stated in the announcement of the share repurchase program on November 7, 2024, and was approved by shareholders during the Annual General Meeting on May 15, 2025 [1] - After the cancellation, Euronext's issued share capital is now €162,468,044.80, divided into 101,542,528 ordinary shares [2] Company Overview - Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, including listing, trading, clearing, settlement, and custody [4] - As of June 2025, Euronext's regulated exchanges host nearly 1,800 listed issuers with a market capitalization of €6.3 trillion, making it a significant player in European equity trading [5] - Euronext handles 25% of European lit equity trading and offers a diverse range of products, including equities, FX, ETFs, bonds, derivatives, commodities, and indices [5]

CHAINLINK LAUNCHES REAL-TIME DATA STREAMS FOR U.S. EQUITIES AND ETFS TO POWER TOKENIZED RWA MARKETS- @Chainlink has unveiled real-time Data Streams for U.S. equities and ETFs, marking a groundbreaking advancement in the tokenized real-world asset (RWA) market.- The launch introduces context-rich, high-throughput financial data that is now available onchain to support the creation of secure, compliant, and composable financial products built on blockchain technology.Key Details:- The newly launched Chainlink ...