David A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alternative investment funds such as hedge funds and private credit. With over 30 years’ experience in investing, David holds a Master of Science (MS) Degree in Finance, with a concentration in Investment Analysis, from Boston University, a Certificate in Financial Planning, and ...

You heard from a friend who bought some stock in Nvidia or Amazon or Apple when it was cheap, and now those shares are worth five or six figures. Those are inspiring stories. But how much can you safely invest in individual stocks? Financial planners advise armchair investors and retirement savers that the smartest move is usually to buy shares of index funds, the kind that track the performance of broad stock indexes or the entire market. Single stocks tend to be much more volatile. But millions of inv ...

Core Insights - David A. Johnson is the founder and principal of Endurance Capital Management, specializing in various investment vehicles including stocks, bonds, options, ETFs, REITs, real estate, closed-end funds, hedge funds, and private credit [1] Group 1 - David A. Johnson has over 30 years of experience in investing and holds a Master of Science (MS) Degree in Finance with a concentration in Investment Analysis from Boston University [1] - He also possesses a Certificate in Financial Planning and an MBA from Fordham University [1]

Core Viewpoint - Bank of America's Michael Hartnett indicates that most asset allocators are expected to maintain a bullish stance on stocks while being less optimistic about bonds [1] Group 1 - The sentiment among asset allocators is leaning towards equities, suggesting a preference for stock investments over fixed income [1] - The current market environment is characterized by a cautious outlook on bonds, reflecting a potential shift in investment strategies [1]

Core Insights - Euronext has received regulatory approvals from the Hellenic Capital Market Commission (HCMC) for its acquisition of a qualifying holding in Hellenic Exchanges – Athens Stock Exchange S.A. Holding (ATHEX Group) and its subsidiaries [1][2] - The acquisition is now unconditional, marking a significant step in Euronext's commitment to the Greek capital markets and enhancing its pan-European market infrastructure [3] - The acceptance period for the Tender Offer will conclude on 17 November 2025, with results to be announced on 19 November 2025 [4] Regulatory Approvals - The HCMC approved Euronext's suitability and that of its reference shareholders for the acquisition [1] - The change of control due to ATHEX's participation in the Hellenic Energy Exchange S.A. and EnEx Clearing House Single Member S.A. has also been approved [2] Acquisition Details - The Tender Offer is no longer subject to any regulatory approval, confirming its unconditional status [3] - Euronext aims to strengthen its position in the Greek capital markets through this acquisition [3]

Core Insights - A compelling and diversified product portfolio is driving revenues for players in the Zacks Securities and Exchanges industry, with expected benefits from rising trading volumes, product expansion, and increased adoption of crypto assets [1] - The industry is experiencing a shift towards non-trading revenue sources, which enhances business dynamism and stability [4] - Mergers and acquisitions are accelerating as companies seek growth and innovation [5] - Continuous investment in technology, particularly AI and blockchain, is crucial for enhancing competitiveness and operational efficiency [6][7] Industry Overview - The Zacks Securities and Exchanges industry includes companies that operate electronic marketplaces for trading stocks, options, bonds, and commodities, generating revenue from fees and data services [2] - The industry is witnessing increased adoption of crypto assets, but faces challenges due to regulatory compliance [2] Trends Impacting the Industry - Volatility is driving trading volume, with a projected market size of $49.6 billion by 2028, growing at a CAGR of 12.1% [3] - Companies are diversifying into recurring revenue sources to reduce reliance on trading income, focusing on data services and technology platforms [4] - M&A activity is on the rise, with firms pursuing strategic deals to enhance competitiveness [5] Technology Investments - Industry players are increasing technology investments to improve market models and operational efficiency, leveraging AI and blockchain [6][7] Industry Performance - The Zacks Securities and Exchanges industry ranks 28, placing it in the top 11% of 244 Zacks industries, indicating positive near-term prospects [8] - The industry has underperformed compared to the broader Zacks Finance sector and the S&P 500, with a year-to-date gain of 5.4% versus 13.3% and 16.1% respectively [12] Valuation Metrics - The industry is currently trading at a trailing P/E of 23.57X, compared to the S&P 500's 23.2X and the sector's 17.5X [15] Company Highlights - Cboe Global Markets is positioned for growth with an expanding product line and recurring revenues [19] - S&P Global is well-positioned to benefit from the demand for business information services, with a focus on innovation through acquisitions [28] - Nasdaq is enhancing its non-trading revenue base and focusing on technology and analytics [26] - CME Group is the largest futures exchange, with growth driven by product expansion and global presence [31]

Core Viewpoint - Euronext has announced a share repurchase programme with a maximum amount of €250 million, reflecting its proactive capital allocation strategy and confidence in growth prospects [1][2]. Group 1: Share Repurchase Programme Details - The programme aims to reduce Euronext's share capital, with all repurchased shares to be cancelled [6]. - The maximum amount allocated for the programme is €250 million, and it will run from 18 November 2025 until a maximum of 31 March 2026 [6]. - Euronext plans to repurchase approximately 2% of its ordinary shares, as authorized by the General Meeting on 15 May 2025, with a limit of 10% [6]. Group 2: Financial and Regulatory Compliance - The programme is designed to maintain Euronext's credit rating and financial flexibility while adhering to its dividend policy of a 50% payout of reported net income [2]. - Euronext has established a non-discretionary arrangement with a financial intermediary to conduct the repurchase, ensuring compliance with applicable regulations, including the Market Abuse Regulation [2][3]. Group 3: Company Overview - Euronext is a leading European capital market infrastructure, covering the entire capital markets value chain, including listing, trading, clearing, and settlement [7]. - As of September 2025, Euronext's regulated exchanges host over 1,700 listed issuers with a total market capitalization of €6.5 trillion, handling 25% of European lit equity trading [8].

Euronext announces volumes for October 2025 Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 6 November 2025 – Euronext, the leading European capital market infrastructure, today announced trading volumes for October 2025. Monthly and historical volume tables are available at this address: euronext.com/investor-relations#monthly-volumes CONTACTS ANALYSTS & INVESTORS – ir@euronext.com Investor Relations Judith Stein +33 6 15 23 91 97 Margaux Kurver +33 6 84 16 85 03 MEDIA – mediateam@euronext. ...

Core Insights - The article emphasizes the importance of strategic investing in light of market volatility, suggesting that investors should not avoid investing but rather adopt a thoughtful approach to manage risks effectively. Group 1: Risk Assessment - Investors need to assess their risk tolerance to determine how much market fluctuation they can handle, which is crucial for successful investing [3] - A long-term perspective can help investors avoid reactive decisions during market corrections [4] Group 2: Diversification - Diversifying investments across various asset classes, such as stocks, bonds, and alternative investments, is essential to mitigate economic volatility [5] - The correlation between different asset classes can help stabilize a portfolio during downturns, as not all markets will decline simultaneously [5] Group 3: Stock Trading Strategies - Investors focusing on stocks can reduce risk by adjusting position sizes or using hedging strategies, such as purchasing put options [6] - For example, buying a put option for a stock like Apple can offset losses if the stock price drops below a certain level [6] Group 4: Portfolio Management - Regularly revising and rebalancing a portfolio is necessary to align with current financial goals and risk tolerance [7] - Many portfolios remain unchanged for extended periods, which can lead to misalignment with an investor's financial situation [7]

selling more bitcoin at $109k to buy more bonds ...