Investors are voting with their wallets for “Real Assets” at a historic pace. According to LSEG Lipper data, Gold Miner ETFs absorbed $3.62 billion in January—the highest monthly inflow since at least 2009. Broader gold and precious metals ETFs saw their eighth consecutive month of gains (+$4.39B), capping a record-breaking 2025 that saw $91.86 billion...
The “All-In America” era is moderating. According to new data from Wall Street’s top prime brokerages (Goldman Sachs, JPMorgan, BNP Paribas), hedge funds have spent the last year quietly diversifying away from North America. Faced with trade tensions, policy uncertainty, and a weaker US Dollar, managers are unwinding the extreme concentration that defined the post-pandemic...
The “breakup” was fake news. Speaking from Taipei on Saturday, Nvidia CEO Jensen Huang forcefully denied reports that the chip giant’s relationship with OpenAI had soured. Calling the rumors “nonsense,” Huang confirmed that Nvidia is proceeding with what will likely be the “largest investment we’ve ever made.” 🗣️ SETTING THE RECORD STRAIGHT: 🦄 THE VALUATION...
The financial black box has been opened, and the numbers are staggering. According to sources familiar with the results, SpaceX generated approximately $8 billion in EBITDA on $15–$16 billion of revenue last year. This ~50% margin profile confirms that Elon Musk has successfully transitioned the company from R&D-heavy cash burner to a highly profitable utility...
The check isn’t in the mail just yet. According to the Wall Street Journal, Nvidia’s blockbuster plan to invest up to $100 billion in OpenAI has stalled. The deal, which was set to secure OpenAI’s compute dominance, is now being reconsidered after internal doubts at the chip giant surfaced regarding the startup’s business fundamentals. 📉...
The “Vice Discount” is clearing, and the path to Wall Street is opening. OnlyFans is reportedly in exclusive talks to sell a majority stake (~60%) to San Francisco-based investment firm Architect Capital. The deal values the platform at approximately $5.5 billion (including debt), or roughly $3.5 billion excluding debt. 💰 THE DEAL METRICS: 🏦 THE...