Nasdaq (NDAQ.O) announced its venture arm will invest $100 million in Payward, the parent company of crypto exchange Kraken. The strategic deal deepens their partnership to build regulated infrastructure for trading and settling tokenized equities on 24/7 blockchain rails. 📌 Key Takeaways & Important Metrics: 💥 The Big Picture: As traditional exchanges adapt to blockchain...
Positron AI, a rising star in the AI inference hardware market, has secured $875 million in its latest funding round—quadrupling its valuation to $5 billion in just seven months as competition against Nvidia’s hardware dominance intensifies. 📌 Key Takeaways & Important Metrics: 💥 The Big Picture: As running AI models becomes a core enterprise priority,...
SBI Mutual Fund, India’s largest asset manager ($29B debt AUM), expects the benchmark 10-year sovereign bond yield to rise and remain above 7% as inflation risks, budget deficits, and central bank hawkishness weigh on debt markets. 📌 Key Metrics & Important Takeaways: 💥 Market Outlook: With key rate decisions looming from the U.S. Federal Reserve...
Despite Treasury Secretary Scott Bessent expanding long-dated debt repurchases to $6 billion (up from $2 billion), bond investors remained unimpressed. Yields continued their sharp ascent as market anxiety over the $40+ trillion national debt and growing fiscal deficits outweighed liquidity interventions. 📌 Key Takeaways & Important Metrics: 💥 Bottom Line: Active Treasury intervention signals to...
If a full trading day feels too long, Defiance ETFs has filed with the U.S. SEC to launch 16 hourly 2x leveraged ETFs, aiming to double a stock’s return over just a single hour rather than a full trading day. 📌 Key Takeaways & Important Metrics: 💥 The Big Picture: As regulators restrict 3x/5x single-stock...
Despite global volatility and a dip in benchmark indexes, Indian retail investors poured record capital into mutual funds in August via Systematic Investment Plans (SIPs), marking 66 consecutive months of net inflows into equity funds. 📌 Key Takeaways & Important Metrics: 💥 The Big Picture: Persistent domestic inflows highlight strong retail resilience, with long-term investors...