SkyBridge Capital founder Anthony Scaramucci is not backing away from Bitcoin. Scaramucci, a Goldman Sachs veteran briefly served as White House Communications Director under Trump in 2017 before being dismissed after just 11 days. He has since become one of Wall Street’s most vocal Bitcoin advocates. In a post on X Scaramucci laid out five…
Rising food costs driven by inflation have been a problem for U.S. steakhouses ranging from high-end to budget establishments, leading some well-known restaurants to permanently shut their doors and in some cases file for bankruptcy An increase in the cost of beef that led to steak prices spiking 16% to $12.73 per pound in March…
AI stock investors have essentially been trained to follow a rule to invest in businesses closest to GPUs, data centers, and hyperscaler spending. Intel (INTC) CEO Lip-Bu Tan just flipped that script on the June 18 episode of No Priors: AI, Machine Learning, Tech, & Startups. Tan believes that the AI trade is effectively moving…
Alan Greenspan had been running the Federal Reserve for barely two months when the floor gave out. On Oct. 19, 1987, the day that became known as “Black Monday,” the Dow Jones Industrial Average plunged nearly 23% in a single session, still the worst one-day percentage drop (1) in its history. Panic rippled across global…
Summary Based in Pontiac, Michigan, UWM Holdings Corp. is a wholesale mortgage originator that focuses on broker services rather than direct-to-consumer loans. It generates revenue from three segments: Loan Production, Loan Servicing, and Interest Income. UWMC is the leading wholesale mortgage lender in the U.S., with an approximate 44% share of the wholesa
July NY world sugar #11 (SBN26) today is down -0.29 (-2.13%), and Aug London ICE white sugar #5 (SWQ26) is down -2.40 (-0.54%). Sugar prices are sliding today, with NY sugar falling sharply to a 2-month low. Today’s -2% decline in crude oil prices (CLN26) has undercut ethanol prices and is weighing on sugar prices. The…
The stock of Hut 8 (NASDAQ: $HUT) has received a new buy rating on Wall Street. Lucid Capital Markets has initiated coverage of Hut 8’s stock with a buy rating and a price target of $226 U.S. The price target from Lucid Capital is 82% higher than where Hut 8’s stock currently trades and comes…
Grow Funds, an investment Advisor, released its Q1 2026 investor letter for “GROW Small Cap Equity Long/Short Fund”. A copy of the letter can be downloaded here. In Q1 2026, GROW Small Cap Equity Long/Short L.P (Fund) returned 4.18%, outperforming the Russell 2000 Growth Index’s –2.80%, HFRI Equity Hedge Index’s -0.24%, and the HFRI Fundamental…
Grow Funds, an investment Advisor, released its Q1 2026 investor letter for “GROW Small Cap Equity Long/Short Fund”. A copy of the letter can be downloaded here. In Q1 2026, GROW Small Cap Equity Long/Short L.P (Fund) returned 4.18%, outperforming the Russell 2000 Growth Index’s –2.80%, HFRI Equity Hedge Index’s -0.24%, and the HFRI Fundamental…
Tech stocks were mixed in early trading Monday as questions continued to loom over the US-Iran peace deal. On the artificial intelligence front, memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out. On Monday, the company announced a strategic agreement with…
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