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MAGS employs an equal-weight methodology across its seven holdings-Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Meta (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA)-rebalancing quarterly to maintain ~14.28% exposure per constituent. This approach diverges from market-cap-weighted indices, which historically allocate disproportionate resources to dominant players. The fund’s 0.29% expense ratio aligns with industry benchmarks for thematic ETFs, though liquidity constraints in high-beta equities may amplify tracking error.

U.S. Treasury Secretary Scott Bessent, that master of financial jargon, declared a “framework” had been reached-a term as vague as a bard’s promise to “return with glory.” The real drama? A summit between President Trump and Xi Jinping this Friday, where they’ll finalize terms. One imagines Trump whispering, “Make TikTok great again… or buy it. Or ban it. We’ll figure it out at the golf course.”

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Last week, whispers of an ETF-a financial instrument as old as the hills-spun new life into this meme-born token. The promise of institutional embrace, however fleeting, spurred a frenzy of speculation. Yet now, as the REX-Osprey Dogecoin ETF draws near to its Sept. 17 debut, the token retreats, as if exhaling after a breathless sprint. Ah, the eternal rhythm of “buy the rumor, sell the news”-a romantic interlude where investors, like lovers, part ways with their gains, leaving the coin to linger in the twilight of its own success.

Last week, this here coin was prancing like a colt on a sugar rush, buoyed by whispers of rate cuts and the soft, warm glow of hope. But lo! The market’s been handed a double-edged razor-sharpened on one side by the promise of easier money, the other by the folly of 96.5 million fresh DOGEs flooding in, worth near $27 million. It’s a deluge, friend, and the levees of optimism ain’t built to hold it.

In the stillness before the market’s hum, an analyst from Leerink Partners, Mani Foroohar, gave his blessing to Scholar Rock, assigning it a rating of “outperform”-a subtle yet potent invitation to embrace the stock with eager arms. His target price: $51 per share, a number with a promise nearly 51% greater than Scholar Rock’s last closing price. For a company just beginning to cast its shadow, such growth seems almost inevitable. What is a stock’s rise but the shadow of a company’s soul reaching across the landscape, stirring the winds of fortune?