According to CertiK, the numbers dropped from $803 million to $509 million-like a magician pulling a rabbit out of a hat, only to realize it was a very confused hamster. 🐇 The Q1 losses? A staggering $1.7 billion, which is roughly the GDP of a small island nation. 🏝️
In a world where financial institutions occasionally remember what day it is, Laser Digital-a subsidiary of the Nomura Group-has apparently decided to join the crypto circus in Japan, as reported by Bloomberg. The Switzerland-based unit is currently whispering sweet nothings to Japan’s Financial Services Agency (FSA), the bureaucratic labyrinth of the digital asset universe, to secure a license for institutional clients. According to CEO Jez Mohideen, this move is a “vote of confidence” in Japan’s digital-asset ecosystem. Or as he might’ve said in a meeting: “We’re not here to disrupt anything. Just… mildly confuse it.”
The catalyst? A little good news from a recent acquisition: Ambry Genetics, the California-based genetic testing company Tempus picked up back in February. Ambry decided to drop a bombshell with its announcement this week: a major update to its cancer risk assessment platform, the CARE Program. This little tweak integrates breast density data into the Tyrer-Cuzick tool for more accurate breast cancer risk assessments. A move that could mean life or death, depending on which side of the betting table you’re sitting on.
The fintech superstar is a lot more than meme trades today. It serves a large and growing consumer base with an increasing array of services, and it has a lot more up its sleeve. But can it keep this up during the next three years? Let\’s see what might be happening at Robinhood in 2028.
Uncertainty clings to the U.S. economy like a bad cologne, while traders navigate a rollercoaster of federal shutdowns and blind optimism. Volatility? Oh, it’s the main course! 🎢
Realty Income’s business model hinges on long-term tenant relationships and predictable cash flows. Its triple net lease structure transfers operational burdens to tenants, while its diversified tenant base mitigates concentration risk. The company’s historical resilience-maintaining occupancy rates above 96% since 1994-suggests a robust foundation. However, its reliance on recession-resistant retailers may limit growth in evolving market conditions.
State Senator Liz Krueger and Assemblymember Anna Kelles rolled the idea out on October 1, a bill that would tax mining outfits by the year’s tally of power. The money would slip into the state’s Energy Affordability Programs, meant to ease the weight on households and small businesses that already breathe through straw-thin budgets. A measure born of electricity and stubborn resolve, with perhaps a hint of sarcasm from the weathered gentleman in the corner store.
High yields tempt. But temptations often have teeth. A dividend cut? That’s a double loss: income gone, value lost. So it goes.
AGNC Investment (AGNC) is a mortgage REIT, which is to real estate as a spreadsheet is to a party. It doesn’t own houses; it owns mortgage-backed securities. Great if you enjoy watching spreadsheets sleep. Now, here’s the rub: High rates dry up mortgages like a drought in the Sahara. But falling rates? That’s the rainstorm everyone’s been waiting for. Suddenly, AGNC isn’t just a dusty ledger-it’s a kid with a piggy bank full of new investments. And since it borrows money to buy those mortgages (a practice I personally refer to as “leverage”), lower rates mean cheaper debt. That’s like getting a discount on your ex’s rent. The spread between what it earns and what it pays? That’s the margin you want to widen before the next coffee price hike.
Let us dissect this creature of silicon and speculation with the precision of a coroner examining a particularly perplexing corpse.
