BitMine Immersion Technologies, a company known for holding a massive amount of Ethereum, saw its stock drop by over 5% on October 9. This happened after a well-known investment firm decided to bet against it, a move called short-selling. BitMine, led by Tom Lee, a famous Wall Street figure, is the biggest company focused on Ethereum. It's called a Digital Asset Tre...
The crypto world felt the heat from President Donald Trump's latest move. He said he might slap a huge 100% tariff on Chinese imports. This news sent shockwaves through the crypto market. It led to a massive sell-off. Over $19 billion in crypto assets were wiped out in just one day. More than 1. 6 million traders felt the burn. This wasn't just a small blip. It was ...
In a notable move, Truist Financial Corp trimmed its investment in Vanguard Financials ETF (NYSEARCA:VFH) by almost 15% last quarter. This shift left them with 114, 044 shares, valued at approximately $14. 5 million. But Truist wasn't the only player making waves. Other big investors also adjusted their positions, showing a mixed bag of strategies. Capital Investmen...
In the world of investments, things are always changing. Recently, Truist Financial Corp decided to sell a big chunk of its shares in the Vanguard Long-Term Corporate Bond ETF, known as VCLT. They sold 111, 585 shares, which is a lot! This means they now own a smaller piece of the pie, about 0. 14%, worth around $14. 1 million. But Truist isn't the only one making m...
Investors are showing a lot of interest in the Vanguard Large-Cap ETF. PFG Investments LLC recently increased its stake in this ETF by 18. 5% during the second quarter. They now own 2, 195 shares, which are worth about $626, 000. Other big investors are also making moves. Wealthspire Advisors LLC boosted its holdings by 93. 7% in the first quarter, now owning shares...
Dividend ETFs are often overshadowed by the flashy tech and growth stocks. But there is a small ETF that is making big waves. It is called the LAFFER TENGLER Equity Income ETF, or TGLR for short. It is not as well-known as the big names like Vanguard's VIG and VYM. But it is outperforming them and the S&P 500. TGLR is a small fund with just $19 million in assets. Bu...
Truist Financial Corp recently made a notable investment in the Vanguard 0-3 Month Treasury Bill ETF (VBIL). They bought 108, 893 shares, worth about $8. 2 million, during the second quarter. This purchase makes them a small but significant stakeholder, owning around 0. 44% of the ETF. This isn't the only big investment in VBIL. Other major players have also been ac...
The recent election in Czechia has stirred up some financial concerns. Andrej Babis, leader of the victorious ANO party, has hinted that the country's budget deficit might be larger than expected. He pointed out that around 60 billion Czech crowns are missing for planned projects, like road construction. Without this funding, these projects might have to wait. The o...
Nebius Group N. V. stock is seeing a boost today. Why? Microsoft is getting a lot of NVIDIA chips from them. This is part of a big deal between the two companies. The deal is worth up to $19. 4 billion. It's all about AI. Microsoft wants to use Nebius's computing power for its AI projects. This includes large language models and a consumer AI assistant. Microsoft i...
Investors are showing a lot of interest in Equity Lifestyle Properties, Inc. Recently, Janney Montgomery Scott LLC increased its investment in the company by a huge 473. 4% in the second quarter. They now own 171, 005 shares, worth around $10. 5 million. But they're not alone. Other big investors have also been buying up shares. Brooklyn Investment Group, for exampl...