JP Morgan and Wells Fargo are the latest major global banks to disclose exposure to Bitcoin via some of the spot BTC exchange-traded funds launched in January
$JPMorgan(JPM.US$ disclosed $731,246 of spot Bitcoin ETF investments in BlackRock $iShares Bitcoin Trust(IBIT.US$ , Bitwise $Bitwise Bitcoin ETF(BITB.US$ , Fidelity $Fidelity Wise Origin Bitcoin Fund(FBTC.US$ and Grayscale $Grayscale Bitcoin Trust(GBTC.US$
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$JPMorgan(JPM.US$ disclosed $731,246 of spot Bitcoin ETF investments in BlackRock $iShares Bitcoin Trust(IBIT.US$ , Bitwise $Bitwise Bitcoin ETF(BITB.US$ , Fidelity $Fidelity Wise Origin Bitcoin Fund(FBTC.US$ and Grayscale $Grayscale Bitcoin Trust(GBTC.US$
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UBS Smashes Forecasts — Reports $1.76 Billion In Profits Driven By Wealth & Investment Banking The net profit beat was TRIPLE analyst forecasts.
And marked the first profit after two consecutive quarters of losses following the CS takeover.
And markets are loving the beat.
Shares have surged 9% on the news, now up 54% over the past year.
Revenue was up 7% YoY to $12.7 billion with Wealth Management and Investment Banking generating $6....
And marked the first profit after two consecutive quarters of losses following the CS takeover.
And markets are loving the beat.
Shares have surged 9% on the news, now up 54% over the past year.
Revenue was up 7% YoY to $12.7 billion with Wealth Management and Investment Banking generating $6....
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Here's a look at the cash vs. long-term debt for EV companies: $Tesla(TSLA.US$ $Rivian Automotive(RIVN.US$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ $Li Auto(LI.US$
IDK where's BYD. (HAHAH)
IDK where's BYD. (HAHAH)
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Legendary Investor & Billionaire Warren Buffett's Cash Pile Hits A Record High — $189 Billion 🤯
And this figure is expected to hit an eye-watering $200 billion by the end of Q2.
Here’s what he had to say about it:
“I don’t think anyone at this table has any idea of how to use it effectively, and therefore we don’t use it.
We don't use it now at 5.4%, but we wouldn’t use it at 1%.
But don't tell the Federal Reserve that.”
Sounds li...
And this figure is expected to hit an eye-watering $200 billion by the end of Q2.
Here’s what he had to say about it:
“I don’t think anyone at this table has any idea of how to use it effectively, and therefore we don’t use it.
We don't use it now at 5.4%, but we wouldn’t use it at 1%.
But don't tell the Federal Reserve that.”
Sounds li...
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Last friday, $DBS Group Holdings(D05.SG$ became the first Singapore-listed company to achieve a market cap of S$100 billion following yet another record profit announcement:
Net profit for first-quarter 2024 rose 15% from a year ago to a record SGD 2.96 billion while return on equity reached 19.4%. Total income grew 13% to a new high of SGD 5.56 billion as net interest margin was stable at 2.14%, fee income crossed SGD 1 billion for the first time and treasury custome...
Net profit for first-quarter 2024 rose 15% from a year ago to a record SGD 2.96 billion while return on equity reached 19.4%. Total income grew 13% to a new high of SGD 5.56 billion as net interest margin was stable at 2.14%, fee income crossed SGD 1 billion for the first time and treasury custome...
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As of May 3rd
Total Net Flows to All ETFs + 6,124 $Bitcoin(BTC.CC$ ($378M)
ETFs Hold 824,600 Bitcoin
$Fidelity Wise Origin Bitcoin Fund(FBTC.US$ Buys 1660 BTC
$Grayscale Bitcoin Trust(GBTC.US$ Buys 1020 BTC
$Franklin Bitcoin ETF(EZBC.US$ Buys 990 BTC
$Valkyrie Bitcoin Fund(BRRR.US$ Buys 580 BTC
$Invesco Galaxy Bitcoin ETF(BTCO.US$ Buys 540 BTC
$Bitwise Bitcoin ETF(BITB.US$ Buys 520 BTC
$ARK 21Shares Bitcoin ETF(ARKB.US$ Buys 455 BTC
$iShares Bitcoin Trust(IBIT.US$ Buys 205...
Total Net Flows to All ETFs + 6,124 $Bitcoin(BTC.CC$ ($378M)
ETFs Hold 824,600 Bitcoin
$Fidelity Wise Origin Bitcoin Fund(FBTC.US$ Buys 1660 BTC
$Grayscale Bitcoin Trust(GBTC.US$ Buys 1020 BTC
$Franklin Bitcoin ETF(EZBC.US$ Buys 990 BTC
$Valkyrie Bitcoin Fund(BRRR.US$ Buys 580 BTC
$Invesco Galaxy Bitcoin ETF(BTCO.US$ Buys 540 BTC
$Bitwise Bitcoin ETF(BITB.US$ Buys 520 BTC
$ARK 21Shares Bitcoin ETF(ARKB.US$ Buys 455 BTC
$iShares Bitcoin Trust(IBIT.US$ Buys 205...
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The World’s Most Valuable Company Microsoft Has Just Signed The Biggest Clean Energy Deal In History
$Microsoft(MSFT.US$ has signed a major long-term deal with $BROOKFIELD ASSET MANAGEMENT LTD(BAM.WI.US$ ($900 billion AUM) to develop renewable energy power capacity in the U.S. & Europe between 2026 and 2030.
The $10+ billion deal will see Brookfield supply Microsoft with an eye-watering 10.5 gigawatts of clean energy to power AI data centres & cloud computing.
This is a huge deal.
In fact, ...
The $10+ billion deal will see Brookfield supply Microsoft with an eye-watering 10.5 gigawatts of clean energy to power AI data centres & cloud computing.
This is a huge deal.
In fact, ...
$Alphabet-C(GOOG.US$ paid $Apple(AAPL.US$ An Eye-Watering $20 BILLION Just To Be The Default Search Engine On Safari
Unsealed court documents revealed that payments reached $20 billion in 2022 according to Bloomberg.
Unsealed court documents revealed that payments reached $20 billion in 2022 according to Bloomberg.
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Last year, amidst the wild hype around ChatGPT, J.P. Morgan filed a trademark for 'IndexGPT'.
It mentioned “cloud computing software using artificial intelligence” for “analyzing and selecting securities tailored to customer needs.
But now according to Bloomberg, they are finally unveiling the product.
So, what does it do?IndexGPT basically uses AI to identify investments that are associated with a ...
It mentioned “cloud computing software using artificial intelligence” for “analyzing and selecting securities tailored to customer needs.
But now according to Bloomberg, they are finally unveiling the product.
So, what does it do?IndexGPT basically uses AI to identify investments that are associated with a ...
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BrianjhOP Shootingstar: exactly
BrianjhOP EZ_money: it's Peanuts to them