Updated Sept. 18, 2026 4:59 pm ET
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1357 ET – Hyperliquid’s HYPE token rises 6.7% to $90.83 after the exchange announced that it would enable direct borrowing on its platform. HYPE hit a record $92.43 earlier in the session. Hyperliquid says that it will let users supply HYPE or BTC as collateral for loans, offering 65% and 50% loan-to-value, respectively, according to a statement on its website. The HYPE token has gained 30% in the past two months alone.(kirk.maltaiswsj.com)

#market

XRP serves three live functions: cross-currency payment settlement, collateral at Ripple Prime, and streaming payments for AI software agents via Stripe's Machine Payments Protocol.
XRP's native Payment Channels enable streaming micropayments in one settlement transaction, a capability Ripple's own RLUSD stablecoin cannot yet match.
Agent payments remain in beta with zero live commercial volume, while payments and collateral already handle real institutional capital.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
XRP (CRYPTO:XRP) serves three key functions. It facilitates payment settlements between currencies, acts as collateral for positions at prime brokers, and more recently, it covers expenses for software agents. The latter function was introduced through a standard co-authored by Stripe and Tempo, using XRP in a way Ripple's own dollar stablecoin has yet to achieve.

#payment #live #settlement #Streaming

An equal $100,000 split across SGOV, JAAA, and CLOZ generates roughly $465 monthly at a blended 5.6% yield, no dividend stocks required.
CLOZ's 7.35% trailing yield on BBB-B rated CLO tranches drives $204 of the monthly income but carries the portfolio's highest credit risk.
Floating-rate CLO coupons in JAAA and CLOZ keep effective duration near zero, shielding principal from long-term rate swings while outpaying Treasury bills.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Income investors do not have to own dividend stocks to generate a meaningful monthly check. An equal $100,000 split across the iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV), Janus Henderson AAA CLO ETF (NYSEARCA: JAAA), and Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) currently produces roughly $465 a month based on trailing distribution yields. The portfolio gets there without owning a single dividend stock and with very little traditional interest-rate exposure. Instead, SGOV owns Treasury bills, while JAAA and CLOZ invest in floating-rate collateralized loan obligations. That combination gives income investors three different steps up the risk ladder without requiring a move into equities.

#income #Dividend

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Apollo Global Management (NYSE:APO) is in talks to increase its loan to SoftBank's Vision Fund II from $5.4 billion to as much as $9 billion, potentially giving the ******* anese conglomerate additional financing capacity for its massive investment in OpenAI.
The deal size has not yet been determined, according to Bloomberg.
Apollo has previously extended financing to SoftBank's venture capital arm in 2021. The lender increased the facility by another $900 million last year, bringing its total size to $5.4 billion. NAV financing allows private capital managers to raise liquidity by using investments held with their funds as collateral.
Read Also:KKR Doubles Private Debt Deals to $80 Billion as AI Spending Explodes

#capital #finance #management

JERUSALEM, Sept 14 (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Monday that a new documentary film which alleges that mass civilian deaths were routinely built into targeting ‌decisions in Gaza was part of a wave of global incitement against Jews.
"NAZA", directed ‌by Israeli journalists Yuval Abraham and Rachel Szor, won the Special Jury Prize at the Venice Film Festival on Saturday and received a 25-minute standing ovation when it was screened on Thursday.
The film takes its **** le from an Israeli military term for expected "collateral casualties" and is built around anonymous interviews with intelligence officers and soldiers involved in the war.
"It's shocking. We are fighting global antisemitic incitement and when it comes from ‌within us it is intolerable," Netanyahu ⁠said in a video posted on Telegram. "And now two Israeli directors portraying the IDF (Israel Defense Forces) as war criminals receive applause at the Venice festival."
Netanyahu's ⁠comments followed a statement from the Israeli military chief Eyal Zamir, who said the film constituted an attack on the state of Israel.

#global

Healthy Tanner Houck Hopes to Be a Difference Maker for Red Sox in Playoffs originally appeared on NESN. Add NESN as a Preferred Source by clicking here.
Tanner Houck started his career with plenty of hype, acting as someone who can do anything if given the opportunity. Coming off an injury that kept him out of action throughout he 2026 season, he hopes the Red Sox could use him come playoff time.
The 24th overall pick in the 2017 MLB Draft, Houck was picked up as a starting pitcher. A chameleon, he adapted to any situation, acting as a starter, reliever, and closer. In 2022, he appeared in 32 games and was as durable as one could be.
Houck has shown flashes of brilliance but hasn't found consistency. This year, he has been rehabbing after undergoing a special surgery of his ulnar collateral ligament. It's a "hybrid reconstruction" with a flexor tendon repair.
That was last August. This year, the Red Sox, with high expectations, struggled at first. Now, they are playoff contenders, and Houck wouldn't mind adding to the fun. That includes rejoining the team before the season ended.

#playoff #healthy

Trading near $45 a share, Boston Scientific (BSX) sits roughly 58% below its 52-week peak. Instead of buying the dip outright, selling cash-secured put options allows investors to generate immediate income while locking in an even deeper entry point. However, this trade only works if you are comfortable holding the stock through a turnaround, particularly as both of the company's core growth drivers—WATCHMAN and electrophysiology—face sudden operational headwinds.
Sell a put option on BSX expiring 9/17/2027, with a strike price of $30.
Collect roughly $135 in premium per contract (each contract covers 100 shares).
That works out to about 4.4% annualized on the $3,000 of cash you set aside to secure the trade.
Park that collateral in Treasury bills or a Treasury money-market fund yielding roughly 3.9%, boosting your total cash-secured return to about 8.3%.

#secured #works #trading #scientific

Under IRC Section 77, farmers can elect to report CCC loan proceeds as Schedule F income, triggering Social Security earnings even without selling a crop.
In 2026, net farm profit above $24,480 costs pre-retirement-age farmers $1 in Social Security benefits for every $2 earned over the limit.
The Section 77 election binds future years too, so farmers should compare tax outcomes and review their earnings history before committing.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Picture a Midwestern grain farmer with bins full of corn and prices too weak to tempt him into selling. Storage is already paid for, so he pledges the crop as collateral for a USDA Commodity Credit Corporation loan and keeps the grain in the bin. Cash arrives, but no customer has bought a bushel.

#section #Social #security #future

Personal loans are dangerously easy to get. You can have cash in your account the same day you apply — no collateral, minimal friction, maximum temptation. And that's exactly the problem. Just because you can borrow doesn't mean you should. The difference between a smart financial move and a debt spiral often comes down to one thing: understanding why you're borrowing in the first place.
Personal loans aren't inherently good or bad. They're a tool. And like any tool, they can either solve your problem or make it worse. Below, we break down the situations where borrowing actually makes sense and the ones where walking away is the smarter play.
Personal loans hover around 12% APR for borrowers with solid credit. Credit cards? Try 20%. If you're juggling multiple cards with balances, rolling that debt into a single personal loan can save you serious money on interest. Plus, you get one predictable payment instead of the payment shuffle.
But the catch is that you actually have to stop using your credit cards. Too many people consolidate their debt, feel relieved and then rack up new balances within a year. Now they've got two problems instead of one. So, before you borrow, compare rates, map out your payoff timeline and be honest about your spending habits. If you know you'll just max out those cards again, a personal loan won't save you. It'll only bury you deeper.
Your credit utilization ratio — basically, how much of your available credit you're actually using — accounts for 30% of your FICO credit score. Since personal loans are installment debt, they don't count toward that ratio the way credit cards do.

#debt #borrow #down

Peter Thiel is a billionaire investor who co-founded PayPal and Palantir. He was the first outside investor in Facebook, and he runs Founders Fund, the venture firm that put the first institutional money into ******* eX.
Thiel Macro LLC, the fund run by the PayPal and Palantir co-founder, recently filed its second-quarter 13F. The filing shows the fund bought 308,617 shares of American Electric Power Company, Inc. (NASDAQ:AEP) and 839,319 shares of FirstEnergy Corp. (NYSE:FE) in the second quarter. The AEP stake was worth $42.22 million at the end of the quarter, and the FirstEnergy stake was worth $39.90 million.
In this article, we will focus on AEP.
For decades, American Electric Power was just a major utility company providing electricity to American households, with no prospects of explosive growth. But the AI boom changed everything. Training and running large models need enormous amounts of round-the-clock electricity, and hyperscalers are racing to build data centers wherever they can get power. Demand is now coming to AEP faster than it can serve it. Why? Because it runs a major transmission network in the US across 11 states. The company now has 69 gigawatts of contracted load additions through 2030, up 6 gigawatts in the second quarter alone. Around 90% of that is data centers. Texas customers alone have put up nearly $2 billion in cash and collateral. If a customer walks away, termination fees and minimum demand clauses protect the shareholder.
AEP locks customers in with letters of agreement, electric service agreements and large-load tariffs that require minimum demand after ramp, plus collateral and termination fees.

#power #company #thiel

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Secured personal loans are simply loans backed by collateral, such as a car or bank account. By pledging something of value, you could more easily qualify for a loan or get a more competitive interest rate. But these loans may also be risky for some borrowers — if you fail to pay back the money you borrow, you lose the collateral to your lender.
Learn more about our top secured personal loan picks today and all the details you should know before you apply.
Our take: First Tech Federal Credit Union offers personal loans you can secure with either your savings account or a share certificate. There are no fees, flexible loan terms, and you can access your funds quickly.
Loan amount: $500-$500,000

#account

TSLW's 29% price drop looks worse than TSLA's 22% YTD loss, but trailing distributions of nearly $18 per share account for most of the gap.
Only 20% of TSLW is actual Tesla stock; 67% sits in Treasury bill collateral and 12% in derivatives that generate the weekly option income.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
If you bought Roundhill Tesla WeeklyPay ETF (CBOE:TSLW) for the paychecks, the paychecks arrived. A distribution hit your account almost every Friday in 2026, most recently $0.183637 per share paid on August 25. Then you looked at the price chart. TSLW opened the year at $24.82 and closed August 28 at $17.56, a price return of negative 29.26%. Something is missing from that picture.
TSLW is a weekly income vehicle wrapped around Tesla exposure. Distributions are paid out of net ****** et value on each ex-date. That mechanical drop is baked into the price line you see. That drop reflects cash that left the fund and, in theory, landed in your brokerage account, separate from any expense ratio or fund-inflicted loss.

#august

Andvari ******* ociates, an investment management firm, released its first-quarter 2025 investor letter. The letter can be downloaded here. Andvari's portfolio has performed strongly in the quarter, highlighted by Constellation Software's 19.9% revenue growth and its plans to spend on acquisitions in 2026. The company is also focusing on AI tools to enhance productivity and customer relationships. However, the AI sector is experiencing extreme hype, leading to a growing disconnect between valuations and future cash flows. Predictions suggest the AI investment phase may decline in 1-3 years, despite current high demand for AI infrastructure, which is expected to attract significant competition. Concerns about overbuilding and risky financial behaviors, like Oracle's downgraded credit rating amid a $90-$95 billion AI cloud investment, reflect potential pitfalls. Andvari has minimized exposure to this sector, aiming to protect and grow ******* ets through disciplined investments in stable industries despite recent underperformance during the AI boom. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Andvari ******* ociates highlighted NVIDIA Corporation (NASDAQ:NVDA). NVIDIA Corporation (NASDAQ:NVDA) is a leading data center-scale AI infrastructure company operating through Compute & Networking and Graphics segments. On August 28, 2026, NVIDIA Corporation (NASDAQ:NVDA) stock closed at $217.55 per share. The one-month return of NVIDIA Corporation (NASDAQ:NVDA) was 5.28%, and its shares gained 24.90% over the past 52 weeks. NVIDIA Corporation (NASDAQ:NVDA) has a market capitalization of $5.25 trillion.
Andvari ******* ociates stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q2 2026 investor letter:
"Another reason why I am increasingly cautious here is I've begun to see more examples of circular financing among the companies involved with the AI investment boom. For example, when NVIDIA Corporation (NASDAQ:NVDA) invested in OpenAI in late 2025, it was reported most of the money would be used to lease Nvidia chips. Also, some companies like Nvidia and Anthropic have invested directly into special purpose vehicles (SPVs), which in turn use that money to buy hardware from those exact same hardware makers. Then there are AI companies like Anthropic who have begun to use massive SPVs, backed by private equity firms, to borrow billions to buy chips and servers. The AI company then leases the chips from the SPV and thus the debt can stay on its own balance sheet. I've also read that some Nvidia customers are using Nvidia chips as collateral for loans to buy even more chips. This is the same type of behavior that eventually got many telecom and tech companies into huge trouble during the dot com bubble of the 1990s."

#andvari #chips #letter

San Diego Padres pitcher Yu Darvish is considering retirement, according to Padres general manager Craig Stammen.
Darvish is working his way back from ulnar collateral ligament (UCL) surgery he had in late 2025. He had Tommy John surgery in 2015.
Darvish last pitched in October 2025 during a wild-card playoff game against the Chicago Cubs. He has missed the entire 2026 season.
"He's been doing the normal Tommy John rehab — some of it at Petco, some of it not at Petco," Stammen said when talking on 97.3 The Fan earlier this week. "We see him here and there. He's on his own timeline. He still doesn't know if he really wants to come back, wants to retire, what his next role is within the organization. We're kind of letting him have his ***** e and do his thing, and right now he's throwing bullpens."

#john #petco #wants

JPMorgan Chase is easing its approach to loans secured against shares held by employees and early investors in recently listed companies, the Financial Times reported citing people familiar with the matter.
Under its usual policy, the US banking giant does not accept shares in a company that has been public for fewer than 135 days as collateral for lending.
But before ******* eX's IPO in June, the bank told its bankers it would be willing to lend against shares in Elon Musk's rocket and AI company earlier than that, the report said.
People inside JPMorgan told the FT they expect the bank could take a similar view if Anthropic, the company behind the Claude chatbot, goes public. No final decision has been taken, however.
JPMorgan earned $75m from its role on the ******* eX listing, the report said.

#told #report #chase

Trump's "economic D-Day" against Iran is built around one of Washington's most powerful weapons: access to the U.S. financial system. The problem is that the deeper Washington pushes into Iran's remaining trade, the bigger the targets become.
China buys more than 80% of Iran's seaborne crude. Iraq relies on Iranian gas for as much as 40% of its electricity generation. Turkey imported 4.5 bcm of Iranian gas in the first half of this year, while India still maintains a heavily one-sided trade relationship with Tehran. The UAE, once one of Iran's most important commercial and financial conduits, has already suspended dealings with Tehran.
The U.S. Treasury can sanction tankers, traders and small Chinese refiners without creating much collateral damage outside the Iranian trade. Going after the major banks financing that commerce is different, however. The same is true of forcing Baghdad to choose between complying with Washington and keeping Iranian gas flowing to Iraqi power stations.
The Trump administration took a cautious approach on Monday. Its first round targeted nearly 60 individuals, companies and vessels and expanded sanctions across shipping, aviation, technology, gold and digital ***** ets, but left China's major banks untouched.
That leaves the most powerful part of Trump's threat still hanging over Iran's trading partners. If the first round fails to cut Iranian commerce sufficiently, Washington can move from sanctioning the networks built to evade U.S. restrictions to targeting the banks and companies that still have substantial business to lose in the United States.

#still #tehran #built #financial

Collateralized fund obligations have quietly become an important fundraising tool for some of the largest managers of secondaries funds.
Last week, Franklin Templeton got in on the act by raising a $1.5 billion CFO, allowing the ****** et manager to issue tranches of rated debt secured against cash flows generated by a pool of private ****** ets it manages.
Structured Solutions 2026, as the CFO is known, gives investors, including registered investment advisers, family offices and insurance companies, exposure to the returns of a diversified portfolio of private equity fund stakes and continuation funds managed by Franklin Templeton's secondary-investing affiliate, Lexington Partners.
A portfolio of US middle-market loans managed by Benefit Street Partners, a direct-lending subsidiary of the $1.8 trillion ****** et manager, is also included in the CFO, according to a statement.
Franklin Templeton did not respond to further questions.

#private #Portfolio

Guinness Global Innovators, an investment management company, recently released its Q2 2026 quarterly investor update for its "Guinness Global Innovators Fund". You can download the letter here. The Guinness Global Innovators Fund focuses on investing in global companies that benefit from innovation in technology, communication, globalization, and management strategies. In the second quarter of 2026, the Guinness Global Innovators Fund returned 13.8% in GBP, compared with 13.0% for the MSCI World Index and 13.1% for the IA Global sector average. Easing Middle East tensions, falling oil prices, and renewed enthusiasm for artificial intelligence helped reverse much of the caution seen earlier in the year, with investors rotating back toward growth stocks and AI infrastructure beneficiaries. The Fund benefited from its overweight position in the Information Technology sector, while its overweight position in Communication Services detracted. Avoiding weaker Utilities, Materials, and Energy also supported relative performance. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, Guinness Global Innovators Fund highlighted Nasdaq, Inc. (NASDAQ:NDAQ) as a new holding. Nasdaq, Inc. (NASDAQ:NDAQ) operates as a technology company that serves capital markets and other industries. On August 21, 2026, Nasdaq, Inc. (NASDAQ:NDAQ) closed at $98.22 per share. One-month return of Nasdaq, Inc. (NASDAQ:NDAQ) was 4.56% and its shares gained 4.13% over the past 52 weeks. Nasdaq, Inc. (NASDAQ:NDAQ) has a market capitalization of $54.9 billion.
Guinness Global Innovators Fund stated the following regarding Nasdaq, Inc. (NASDAQ:NDAQ) in its Q2 2026 investor letter:
"Nasdaq, Inc. (NASDAQ:NDAQ) is best understood not as a traditional exchange but as a global technology, data, and ******* ytics company that happens to own a major stock exchange, a positioning it has deliberately built since its 2017 strategic pivot away from transaction-driven revenue towards higher-growth, higher-margin software and ******* ytics. Nasdaq's business is diversified across three segments. Through its Financial Technology segment, the firm is strategically positioned to benefit from a structural rise in compliance and transparency requirements as regulators demand more granular and frequent reporting from banks globally. This segment also houses Calypso, a trading and risk-management platform whose demand is underpinned by the growing complexity of trading, collateral, and risk requirements at large financial institutions. The Capital Access Platforms segment includes listing fees, market data subscriptions and index licensing on products such as the Nasdaq-100. Lastly, its exchange business, although originally the direct driver of the business, has become more of an enabler for other business segments, as trading activity generates proprietary pricing data that the company repackages and monetises, while providing the

Galaxy Digital Inc. (NASDAQ: $GLXY) has launched a crypto-backed portfolio line of credit on GalaxyOne, giving eligible U.S. clients a way to borrow against Bitcoin (CRYPTO: $BTC), Ethereum (CRYPTO: $ETH) and Solana (CRYPTO: $SOL) without selling their holdings.
The revolving credit line combines eligible BTC ,ETH and SOL under one facility rather than requiring a separate loan for each ****** et. Staked SOL can also be used as collateral without unstaking, allowing clients to continue earning applicable staking rewards while accessing liquidity.
GalaxyOne is offering the product with no origination fee and a variable 8.99% annual percentage rate. Lines begin at a 50% loan-to-value ratio, with interest-only monthly payments and funding typically available instantly in either U.S. dollars or USDC (CRYPTO: $USDC).
More From Cryptoprowl:
Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins

#clients

Today, Galaxy unveiled a revolving line of credit on its retail app GalaxyOne, letting eligible U.S. clients borrow cash against BTC, ETH, and staked SOL for liquidity without selling.
The terms: The multi-asset line carries no origination fee, an 8.99% variable APR, and a 50% loan-to-value ceiling, with staked SOL continuing to earn rewards while pledged.
The pitch: Galaxy says pledged collateral isn't rehypothecated and draws typically land in USD or USDC almost instantly, framing the product as steadier than pure DeFi borrowing rails.
The fit: It's the newest build-out of GalaxyOne, the superapp Galaxy launched in October 2025 that already bundles high-yield cash, staking, and commission-free stock trading.

#cash

Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral.
A cash-out refinance replaces your existing mortgage at today's rate, while home equity loans and HELOCs involve taking on a separate debt that leaves your current mortgage rate untouched.
With all three, the amount you can borrow will depend on the amount of equity (ownership stake) you have in your home.
If you bought or refinanced between 2020 and 2022 and locked in a primary mortgage rate below where rates sit today, a HELOC or home equity loan can protect that low rate. If your rate is at or above today's average, a cash-out refinance may actually improve your terms.
Homeowners are sitting on a record $18 trillion in home equity, but which option makes sense — and at what rate — depends on one thing: whether your current mortgage rate is better or worse than what's available today. "Choosing between a home equity loan, HELOC or cash-out refinance isn't a one-size-fits-all decision," says Tim Choate, founder and CEO of Red Awning, a platform for short-term vacation rental owners and property managers. "Each option has unique characteristics that align with different financial needs, risk profiles, and flexibility requirements."

#mortgage

Guinness Global Innovators, an investment management company, recently released its Q2 2026 quarterly investor update for its "Guinness Global Innovators Fund". You can download the letter here. The Guinness Global Innovators Fund focuses on investing in global companies that benefit from innovation in technology, communication, globalization, and management strategies. In the second quarter of 2026, the Guinness Global Innovators Fund returned 13.8% in GBP, compared with 13.0% for the MSCI World Index and 13.1% for the IA Global sector average. Easing Middle East tensions, falling oil prices, and renewed enthusiasm for artificial intelligence helped reverse much of the caution seen earlier in the year, with investors rotating back toward growth stocks and AI infrastructure beneficiaries. The Fund benefited from its overweight position in the Information Technology sector, while its overweight position in Communication Services detracted. Avoiding weaker Utilities, Materials, and Energy also supported relative performance. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, Guinness Global Innovators Fund highlighted Nasdaq, Inc. (NASDAQ:NDAQ) as a new holding. Nasdaq, Inc. (NASDAQ:NDAQ) operates as a technology company that serves capital markets and other industries. On August 21, 2026, Nasdaq, Inc. (NASDAQ:NDAQ) closed at $98.22 per share. One-month return of Nasdaq, Inc. (NASDAQ:NDAQ) was 4.56% and its shares gained 4.13% over the past 52 weeks. Nasdaq, Inc. (NASDAQ:NDAQ) has a market capitalization of $54.9 billion.
Guinness Global Innovators Fund stated the following regarding Nasdaq, Inc. (NASDAQ:NDAQ) in its Q2 2026 investor letter:
"Nasdaq, Inc. (NASDAQ:NDAQ) is best understood not as a traditional exchange but as a global technology, data, and ****** ytics company that happens to own a major stock exchange, a positioning it has deliberately built since its 2017 strategic pivot away from transaction-driven revenue towards higher-growth, higher-margin software and ****** ytics. Nasdaq's business is diversified across three segments. Through its Financial Technology segment, the firm is strategically positioned to benefit from a structural rise in compliance and transparency requirements as regulators demand more granular and frequent reporting from banks globally. This segment also houses Calypso, a trading and risk-management platform whose demand is underpinned by the growing complexity of trading, collateral, and risk requirements at large financial institutions. The Capital Access Platforms segment includes listing fees, market data subscriptions and index licensing on products such as the Nasdaq-100. Lastly, its exchange business, although originally the direct driver of the business, has become more of an enabler for other business segments, as trading activity generates proprietary pricing data that the company repackages and monetises, while providing the f

JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon is very clearly telling investors that they need to start worrying. In his company's second-quarter earnings release, he highlighted geopolitical tensions, inflation, fiscal deficits, and elevated ****** et prices as areas of concern. And, in an interview with CNBC, he noted that margin debt is at an all-time high. That last one could lead to a downward spiral that breaks the bull market. Here's what you need to know.
What's interesting in the list of concerns Jamie Dimon outlined in his company's second-quarter earnings is that ****** et prices are elevated despite the other negatives. Now, there is an old saying on Wall Street that the market climbs a wall of worry, so perhaps you could dismiss this situation. But when you add in record levels of margin debt to the equation, the story takes a very different turn.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Margin debt is a loan from a broker that is backed by an investor's portfolio. While the loan can be used for any purpose the investor would like (buying a car, for example), most use the money to buy additional investments. The loan risk isn't significant because it is backed by the portfolio. However, the broker will require the investor to maintain a certain amount of collateral to keep the loan open. This is where things get interesting.
Modest margin debt is unlikely to be a big issue. But if an investor uses margin loans aggressively, even a modest decline in stock prices could leave them with too little collateral. That would trigger a margin call, in which the broker demands additional collateral. The investor could just add cash to the account, but in most situations, the solution is to sell stocks. (If the investor doesn't provide additional collateral quickly enough, the broker will step in and sell stocks from the account.)

#investor #broker #prices #additional

Bitcoin functions as a genuine cheat code for retiring without ever selling, according to **** yst and entrepreneur Mark Moss, who laid out that thesis in a recent Coin Stories podcast interview.
His central thesis runs counter to conventional wisdom. The goal should never be to sell Bitcoin to fund a lifestyle, but to stay in the owner column rather than the consumer column.
Under the debt-based monetary system in place since 1971, money enters circulation through credit, and credit requires collateral. Owning even $1 of Bitcoin makes someone an owner who can borrow against it.
Selling, by contrast, triggers tax events, eliminates that collateral, and converts a long-term **** et into short-term spending. He also challenges traditional retirement thinking.
The goal should not be freedom from work, he argues, but freedom to work on whatever someone actually chooses.

#column #collateral

ETFs used to track markets. Now they're engineering outcomes.
That can mean stacking more exposure into each dollar, turning market moves into income, cushioning losses, or magnifying a bet.
Take the WisdomTree US Efficient Core Fund (NTSX). It allocates roughly 90% of its ******* ets to US stocks, using Treasury futures to add another 60% of bond exposure.
In effect, every $100 invested provides about $150 of market exposure — $90 in stocks and $60 in Treasurys.
The trick is that futures don't require the fund to put up the full value of the bonds. A smaller amount can serve as collateral, leaving most of the money available for stocks.

#stocks #market #futures #wisdomtree

The price of bitcoin early Thursday bolted to a two-month high above $71,000, driving crypto stocks higher. The Treasury Department's Wednesday announcement regarding long-term bond buybacks appeared to spark the rally, further fueled by a massive wave of short liquidations and the Trump administration's commitment to passing crypto regulations.
The Commodities Futures Trading Commission today hosts its first Innovation Advisory Committee meeting.
The price of bitcoin by Thursday morning vaulted to near $72,200, soaring almost 12% over the prior 24 hours to its highest price since the end of May, according to CoinMarketCap data. Bitcoin on Wednesday spiked above $68,000 after the Treasury Department announced plans to double the size of its long-term bond buybacks, which prompted a drop in Treasury yields and the U.S. dollar.
The price of bitcoin traded around $65,000 early Wednesday prior to the announcement.
"This matters for bitcoin because lower yields, a potentially weak dollar and improving financial conditions should encourage capital to rotate toward scarce, global liquid **** ets. It also strengthens bitcoin's appeal as an independent store of value at a time of rising government debt and greater official intervention in the markets," Joel Kruger, market strategist at LMAX Group said. "Lower yields and reduced bond-market volatility support crypto collateral values, lending activity, stablecoin liquidity and demand for onchain (on the blockchain) yield."

#Bitcoin #price #treasury #yields

Corinthians and Rosario Central go head-to-head at Neo Química Arena (Arena Corinthians) this Friday in the Copa Libertadores.
In their last encounter, Corinthians were beaten 1-2 by Cruzeiro (Brasileirão Série A 2026). In their last match, Rosario Central prevailed 0-1 against Barracas Central (Torneo Clausura 2026).
The last meeting between the two teams ended in a 0-0 draw.
Kayke Ferrari - Collateral Ligament Tear
Vitinho - Adductor Pain

#central #rosario #Friday #libertadores

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You know what they say: CLOs one door, and another opens.
One of the fastest-growing areas of the ETF industry is in collateralized loan obligations, strategies that hold below-investment-grade, floating-rate loans with varied levels of income and risk. Janus Henderson's CLO ETF (JAAA), the largest fund in this category, recently surpassed $30 billion in AUM, according to the company. The milestone is the latest indicator of these funds' ongoing popularity, but it's not alone. In June, Pacer ETFs and Barings launched two funds focusing on CLOs and secured credit, and earlier this year, Fidelity brought two new active strategies to market. "With the growth of the CLO market and the way the ETFs trade, they're able to take active strategies into the CLO ****** e, which is kind of a whole new area for the wealth market," Greg Stumm, CEO of American Beacon Partners, told ETF Upside in June.
Sign up for The Daily Upside at no cost for premium ****** ysis on all your favorite stocks.
READ ALSO: Leveraged ETF Craze Turns Its Sights to Other Funds and The ETF Searching for Alpha Without the Male

#sign #daily #clos #active

Baseball pitching great Tommy John died at his Florida home on Saturday night. He was 83.
Unfortunately for many, remembering his game takes a backseat to the fact that his name is commonly ***** ociated with one of the sport's most common surgeries.
The four-time MLB All-Star with a career ERA of just 3.34 was 31 in 1974 when he tore the ulnar collateral ligament in his left elbow. Los Angeles Dodgers team physician Dr. Frank Jobe replaced the ligament with a tendon from the forearm in his non-pitching arm.
Long story short, he pitched for 14 more years and his name — is ***** ociated with the procedure — Tommy John surgery — now so widely ***** ociated with baseball that it churned up numbers like the ones Albuquerque Isotopes broadcaster and baseball journalist/historian Josh Suchon shared on his Substack page on Monday.
In the essay Suchon wrote — "When did people start calling it Tommy John surgery?" — he noted a rather interesting, albeit unplanned, tribute of sorts to John by the Isotopes in their game Sunday, the day his passing was announced.

#game

Full lineups not yet available. Particularly Boston's.
The Arizona Diamondbacks made the following roster moves. The D-backs' 40-man roster remains at 40.
Reinstated from the 60-day injured list: RHP Justin Martinez (sprained right ulnar collateral ligament)
Reinstated from the 10-day injured list: OF Jordan Lawlar (strained right hamstring)
Optioned to Triple-A Reno following yesterday's game: RHP Gerardo Carrillo + INF Tyler Locklear

#reinstated #roster #injured #arizona