Nu Holdings (NYSE:NU) has appointed former Amazon executive Diego Piacentini to its board of directors. The company is advancing its U.S. banking approval process as part of a broader global expansion plan. These developments reflect Nu's efforts to expand beyond its core Latin American markets into the U.S. Nu Holdings, known for its digital banking and financial services focus in Latin America, ...
Nu Holdings (NYSE:NU) has appointed former Amazon executive Diego Piacentini to its board of directors. The company is advancing its U.S. banking approval process as part of a broader global expansion plan. These developments reflect Nu's efforts to expand beyond its core Latin American markets into the U.S. Nu Holdings, known for its digital banking and financial services focus in Latin America, is moving further into the global fintech arena with these latest steps. The appointment of...
The world's largest exchange-traded fund, SPDR S&P 500 Trust ( SPY ), saw outflows of $4.93B for the week ending April 3, while its price increased by 3.78%. iShares Silver Trust ETF ( SLV ) recorded outflows totaling $302.59M, while its price increased by 3.57% during the week. On the other hand, the Gold SPDR Gold Shares ETF ( GLD ) recorded inflows totaling $220.23M last week while GLD prices r...
The world's largest exchange-traded fund, SPDR S&P 500 Trust ( SPY ), saw outflows of $4.93B for the week ending April 3, while its price increased by 3.78%. iShares Silver Trust ETF ( SLV ) recorded outflows totaling $302.59M, while its price increased by 3.57% during the week. On the other hand, the Gold SPDR Gold Shares ETF ( GLD ) recorded inflows totaling $220.23M last week while GLD prices rose 3.58% during the week. iShares Bitcoin Trust ETF ( IBIT ) saw an outflow of $182.10M last week, while Bitcoin ( BTC-USD ) price slipped 1.36% during the same period. Last week’s inflows/outflows The 11 S&P 500 sector tracking ETFs collectively recorded inflows of about $106.57M last week, according to data from etfdb.com. The top sector inflows were led by the Energy Select Sector SPDR Fund ( XLE ), which recorded $470.24M, followed by the Technology Select Sector SPDR Fund ( XLK ) with $268.97M and the Materials Select Sector SPDR Fund ( XLB ) at $262.06M. On the other hand, the largest outflows were seen in the Consumer Discretionary Select Sector SPDR Fund ( XLY ), totaling $583.03M, followed by the Consumer Staples Select Sector SPDR Fund ( XLP ) with $248.83M in outflows, and the Communication Services Select Sector SPDR Fund ( XLC ), which recorded $171.22M in outflows. Five of the 11 sectors recorded outflows in the last week. Breakdown of S&P 500 sector fund flows: Name of fund Ticker Inflows Energy Select Sector SPDR Fund ( XLE ) $470.24M Technology Select Sector SPDR Fund ( XLK ) $268.97M Materials Select Sector SPDR Fund ( XLB ) $262.06M Financial Select Sector SPDR Fund ( XLF ) $97.12M Utilities Select Sector SPDR Fund ( XLU ) $21.23M Real Estate Select Sector SPDR Fund ( XLRE ) $10.65M Health Care Select Sector SPDR Fund ( XLV ) ($0.41M) Industrial Select Sector SPDR Fund ( XLI ) ($20.21M) Communication Services Select Sector SPDR Fund ( XLC ) ($171.22M) Consumer Staples Select Sector SPDR Fund ( XLP ) ($248.83M) Consumer Discretionary Select Sector SPDR Fu...
Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) shares has risen 5.6% by Tuesday afternoon following the announcement of key supply agreements with Google and Anthropic as investors cheered the chipmaker’s expanding role in the AI accelerator market. Under the agreements, Broadcom will serve as a...
Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) shares has risen 5.6% by Tuesday afternoon following the announcement of key supply agreements with Google and Anthropic as investors cheered the chipmaker’s expanding role in the AI accelerator market. Under the agreements, Broadcom will serve as a...
Is China picking back up the open source AI baton? Z.ai, also known as Zhupai AI, a Chinese AI startup best known for its powerful, open source GLM family of models, has unveiled GLM-5.1 today under a permissive MIT License , allowing for enterprises to download, customize and use it for commercial purposes. They can do so on Hugging Face . This follows its release of GLM-5 Turbo, a faster version...
Is China picking back up the open source AI baton? Z.ai, also known as Zhupai AI, a Chinese AI startup best known for its powerful, open source GLM family of models, has unveiled GLM-5.1 today under a permissive MIT License , allowing for enterprises to download, customize and use it for commercial purposes. They can do so on Hugging Face . This follows its release of GLM-5 Turbo, a faster version , under only proprietary license last month. The new GLM-5.1 is designed to work autonomously for up to eight hours on a single task, marking a definitive shift from vibe coding to agentic engineering. The release represents a pivotal moment in the evolution of artificial intelligence. While competitors have focused on increasing reasoning tokens for better logic, Z.ai is optimizing for productive horizons. GLM-5.1 is a 754-billion parameter Mixture-of-Experts model engineered to maintain goal alignment over extended execution traces that span thousands of tool calls. "agents could do about 20 steps by the end of last year," wrote z.ai leader Lou on X . "glm-5.1 can do 1,700 rn. autonomous work time may be the most important curve after scaling laws. glm-5.1 will be the first point on that curve that the open-source community can verify with their own hands. hope y'all like it^^" In a market increasingly crowded with fast models, Z.ai is betting on the marathon runner. The company, which listed on the Hong Kong Stock Exchange in early 2026 with a market capitalization of $52.83 billion, is using this release to cement its position as the leading independent developer of large language models in the region. Technology: the staircase pattern of optimization GLM-5.1s core technological breakthrough isn't just its scale, though its 754 billion parameters and 202,752 token context window are formidable, but its ability to avoid the plateau effect seen in previous models. In traditional agentic workflows, a model typically applies a few familiar techniques for quick initial gain...
- President Donald Trump threatened Iran with civilizational destruction as the US attacked military targets on the country’s key oil export hub, ramping up pressure on Tehran to reopen the Strait of Hormuz by his Tuesday deadline or face massive strikes on critical infrastructure. Iran halted participation in ceasefire talks in response to Trump’s social media post, according to a person familiar...
- President Donald Trump threatened Iran with civilizational destruction as the US attacked military targets on the country’s key oil export hub, ramping up pressure on Tehran to reopen the Strait of Hormuz by his Tuesday deadline or face massive strikes on critical infrastructure. Iran halted participation in ceasefire talks in response to Trump’s social media post, according to a person familiar with the matter who asked not to be identified discussing private deliberations. Those discussions have been conducted through third-party channels. Mediators were scrambling to resuscitate negotiations ahead of the deadline, the person said. Jen Gavito, Senior Advisor with the Cohen Group/Former-Acting Principal Deputy Assistant Secretary of State for Near Eastern Affairs under President Biden joins Balance of Power to discuss. (Source: Bloomberg)
On April 2, 2026, MoonLake Immunotherapeutics (NASDAQ:MLTX) BVF Partners L.P. reported the direct sale of 3,750,000 shares of Common Stock for a total consideration of approximately $62.96 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($16.79). * One-year price change calculated using April 2, 2026, as the reference date. Continue...
On April 2, 2026, MoonLake Immunotherapeutics (NASDAQ:MLTX) BVF Partners L.P. reported the direct sale of 3,750,000 shares of Common Stock for a total consideration of approximately $62.96 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($16.79). * One-year price change calculated using April 2, 2026, as the reference date. Continue reading
Surging oil prices due to the U.S.-Iran war have boosted energy stocks in 2026. Some investors are worried that the rally can't last. On CNBC's " Halftime Report ," traders said they were growing more cautious on the sector, which has jumped around 34% in 2026 and has advanced almost 8% since the start of the conflict in the Middle East. As investors await President Donald Trump's 8 p.m. ET Tuesda...
Surging oil prices due to the U.S.-Iran war have boosted energy stocks in 2026. Some investors are worried that the rally can't last. On CNBC's " Halftime Report ," traders said they were growing more cautious on the sector, which has jumped around 34% in 2026 and has advanced almost 8% since the start of the conflict in the Middle East. As investors await President Donald Trump's 8 p.m. ET Tuesday deadline for Iran to open the Strait of Hormuz, Joe Terranova said trimming some exposure to energy stocks might make sense, particularly if the deadline leads to an end of the war and a sharp rally higher in equities. "What's in front of us is the possibility that if you get that good news, you are going to have a powerful rally," said the chief market strategist for Virtus Investment Partners. "What do you do with that? If you've had hedges in place — whether it be oil, or fertilizers, or defensive positioning — I think you pare that back at some point today." .GSPE YTD mountain .GSPE year-to-date chart. Meanwhile, Sarat Sethi noted that if the war goes on longer than anticipated, it could lower the earnings of energy companies as demand cools. "I think that's the right call, to start taking some money off energy at these levels because pretty much the right discount rate has been priced in there," the managing partner at Douglas C. Lane & Associates said. Stephanie Link, chief investment strategist at Hightower Advisors, sold her position in Chevron . While she believes it's a great company, she was happy with the roughly 32% gain on the stock in 2026 alone. She bought Marvell Technology and ServiceNow instead. "I just think that energy is overextended and I would encourage people to take some profits," she said. CVX YTD mountain CVX year-to-date chart.
Iuri Gagarin/iStock via Getty Images My highest conviction macro bet right now is on the ongoing de-dollarization trend. As a result, my favorite place to allocate capital is in real assets. My highest conviction bets in recent years have been gold ( GLD ), silver ( SLV ), mining stocks ( GDX ), and midstream infrastructure ( AMLP ). However, all of these sectors have performed quite well since I ...
Iuri Gagarin/iStock via Getty Images My highest conviction macro bet right now is on the ongoing de-dollarization trend. As a result, my favorite place to allocate capital is in real assets. My highest conviction bets in recent years have been gold ( GLD ), silver ( SLV ), mining stocks ( GDX ), and midstream infrastructure ( AMLP ). However, all of these sectors have performed quite well since I loaded up on them, leaving fewer bargains available in them for deploying fresh capital. The good news is that there still remain several real asset opportunities for deploying capital at bargain valuations. In this article, I'm going to detail two of some of the most attractive ones at the moment that also happen to pay attractive dividend yields. Why De-Dollarization Is Accelerating Before I get into the specific names, though, I first want to detail why I'm so bullish on the de-dollarization trend. First and foremost, the U.S. government is running massive, persistent fiscal deficits, and neither party appears to have the political will to meaningfully reverse them. Additionally, recent U.S. foreign policy, whether it be sanctions on Russia after it invaded Ukraine or even its recent trade policy and diplomatic negotiations with some of its leading trading partners, has shaken global confidence in the dollar reserve system and the U.S. as the reliable champion of free trade that it has traditionally been. Thus, many central banks are increasingly moving their reserves out of dollars and into alternatives. On top of that, China and Russia, along with several other nations, are actively trying to challenge dollar dominance in the settlement of international transactions, and China's rising military and economic might continues to put momentum behind this effort. I see little likelihood of reversing these trends for the foreseeable future, so I expect the de-dollarization trend to continue for years to come, making bets on quality real assets a likely winner over the long t...
Four youth sides picked could not be promoted Plans involve mid-season split and up to £1m investment Major structural changes to the Women’s National League, including four Women’s Super League academy sides entering tier three of the pyramid from 2027 and the introduction of a mid-season split similar to that used in Scotland, have been proposed by the Football Association, the Guardian can reve...
Four youth sides picked could not be promoted Plans involve mid-season split and up to £1m investment Major structural changes to the Women’s National League, including four Women’s Super League academy sides entering tier three of the pyramid from 2027 and the introduction of a mid-season split similar to that used in Scotland, have been proposed by the Football Association, the Guardian can reveal. The plans come alongside a potential investment package of about £1m, enhancements to legal and medical support in the loan system, and a hope of attracting more fans and media to the league. Continue reading...
A whistleblower will receive more than $50 million for providing “significant information” early in a Securities and Exchange Commission investigation that helped lead to an enforcement action. The award, announced in an order Tuesday, didn’t identify the whistleblower or name the firm that the tipster flagged to the regulator — in line with longstanding agency practice. The enforcement action rel...
A whistleblower will receive more than $50 million for providing “significant information” early in a Securities and Exchange Commission investigation that helped lead to an enforcement action. The award, announced in an order Tuesday, didn’t identify the whistleblower or name the firm that the tipster flagged to the regulator — in line with longstanding agency practice. The enforcement action related to a company misleading investors about the success of a unit within the firm. Executives within the firm also settled claims with the agency, according to the document, which is redacted in numerous places. The whistleblower “provided extensive ongoing assistance throughout the course of the investigation,” according to the order. The same document included details about more than half a dozen other tipsters whose claims the SEC denied. The SEC’s whistleblower program was created in the wake of the 2008 financial crisis under the landmark Dodd-Frank Wall Street Reform and Consumer Protection Act. Individuals who voluntarily give the agency original, timely and credible tips resulting in enforcement actions may be eligible for awards. Awards can range from 10% to 30% of money collected when sanctions exceed $1 million. The agency awarded more than $60 million to 48 individual whistleblowers in fiscal 2025, according to the SEC’s annual report . The 2025 reward total represents a more than 75% reduction compared to the $255 million it paid to tipsters the year before .