US President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks. Ibogaine is banned under the federal government’s most restrictive category for illegal, high-risk drugs. But the administration is taking steps to ...
US President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks. Ibogaine is banned under the federal government’s most restrictive category for illegal, high-risk drugs. But the administration is taking steps to ease access to psychedelics that Trump said were already designated as potential breakthroughs by...
Investigative journalist and Puck founding partner William D. Cohan and Quest Research and Investigations co-founder Tyler Maroney join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss 'Finding Satoshi', a new documentary that chronicles their four-year investigation into the origins of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, whose identity remains secret. (Sour...
Investigative journalist and Puck founding partner William D. Cohan and Quest Research and Investigations co-founder Tyler Maroney join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss 'Finding Satoshi', a new documentary that chronicles their four-year investigation into the origins of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, whose identity remains secret. (Source: Bloomberg)
Julie Rubinstein, President and COO of Adaptive Biotechnologies Corporation (NASDAQ:ADPT) , reported the direct sale of 57,180 shares of Common Stock in a series of open-market transactions between April 14 and April 16, 2026, with shares sold at a weighted average price of around $14.45 per share, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase...
Julie Rubinstein, President and COO of Adaptive Biotechnologies Corporation (NASDAQ:ADPT) , reported the direct sale of 57,180 shares of Common Stock in a series of open-market transactions between April 14 and April 16, 2026, with shares sold at a weighted average price of around $14.45 per share, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($14.45); post-transaction value based on April 16, 2026, market close ($14.08). * 1-year price change calculated as of market close April 16, 2026. Continue reading
IRGC reportedly fires on tanker as it tries to pass through strait during brief window when shipping lane had reopened • Middle East crisis – live updates Iranian officials say they have reversed the reopening of the strait of Hormuz and reimposed restrictions on the vital shipping lane after the US said it would not end its blockade of Iranian ports. A UK maritime agency reported that Islamic Rev...
IRGC reportedly fires on tanker as it tries to pass through strait during brief window when shipping lane had reopened • Middle East crisis – live updates Iranian officials say they have reversed the reopening of the strait of Hormuz and reimposed restrictions on the vital shipping lane after the US said it would not end its blockade of Iranian ports. A UK maritime agency reported that Islamic Revolutionary Guard Corps (IRGC) ships had fired at a tanker as it attempted to pass through the strait on Saturday. Reuters reported an Indian-flagged vessel carrying crude oil had also been attacked while in the waterway. Continue reading...
Key PointsCEO Jorge Santos da Silva sold 150,000 shares for a transaction value of approximately ~$2.75 million, based on a weighted average sale price of $18.35 per share.
Key PointsCEO Jorge Santos da Silva sold 150,000 shares for a transaction value of approximately ~$2.75 million, based on a weighted average sale price of $18.35 per share.
The Vanguard Mega Cap Growth ETF (NYSEMKT:MGK) and iShares Russell 2000 Growth ETF (NYSEMKT:IWO) differ sharply on cost, sector exposure, and risk profile, with MGK targeting the largest U.S. growth stocks and IWO offering access to a sprawling basket of small-cap growth companies. Both funds aim to capture U.S. growth equities, but their approaches and underlying portfolios are worlds apart. This...
The Vanguard Mega Cap Growth ETF (NYSEMKT:MGK) and iShares Russell 2000 Growth ETF (NYSEMKT:IWO) differ sharply on cost, sector exposure, and risk profile, with MGK targeting the largest U.S. growth stocks and IWO offering access to a sprawling basket of small-cap growth companies. Both funds aim to capture U.S. growth equities, but their approaches and underlying portfolios are worlds apart. This comparison lays out how MGK’s mega-cap tech concentration stacks up against IWO’s broad small-cap exposure, helping investors weigh cost, performance, diversification, and volatility. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Continue reading
JasonDoiy/iStock Unreleased via Getty Images Investment Summary Roblox Corporation (NYSE: RBLX ) is one of the up-and-coming gaming platforms for users of all ages. While still in its early developmental phase in exploring different gaming categories for expansion, RBLX is positioned to capture a significant portion of the market share based on its unique platform moat. I believe that while RBLX's...
JasonDoiy/iStock Unreleased via Getty Images Investment Summary Roblox Corporation (NYSE: RBLX ) is one of the up-and-coming gaming platforms for users of all ages. While still in its early developmental phase in exploring different gaming categories for expansion, RBLX is positioned to capture a significant portion of the market share based on its unique platform moat. I believe that while RBLX's share price has fallen over the past few months as investor sentiments weaken on the safety of their platform, this is more of a temporary fall and RBLX represents a long-term investment opportunity driven by their market penetration plans and growing user base. Business Overview Roblox was founded in 2004 and headquartered in California, United States. Their core operations focus on providing users with access to a vast library of creator-generated games and digital experiences. Anyone under the age of 23 would have definitely heard of RBLX as it is one of the most popular games of its time. Business Model RBLX operates on a 3-sided flywheel. Users spend real-life money in exchange for Robux (in-game currency), Robux is then used to purchase in-game items. RBLX will capture a portion of each transaction of Robux before passing down the earnings back to game creators. RBLX does not pay creators for making games. Instead, RBLX incentivizes creators to do so through the creator rewards program and the developer exchange program, where creators are rewarded for creating games that capture users' retention, engagement, and purchases. This has been successful for RBLX, as is evident from their library of over 14 million game experiences. Competitive moat What differentiates RBLX from other traditional gaming companies also lies in the scale of its content ecosystem. To put into perspective as to how big their game portfolio is: Steam, one of the largest game distribution platforms, has only around 130,000 games. Fortnite, a game similar to Roblox with its creator driven content...
jetcityimage In this week's earnings recap, 21 companies from the S&P 500 Financial Select Sector SPDR ETF ( XLF ) reported their quarterly results. In Q1, the XLF declined 10.12% , underperforming the broader market, as the SPDR S&P 500 ETF Trust ( SPY) fell 4.81% . However, the trend has improved QTD, with XLF gaining 5.39% , though it's still lagging SPY’s stronger rebound of 7.08% . Earnings R...
jetcityimage In this week's earnings recap, 21 companies from the S&P 500 Financial Select Sector SPDR ETF ( XLF ) reported their quarterly results. In Q1, the XLF declined 10.12% , underperforming the broader market, as the SPDR S&P 500 ETF Trust ( SPY) fell 4.81% . However, the trend has improved QTD, with XLF gaining 5.39% , though it's still lagging SPY’s stronger rebound of 7.08% . Earnings Recap: Out of the 21 financial companies that reported results this week, 19 companies delivered an earnings beat, while 1 trailed estimates and 1 came in in line with estimates. On the other hand, based on the revenue, performance was more mixed. 15 companies beat revenue estimates, while 6 companies fell short of estimates. This structure clearly indicates that profitability remains strong, while top-line growth is uneven across the sector. On a year-over-year basis, all 21 companies reported earnings and revenue growth, Below are the latest reports from five companies that reported their results: JPMorgan Chase ( JPM ) delivered strong Q1 results with both earnings and revenue beating estimates, supported by solid performance across its banking operations. Citigroup ( C ) Q1 earnings and revenue beat consensus estimates, showing strength in its core banking business. Bank of America ( BAC ) posted better-than-expected earnings and revenue, continuing to benefit from steady banking activity. Wells Fargo ( WFC ) Q1 earnings beat estimates but missed on revenue , reflecting some pressure on its top line. BlackRock's ( BLK ) Q1 earnings and revenue also beat estimates, supported by asset management performance . Meanwhile, Fifth Third Bancorp ( FITB) reported an in-line earnings result and missed on revenue, making it the only company not to surpass profit expectations. At the industry level, 12 banks, 6 capital markets firms, and 3 insurance companies reported earnings this week. Overall, the improving QTD performance of both Financial Select Sector SPDR ETF ( XLF ) and SPDR...
Nurphoto | Nurphoto | Getty Images Many Americans are turning to artificial intelligence for financial advice. But getting good or bad advice depends a lot on how well users write their instructions — or prompts — to AI platforms. "I think that there's a real art and science to prompt engineering," Andrew Lo, director of MIT's Laboratory for Financial Engineering and principal investigator at its ...
Nurphoto | Nurphoto | Getty Images Many Americans are turning to artificial intelligence for financial advice. But getting good or bad advice depends a lot on how well users write their instructions — or prompts — to AI platforms. "I think that there's a real art and science to prompt engineering," Andrew Lo, director of MIT's Laboratory for Financial Engineering and principal investigator at its Computer Science and Artificial Intelligence Lab, said in a recent web presentation for Harvard University's Griffin Graduate School of Arts and Sciences. The limitations of AI for personal finance Firstly, it's important to note that AI has limitations when it comes to financial planning, experts said. AI is generally good at providing high-level overviews of financial topics: For example, why it's important to diversify investments, or why exchange-traded funds may be better than mutual funds in some cases but not others, Lo told CNBC in an interview. However, it struggles in other areas. Tax planning is a good example, Lo said. Perhaps counterintuitively, AI isn't great at crunching numbers and doing precise financial calculations, he said. While AI can provide general guidance on the types of tax deductions or tax rules people might consider, asking AI to do a numerical analysis of their own taxes is risky, he said. "When it comes to very, very specific calculations of your own personal situation, that's where you have to be very, very careful," Lo said. AI can also sometimes provide wrong answers due to so-called "hallucination" of the algorithm, Lo said. "One of the things about [large language models] that I find particularly concerning is that no matter what you ask it, it'll always come back with an answer that sounds authoritative, even if it's not," Lo said. Read more CNBC personal finance coverage Average tax refund is 11.2% higher, latest IRS filing data shows Bessent says to adjust paycheck withholdings, but mistakes may trigger a tax bill Why the stock market...
We Are/DigitalVision via Getty Images Co-authored with Beyond Saving We live in a world that is full of information overload. Information is flying across the internet, and not all of it is true. Michael J. Fox died and lived to tell about it . It reminds me of a co-worker I had at my first job who read the obituaries in the newspaper every morning, joking that if she wasn't in them, it must be a ...
We Are/DigitalVision via Getty Images Co-authored with Beyond Saving We live in a world that is full of information overload. Information is flying across the internet, and not all of it is true. Michael J. Fox died and lived to tell about it . It reminds me of a co-worker I had at my first job who read the obituaries in the newspaper every morning, joking that if she wasn't in them, it must be a good day – even well-known news sources aren't immune from reporting things that are blatantly false. This creates a paradox where we have unprecedented access to information to discover the truth, but the great prevalence of information also serves to spread untruths. Many investors react to the news cycle. They get news, and the first thing they do about it is decide what to buy or sell based on it. As a result, we see the market moving up and down in response to tweets, rumors, and sometimes false reports. My strategy is different. I'm not investing in any stock because a news report said something. Instead, I buy investments that I believe have good long-term prospects that I'm happy to hold through a variety of economic environments. So when the market swings and investors are worried about the news of the day, I have go-to investments that I buy when the price comes down – building my income into a solid fortress that will defend my portfolio regardless of what the news reports tomorrow. Today, let's take a look at two of my "go-to" investments that defend my portfolio. Pick #1: NLY – Yield 12.5% Annaly Capital Management, Inc. ( NLY ) is a mortgage REIT that focuses on agency MBS. While NLY does diversify into non-agency MBS and MSRs (Mortgage Servicing Rights), agency MBS is overwhelmingly the largest driver of results. This is both because it is their largest allocation of capital, and because agency MBS is typically far more leveraged than other investments. NLY has grown its agency MBS portfolio from $67.4 billion in 2024 to $89.6 billion at the end of 2025: Sour...
The Architecture Of Abundance: How Bitcoin Reveals The Truth Of Time And Technology Authored by Sylvain Saurel via 'In Bitcoin We Trust' Substack, How escaping the fiat illusion and holding the world's hardest money turns the relentless march of technology into unprecedented purchasing power. Look closely at the image below: On the left, two standard Papa John’s pizzas, purchased in 2010 for the s...
The Architecture Of Abundance: How Bitcoin Reveals The Truth Of Time And Technology Authored by Sylvain Saurel via 'In Bitcoin We Trust' Substack, How escaping the fiat illusion and holding the world's hardest money turns the relentless march of technology into unprecedented purchasing power. Look closely at the image below: On the left, two standard Papa John’s pizzas, purchased in 2010 for the seemingly arbitrary sum of 10,000 Bitcoin. On the right, a colossal supertanker cutting through the ocean, a leviathan of modern engineering carrying millions of barrels of crude oil - the literal lifeblood of the global industrial economy. Today, a mere 26 Bitcoin commands this staggering vessel of kinetic energy. If we run the mathematics of this evolution, the implications are paradigm-shattering. In a span of roughly a decade and a half, the purchasing power of that original 10,000 Bitcoins has metamorphosed from two boxes of delivered fast food into the equivalent of 384 supertankers of oil . This image is not merely a meme or a historical curiosity; it is the most perfect, succinct encapsulation of what Bitcoin actually is. It is a visual representation of economic truth. Y et, when the world discusses Bitcoin, the conversation is almost universally dominated by the chaotic noise of short-term price action. Pundits obsess over hourly charts, quarterly earnings, regulatory whispers, and the cyclical volatility of a nascent asset finding its sea legs. But zooming out to observe the macroeconomic horizon across sixteen years reveals a profound narrative about time, technology, and the very nature of human energy. To understand Bitcoin, we must stop looking at what it does in a week and start looking at what it does across an epoch. We must understand why patience is the ultimate economic virtue, why technology demands abundance, and why our current fiat money system is fundamentally designed to steal that abundance from us. The Tyranny of the Short-Term and the Power of 2...
One of the hottest asset classes in the last decade is cryptocurrency. While crypto offers significant potential, it also poses a difficult question: Which coin should you buy? There are thousands of tokens, with new projects emerging continuously. Even well-known names like Bitcoin and Ethereum can see their prices move unpredictably. For many investors, that complexity becomes a massive barrier....
One of the hottest asset classes in the last decade is cryptocurrency. While crypto offers significant potential, it also poses a difficult question: Which coin should you buy? There are thousands of tokens, with new projects emerging continuously. Even well-known names like Bitcoin and Ethereum can see their prices move unpredictably. For many investors, that complexity becomes a massive barrier. But there's another way to approach the space, one that doesn't require picking individual winners. That's where Coinbase Global (NASDAQ: COIN) , the crypto exchange, comes in. Continue reading
Key PointsVistra, a major independent power producer in the U.S., has seen its stock soar 324% since the start of 2024 due to rising electricity demand from data centers.
Key PointsVistra, a major independent power producer in the U.S., has seen its stock soar 324% since the start of 2024 due to rising electricity demand from data centers.
Scotland 7-84 England Red Roses in unstoppable mood at Murrayfield The fortress walls of Murrayfield were finally at Scotland women’s disposal for their first standalone game at the stadium but England rocked its foundations with a statement performance where fans were left questioning if the world champions had injury issues at all. The 30,498 crowd was a record attendance for a women’s solo spor...
Scotland 7-84 England Red Roses in unstoppable mood at Murrayfield The fortress walls of Murrayfield were finally at Scotland women’s disposal for their first standalone game at the stadium but England rocked its foundations with a statement performance where fans were left questioning if the world champions had injury issues at all. The 30,498 crowd was a record attendance for a women’s solo sporting event in Scotland and they were largely silenced. Scotland were sloppy, conceding the most points against England since 2011 and they will have to be sharper when they face Italy in the next round. Continue reading...
Former Deputy Assistant Secretary of State for Iraq and Iran under President Trump, Andrew Peek and Former Acting Principal Deputy Assistant Secretary for the Bureau of Near Eastern Affairs under President Biden, Jennifer Gavito join David Gura and Christina Ruffini on Bloomberg This Weekend as Iran reimposed restrictions on vessel traffic through the Strait of Hormuz and Israel attacked targets i...
Former Deputy Assistant Secretary of State for Iraq and Iran under President Trump, Andrew Peek and Former Acting Principal Deputy Assistant Secretary for the Bureau of Near Eastern Affairs under President Biden, Jennifer Gavito join David Gura and Christina Ruffini on Bloomberg This Weekend as Iran reimposed restrictions on vessel traffic through the Strait of Hormuz and Israel attacked targets in Lebanon, undermining expectations of an imminent peace deal touted by US President Donald Trump Saturday morning. (Source: Bloomberg)