00:00 Speaker A the journal's reporting that the American rebellion against AI is gaining steam, they say. Uh, protests, blocked data centers, politicians running against the great AI project. What do you make of it? 00:15 Speaker B We've seen it even over the weekend, all these graduation speeches mentioning AI, mentioning the momentum behind AI, Google former Google CEO, Eric Schmidt, I believe ...
00:00 Speaker A the journal's reporting that the American rebellion against AI is gaining steam, they say. Uh, protests, blocked data centers, politicians running against the great AI project. What do you make of it? 00:15 Speaker B We've seen it even over the weekend, all these graduation speeches mentioning AI, mentioning the momentum behind AI, Google former Google CEO, Eric Schmidt, I believe saying in his speech, his commencement commencement speech that, you know, embrace AI, this is the new forefront, this is the new technology, really encouraging these new graduates to adopt this. And he got met with booze. 00:41 Speaker B I mean, this is sort of a broader landscape on how exactly everyone's sort of saying, hey, it's really important to adopt it, but at the same time, there's clearly a base here who is completely against it. and I think that's a hurdle that they'll have to get over here. 00:54 Speaker A I think a lot, I think a lot of it is electricity. I think it's a lot of people looking at their 00:57 Speaker B Oh, for the upcoming midterm elections, absolutely. 01:01 Speaker A Yeah, looking at their power bills. I do think there are such huge implications because the US leads the way in AI, but China wants to. So, if you were to give up that edge and you were to imagine a world where Beijing plays point on AI and we don't, wow, there's a lot of big ripple effects and dominoes. 01:21 Speaker B Right. And and keep in mind the video earnings are out tomorrow and we're expecting to hear maybe a little bit more color on, you know, what Jensen Wong's trip to Beijing with the president was like and what exactly he heard on the ground there. 01:34 Speaker A Well, Trump picked him up in Alaska on the way there, and that's when that's when the rumor started. Maybe there would be a big deal. Not so fast. 01:37 Speaker B Wasn't that insane? 01:40 Speaker B Because initially there was reports that he wasn't invited, but apparently he was and and and and um and when y...
AppLovin (NASDAQ: APP) has shifted from a mobile gaming story into a focused AI advertising platform built around Axon, self-service tools, and e-commerce expansion. The growth story looks powerful, but the stock already carries high expectations after a massive run. Stock prices used were the market prices of May 12, 2026. The video was published on May 18, 2026. Continue reading
AppLovin (NASDAQ: APP) has shifted from a mobile gaming story into a focused AI advertising platform built around Axon, self-service tools, and e-commerce expansion. The growth story looks powerful, but the stock already carries high expectations after a massive run. Stock prices used were the market prices of May 12, 2026. The video was published on May 18, 2026. Continue reading
The Federal Bureau of Investigation announced plans to buy nationwide access to a network of license plate readers, saying it will award contracts to one or more vendors that can offer "near real time" information from cameras across the US. The proposed contract is for the FBI Directorate of Intelligence. "To evaluate and manage threats to personal safety, property, and law enforcement, the FBI r...
The Federal Bureau of Investigation announced plans to buy nationwide access to a network of license plate readers, saying it will award contracts to one or more vendors that can offer "near real time" information from cameras across the US. The proposed contract is for the FBI Directorate of Intelligence. "To evaluate and manage threats to personal safety, property, and law enforcement, the FBI requires professional service firms that can provide License Plate Readers (LPRs) for tracking subjects on roads and highways over the US and its territories," the FBI said in a Request for Proposals (RFP) published on May 14. The FBI said the winning bidder or bidders "must provide law enforcement and/or commercial license plate reader data provided through the Contractor’s existing platform." The system must cover 75 percent of locations, the FBI said. The system must offer the ability to search for license plate information "and other descriptive data such as vehicle description information, time/date criteria, and geo-location criteria," the FBI said. "Additionally, the system must provide search result notifications. The Contractor system must have the ability to access and/or query cameras across the United States and its territories. The Contractor system must be capable of providing this data in near real time." Read full article Comments
Tottenham’s woes in this corner of London are well-established and well-documented. When they made this latest trip to Stamford Bridge, the statistics showed they had won just once since 1990 – a sequence of 40 matches in all competitions. Never mind. They needed only a draw to effectively ensure their Premier League survival, to send West Ham down and draw a veil over this most wretched of season...
Tottenham’s woes in this corner of London are well-established and well-documented. When they made this latest trip to Stamford Bridge, the statistics showed they had won just once since 1990 – a sequence of 40 matches in all competitions. Never mind. They needed only a draw to effectively ensure their Premier League survival, to send West Ham down and draw a veil over this most wretched of seasons. It was a night when the hope pulsed until the last. Chelsea led through goals from Enzo Fernández and Andrey Santos but Spurs rallied, Richarlison scoring on 74 minutes to set up the grandstand finale. Spurs threw everything at Chelsea, who needed a win to advance their claim on a Europa League berth. There were chances and there was drama; controversy, too. Micky van de Ven wanted a penalty when he was fouled inside the Chelsea area on a corner only the offence took place before the ball was in play. It was too little, too late from Spurs and their fate will now be decided on the final day on Sunday when they welcome Everton to their stadium, where they have the joint-worst home record in the division. They may still need a point to stay in it. The nightmare is not over. Spurs could not have imagined the bleakness to come for them at this venue when they won here in the old first division 36 years ago, Gary Lineker scoring the decisive goal for 2-1 in the 88th minute. De Zerbi did not run from the record; he addressed it with his players on Monday. It was not about history, he had said; rather showing up with spirit and energy. De Zerbi worked with a clutch of Chelsea players during his time at Brighton, although two of them – Levi Colwill and João Pedro – were not in the squad on this occasion. The other two were in from the off – Robert Sánchez and Moisés Caicedo – as Calum McFarlane reverted to a 4-2-3-1 system. The caretaker manager asked Fernández to work off the left wing and it was the Argentinian who made the breakthrough in the 18th minute. It was a clean hit f...
Current Price: 39.38 (Analysis was generated on Monday Morning) Direction: LONG Confidence level: 62%(Based on strong alignment across multiple professional traders with specific upside targets, partially offset by very light and cautious social discussion) Targets Target 1: 44.18 Target 2: 48.97 Stop Levels Stop 1: 34.70 Stop 2: 025 Wisdom of Professional Traders: This analysis pulls together the...
Current Price: 39.38 (Analysis was generated on Monday Morning) Direction: LONG Confidence level: 62%(Based on strong alignment across multiple professional traders with specific upside targets, partially offset by very light and cautious social discussion) Targets Target 1: 44.18 Target 2: 48.97 Stop Levels Stop 1: 34.70 Stop 2: 025 Wisdom of Professional Traders: This analysis pulls together the collective intelligence of professional traders who are actively tracking Small Caps ETF price action. When I stack all the trader commentary together, the short-term picture stands out clearly: several traders are warning that IWM is showing early weakness near the $250–$251 zone, with repeated failures to push cleanly higher. The wisdom of crowds matters here. Even though longer-term charts remain constructive, the near-term trader consensus is cautious to bearish, which carries more weight for a one-week trade. Key Insights: Here’s what’s driving this setup. First, professional traders repeatedly pointed to a completed accumulation phase following the April 2025 market shakeout. Intel’s rally of more than 120% off the lows wasn’t described as a blow‑off move; it was framed as the first leg of a larger trend. That matters because it changes how pullbacks are viewed: as opportunities, not warnings. Second, there’s a strong focus on clearly defined technical levels. Traders consistently mentioned $34.70 as the major line in the sand. Above that level, the prevailing view is that Intel remains structurally bullish. On the upside, the same traders repeatedly highlighted $44.18 and the $48–$50 zone as the next magnet areas, which gives us very usable reference points for a short‑term trade this week. Recent Performance: This trader optimism shows up clearly in the price action. Intel closed last week near $39.38, holding well above former resistance and consolidating after a strong multi‑month run. Instead of sharp selloffs, we’ve seen controlled pauses, which often happen be...
Meta (META) Is Spending Like Its Life Depends on It By IPO Edge Editorial Staff Last month, Meta Platforms (META) posted its fastest revenue growth quarter since 2021. The stock fell anyway. Revenue jumped 33% to $56.3 billion. Operating margin held at 41%. Net income climbed 61%. Then management told investors that 2026 capex would land between $125 and $145 billion, up from a prior range of $115...
Meta (META) Is Spending Like Its Life Depends on It By IPO Edge Editorial Staff Last month, Meta Platforms (META) posted its fastest revenue growth quarter since 2021. The stock fell anyway. Revenue jumped 33% to $56.3 billion. Operating margin held at 41%. Net income climbed 61%. Then management told investors that 2026 capex would land between $125 and $145 billion, up from a prior range of $115 to $135 billion. Shares dropped roughly 7% after hours. Search volume from financial pros surged after the print, according to our TrackStar data, with Meta capturing nearly 50% more searches than Alphabet (GOOG) . The question isn’t whether the ad business is healthy. It clearly is. The question is whether Mark Zuckerberg’s AI spending spree pays off before investors lose patience. Meta’s Business Meta owns four of the most-used apps on the planet: Facebook, Instagram, WhatsApp, and Messenger. Roughly 3.56 billion people open at least one of them every day. The company turns that attention into ad dollars. Ad revenue hit $55.0 billion in Q1, with impressions up 19% and price per ad up 12% year over year. Meta segments its business into the following areas: Family of Apps (99.3% of revenue) – Advertising across Facebook, Instagram, Messenger, WhatsApp, and Threads, plus WhatsApp paid messaging and subscriptions Reality Labs (0.7% of revenue) – VR/AR hardware including Quest headsets, Ray-Ban Meta and Oakley AI glasses, software, and content The headline this quarter was Muse Spark, the first model from Meta Superintelligence Labs. Zuckerberg called it the start of his push to deliver “personal superintelligence to billions of people.” Meta also raised its 2026 capex range to $125 to $145 billion. That’s nearly double the $72.2 billion it spent in 2025. Management cited higher memory pricing and additional data center capacity for future years. To offset some of the cost, Meta announced it will cut roughly 8,000 employees in May and pull back another 6,000 open roles. The c...
Google isn’t finished infusing AI into your inbox. On Tuesday at their IO 2026 developer conference, the tech giant announced an expansion of its “AI Inbox” functionality for Gmail, which is adding conversational AI features. That means you can ask Gmail about things in your inbox instead of typing in search terms. The company says the Gemini AI-powered feature, called Gmail Live, will help you qu...
Google isn’t finished infusing AI into your inbox. On Tuesday at their IO 2026 developer conference, the tech giant announced an expansion of its “AI Inbox” functionality for Gmail, which is adding conversational AI features. That means you can ask Gmail about things in your inbox instead of typing in search terms. The company says the Gemini AI-powered feature, called Gmail Live, will help you quickly find information buried in your inbox. Image Credits:Google Perhaps you need information about your upcoming flight, the time of your dentist appointment, the door code for your Airbnb rental, or some details about an event at your kid’s school, for instance. Before, you’d have to type in keywords in the search box (or maybe type in someone’s email address or domain) to try to narrow down your search. That doesn’t always make emails easy to find, however, especially if the search term is something found across several messages. “Gmail Live can answer naturally phrased questions, respond to follow-up questions, and pivot if you need to interrupt it,” Devanshi Bhandari, product lead for Gmail, explained in a briefing ahead of Google’s annual developer conference, Google I/O, where the feature was first introduced to the public. It’s another way that Google is trying to showcase how its AI technology can drive real-world improvements to products used by millions of consumers, at a time when many outside the tech industry are questioning the value of AI, as new data centers get built in their backyards, driving up their power bills. Being able to point to something as simple as making it easier to find something that’s lost in your email inbox — an experience nearly everyone has suffered at some point — could be a practical and positive use case for AI … or at least, Google hopes. Bhandari demonstrated Gmail Live to reporters, asking the tool a series of questions about things in the inbox, like a child’s show-and-tell project and their class trip, plus hotel and flight i...
DNY59/E+ via Getty Images Higher Inflation: The Context As I stated multiple times in my previous articles, a much higher inflation risk is a tangible problem, but the market doesn’t seem to care about it, at least for now. The reasons why I am so confident that general prices are going to increase significantly over the coming months are primarily four: The Middle East war is far from over even t...
DNY59/E+ via Getty Images Higher Inflation: The Context As I stated multiple times in my previous articles, a much higher inflation risk is a tangible problem, but the market doesn’t seem to care about it, at least for now. The reasons why I am so confident that general prices are going to increase significantly over the coming months are primarily four: The Middle East war is far from over even though almost three months have passed. I don’t expect new bombings in Iran/GCC, but I do expect a prolonged stalemate in which the Strait of Hormuz remains under Iranian control. Therefore, energy prices are going to stay higher for longer. Despite the inflationary pressures, President Trump wants lower interest rates, and Kevin Warsh’s appointment as Fed Chair must follow his point of view. It doesn’t necessarily mean that interest rates are going to be lowered, but rate hikes might not be enough to curb inflation. The price of gasoline is already hitting the economy in a significant manner. April inflation (headline CPI 3.80%) surged at the fastest rate in three years. In March 2026, the gasoline index increased 21.20% MoM, the largest monthly increase since the series was first introduced (1967, so before the oil embargo shock). Globally, the inflation rate is increasing at a pace comparable to 2022, and these kinds of energy shocks don’t get solved overnight, even if the problem is no longer there (the Strait reopens immediately). We haven’t seen anything yet regarding the food inflation. GCC countries were among the biggest exporters of fertilizers , and now, farmers all over the world can’t rely on them as they did before. Some farmers assumed the risks of using less fertilizer (higher probability of lower crops); others decided to use them despite higher prices, but they will eventually pass the latter onto the final consumer. In all this, as if it wasn’t already enough, scientists predict that this autumn the world will face Super El Niño , a natural phenomenon that...
Image source: The Motley Fool. Tuesday, May 19, 2026 at 4:30 p.m. ET CALL PARTICIPANTS Chief Executive Officer — David A. Pace Chief Financial Officer — Mark E. Graff Interim Chief Financial Officer — Christopher Adkins Meyer TAKEAWAYS Total Revenue -- $378 million, representing a $14 million decrease driven by restaurant closures and declining comparable sales. -- $378 million, representing a $14...
Image source: The Motley Fool. Tuesday, May 19, 2026 at 4:30 p.m. ET CALL PARTICIPANTS Chief Executive Officer — David A. Pace Chief Financial Officer — Mark E. Graff Interim Chief Financial Officer — Christopher Adkins Meyer TAKEAWAYS Total Revenue -- $378 million, representing a $14 million decrease driven by restaurant closures and declining comparable sales. -- $378 million, representing a $14 million decrease driven by restaurant closures and declining comparable sales. Comparable Restaurant Sales -- Down 0.6%, with a 1% increase in average check offset by a 1.6% traffic decline. -- Down 0.6%, with a 1% increase in average check offset by a 1.6% traffic decline. Average Check Increase -- 1%, reflecting a 3.1% price increase offset by a 2.1% decline in mix and discounts. -- 1%, reflecting a 3.1% price increase offset by a 2.1% decline in mix and discounts. Restaurant Operating Margin -- 14.8%, up 50 basis points, marking the strongest Q1 margin in five years. -- 14.8%, up 50 basis points, marking the strongest Q1 margin in five years. Labor Efficiency -- Labor costs at 35.7% of sales, a 130 basis point year-over-year improvement and the lowest Q1 labor percentage in three years. -- Labor costs at 35.7% of sales, a 130 basis point year-over-year improvement and the lowest Q1 labor percentage in three years. General and Administrative (G&A) Expenses -- $23 million, reduced by $4 million, driven by corporate efficiency initiatives and lower personnel costs. -- $23 million, reduced by $4 million, driven by corporate efficiency initiatives and lower personnel costs. Selling Expenses -- $13 million, up from $9 million, reflecting increased marketing investment. -- $13 million, up from $9 million, reflecting increased marketing investment. Adjusted EBITDA -- $27 million, decreasing by $600 thousand, aligned with internal expectations. -- $27 million, decreasing by $600 thousand, aligned with internal expectations. Big Yummm Value Platform Mix -- Over 13% of sales, abov...
AlexSecret/E+ via Getty Images Over the past few days, I have found myself looking at the S&P 500 in a slightly uncomfortable way. It's not only due to my wildest bet ever on the tech sector, mainly on the beneficiaries of the hyperscaler CapEx, especially the bottleneck trades. The main reason is the narrowness of the market, as noted by the gap in 1-month returns between the cap-weighted S&P 500...
AlexSecret/E+ via Getty Images Over the past few days, I have found myself looking at the S&P 500 in a slightly uncomfortable way. It's not only due to my wildest bet ever on the tech sector, mainly on the beneficiaries of the hyperscaler CapEx, especially the bottleneck trades. The main reason is the narrowness of the market, as noted by the gap in 1-month returns between the cap-weighted S&P 500 (in red, below) and the equal-weight version (in blue). Guidance Terminal | RSP vs SPY Since the end of last week, there has been a wave of profit-taking, particularly in the most speculative pocket of tech (think Intel, memory stocks, or photonics). It's hard to say what was first: the selloff in the U.S. equity markets or the spike in Treasury yields, particularly the long-dated ones. Trading View | US 10Y Yield As I said in my last coverage, the chart above showing the 10-year yield looks anything but encouraging, unless the U.S. declares victory and leaves the Strait of Hormuz. In my view, that ain't happening any time soon. Therefore, I don't think the recent weakness should be confused with a healthy broadening of the rally. Far from that. As I'm writing, I see both the SPY and RSP down in terms of 1-week returns (-0.76% and -0.95%, respectively). This is a broader correction, as capital is not flowing from speculative AI names into slightly more boring pockets of the market, such as financials. Therefore, I am not panic selling tech and rotating into energy, non-AI industrials, healthcare, or even worse, cyclical names. That said, after taking profits on my SPY calls, I haven't deployed much of that capital yet. In this piece, I discuss why and what I'm planning to buy next. Large-Cap Tech Dominates U.S. Market Cap (And I’m Very Thankful for That) So, let’s start with the basics. The S&P 500 is a market-cap-weighted index, so larger companies naturally carry more weight in the index. To be specific, it covers about 80% of the total U.S. equity market cap. Now, if I ...
Last year, after watching Google’s I/O keynote, I wrote that it felt like Google’s future was Google googling. After watching this year’s I/O keynote on Tuesday, I don’t think Google just wants to google for you — I think it wants to do everything for you, all from a search box. Take the trusty Google search bar itself, something Google is generally hesitant to update, which is getting some update...
Last year, after watching Google’s I/O keynote, I wrote that it felt like Google’s future was Google googling. After watching this year’s I/O keynote on Tuesday, I don’t think Google just wants to google for you — I think it wants to do everything for you, all from a search box. Take the trusty Google search bar itself, something Google is generally hesitant to update, which is getting some updates. It will “dynamically” expand as you type longer queries. It will offer “AI-powered suggestions” that Google claims will “go beyond autocomplete,” which could cause you to fill in the blanks of a search in a way you didn’t intend but may or may not be helpful. Or how about what Google actually shows in Search results? From AI Overviews you can keep asking questions in AI Mode, which generates a custom page with an AI-generated summary of what you’re searching about instead of showing you a traditional list of links. Search results are also going to be even more personalized because Google will be able to generate custom UI for you, including generating things like interactive visuals and graphs right within your search results page. You’re also going to be able to ask Google, right from the search bar, to make “information agents” that can keep track of things you care about — like new sneaker drops or apartment listings — making the search bar a kind of AI-infused Google Alert. Gemini is getting a bunch of upgrades and features, too. It can send you a “Daily Brief” that tells you about your day based on information from across your Google apps, like Gmail and Google Calendar. You can create your own custom Google-powered agents thanks to a feature called Gemini Spark, which could have a leg up on agents like OpenClaw because it’s a first-party offering from Google. The company has also been recently making a big kerfuffle about Personal Intelligence, which pulls in context from your other Google apps that helps inform your responses from Gemini. In Workspace, Google want...
BHP Studio/iStock via Getty Images Sometimes it can take many years for a specific upside or positive trend to materialize. This may be despite significant fundamental upside in the company's financials and operations. The market has a tendency to be able for, a very long time, disregard positives and negatives. I recently wrote about another Swedish company, Elekta AB ( EKTAY ) - which the market...
BHP Studio/iStock via Getty Images Sometimes it can take many years for a specific upside or positive trend to materialize. This may be despite significant fundamental upside in the company's financials and operations. The market has a tendency to be able for, a very long time, disregard positives and negatives. I recently wrote about another Swedish company, Elekta AB ( EKTAY ) - which the market has premiumized at 25-30x P/E for going 10 years without - in my view - any good reason for such a premiumization. While it is clear to me that Hexagon AB (publ) (HXBGY) has issues and operational and macro challenges, it's equally clear to me that unlike Elekta, this is a company that, based on a very high earnings growth rate and not a single year of negative earnings, actually may deserve a bit of premiumization. That is why I have applied it. However, it's also valid to say that the company has declined for several years now - and despite ups and downs during that time, the thought arises that we may be overestimating it a bit. So, in this article I'll be updating the thesis I gave in this article here. Initially, when I covered Hexagon, I did so as a recovery play. I assigned high expectations and multiples to the company, citing industrial strength, portfolio and market share of its relatively unique technologies. The company's capabilities in things like spatial sciences, precision measuring and autonomy seemed relatively unassailable, even during a structural downturn. Unfortunately, it has turned out that this picture is somewhat oversimplified. Over time, my investment and my thesis in and on Hexagon has turned more into a how far down is cheap enough to reflect the ongoing challenges. This reflects not only Hexagon, but the broader state of the overall market, where many premiumized companies are facing very similar sort of challenges at this particular time. Furthermore, I argue that Hexagon has exacerbated this "issue" by deciding to spin off what is now known...
Poet Technologies (NASDAQ:POET), which designs and manufactures photonic integrated circuits and optical engines, closed at $13.07, down 8.02%. Shares declined after the company completed a $400 million registered direct offering, with investors watching for how the new capital will scale AI photonic interconnect manufacturing and address dilution concerns. Trading volume reached 76.1 million shar...
Poet Technologies (NASDAQ:POET), which designs and manufactures photonic integrated circuits and optical engines, closed at $13.07, down 8.02%. Shares declined after the company completed a $400 million registered direct offering, with investors watching for how the new capital will scale AI photonic interconnect manufacturing and address dilution concerns. Trading volume reached 76.1 million shares, coming in about 142% above its three-month average of 31.4 million shares. Poet Technologies IPO'd in 2008 and has grown 31% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) slipped 0.65% to 7,355, while the Nasdaq Composite (NASDAQINDEX:^IXIC) lost 0.84% to finish at 25,871. Among semiconductors, industry peers Lumentum (NASDAQ:LITE) closed at $890.09, up 0.58%, while Applied Optoelectronics (NASDAQ:AAOI) ended at $171.33, down 1.11%, reflecting mixed sentiment across optical chipmakers. What this means for investors Poet announced the share offering one day after reporting Q1 results last week. The company took advantage of a spike in the stock to over $20 per share that day. The common share offering the company closed yesterday was priced at $21 per share, well above today’s closing price. It was savvy of management to raise fresh capital at the elevated share price level. It could also be viewed as a knee jerk reaction, though, highlighting the company’s need for additional funding. Growing companies often need to raise capital, but the offering also dilutes existing shareholders, leading to the share drop since it was announced. The risk for investors now is how well the business will execute as management aims to meaningfully grow with the AI and hyperscaler data center ecosystem. Should you buy stock in Poet Technologies right now? Before you buy stock in Poet Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Poet Technologies ...
Bitcoin ETF Concept, Cryptocurrency ETF Sadi Maria/iStock Editorial via Getty Images It's important for all investors to seek out the ETFs, mutual funds, or other investment vehicles that provide them with the best value, without sacrificing other elements like transparency, scale, and reputation. On April 8, 2026, Morgan Stanley became the first major U.S. bank to launch their own Bitcoin spot ET...
Bitcoin ETF Concept, Cryptocurrency ETF Sadi Maria/iStock Editorial via Getty Images It's important for all investors to seek out the ETFs, mutual funds, or other investment vehicles that provide them with the best value, without sacrificing other elements like transparency, scale, and reputation. On April 8, 2026, Morgan Stanley became the first major U.S. bank to launch their own Bitcoin spot ETF, Morgan Stanley Bitcoin Trust ( MSBT ), which may offer investors the best deal on the market in regard to direct Bitcoin exposure. This ETF stores its Bitcoin in institutional-grade custody, with Coinbase Custody Trust Company, LLC serving as the custodian and prime broker. Now over a month old, we have had the chance to see what this ETF can do. It has increased in value by over 12% during its first month and is currently up 7.72% since its launch at the time of this writing. It appears to be delivering on its objective, which is to " track the performance of bitcoin, as measured by the CoinDesk Bitcoin Benchmark Rate (the Pricing Benchmark), adjusted for the Trust's expenses and other liabilities." This benchmark is calculated based on an aggregation of executed trade flow from major Bitcoin spot exchanges. And it's doing so at no cost, without any fees. There will be no fee at all on the first $5 billion for the first six months (after the April 8th launch). Currently, their assets under management total $233 million and are growing but are still far below the $5 billion limit that would trigger an expense ratio to begin. We have five more months of zero expenses on this product. After the first six months, the long-term expense ratio is expected to be 0.14% , which would be the lowest expense ratio of any spot Bitcoin ETF on the market. When a competitor offers the same or a similar deal for a lower price, that has to be worthy of consideration. Competitors that charge a higher expense ratio need not be ruled out, but it's important to understand what benefit you are...
Trinity Capital ( Nasdaq: TRIN ) on Tuesday said it priced an underwritten public offering of $300 million aggregate principal amount of 7.0% notes due 2031. The unsecured notes will mature on May 21, 2031, and will bear interest at 7.0% annually, payable semiannually beginning November 21, 2026, the company said. Trinity Capital said it intends to use the net proceeds from the offering to pay dow...
Trinity Capital ( Nasdaq: TRIN ) on Tuesday said it priced an underwritten public offering of $300 million aggregate principal amount of 7.0% notes due 2031. The unsecured notes will mature on May 21, 2031, and will bear interest at 7.0% annually, payable semiannually beginning November 21, 2026, the company said. Trinity Capital said it intends to use the net proceeds from the offering to pay down part of its existing debt under the KeyBank credit facility. The offering is expected to close on May 21, subject to customary closing conditions. Source: Press Release More on Trinity Capital Trinity Capital: A Safe Heaven BDC With A 12% Yield Why Trinity Capital Wins The Next Phase Of Venture Credit Over Hercules Capital Trinity Capital outlines SBIC fund buildout expected to add more than $260M of incremental capacity Trinity Capital GAAP NII of $0.53 beats by $0.02, TII of $90.1M beats by $4.84M