Author: Charlotte

Quantitative analysts at JPMorgan Chase (NYSE: JPM) have issued a sharp warning on Bitcoin (BTC) mining, Investing.com reported on June 18. Bitcoin is the world’s first decentralized cryptocurrency, which means no centralized body creates or controls it and it runs on a peer-to-peer (P2P) network. Related: What is Bitcoin mining? Explained The cryptocurrency is created by a process called Bitcoin mining, which involves using specialized computers to solve complex cryptographic functions to secure the blockchain and mine new coins. Miners, in exchange for their work, receive rewards in the form of newly created BTC. A key measure of Bitcoin mining…

Gramercy’s EM credit bet delivers 53% as firm warns on 60/40 fragility Pensions & Investments Source link

Kentucky-bred Scandinavia provided trainer Aidan O’Brien with his 100th winner at Royal Ascot by edging out defending winner Trawlerman in the final strides of a scintillating Gold Cup Stakes (G1) June 18 at Ascot Racecourse. The victory marks the first time in 33 years that a horse bred in the United States has captured the Gold Cup. Before Scandinavia, the most recent horse bred in the U.S. to win the Gold Cup was Kentucky-bred Drum Taps, bred by William Powell and Bates Newton, who won the 2 1/2-mile test a second straight year in 1993. Campaigned by the Coolmore-affiliated Michael Tabor,…

GENEVA, SWITZERLAND – June 18, 2026 – The art world’s multi-billion-dollar problem with forgery, fraud, and murky provenance may have just met its match, not in a gallery vault, but in the sterile cleanrooms of a semiconductor foundry. Today, WISeKey International Holding announced that its subsidiary, WISe.ART, has become the world’s first hardware-authenticated art platform, a claim cemented by a landmark European patent granted to its sibling subsidiary, SEALSQ. The patent is for a technology dubbed ‘Back-to-Physical,’ and its premise is a structural breakthrough for how we define ownership and authenticity. It allows a Non-Fungible Token (NFT)—a unique digital certificate—to…

That shift should be of interest to retail investors gaining exposure to private equity through interval funds, evergreen vehicles, or model portfolios, since the underlying funds backing those structures vary widely in how much cash they have actually returned versus what they report on paper. Exit routes remain largely closed IPO windows are narrow, strategic buyers are selective, and pricing disagreements continue to stall sponsor-to-sponsor sales. With traditional exits scarce, continuation vehicles and GP-led secondaries have become the default way sponsors return cash to investors, even as limited partners grow more wary of the conflicts of interest those structures can…

The B.S. in Applied Economics program is set to shift from the College of Business to the College of Humanities, Social Sciences and Arts (CHSSA) in Fall 2026. The program will join CHSSA’s Department of Social Sciences, moving from its current home in the Department of Management and Economics. The realignment reflects the interdisciplinary nature of economics and its close connections to public policy, political science, sociology and regional development. By placing the program within CHSSA, the university will expand opportunities for students to explore the economic, social, and policy factors that shape communities and markets. “We are thrilled to…

Digital asset trusts provide direct access to the spot prices of the two largest cryptocurrencies. The choice between iShares Ethereum Trust ETF (ETHA 2.52%) and Fidelity Wise Origin Bitcoin Fund (FBTC 2.40%)depends on whether an investor seeks exposure to Ether or Bitcoin at the same price. While ETHA tracks Ether, FBTC tracks Bitcoin. Both funds arrived in 2024, offering a way to hold these volatile assets within standard brokerage accounts without using a cryptocurrency exchange.Snapshot (cost & size)MetricETHAFBTCIssueriSharesFidelityExpense ratio0.25%0.25%1-yr return (as of June 17, 2026)(31.71%)(38.86%)Dividend yieldNoneNoneBeta2.472.02AUM$5.9B$13.4BBeta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly…

Warren Buffett is considered one of the greatest investors of all time. However, even he believes that one of the smartest investments someone can make is in an exchange-traded fund (ETF) that tracks the S&P 500 index, like the Vanguard S&P 500 ETF (VOO +0.81%). In fact, back in 2007, Buffett offered hedge fund managers a $500,000 bet that the S&P 500 index would outperform hedge funds over the next decade. Only one manager, Ted Seides, a former co-manager of Protégé Partners, took him up on his offer. Buffett invested in a low-cost index fund, while Seides chose a group…

Nebius Group N.V. NBIS has built a sturdy cash profile with $9.3 billion in cash and cash equivalents at the end of the first quarter of 2026. A strong cash position offers ample financial flexibility to pursue expansion, both organic and inorganic. The cash build was driven by various financial initiatives, including a $4.3 billion convertible debt raise (gross proceeds) and a $2 billion equity investment from NVIDIA, alongside customer upfront payments that boosted operating cash flow to $2.3 billion for the quarter. This fortified balance sheet comes at a time when Nebius is rapidly focused on capacity expansion, which…

Catalans Dragons have landed the coup capture of NRL star Jesse Arthars for the 2027 season. The New Zealand outside back has signed a two-year deal with the French club in what is an impressive acquisition heading into next season. Arthars was a key part of the Brisbane Broncos squad that won the NRL last season, scoring eleven tries in 18 games. The 27-year-old, who has previously worked with Arthars while an assistant at Brisbane before moving to the UK, has scored 43 tries in 107 NRL appearances, including five scores in nine games this season. “I’m super excited to…