Reddit Joins the S&P 500 on Aug 18: Shares Pop 8.8%
S&P Dow Jones Indices adds Reddit (RDDT) to the S&P 500 effective Aug 18, 2026. Shares jumped 8.8% after-hours as passive funds prepared to buy.
Bruno M.
Silver Lake Eyes Workday: PE’s Next $60B+ Take-Private?
Silver Lake is in talks to acquire Workday, per Reuters. WDAY jumped ~21% to $212. At $52B market cap, a deal could top $60B with a standard premium.
Bond Duration and Convexity Explained (With Examples)
Bond duration and convexity in plain English: what they measure, the formulas that matter, worked examples on real Treasury yields, and the traps that catch retail investors.
Thrive Holdings Raises $2B at $12B: AI-Native PE Model
Thrive Holdings raised $2B at a $12B valuation from OpenAI, SoftBank, D1 and Altimeter to buy legacy services firms and inject AI into their workflows.
CoreWeave Q2 Doubles to $2.58B; Backlog Hits $104B
CoreWeave’s Q2 2026 revenue jumped 112% to $2.58B; backlog hit $104B, Meta added $21B, and FY26 guide was raised. But the net loss widened to $626M.
Leveraged & Inverse ETFs: Why Daily Reset Kills Returns
TQQQ, SQQQ, SOXL: leveraged and inverse ETFs reset every day. Here is why 3x can fall 53% while its index rises 8%, and when to use them anyway.
US Borrows $432B in July; FY26 Deficit Already Tops FY25
July’s $432B deficit pushes FY26 borrowing past $1.8T in 10 months — more than all of FY25 — as tariff refunds bleed receipts and debt nears $40T.
July CPI Cools to 3.4%: Stocks Shrug, Fed Cut Path Clears
July 2026 CPI came in at 3.4% headline and 2.5% core, matching forecasts. Stocks nudged higher, yields dipped, and the September FOMC cut looks live.
Insider Trading Explained: Legal, Illegal, and 10b5-1 Plans
How Section 10(b), Rule 10b-5, Form 4 filings, and 10b5-1 trading plans separate legal insider activity from federal crimes.
Goldman Buys NEOS for $2.25B: An Options-Income ETF Bet
Goldman Sachs Asset Management will pay up to $2.25 billion for NEOS Investments, adding $30 billion of options-income ETFs and pushing GSAM’s active ETF book to about $80 billion.