Why Global Insurers Are Diving into Private Credit Despite Risks
Global insurers are gearing up to expand their investments in the growing private credit market, a recent Moody's Ratings report...
Leveraged Ether ETFs Debut Ahead of Spot Funds
Volatility Shares launched a 2x Ether ETF (ETHU) on June 4, offering investors twice the daily return of ether.
Crypto Miners Cash In: AI Demand Fuels Data-Center Boom
Core Scientific announced a partnership with AI startup CoreWeave, expected to generate $3.5 billion over 12 years.
SEC Transparency Rule Overturned: Impact on Private Equity and Hedge Funds
A U.S. appeals court nullified an SEC rule aimed at increasing transparency in the private equity and hedge fund sectors.
Robinhood Expands Beyond U.S. with $200M Bitstamp Acquisition
Robinhood has agreed to acquire U.K.-based crypto exchange Bitstamp for $200 million in cash.
Are Your Passwords Safe? Snowflake’s Security Blunder Revealed
Hackers recently accessed hundreds of Snowflake customer accounts by exploiting single-factor authentication vulnerabilities.
Hidden Cracks in US Labor Market: BLS Data Overstates Payroll Gains
New data from the Bureau of Labor Statistics (BLS) suggests the US job market isn't as robust as previously thought.
Nvidia, Microsoft, and Apple Surpass Entire Chinese Stock Market
Nvidia, Microsoft, and Apple have now surpassed the entire stock market value of China.
Americans Are Earning More from Investments Than Ever – Here’s What It Means for You
Americans are experiencing unprecedented investment income, with earnings from interest and dividends hitting about $3.7 trillion in the first quarter...
Bitcoin Surges Past $71K as ETFs Attract Record $880M Inflows
Bitcoin surged past $71,000 during Asian trading hours, marking a 3% increase in just 24 hours.
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser