With US government debt exceeding $40 trillion and long-term Treasury bonds delivering negative real returns over the past decade, asset managers suggest replacing some bond allocations with Bitcoin, especially for portfolios heavily invested in AI stocks. Bitcoin's fixed supply and low correlation with traditional assets make it a potential inflation hedge and diversifier compared to bonds, which are losing value due to unlimited government debt issuance. As AI stocks dominate indices, the risk of sector downturns combined with weak bond performance pushes investors to reconsider portfolio strategies. Major firms like BlackRock and Bitwise recommend a Bitcoin allocation of 2% to 10%, signaling a shift from questioning Bitcoin's role to deciding its optimal share in portfolios.
Randstad reported revenue and earnings that exceeded expectations, driven by improving business trends and key labor markets. This positive performance signals momentum in the employment services sector. RBC Capital maintained a 'Sector Perform' rati...
MSC Industrial Supply reported strong Q4 results with revenue rising 10.3% year-over-year to about $1.08 billion, surpassing estimates. Adjusted earnings per share increased to $1.45 from $1.09, also beating expectations. Full-year sales grew 6.4% to...
ARMOUR Residential REIT reported a $327 million net loss for Q3 2026, driven by higher interest rates that reduced its book value by 17% to $14.55 per share. Despite the loss, the company earned $83.7 million in net interest income and $102.3 million...
Southern Company, an electric and gas utility, clarified it has no connection to a Mexican silver mining project, dispelling recent rumors. HSBC initiated coverage of Southern Company with a Buy rating, with shares trading at $90.39 at the time. The ...
Remittix is set to add 41 new fiat currencies to its PayFi ecosystem, enhancing crypto-to-bank and bank-to-crypto transactions globally ahead of its November 24 RTX launch. This expansion aims to support more international markets and users, includin...
