Noah Holdings is transitioning from a commission-based wealth management model to a recurring revenue model centered on asset management, improving long-term earnings visibility. The company has increased its overseas revenue share and performance-based income by targeting global high-net-worth clients and USD-denominated asset platforms. However, domestic operations face challenges, with Gopher Asset Management's assets under management declining due to weak new fund inflows, and Noah exiting low-value, commission-driven domestic insurance distribution. This strategic pivot aims to strengthen Noah's revenue stability and growth prospects.
Rainbow Rare Earths has significantly simplified the extraction process for its phosphogypsum rare earths recovery project by controlling fluorine with silica and introducing continuous ion exchange. This breakthrough reduces capital and operating co...
Bradda Head Lithium's Whistlejacket project in Arizona is poised to become a key asset as the company prepares to begin drilling and deliver a maiden resource estimate by early 2027. Partnering with mining giant Rio Tinto, the project has attracted p...
Gold and Bitcoin have experienced significant capital outflows and increased short interest in the first half of 2026, driven by slow progress in U.S.-Iran talks and broader macroeconomic uncertainty. Gold ETFs like GLD and GDX saw short interest spi...
Dave Portnoy, founder of Barstool Sports, revealed he is down millions on his Bitcoin investment bought near $100,000 but vows to hold the asset even if it falls to zero. He admitted to repeatedly mistiming trades, selling before rallies, and now pre...
Bitcoin's capital efficiency has sharply declined, with each bull cycle requiring exponentially more money for smaller percentage gains. This cycle has seen about $697 billion in new capital generating a 689% gain, far less than earlier cycles with s...
