The Convergence Long/Short Equity ETF (CLSE) has delivered a strong performance since its conversion into an ETF, achieving an annualized active return of 7.15% against the IWV benchmark. It has outperformed major ETFs like IVV, IWV, and QQQ year-to-date, demonstrating the adaptability of its active long/short strategy. Despite some recent softness, the ETF is expected to continue outperforming, though investors should be mindful of risks related to short selling and its relatively high expense ratio.
AI/R, a technology company specializing in agentic AI, has joined Anthropic's Claude Partner Network Services Track. This partnership enhances AI/R's ability to develop AI solutions that improve operational efficiency and decision-making in complex b...
Bitcoin fell below $63,000, hitting a 10-day low following Coinbase's Q2 revenue miss and the stalled Clarity Act in the Senate. Coinbase reported $1.22 billion in revenue, down 19% year-over-year, missing estimates and posting a $359.5 million net l...
Pump.fun, a Solana-based memecoin launchpad, is under scrutiny after over 40 former employees claimed layoffs without full token compensation. The company restructured in April due to rapid growth, offering severance but allegedly withholding valuabl...
The XRP Ledger is set to release its 3.3.0 software upgrade, introducing key features like native privacy for tokens, batch transaction processing, permission delegation, sponsored fees, and dynamic token properties. These improvements aim to enhance...
Solana (SOL) is trading in a narrow range between $73 and $75 after failing to extend its July recovery, with resistance at the 50-day and 100-day moving averages around $75 blocking further gains. The price remains supported near $72, which buyers h...
