GLD jumps 3% as Treasury doubles long-dated buybacks
SPDR Gold Shares (GLD) surged 3% after the U.S. Treasury unexpectedly doubled long-dated bond buybacks to at least $4 billion per operation, pushing yields and the dollar lower.
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Jane Street Surges
Jane Street, the secretive trading company, is challenging some of the biggest companies in Wall Street as its revenues surge. The company, which relies on a combination of human traders and sophisticated algorithms, is generating billions of dollars as the AI boom and the market volatility triggered by the US-Iran war
DRAM ETF Hits $21B AUM
The Roundhill Memory ETF (CBOE: DRAM) continued its strong rally last week and reached a record high of $77.63, up by 173% from its lowest point in April, when it was launched. It has recorded inflows every week since its launch, with assets under management reaching $21 billion. This makes it the fastest ETF eve