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RoboStrategy Shares Up After Raising $33.9M in Private Share Sale

By Anvee BhutaniShares of RoboStrategy advanced after the robotics investment company raised about $33.9 million through a series of private share sales to institutional investors.The stock was up 12% to $35.18 in late morning trading on Monday. Shares have gained more than 50% in the past month.Th…

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NEWS dow-jones

Cook Ruling Could Reset Interactions Between Fed and White House — Market Talk

The Supreme Court ruling blocking President Trump from firing Fed governor Lisa Cook could be a reset back to a more typical interaction between the White House and the central bank, said Claudia Sahm, chief economist at New Century Advisors and former Fed economist. "Many presidents want the Fed t…

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BondsEconomy

Strategy's Tool for Buying Bitcoin Is Slipping. The Company Pivots to 'Active Capital Management.' — Barrons.com

By Mackenzie TatananniStrategy is rolling out a new financial framework to stabilize its business and reassure investors amid a prolonged slump in its Stretch preferred stock, the company's primary vehicle for funding Bitcoin acquisitions.Starting July 1, Strategy will hike the regular annual divid…

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Iran's Oil Money Is Coming Back. Its Main Street Will Have to Wait. — WSJ

By Georgi Kantchev and Henna MoussaviDUBAI — The U.S.-Iran deal to free up shipping in the Strait of Hormuz promises a quick cash injection for the Tehran regime. For ordinary Iranians, economic relief is likely to take much longer.A Trump administration waiver last week to let Iran sell its oil an…

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Futures
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Life Time is Close to Self-Funding its New Openings — Market Talk

Life Time Group Holdings is nearing an inflection point where it will be able to fund its new club openings through free cash flow, rather than continuing to rely on selling and leasing back its real estate, Jefferies analysts say in a note. "The bear case that LTH 'needs' sale-leasebacks to genera…

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