Hut 8’s Post

LOVED some of the stories we published on Capital Brief today that you cannot read anywhere else: - Jack Derwin on ASX fracking play Tamboran Resources Corporation, which climate activists are likening to the new Adani: https://lnkd.in/giQfGbEg - Laurel Henning and Bronwen Clune on Tesla chair Robyn Denholm suffering an initial loss in the ‘Wollemi Capital v Wollemi Capital Group trademark dispute: https://lnkd.in/gGAUH88G - Kate Burgess scoop Brighte’s new $195m green debt facility https://lnkd.in/gq5E76bs - Daniel Van Boom on Leonardo.Ai launching Australia’s first generative AI foundation model https://lnkd.in/gG7WR_52 And that’s just a taste - we also got into Regal Funds Management’s big CBA short; Albo’s China tightrope, the Chemist Warehouse / Sigma deal and more As I always say at the end of these messages, if you haven’t signed up yet for The Editon yet (or even better, subscribed) you are really missing out…. If you have, then thanks for the support. Let me know know how you are finding it. https://lnkd.in/gB7FWkPk

Technology is moving at a very high speed.

At Virifides, we believe that tools like Quantum Ledger can simplify the task of sustainability by ensuring transparent data management. Using Quantum Ledger, businesses can track their sustainability metrics accurately and effortlessly, from energy consumption to supply chain ethics. This kind of technology empowers businesses to start small yet make impactful strides in sustainability. By using its ability to provide a clear, verifiable record of transactions, companies can more effectively measure and improve their environmental and social impact. What are your thoughts? To learn more about the benefits of Quantum Ledger, check out: https://bit.ly/47w19WM #Sustainability #QuantumLedgerDatabase #SupplyChainTransparency

June 2024 Quarter Update on the Polen Capital Global Growth Fund    In the June 2024 quarter, AI continued to dominate market narratives, with the semiconductor and technology industries significantly contributing to returns. NVIDIA, in particular, had a substantial impact on the MSCI ACWI Index. Our investment partner, Polen Capital, highlighted Alphabet, Adobe, and Amazon as top contributors to the Polen Capital Global Growth Fund, driven by strong business performance.    For more insights and a detailed analysis of the fund performance, read the full article here: https://bit.ly/3SqXAf1    #montinvest #investing #marketupdate  

Wealth code=genuine scientific revolution+(industrialization+private cap). Anything below this is a fluke and run the risk of being exposed (although if someone exists very well, I’d laud him/her as most cannot); anything like this sometimes fail in industrialization with full scaling whence fail in general. (Industrialization+private capitalization) is two sides of the same coin. #CeciliaPlays

How can voluntary carbon markets (VCMs) address issues such as opacity, thin liquidity and a lack of standardization? Nasdaq and The ValueExchange recently surveyed more than 130 decision-makers across project owners, financial investors, commercial banks, brokers, and market operators for their ideas. Read more in today's #TechTuesday:

Join Alastair Unwin, Deputy Fund Manager of the Polar Capital Technology Trust, as he explores the trajectory for interest rate cuts in 2024, which combined with falling inflation and positive growth has historically presented an encouraging environment for the technology sector. While also delving through an ‘AI lens’, Alastair sheds light on Polar Capital's strategy for amplifying portfolio gains, comparing mega-cap stocks with small and mid-caps in the tech sector, all within the context of AI. Follow for more on PCT:https://lnkd.in/e_-BqZth Or visit the PCT Website: https://lnkd.in/e8CDDPYJ #ai #investing #investment #growth #inflation #polarcapitaltrust

Investing in a year of turbulence 2024 is a year of turbulence and resilience the new priority; what should investors do? #investing #megatrends #sustainability #esg #supplychain https://lnkd.in/e2hkYf26

Despite some market weakness late last week, Dow Jones was up 1.45%, S&P 500 gained 0.6% and Nasdaq composite rose marginally for the week ended June 21. Cerebras, a developer of AI chips, trying to compete with Nvidia, has filed for an IPO confidentially. Brazilian fintech PicPay is working on a US IPO. Investing app, Acorns is eyeing an IPO in the next couple of years. Most stocks hyped as winners from the AI boom have fallen this year, according to Citi. Nvidia plans to design server racks could pressure server designers such as Dell, HPE and Supermicro. Apple on Friday told media outlets that its new artificial intelligence features won’t be available in the European Union because of concerns that the Digital Markets Act could compromise user privacy and data security. Apple has also reportedly halted work on Vision Pro and is aiming to release cheaper Vision headset next year. Accenture expects strong AI demand to power its 2024 revenue growth. Amazon is planning to revamp its Alexa voice assistant business with two tiers of new generative AI features, one of which will charge a subscription fee of US$5 to US$10 a month. Green bonds are on track to hit a total of US$1 trillion of issuance this year. The rush into sustainable debt contrasts sharply with investor outflows from stock funds focused on environmental, social and governance (ESG) metrics. In Canada, Sophic Client, Plurilock announced a US$6 million+ contract with the U.S. Treasury. Sophic Client, Kraken Robotics received a $2.2 million order for subsea batteries. https://lnkd.in/gEYicSDr

Many thanks to Algy Craig Hall, Citywire's Elite Companies Editor, for featuring Kamil Dimmich, CFA, Portfolio Manager of the Pacific North of South Emerging Market Equity Funds, in his latest article. Citywire Elite Companies publication only features and tracks the investments of the world’s very best portfolio managers, with only 5% of all fund managers across the world passing their strict selection criteria, which focus on a positive historical track record. Therefore, Pacific is delighted that this includes Kamil and Matt Linsey. In this article, Kamil discusses Taiwan’s ASE Technology, which is attracting huge interest due to prospects for an upswing in the business cycle and AI-related demand. The team has held ASE as a core holding for several years and suggests that while ASE is not a direct play on AI-related investments, it should benefit from any acceleration in the market. Read the full article here: https://lnkd.in/ebJw_JZt The article also featured in the Telegraph: https://lnkd.in/eXaWgMVq Mary Murphy Nicholas Lemis Sebastian Stewart Jonno Ross Chris King North of South Capital