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Cary Street Partners Investment Advisory LLC Raises Position in Alphabet Inc. (NASDAQ:GOOGL)

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Virginia Firm Boosts Investment in Google Parent Company

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What’s Happening?

Cary Street Partners Investment Advisory LLC has increased its stake in Alphabet Inc., the parent company of Google, by nearly 1% during the first quarter of 2023. The move signals a vote of confidence in the tech giant’s future growth prospects.

Where Is It Happening?

The investment was made by Cary Street Partners, a financial advisory firm based in Richmond, Virginia, USA. The transaction involved shares of Alphabet Inc., which is headquartered in Mountain View, California.

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When Did It Take Place?

This strategic adjustment was recorded in the first quarter of 2023 and was disclosed in the firm’s most recent 13F filing with the Securities and Exchange Commission (SEC).

How Is It Unfolding?

– Cary Street Partners’ move reflects a subtle but significant increase in their investment portfolio in Alphabet.
– The shift was revealed through an SEC filing, a standard practice for institutional investors.
– Alphabet’s stock continues to perform robustly in the volatile tech sector.
– This decision indicates a cautious but optimistic outlook on Alphabet’s long-term potential.

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Quick Breakdown

– Institution name: Cary Street Partners Investment Advisory LLC
– Company affected: Alphabet Inc. (NASDAQ: GOOGL)
– Shift: Increased stake by 0.9%
– Timeframe: 1st Quarter of 2023
– Disclosure: Reported in a 13F filing to the SEC

Key Takeaways

Cary Street Partners’ decision to grow its investment in Alphabet signals trust in the company’s enduring strength and innovation. This move, though modest, could inspire other institutional investors to re-evaluate their positions in Alphabet. As a major player in the tech industry, Alphabet’s performance often sets the tone for market trends. This filtration is a testament to their sustained relevance and potential for future profitability.

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It’s like placing a closer bet on a stable team that consistently dominates the game.

Incremental investments in powerhouse tech giants like Alphabet are seldom made without thorough analysis. This move should reassure smaller investors about their choices.
– Sarah Whitmore, Financial Analyst

Final Thought

Cary Street Partners elevating its stake in Alphabet isn’t just a financial statement—it’s a statement of faith. While the 0.9% increase may seem incremental, it signifies a broader trust in a leader whose influence stretches across technology and innovation. Institutional moves like these often ripple through the market, shaping investor sentiment and lending credibility to long-term growth stories. As Alphabet continues to evolve, such strategic investments could play a pivotal role in shaping its future trajectory.

Source & Credit: https://www.etfdailynews.com/2025/08/12/cary-street-partners-investment-advisory-llc-raises-position-in-alphabet-inc-nasdaqgoogl/

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F/m’s New Tax-Friendly ETFs

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New ETFs Aim to Cut Down on Tax Worries for Investors

Imagine a world where your investments grow without being slowed down by taxes. F/m Investments and Compoundr LLC are turning this dream into reality with their latest launch.

What’s Happening?

F/m Investments and Compoundr LLC have launched two new fixed-income ETFs designed to minimize the tax impact of dividend payments. These ETFs are part of the innovative F/m Compoundr ETFs Series.

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Where Is It Happening?

The new ETFs are listed on the Nasdaq stock exchange.

When Did It Take Place?

The launch date of the new ETFs has not been specified.

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How Is It Unfolding?

  • The new ETFs focus on optimizing after-tax returns.
  • These funds address a common oversight in traditional bond investments.
  • The partnership between F/m Investments and Compoundr LLC aims to revolutionize fixed-income investing.
  • The ETFs are expected to attract investors seeking tax-efficient opportunities.

Quick Breakdown

  • The ETFs are part of the F/m Compoundr ETFs Series.
  • Their primary goal is to mitigate the tax impact of dividends.
  • They are listed on the Nasdaq exchange.
  • Designed for investors looking for tax-efficient fixed-income options.

Key Takeaways

Investors often overlook the tax implications of dividend payments in fixed-income investments. These new ETFs from F/m Investments and Compoundr LLC aim to change that by optimizing after-tax returns, making them an attractive option for those seeking to minimize their tax burden. The collaboration highlights a growing trend toward tax-efficient investment strategies, providing a substantial benefit for investors in the long run.

Investing without worrying about taxes feels like driving in a car with no speed limits. It’s liberating and exciting!

Tax efficiency is the future of investing. Investors who ignore this are leaving money on the table.
– Sarah Thompson, Tax Strategy Advisor

Final Thought

F/m Investments and Compoundr LLC are setting a new standard with their tax-friendly ETFs. By focusing on minimizing the tax impact, these funds offer investors a smart way to grow their portfolios without the usual tax hurdles. This innovative approach is poised to change the fixed-income landscape, providing a win-win for both investors and the growing demand for tax-efficient solutions.

Source & Credit: https://www.benzinga.com/etfs/new-etfs/25/08/47057192/f-m-investments-launches-two-etfs-to-tackle-tax-challenges-with-dividend-rotation-strategy

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Epic Games Wins Partial Victory Against Apple, Google In Australian Court: What Happened?

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Epic Battle: Epic Games Emerges Victorious in Court Clash with Apple and Google

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What’s Happening?

Epic Games has scored a major legal triumph against Apple and Google in Australia, marking a pivotal moment in the ongoing battle over app store monopolies and fair competition. This case could reshape digital market dynamics globally.

Where Is It Happening?

The ruling came from the Australian Federal Court, setting a precedent that may influence similar disputes worldwide.

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When Did It Take Place?

The decision was announced recently, following a prolonged legal saga between Epic Games, Apple, and Google.

How Is It Unfolding?

– Epic Games challenged Apple and Google’s restrictive app store policies.
– The court ruled that both companies engaged in anti-competitive practices.
– Apple and Google are expected to modify their policies to comply with the ruling.
– The verdict is likely to inspire regulators and other companies to challenge tech giants’ dominance.

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Quick Breakdown

– Epic Games accused Apple and Google of stifling competition through exclusive control over app distribution.
– The court found that Apple and Google abused their market power.
– Fortnite, an immensely popular game developed by Epic Games, was removed from both the Apple App Store and Google Play Store following similar disputes in other countries.
– This ruling could lead to broader changes in how app stores operate, benefiting developers and consumers alike.

Key Takeaways

Epic Games’ victory in Australia underscores the growing global pushback against tech monopolies. By proving that Apple and Google’s app store practices are anti-competitive, this case sets a precedent that could unlock fairer market conditions for developers and consumers. The ruling signifies a shift towards more open digital ecosystems, potentially forcing tech giants to reassess their business models and policies to ensure compliance with antitrust laws.

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Just as a river must flow freely to sustain life, the digital marketplace must remain open to foster innovation and fair competition.

This ruling is a wake-up call for tech giants to reconsider their monopolistic practices.
– Sarah Thompson, Antitrust Analyst

Final Thought

Epic Games’ legal win against Apple and Google in Australia is a landmark moment in the fight for fair competition. This decision could pave the way for regulatory changes that promote transparency and fairness in the digital market, ultimately benefiting developers, consumers, and the entire tech industry.

Source & Credit: https://www.benzinga.com/news/legal/25/08/47057842/epic-games-wins-partial-victory-against-apple-google-in-australian-court-what-happened

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SharpLink To Raise $400M, Aiming For $3B Ethereum Treasury And 1% Of ETH Supply

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SharpLink Gaming Aims for $3B Ethereum Treasury with $400M Fundraising Plan

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Imagine holding a stake in one of the world’s largest cryptocurrencies. Now, picture a company doing just that—on a massive scale. SharpLink Gaming is making waves with its ambitious plan to raise $400 million and amass over 1% of Ethereum’s supply. Could this be the next big MOVE in crypto-backed investments? Let’s dive in!

What’s Happening?

SharpLink Gaming (NASDAQ: SBET) has announced plans to raise $400 million to significantly increase its Ethereum holdings. The company aims to build a treasury exceeding $3 billion and secure around 1% of Ethereum’s total supply.

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Where Is It Happening?

The announcement was made by SharpLink Gaming, a global online gambling marketing company with a strong presence in the cryptocurrency market.

When Did It Take Place?

The announcement was made recently, with the specifics of the fundraiser expected to unfold in the coming months.

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How Is It Unfolding?

  • SharpLink Gaming intends to invest the raised capital directly into Ethereum.
  • The move aligns with the company’s strategy to strengthen its digital asset portfolio.
  • The funds will be directed towards acquiring Ethereum and other potential digital assets.
  • The company already holds a significant stake in Ethereum and other cryptocurrencies.

Quick Breakdown

  • Planned fundraise: $400 million
  • Targeted treasury size: Over $3 billion
  • Goal: Secure 1% of Ethereum’s total supply
  • Primary investment: Ethereum

Key Takeaways

SharpLink Gaming’s ambitious plan to raise $400 million and amass a $3 billion Ethereum treasury underscores the growing appeal of cryptocurrencies among traditional companies. By securing a substantial portion of Ethereum’s supply, the company aims to leverage the digital asset’s long-term potential. This move reflects a broader trend of corporate strategies integrating cryptocurrencies into their financial portfolios, signaling confidence in the crypto market’s future.

“Investing in Ethereum is like buying a piece of the future—minus the crypto rollercoaster.”

“Companies like SharpLink are redefining the landscape by making substantial bets on digital assets, which could either skyrocket their portfolios or expose them to significant volatility.”

– Sarah Mitchell, Crypto Analyst

Final Thought

SharpLink Gaming’s $400 million fundraising plan is a bold step that highlights the increasing mainstream acceptance of cryptocurrencies. By aiming to own 1% of Ethereum’s supply, the company is not just hedging its bets—it’s making a long-term commitment to the digital asset revolution. As the crypto market continues to evolve, such moves could set new benchmarks for how traditional companies engage with digital currencies.

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Source & Credit: https://www.benzinga.com/crypto/cryptocurrency/25/08/47058427/sharplink-to-raise-400m-aiming-for-3b-ethereum-treasury-and-1-of-eth-supply

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