Corporate Bitcoin holdings remain highly concentrated in the US 🇺🇸

Strategy alone holds 780.9K BTC

Next largest holders: 43.5K, 38.7K, 30.0K BTC

Even major players like Coinbase and Riot hold far less

RoW remains far more fragmented. Who drives the next wave of corporate BTC adoption? Leverage Shares offers 3x Long and -3x Short Bitcoin ETPs.

What countries hold the most gold?

The USA holds 8,133 tonnes of gold reserves - nearly equivalent to Germany, Italy, and France combined.

Central banks bought over 1,000 tonnes of gold annually from 2022 to 2024, while the gold price surged over 60% in 2025.

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Tim Cook steps down as Apple's CEO after 15 years to become Apple Executive Chairman.

John Ternus will become the new CEO.

$AAPL fell about 1% in after-hour trading.

Geopolitical shocks tend to hit markets fast, but history shows recovery often follows.

The S&P 500 typically dips after major events before stabilising and moving higher over time.

Short-term volatility, long-term resilience.

How are you positioning?

🍏 Apple's two iconic CEOs

Steve Jobs (1997-2011): Turned Apple into a $347.2B giant.

Stock up from $0.2 to $11.2 (+5,500%).

Tim Cook (2011-2026): Built a $4 trillion company. Stock up +2,277% to $266.

On September 1, 2026, a new CEO steps in. Will Apple keep its momentum?

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UnitedHealth Group - Q1'26 Earnings Highlights:

✅ Revenue: $111.72B vs $109.66B est. (+2% YoY)
✅ Adj. EPS: $7.23 vs $6.6 est.

$2B+ buyback by end of Q2 '26

UNH went up ~7% on the day, hitting its highest level since October 2025.

Leverage Shares 3x Long UNH ETP (UNH3) surged ~21%.

Results suggest improving stability in the health insurance sector.

Why do some automakers trade at a premium?

◾ Tesla and Ferrari stand out on market cap per employee
◾ Tech and luxury narratives drive higher valuations
◾ Most peers still priced like traditional manufacturers

Efficiency tells one story. Positioning tells another.

Tesla Q1 2026 shows a clear divergence

Production: 408,386

Deliveries: 358,023

Gap: +50,363 vehicles

After peak deliveries in recent quarters, momentum is softening while inventory builds.

Trend worth watching into the next quarters.

The world’s largest oil & gas companies by revenue.

From Saudi Aramco at the top to US and European majors, the global energy landscape remains highly concentrated.

Middle East leadership

Asia scale

Strong presence from US and European majors

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Every major crash since 1996 followed a similar pattern:

S&P500 hits a new high, the yield curve inverts and recovers, the Fed cuts rates, and the market falls.

Dot-com crash, 2008 Financial crisis, Pandemic.

In 2026, the Yield curve has exited a deep inversion, the Fed has been slowly cutting rates.

Is this time different?

The global payments race isn’t one-dimensional.

Visa leads on scale, with the largest projected revenue base

Mastercard follows as a strong scaled operator

PayPal trails on both growth and size

Circle stands out with hyper-growth, but from a smaller base

Different business models. Different growth paths.

Which one matters more: scale or growth?

Visa reports fastest revenue growth since 2022

Q2 FY26 Net Revenue: $11.2B, +17% YoY

Net Income: $6B, +32% YoY

EPS: $3.31, +20% YoY

The standout - Other Revenue surged 41% YoY due to the firm's expansion in value-added services and its Visa as a Service stack.

The board authorized a $20B buyback.

The stock rallies.

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Apple is taking a different route in AI.

While hyperscalers are scaling toward $150B–$230B in annual spend by 2030E, Apple remains around $18B.

Different approach. Different priorities.

Amazon ~ $233B

Google ~ $223B

Meta ~ $166B

Microsoft ~ $165B

Apple ~ $18B

💰 Berkshire Hathaway’s cash pile reached a record $397B in Q1 2026.

That is now larger than the entire market cap of companies like Palantir and nearly 8x the size of Coinbase.

Buffett continues to sit on one of the biggest cash reserves in market history.

🪙 Public companies now hold more than 1.2M BTC worth around $100B, with governments controlling another 619K BTC.

Bitcoin adoption is no longer just retail-driven. Corporations, sovereigns, and institutions are shaping the market structure.

Strategy alone holds 818.3K BTC, while the U.S. government remains the largest sovereign holder.

Moderna (MRNA) surged on hantavirus vaccine research.

Could renewed vaccine momentum become the next major catalyst for biotech stocks?

Not all rallies are broad rallies.

The S&P 500 is up +8.2% in 2026, but beneath the surface the divergence has been extreme.

- 99 stocks are up more than 20%
- 100 stocks are trading within ±5%
- 63 stocks are down at least 20%

Some of the biggest movers so far:

- SanDisk +539.4%
- Intel +230.7%
- AMD +107.9%
- Palantir -24.0%

This has become a market of stock pickers rather than index followers.

From CUDA to ChatGPT, NVIDIA’s rise has mirrored every major wave in modern computing.

Now, optimism around US-China AI chip talks is pushing the company to a new record market cap of $5.6T.

Can the AI boom keep powering the next leg higher for NVDA?

Despite overseeing a $263B equity portfolio, Warren Buffett continues to bet heavily on a surprisingly small number of companies.

Warren Buffett’s portfolio remains highly concentrated, with Apple still representing the largest position at 22% of Berkshire Hathaway’s disclosed equity holdings in Q1 2026.

American Express and Coca-Cola continue to rank among the firm’s core long-term positions, while financials and energy maintain a significant weighting across the portfolio.

Top holdings by value:
◾ Apple ($AAPL): $57.8B
◾ American Express ($AXP): $45.8B
◾ Coca-Cola ($KO): $30.4B
◾ Bank of America ($BAC): $25B
◾ Chevron ($CVX): $17.5B


Total disclosed equity portfolio value reached approximately $263.1B in Q1 2026.

What stands out most is Buffett’s continued preference for high-conviction concentration over broad diversification, with the top five positions accounting for the majority of the portfolio.

#MarketingCommunication

Bill Ackman’s Pershing Square stayed highly concentrated in Q1 2026, with just five positions making up over 70% of the portfolio.

Top holdings included:
◾ Brookfield – 18%
◾ Amazon – 17%
◾ Uber – 16%
◾ Microsoft – 15%
◾ Restaurant Brands – 12%

Total reported 13F AUM: $13.71B.

Intel made up over half of Nvidia’s public equity portfolio in Q1 2026, with the chip giant also holding sizable stakes in CoreWeave, Synopsys, Coherent Corp, and Nokia.

The full portfolio reached $18.37B in value, highlighting Nvidia’s exposure across semiconductors, AI infrastructure, and telecom.

Which holding surprises you most?