Kanga Collective

Recent News

Fidelity AUM Nears $8T Riding ‘Perfect Storm’ of Retail Investors

Photo by FinkAvenue via iStock

1 min read
Disney Embraces Fan Content in Groundbreaking TikTok Deal

Photo via Bryan Smith/ZUMAPRESS/Newscom

2 min read
Uber Promises to Spend $10 Billion On Robotaxis as Growth Disappoints Investors

Photo via Kazuki Oishi/Sipa USA/Newscom

2 min read

JUST FOR FUN

Kanga Collective

This kangaroo sanctuary in Central Australia rescues orphaned baby joeys, introduces visitors to each one, and even offers guided tours pic.twitter.com/U8goYZdbT3
— Dudes Posting Their W’s (@DudespostingWs) August 3, 2026

Photo via IMAGO/Kobe Li/IMAGO/Nexpher Images/Newscom

Hedge Funds

Citadel’s Flagship Fund Delivers Standout Gains After Buying Situational’s Distressed Book

Snapping up most of Situational Awareness’s public equities portfolio proved a near-immediate coup for Citadel, whose flagship fund rose 5.9%.

2 min read
Photo by Getty Images via Unsplash

Advisor Upside

Client Withdrawals Can Outpace Organic Growth if RIAs Aren’t Careful Enough

RIAs lose 2% to 5% of their AUM annually through client withdrawals, but they’re also averaging just 3% to 4% in organic growth each year.

2 min read

Photo by Ken Lund via CC BY-SA 2.0

ETF Upside

Blackrock’s Treasury Fund TLT Falls to 22-Year Low

Rising yields on long-term Treasurys pushed the largest long-term bond fund, iShares 20+ Year Treasury Bond ETF (TLT), to a 22-year low.

2 min read
Photo via IMAGO/Zoonar/Marvin Samuel TOLENTINO-PINEDA/IMAGO/Zoonar/Newscom

Consumer

McDonald’s Appoints New US President to Turn Around Sluggish Sales

McDonald’s has appointed a new US chief to revitalize the flagging performance of its American restaurants, where inflation has cut sales.

2 min read

Photo by Getty Images via Unsplash

ETF Upside

Get Ready for More SpaceX in ETF Orbits

Following the company’s earnings call yesterday, a stock lockup expiring tomorrow could flood the market with more shares.

2 min read
Photo via JOHN ANGELILLO/UPI/Newscom

Markets

S&P Hits Record High as 86% of Members Blow Past Wall Street Forecasts

About 86% of reporting S&P 500 companies exceeded consensus earnings-per-share estimates in Q2, but plenty of pitfalls may stymie performance.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.