Daily Brief Financials: Nikkei 225, EAAA India Alternatives Ltd, Bitcoin, S&P 500 INDEX, Intercontinental Exchange, Marsh & Mclennan, Moon River Capital , Goosehead Insurance Inc and more

• The Nikkei 225 Index continues its going nowhere trend: there is a pattern however in what it does and it’s quite repetitive as of lately.
• While we don’t attribute predictive value to chart patterns, we do know that a flat trend sooner or later breaks out.
• Our models see limited upside for the current range-bound mini rally (2 weeks in the making). Next we will have a pullback, and it could happen already after this week.

• EAAA India Alternatives Ltd (1619210D IN) (EAAA) is planning to raise about US$177m through its upcoming India IPO. The lead bookrunners for the deal are Axis Capital, Jefferies, Motilal Oswal, Nuvama.
• EAAA is a fund management house with a diversified, multi-strategy platform in large, under-tapped, and fast-growing alternative asset classes, focusing on providing income and yield solutions to its clients.
• As per CARE report, EAAA is one of the leading alternatives platforms in India, in terms of assets under management (AUM) of INR572.62bn (US$6.7bn) as of Sept 24.

• Discussion of ins and outs of option pricing and market risk
• Examples of price volume spirals in meltdown and melt up scenarios
• Exploration of value and instability in market dynamics

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Trump is gradually building a team to “make America great again” in the crypto space—a move that certainly cannot come soon enough.
• The most significant news from the past week includes the following highlights.
• Trump Names David Sacks as White House AI and Crypto Czar’ at Bloomberg

• Not so Outrageous Commodity Predictions Saxo Bank published their annual “outrageous predictions” for 2025.
• I actually found a few theses that I don’t even find that outrageous in its directionaly.
• For example: “The crypto market quadruples to more than USD 10 trillion, the US dollar falls 20% against major currencies and 30% versus gold.

• Intercontinental Exchange, Inc. (ICE) reported record results for the third quarter of 2024, underscoring strong performance across its diverse business segments.
• The company achieved record net revenues of $2.3 billion, marking an increase boosted by both transaction and recurring revenues.
• Notable growth came from its recent acquisition of Black Knight, contributing to a 7% increase in total pro forma revenue compared to the previous year.

• Marsh & McLennan Companies (MMC) delivered a solid financial performance in the third quarter of 2024, continuing its positive growth trajectory.
• The company achieved underlying revenue growth of 5%, supported by strong execution in Risk and Insurance Services (RIS) and Consulting.
• Adjusted operating income increased by 12%, and the adjusted operating margin expanded by 110 basis points, reflecting effective cost management and operational efficiency.

• What you need to know: • Moon River provided a review of its 2024 milestones as well as an outlook for an exciting 2025.
• • 2024 was a busy year for the Company, publishing a PEA on the Davidson Project and acquiring its interest in the Endako Mine.
• • MOO is setup for an active 2025 with several major catalysts planned, including an updated mineral resource estimate and an updated PEA.

• GSHD is a home and auto insurance broker with a mixed corporate and franchised model
• GSHD earns commissions on policy sales through distribution agreements with insurance companies
• Recent quarters have shown significant growth slowdown, leading to concerns about sustainability of franchise model due to high franchisee churn rates

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.