Yesterday, VOO, the Vanguard S&P 500 ETF, surpassed $1 trillion dollars in assets. The first ETF to hit this milestone.
IVV and SPY are in second and third place; they are all S&P 500 tracker ETFs.
@EricBalchunas@JSeyff@DaveNadig
BREAKING: The S&P 500 closes at its highest level on record and posts a 9-week win streak for the first time since 2023.
This puts the S&P 500 up +20.1% since the March 30th low, adding +$11.4 TRILLION in market cap in 2 months.
🛢️top 5 world’s largest shale oil reserve
🇷🇺 Russia: 74.6B barrels, technology locked out by sanctions
🇺🇸 United States: 74.4B barrels, advanced development, accelerating
🇨🇳 China: 32.2B barrels, initial production, cut off from Western services
🇦🇷 Argentina: 27.0B barrels, Vaca Muerta, commercial development
🇱🇾 Libya: 26.1B barrels, early development, political instability
Russia and the US have virtually identical reserves.
The difference is everything after the geology.
The US built the technology, the supply chain, and the capital markets to unlock it.
Sanctions have now locked Russia out of the Western oilfield services it needs to do the same.
China at 32.2 billion barrels faces the same problem differently developing tight rock at scale requires exactly the Western technology Beijing is being decoupled from.
Argentina's Vaca Muerta is the most interesting number on this map.
27 billion barrels in commercial development, US operators moving in, infrastructure catching up.
A major oil exporter in the making.
The shale revolution wasn't about finding the oil.
Every major economy has the oil.
It was about building the industrial system to extract it cheaply, at scale, repeatedly.
Only one country has fully done that.
Do not miss my latest article on the big oil bet in Argentina.
Link in the comments 👇
The explosion of agentic AI and compute shortages are pushing up prices: Average LLM token costs are now $2.12/mil tokens,+12% this week alone and +65% since end of Feb.
Resultados Q1 2026 - A3 Mercados 📊
Iniciamos el año con un sólido desempeño operativo.
Compartimos los principales indicadores presentados en nuestra reciente reunión informativa para inversores:
🔹 EBITDA: USD 12,7M (+42% YoY).
🔹 Dividendos: $121,82 por acción distribuidos en abril, correspondientes al ejercicio irregular 2025 de 6 meses.
Destacamos el fuerte crecimiento en volúmenes operados:
✅ REPO (+585,7%)
✅ Cauciones (+15,7%)
✅ FyO Dólar (+33,4%)
✅ FyO Agro (+7,4%)
🔎 Presentación completa y más info en nuestra web de Relación con Inversores:
👉 https://t.co/kUP31Zs4wV
👉 https://t.co/ZJdDUwAjIn
Creamos mercados para el desarrollo del país.
#A3Mercados #Resultados #Finanzas
ETFs have passed $700b in YTD to flows. If the year ended right now it would be 4th best ever. Good shape to break last yr's $1.5T record. Here's the Top 20 Best Sellers. Semi-shock that DRAM on list and IVV isn't.