Big investors are buying this “unlisted” stock
When the founder who sold his last company to Zillow for $120M starts a new venture, people notice. That’s why the same VCs who backed Uber, Venmo, and eBay also invested in Pacaso.
Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties, revamping the $1.3T vacation home market.
And it works. By handing keys to 2,000+ happy homeowners, Pacaso has already made $110M+ in gross profits in their operating history.
Now, after 41% YoY gross profit growth last year alone, they recently reserved the Nasdaq ticker PCSO.
Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.
Summit Anticipation
Global markets are closely watching the upcoming summit between U.S. President Donald Trump and Russian President Vladimir Putin in Anchorage, where a ceasefire in Ukraine is prioritized. This key meeting holds significant implications for international relations and could impact sanctions against Moscow, directly influencing global energy markets.
Ahead of the talks, oil prices edged up, with U.S. benchmark crude rising to $62.88 and Brent crude to $65.88, reflecting geopolitical uncertainty. Meanwhile, global markets showed mixed sentiment; U.S. stock futures saw minor dips, while European indices like Germany's DAX and France's CAC 40 recorded modest gains, despite Britain's FTSE 100 remaining flat.
Berkshire's Shifting Portfolio
Warren Buffett's Berkshire Hathaway has made notable adjustments to its investment portfolio in the second quarter of 2025. The conglomerate continued to reduce its stake in Apple, selling 20 million shares, though the tech giant still constitutes roughly 22% of Berkshire's total holdings, maintaining its position as the largest individual stock. Concurrently, Berkshire Hathaway initiated a significant new position, acquiring 5 million shares of UnitedHealth Group, a move valued at approximately $1.6 billion, signaling a strategic shift towards a battered healthcare stock.
This investment in UnitedHealth Group (UNH) comes despite the healthcare insurer facing considerable headwinds, including a sharp decline in its stock price and a Department of Justice investigation into its billing practices. The company has also contended with criticism over its approval processes and a suspension of financial guidance. However, UnitedHealth Group remains the largest health insurer in the U.S., and Buffett's acquisition reflects a characteristic value investing approach, betting on the long-term recovery and inherent strength of a market leader currently trading at a low valuation.
Tech CEO Brian O’Kelley sold AppNexus for $1.6 billion, retaining under $100 million and donating the rest, citing his belief against excessive wealth and desire for normalcy and accountability.
Gen Z CEO Steven Wang launched dub, a copy-trading platform, to combat financial illiteracy by enabling users to mirror vetted professional investors.
AI agents are anticipated to alleviate finance workforce shortages, with 76% of finance professionals and most Gen Z individuals expressing optimism about their integration.
Bytes Technology Group's £25 million share buyback program led to a 7% stock increase, positively influencing the FTSE 250 mid-cap index.
The Swiss economy is projected to face a short, shallow recession in the latter half of the year, driven by rising US trade tariffs affecting exports and investment.
Online fashion retailer Shein's UK sales have surged past £2 billion, overtaking Boohoo and nearing Asos, with profits increasing by 56%.
Cryptocurrency Market Dynamics Unfold
Bitcoin recently approached a record high, touching $124,000, but swiftly retreated to $117,600, filling a CME gap. This volatility stemmed from hotter-than-expected Producer Price Index (PPI) inflation data and reports of a U.S. policy shift regarding strategic reserve bitcoin purchases. Notably, the magnitude of price pullbacks following new all-time highs has consistently diminished throughout 2025, suggesting a more resilient market structure.
Looking ahead, market participants keenly await the upcoming U.S. retail sales report, which could significantly influence expectations for a September interest rate cut. Furthermore, the end of August marks a crucial period with a substantial $12 billion in Bitcoin options set to expire on Deribit. A high concentration of open call options between $120,000 and $124,000 strike prices indicates potential for heightened market activity around these levels.
Despite this broader market volatility, spot Bitcoin and Ether exchange-traded funds (ETFs) continue to attract substantial investor capital. Data from Farside Investors reveals robust daily net inflows, with Bitcoin ETFs securing $230.8 million and Ether ETFs drawing an impressive $639.6 million. These sustained inflows have propelled cumulative holdings to approximately 1.29 million BTC and 6.27 million ETH, underscoring enduring interest in regulated crypto investment vehicles.
The performance of crypto-related equities presented a mixed picture. Bullish (BLSH) led the gains with a notable 9.75% increase, while Riot Platforms (RIOT) and the CoinShares Valkyrie Bitcoin Miners ETF (WGMI) also posted solid positive movements. Conversely, Circle (CRCL) experienced a significant decline of 9.1%, and major players like Strategy (MSTR) and Coinbase Global (COIN) closed lower, reflecting a nuanced sentiment across the digital asset sector.
Memecoins Eyeing Significant Upswing in Bull Market
The current crypto bull market is drawing attention to memecoins, with Dogecoin (DOGE), Pepe (PEPE), and Pudgy Penguins (PENGU) showing notable potential for gains. These digital assets are exhibiting bullish technical patterns, suggesting a possible surge as market momentum builds. Traders are closely monitoring their performance for opportunities within this high-risk, high-reward segment.
Dogecoin, the leading memecoin, has maintained a steady uptrend since June, with analysts observing its approach to key Fibonacci extension levels on weekly charts. This trend suggests further upward movement, provided it surpasses previous swing highs. Similarly, Pepe's price action appears to be forming an ascending triangle, a bullish continuation pattern that could lead to a significant measured move if resistance breaks.
Pudgy Penguins (PENGU) has already experienced substantial growth, now exhibiting a bull pennant formation on its daily chart. This pattern, if it breaks to the upside, could see its price double. While PEPE and PENGU offer high-reward prospects, Dogecoin remains a prominent focus, partly due to speculative discussions around its potential future adoption by Elon Musk on the X platform.
Do Kwon pleaded guilty on August 12, 2025, a development Kelman Law suggests will significantly impact global crypto markets.
The Bank Policy Institute warns that loopholes in the GENIUS Act regarding stablecoin yields could jeopardize the U.S. banking sector by attracting deposits away from traditional banks.
South Korea's Dunamu and Vietnam's MB Bank are partnering to launch Vietnam's first licensed crypto exchange, following recent legislation legalizing digital assets in the country.
US Treasury Secretary Scott Bessent clarified the nation's Bitcoin reserve strategy, confirming the use of forfeited Bitcoin and exploring budget-neutral expansion, with Senator Cynthia Lummis backing her 'BITCOIN Act' for funding.
Ethereum's price is predicted to surge to $15,000, driven by increased institutional buying, President Trump's holdings, growing interest in Spot Ethereum ETFs, and favorable pro-crypto legislation.
