Wednesday, July 1st.
A research platform for lifelong students and investors — live markets, SEC filings, and over four hundred free lessons.
LEDGE FACTConvexity measures the curvature in the price-yield relationship - it improves the duration estimate for large rate moves
Today's headlines
Anthropic says Trump admin has lifted export controls on Claude Fable 5 and Mythos 5 (CNBC Top News)
Vimeo Parent Bending Spoons, Backers Raise $1.68 Billion in IPO (Bloomberg)
Start with a lesson
No account needed — the lessons are free. Begin with how the market actually works, in plain English, a few minutes at a time.
BDC universe
Most-held borrower across BDCs: Kaseya Inc. — IT Services (11 BDCs report exposure).
Today's reading
13F: How Institutional Investors Disclose Holdings.
13F holdings
ValueAct Holdings opened a new ~$303M position in Kkr & Co (KKR).
Third Point opened a new ~$51M position in Meta Platforms (META).
Markets
S&P 500 — up 0.78% on the day.
What’s new
- FDIC call-report financials on bank stock pagesOpen a major bank ticker for an FDIC Regulatory View — assets, deposits, NIM, ROA, efficiency and Tier-1 capital from its quarterly call report. Free, public-domain FDIC data.
- See exactly what grounds every AI answerEach Ask AI answer now carries a grounding badge, every citation reveals its source excerpt on hover, and gains and losses are color-coded - judge any answer at a glance.
- Embed Oxford Ledge widgets on your siteAdd a free ticker card, lesson card, or Value Creation Score to your website or newsletter — one line of HTML, no account or API key needed.