What Is Capitol Trades? The Website Providing Insights Into Politician Trading Activity
The financial decisions of Congress members have always sparked public curiosity, particularly their stock market activities. With politicians often privy to information that could influence market movements, transparency regarding their trading patterns has become increasingly crucial for both everyday investors and the public.
This article examines Capitol Trades, a platform that provides detailed insights into congressional trading activities. We'll examine how this website operates, what information it provides, and whether it serves as a reliable resource for tracking politicians' investments and understanding potential market implications.
Capitol Trades is a free online platform that tracks and displays stock market transactions made by U.S. senators and representatives. The website was created by 2iQ Research, a Frankfurt-based company specializing in insider trading data, and officially launched in August 2021 under the leadership of founder Robert Hable.
The platform emerged as a response to the 2012 STOCK Act, which requires members of Congress to disclose their stock trades publicly. While this information has technically been available to the public, it was often buried in complex government filings that were difficult for ordinary citizens to access and interpret. Capitol Trades transformed this raw data into an accessible, searchable format that anyone can use to monitor congressional trading activity.
Capitol Trades operates by collecting and processing financial disclosure reports that Congress members are legally required to file. The platform sources its data directly from official government filings, ensuring that all information comes from verified, public records rather than speculation or rumors.
The website's mission centers on promoting transparency in government by making politicians trading data easily accessible to the general public. By aggregating and organizing this information, Capitol Trades eliminates the need for users to navigate complex government databases or decode technical financial documents.
The platform updates its database regularly as new disclosure reports become available; however, delays may occur due to the reporting requirements themselves. Congress members have up to 45 days to report their trades, which means the most recent transactions may not appear immediately on the platform.
Capitol Trades offers several distinctive features that make politician trading data accessible and actionable for users seeking transparency and investment insights.
Each Congress member has a dedicated profile page that provides comprehensive information beyond just their trading activity. These profiles include biographical details, committee memberships, recent tweets and complete trading histories organized chronologically. Users can view a politician's preferred sectors, most frequently traded stocks and overall trading patterns.
The profile pages also display performance metrics, allowing users to see how well a particular politician's trades have performed over time. This feature helps users identify which Congress members might have the most successful track records in the stock market and understand their investment strategies.
The platform provides near real-time updates as new congressional trading disclosures become available. Users can view the most recent trades across all politicians or filter for specific individuals they want to monitor. This feature ensures that users stay informed about the latest congressional trading activity without needing to check government databases manually.
The real-time aspect is particularly valuable for investors who want to spot emerging trends or identify stocks that are attracting attention from multiple Congress members. By staying current with these disclosures, users can identify investment opportunities or market movements before they become widely known.
Capitol Trades includes robust filtering capabilities that allow users to search and sort trading data by multiple criteria. Users can filter by date ranges, political party affiliation, specific politicians, stock symbols, trade types (buy or sell), committee memberships and even by state representation.
These filters enable targeted research, such as identifying which Republicans are investing in tech stocks or tracking how members of the Banking Committee are positioning their portfolios. The search functionality transforms a massive database of transactions into manageable, relevant information tailored to each user's specific interests.
Capitol Trades presents comprehensive trading metrics, including transaction dates, stock symbols, trade values and whether the transaction was a purchase or sale. The platform also provides context around each trade, such as the politician's committee assignments and recent legislative activities that might relate to their trading decisions.
Users can access performance analytics that show how individual trades and overall portfolios have performed since the transactions occurred. The website also tracks trading volume data, identifying the most actively traded stocks among Congress members and highlighting unusual trading patterns that might warrant further investigation.
Capitol Trades strongly advocates for increased transparency in political trading, positioning itself as a tool for democratic accountability. The platform's creators believe that sunlight serves as the best disinfectant for potential conflicts of interest, and they've designed their service to make congressional trading data as accessible as possible to ordinary citizens.
The website regularly references the STOCK Act and its disclosure requirements, emphasizing how this legislation was designed to prevent insider trading among government officials. Capitol Trades views its role as making these legal requirements more meaningful by ensuring the public can access and understand the disclosed information.
The platform has also supported various legislative proposals that would strengthen trading disclosure requirements or impose additional restrictions on congressional trading. Their stance reflects a belief that current transparency measures, while helpful, could be improved to serve the public interest better.
Capitol Trades faces several inherent limitations due to the nature of congressional reporting requirements. The most significant issue is reporting delays, as politicians have up to 45 days to disclose their trades, meaning the data does not reflect real-time transactions but rather transactions that occurred weeks or months earlier.
Accuracy concerns occasionally arise because the platform relies on politicians to accurately file their disclosure forms. Errors in the original filings, whether intentional or unintentional, can result in inaccurate information being displayed on Capitol Trades. The platform cannot independently verify the accuracy of reported trade values or dates.
There's also potential for users to misinterpret the information, particularly regarding causation versus correlation. Just because a politician trades a particular stock doesn't necessarily mean they have inside information, and following political trades without proper due diligence can lead to poor investment decisions.
Capitol Trades primarily appeals to retail investors seeking additional data points for their investment research, rather than professional traders looking for immediate market advantages. The platform is best suited for investors who have the time to analyze trends and patterns, rather than those seeking quick trading opportunities.
The service is particularly beneficial for investors interested in long-term market trends and those seeking to understand how political developments may impact various sectors. Educational investors seeking to understand market dynamics and the intersection of politics and finance also find significant value in the platform's comprehensive data presentation.
Bottom Line
Capitol Trades serves as a valuable transparency tool, making congressional trading data accessible to the general public. While the platform has limitations around data delays and accuracy, it successfully transforms complex government filings into understandable information that can inform both investment decisions and civic engagement. For investors seeking additional market insights and citizens interested in government accountability, Capitol Trades provides a free, comprehensive resource for tracking how elected officials invest their money. For other apps that also track politician portfolios, check out Autopilot or Dub.
Is Capitol Trade Free To Use?
Yes, Capitol Trades is entirely free to use and doesn't require registration or payment to access any of its features.
Can You Trust The Data On Capitol Trades?
The data comes from official government filings, making it as reliable as the original congressional disclosure reports, though reporting delays and filing errors can affect accuracy.
How Often Is The Information Updated?
The platform updates regularly as new congressional disclosure reports become available, typically within days of official filing.
Does Capitol Trades Cover International Politicians?
No, Capitol Trades focuses exclusively on U.S. senators and representatives and doesn't track international political figures.
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As of Aug. 1, S&P 500 firms are tracking for 10.3% earnings growth for Q2. If that rate holds, it will mark the third straight quarter of double-digit earnings growth for the index. Investors are still waiting to hear from the remaining third of companies, however. On deck next week are results from AMD (AMD), Snap (SNAP), McDonald's (MCD), Disney (DIS), Uber (UBER), Lyft (LYFT), and more. Here's a look at the earnings calendar for the next five business days: Monday: BioNTech (BNTX), Hims & Hers (HIMS), Palantir (PLTR) Tuesday: AMD (AMD), Amgen (AMGN), BP (BP), Caterpillar (CAT), Duke Energy (DUK), DuPont (DD), Lemonade (LMND), Marathon Petroleum (MPC), Marriott (MAR), Opendoor (OPEN), Pfizer (PFE), Rivian (RIVN), Snap (SNAP), Super Micro Computer (SMCI), Toast (TOST) Wednesday: Airbnb (ABNB), Disney (DIS), DraftKings (DKNG), Dutch Bros (BROS), e.l.f. (ELF), Joby Aviation (JOBY), Lyft (LYFT), McDonald's (MCD), Novavax (NVAX), Occidental Petroleum (OXY), Shopify (SHOP), Sunrun (RUN), Uber (UBER), Zillow Group (Z) Thursday: Atlassian (TEAM), Block (XYZ), Celsius Holdings (CELH), Crocs (CROX), Eli Lilly (LLY), Hertz (HTZ), Instacart (CART), Intuitive Machines (LUNR), Papa John's (PZZA), Peloton (PTON), Pinterest (PINS), Rocket Lab (RKLB), Texas Roadhouse (TXRH), Sweetgreen (SG), Warner Bros. Discovery (WBD), Wynn (WYNN), Yeti (YETI) Friday: Under Armour (UAA), fuboTV (FUBO) Big Tech quarterly results show greater willingness to spend on AI Recent quarterly results from Amazon (AMZN), Alphabet (GOOGL, GOOG), Microsoft (MSFT), and Meta (META) showed Big Tech is still ready to spend hefty sums on artificial intelligence. As the chart below shows, the four tech firms plan to spend $364 billion cumulatively in their fiscal 2025 years. Yahoo Finance's Laura Bratton breaks down Big Tech's AI spending spree: Read more here. Recent quarterly results from Amazon (AMZN), Alphabet (GOOGL, GOOG), Microsoft (MSFT), and Meta (META) showed Big Tech is still ready to spend hefty sums on artificial intelligence. As the chart below shows, the four tech firms plan to spend $364 billion cumulatively in their fiscal 2025 years. Yahoo Finance's Laura Bratton breaks down Big Tech's AI spending spree: Read more here. Colgate-Palmolive beats quarterly estimates on steady demand for essentials Colgate-Palmolive (CL) stock rose on Friday after the Softsoap maker beat first quarter sales and profit estimates. Despite rising prices and tariffs, consumers continued to purchase essential personal care products, the company said. Colgate reported adjusted profit of $0.92 per share, above analysts' estimates of 90 cents per share, according to data compiled by LSEG. Quarterly net sales reached $5.11 billion, beating estimates of $5.03 billion. Reuters reports: Read more here. Colgate-Palmolive (CL) stock rose on Friday after the Softsoap maker beat first quarter sales and profit estimates. Despite rising prices and tariffs, consumers continued to purchase essential personal care products, the company said. Colgate reported adjusted profit of $0.92 per share, above analysts' estimates of 90 cents per share, according to data compiled by LSEG. Quarterly net sales reached $5.11 billion, beating estimates of $5.03 billion. Reuters reports: Read more here. Regeneron beats second-quarter results estimates on Dupixent sales boost Regeneron Pharmaceuticals (REGN) stock rose more than 5% before the bell on Friday after beating Wall Street estimates for its second-quarter revenue and profit. The pharmaceuticals company was helped by robust demand for its blockbuster eczema product, Dupixent. Reuters reports: Read more here. Regeneron Pharmaceuticals (REGN) stock rose more than 5% before the bell on Friday after beating Wall Street estimates for its second-quarter revenue and profit. The pharmaceuticals company was helped by robust demand for its blockbuster eczema product, Dupixent. Reuters reports: Read more here. Moderna beats Q2 estimates, announces cost cuts and layoffs Moderna (MRNA) stock fell 5% in premarket trading on Friday after the company lowered its 2025 sales forecast on the top end to $1.5 billion to $2.2 billion. The vaccine maker's quarterly results were better than feared, however. Moderna's adjusted loss of $2.13 per share was smaller than the $2.97 a share loss expected. Revenue of $142 million dropped 41% year over year but also came in ahead of estimates of $112.9 million, per LSEG data. Reuters reports: Read more here. Moderna (MRNA) stock fell 5% in premarket trading on Friday after the company lowered its 2025 sales forecast on the top end to $1.5 billion to $2.2 billion. The vaccine maker's quarterly results were better than feared, however. Moderna's adjusted loss of $2.13 per share was smaller than the $2.97 a share loss expected. Revenue of $142 million dropped 41% year over year but also came in ahead of estimates of $112.9 million, per LSEG data. Reuters reports: Read more here. Chevron beats Wall Street profit estimates with record production Chevron (CVX) beat analyst estimates on Friday for second-quarter profit as record oil and gas production and lower capital expenditure helped the US oil producer boost earnings despite weaker crude prices. Chevron shares were flat in premarket trading. Reuters reports: Read more here. Chevron (CVX) beat analyst estimates on Friday for second-quarter profit as record oil and gas production and lower capital expenditure helped the US oil producer boost earnings despite weaker crude prices. Chevron shares were flat in premarket trading. Reuters reports: Read more here. Exxon beats profit estimates with higher production despite weak oil prices Shares in Exxon Mobil (XOM) rose more than 1% before the bell on Friday after the company beat Wall Street estimate for second-quarter profit as higher oil and gas production helped the top US oil producer overcome lower crude prices. Reuters reports: Read more here. Shares in Exxon Mobil (XOM) rose more than 1% before the bell on Friday after the company beat Wall Street estimate for second-quarter profit as higher oil and gas production helped the top US oil producer overcome lower crude prices. Reuters reports: Read more here. Amazon tosses a bone to the Fed chair Fed Chair Jerome Powell should read the Amazon (AMZN) earnings call transcript. Interesting call out by Amazon CEO Andy Jassy: I don't necessarily agree here, as many CEOs have told me they are hiking prices because of tariffs. But it's a good talking point from Jassy nonetheless. Fed Chair Jerome Powell should read the Amazon (AMZN) earnings call transcript. Interesting call out by Amazon CEO Andy Jassy: I don't necessarily agree here, as many CEOs have told me they are hiking prices because of tariffs. But it's a good talking point from Jassy nonetheless. How to think about Apple's quarter... We knew the tariff hit was coming on Apple (AAPL). It came, and it was ugly. The earnings call wasn't that eventful, mostly Tim Cook trying to soothe concerns that Apple will be a player in AI. I did like Apple was another tech player calling out an acceleration in their cloud business (similar to Microsoft (MSFT) and Alphabet (GOOGL). Overall, I like how the Evercore ISI summed things up this evening: "Apple delivered a better than expected quarter and the services growth and commentary around limited impact from the Epic ruling will chip away at part of the services bear case. Stock likely remains relatively range bound as we await the more impactful ruling on the Google revenue sharing deal." We knew the tariff hit was coming on Apple (AAPL). It came, and it was ugly. The earnings call wasn't that eventful, mostly Tim Cook trying to soothe concerns that Apple will be a player in AI. I did like Apple was another tech player calling out an acceleration in their cloud business (similar to Microsoft (MSFT) and Alphabet (GOOGL). Overall, I like how the Evercore ISI summed things up this evening: "Apple delivered a better than expected quarter and the services growth and commentary around limited impact from the Epic ruling will chip away at part of the services bear case. Stock likely remains relatively range bound as we await the more impactful ruling on the Google revenue sharing deal." Apple 'significantly growing' AI investments, sees $1.1 billion tariff hit in current quarter Apple (AAPL) executives offered some color on the iPhone maker's quarterly results Thursday and the outlook ahead amid tariffs and the impact of Google's antitrust lawsuit: Listen to the earnings call live here. Apple (AAPL) executives offered some color on the iPhone maker's quarterly results Thursday and the outlook ahead amid tariffs and the impact of Google's antitrust lawsuit: Listen to the earnings call live here. First Solar raises annual sales outlook, expects higher prices due to tariffs Reuters reports: Read more here. Reuters reports: Read more here. Strategy results show company buoyed by bitcoin in Q2 Strategy (MSTR) stock rose less than 1% after the company soared past estimates, lifted by a Q2 rally in bitcoin (BTC-USD). For the second quarter, the Michael Saylor-led firm reported cash and cash equivalents of $50.1 million, below Bloomberg consensus estimates for $1.11 billion. Diluted earnings per share were $32.60, versus estimates for a $0.03 per share loss, per S&P Global Market Intelligence. Revenue came in at $114 million. For the full year, Strategy expects operating income of $34 billion, net income of $24 billion, and diluted earnings per share of $80. As the largest corporate holder of bitcoin, crypto investors looked to the software maker's results as a bellwether for the crypto market. As of June 30, the company held approximately 597,325 bitcoins and achieved a year-to-date bitcoin yield of 25%. "Strategy has achieved a year-to-date BTC Yield of 25%, meeting our full year target well ahead of our initial timeline," the company said. "As a result, our BTC $ Gain now exceeds $13 billion, and the increase in the price of bitcoin in the second quarter drove second quarter operating income of $14 billion and Q2 diluted EPS of $32.60." Strategy (MSTR) stock rose less than 1% after the company soared past estimates, lifted by a Q2 rally in bitcoin (BTC-USD). For the second quarter, the Michael Saylor-led firm reported cash and cash equivalents of $50.1 million, below Bloomberg consensus estimates for $1.11 billion. Diluted earnings per share were $32.60, versus estimates for a $0.03 per share loss, per S&P Global Market Intelligence. Revenue came in at $114 million. For the full year, Strategy expects operating income of $34 billion, net income of $24 billion, and diluted earnings per share of $80. As the largest corporate holder of bitcoin, crypto investors looked to the software maker's results as a bellwether for the crypto market. As of June 30, the company held approximately 597,325 bitcoins and achieved a year-to-date bitcoin yield of 25%. "Strategy has achieved a year-to-date BTC Yield of 25%, meeting our full year target well ahead of our initial timeline," the company said. "As a result, our BTC $ Gain now exceeds $13 billion, and the increase in the price of bitcoin in the second quarter drove second quarter operating income of $14 billion and Q2 diluted EPS of $32.60." Apple reports earnings, revenue ahead of forecasts Apple reported results Thursday that beat forecasts on the top and bottom lines as the iPhone maker boasted about double-digit revenue growth across its iPhone, Mac, and Services businesses, as well as growth in all of its geographic segments. Earnings per share came in at $1.57, ahead of the $1.43 Wall Street had expected, while revenue tallied $94 billion, up 10% from last year and ahead of forecasts for $89.2 billion. Its Services revenue totaled $27.4 billion, a new record, and comprised nearly 30% of its total revenues in the quarter. Apple stock was up about 2% following the results. Apple reported results Thursday that beat forecasts on the top and bottom lines as the iPhone maker boasted about double-digit revenue growth across its iPhone, Mac, and Services businesses, as well as growth in all of its geographic segments. Earnings per share came in at $1.57, ahead of the $1.43 Wall Street had expected, while revenue tallied $94 billion, up 10% from last year and ahead of forecasts for $89.2 billion. Its Services revenue totaled $27.4 billion, a new record, and comprised nearly 30% of its total revenues in the quarter. Apple stock was up about 2% following the results. Roku reports surprise profit in Q2, revenue beats expectations Roku's (ROKU) second quarter results got a boost from an expanding user base and advertising sales, the company reported Thursday. The company reported profits of $0.07 per share, above the $0.17 per share loss analysts expected. Revenue came in at $1.11 billion for the quarter, compared to the analysts' average estimate of $1.07 billion, according to data compiled by LSEG. Reuters reports: Read more here. Roku's (ROKU) second quarter results got a boost from an expanding user base and advertising sales, the company reported Thursday. The company reported profits of $0.07 per share, above the $0.17 per share loss analysts expected. Revenue came in at $1.11 billion for the quarter, compared to the analysts' average estimate of $1.07 billion, according to data compiled by LSEG. Reuters reports: Read more here. Coinbase stock falls 7% after results disappoint Crypto giant Coinbase (COIN), a recent addition to the S&P 500, saw shares fall more than 7% in after-hours trading on Thursday after the company posted second quarter results that came in below Wall Street forecasts. Coinbase reported second quarter revenue of $1.5 billion, below the $1.59 billion analysts had forecast, while trading volume and transactions revenue both fell shy of expectations. Subscriptions and services revenue in the second quarter totaled $656 million. Adjusted EBITDA in the second quarter totaled $514 million, down from $596 million a year ago. In the third quarter, the company expects subscriptions and services revenue to fall within a range of $665 million-$745 million. Since the April 9 bottom in the stock market, Coinbase shares have roughly doubled; ahead of Thursday's results, the stock was up more than 50% this year. Crypto giant Coinbase (COIN), a recent addition to the S&P 500, saw shares fall more than 7% in after-hours trading on Thursday after the company posted second quarter results that came in below Wall Street forecasts. Coinbase reported second quarter revenue of $1.5 billion, below the $1.59 billion analysts had forecast, while trading volume and transactions revenue both fell shy of expectations. Subscriptions and services revenue in the second quarter totaled $656 million. Adjusted EBITDA in the second quarter totaled $514 million, down from $596 million a year ago. In the third quarter, the company expects subscriptions and services revenue to fall within a range of $665 million-$745 million. Since the April 9 bottom in the stock market, Coinbase shares have roughly doubled; ahead of Thursday's results, the stock was up more than 50% this year. Reddit stock soars as company posts fastest quarterly revenue growth in 3 years Reddit (RDDT) stock jumped as much as 13% after hours after the social media company reported its fastest revenue growth in three years. Profits reached $0.48 per share in the second quarter, above the $0.19 per share projected by Wall Street analysts. Revenue grew 78% to $500 million, higher than the $425 million expected. Yahoo Finance's Laura Bratton reports: Read more here. Reddit (RDDT) stock jumped as much as 13% after hours after the social media company reported its fastest revenue growth in three years. Profits reached $0.48 per share in the second quarter, above the $0.19 per share projected by Wall Street analysts. Revenue grew 78% to $500 million, higher than the $425 million expected. Yahoo Finance's Laura Bratton reports: Read more here. Amazon posts earnings beat but stock slips Amazon (AMZN) profits and sales beat estimates for the second quarter, the company reported: AWS revenue rose 17% to hit $30.8 billion versus an expected $30.7 billion. It topped $26.2 billion in Q2 last year. The company's report follows Google's (GOOG, GOOGL) and Microsoft's (MSFT) own blowout announcements, highlighting growth across their respective cloud businesses on the back of increased customer spending on AI. Rival Microsoft reported that its Azure business generated $75 billion in fiscal 2025. Amazon widened its guidance for operating income on the lower end. For the third quarter, Amazon expects the operating income to come in between $15.5 billion and $20 billion, potentially indicating a headwind from tariffs. The initial reaction on the Street was downbeat, with Amazon stock slipping 2% after hours. Read more here. Amazon (AMZN) profits and sales beat estimates for the second quarter, the company reported: AWS revenue rose 17% to hit $30.8 billion versus an expected $30.7 billion. It topped $26.2 billion in Q2 last year. The company's report follows Google's (GOOG, GOOGL) and Microsoft's (MSFT) own blowout announcements, highlighting growth across their respective cloud businesses on the back of increased customer spending on AI. Rival Microsoft reported that its Azure business generated $75 billion in fiscal 2025. Amazon widened its guidance for operating income on the lower end. For the third quarter, Amazon expects the operating income to come in between $15.5 billion and $20 billion, potentially indicating a headwind from tariffs. The initial reaction on the Street was downbeat, with Amazon stock slipping 2% after hours. Read more here. Apple Q3 earnings to give Wall Street better view of tariff impact Yahoo Finance's Daniel Howley previews what to watch when Apple reports earnings after the bell: Read more here. Yahoo Finance's Daniel Howley previews what to watch when Apple reports earnings after the bell: Read more here. Reddit set to report Q2 earnings as Wall Street scrutinizes daily active user growth Reddit (RDDT) will report second quarter results after the bell on Thursday. One key metric to watch will be daily active users, which disappointed Wall Street over the last two quarters. Changes to Google Search's algorithm could further disrupt the platform's users. Yahoo Finance's Laura Bratton breaks down what the Street is hoping to hear from Reddit: Read more here. Reddit (RDDT) will report second quarter results after the bell on Thursday. One key metric to watch will be daily active users, which disappointed Wall Street over the last two quarters. Changes to Google Search's algorithm could further disrupt the platform's users. Yahoo Finance's Laura Bratton breaks down what the Street is hoping to hear from Reddit: Read more here. Unilever's personal care business delivers solid results, but ice cream was the standout Unilever (UL) beat sales growth forecasts in the second quarter but reported a 50% drop in free cash flow year over year. The ice cream business outperformed in Q2, with sales rising 7.1%, led by double-digit growth in its Magnum brand. Unilever's ice cream business is on track to be spun off in November. The new company will be called The Magnum Ice Cream Company, and Unilever will retain a 20% stake in the company. Reuters reports: Read more here. Unilever (UL) beat sales growth forecasts in the second quarter but reported a 50% drop in free cash flow year over year. The ice cream business outperformed in Q2, with sales rising 7.1%, led by double-digit growth in its Magnum brand. Unilever's ice cream business is on track to be spun off in November. The new company will be called The Magnum Ice Cream Company, and Unilever will retain a 20% stake in the company. Reuters reports: Read more here.
Yahoo
20 minutes ago
- Yahoo
Micah Parsons' dad once named Chiefs, Steelers, Lions as preferred trade destinations
With Micah Parsons officially requesting a trade from the Dallas Cowboys, an old clip of his father, Terrence Parsons, talking about preferred destinations for his son in a hypothetical trade scenario has resurfaced. During an appearance on the "Life in the Stands" podcast in December 2024, Parsons' dad stated that his preferred trade landing spots for the superstar edge rusher are the Kansas City Chiefs, Pittsburgh Steelers, and Detroit Lions. "I know Pittsburgh fans are like, 'whoa,' but I'm sorry, him [Micah Parsons] and [T.J.] Watt together would be like cheating," Terrence Parsons said. "Him and [Aidan] Hutchinson together in Detroit would be like cheating. I love it. Kansas City, that's who they are right now." Parsons requested a trade out of Dallas due to the franchise's lack of communication with his agent. The 26-year-old's relationship with the Cowboys and owner Jerry Jones seems to be completely destroyed. Dallas has no plans of trading Parsons, but if they can't agree on a long-term extension with him, they may be forced to move him at some point. Parsons' father's landing spots for the four-time Pro Bowl edge rusher are bold. Adding Parsons to Kansas City's defense would be lethal, while pairing the disgruntled Cowboy with Watt or Hutchinson in Detroit would also be pretty much unstoppable. However, none of the teams Parsons' dad listed as preferred spots have the money to sign Parsons to a record-breaking extension. The Chiefs are slated to have negative $61 million in cap space next offseason, and the Steelers already have two expensive edge rushers in Watt and Alex Highsmith. As for the Lions, the team must prioritize getting an extension done with Hutchinson first, which likely takes them out of the running for Parsons. It's possible that Parsons lands with one of three destinations his dad spoke about during a podcast appearance last year, as all three franchises are playoff contenders, and two are legitimate Super Bowl contenders in Kansas City and Detroit. However, it remains to be seen whether any have the money to sign Parsons to a new deal after trading valuable picks for him while also keeping their core together. MORE:Infamous Raiders trade used as measuring stick for potential Micah Parsons deal
Yahoo
20 minutes ago
- Yahoo
ETF Issuers Line Up to Capitalize on Figma's Red Hot IPO
The stock price of tech start-up Figma Inc. (FIG) more than tripled during its debut on the New York Stock Exchange—and exchange-traded fund (ETF) issuers want in on the action. Themes ETF Trust is seeking approval from the Securities and Exchange Commission (SEC) to launch the Leverage Shares 2X Long FIG Daily ETF, according to a filing Thursday. ProShares and REX Shares are also looking to introduce leveraged ETFs linked to Figma, which had its initial public offering (IPO) Thursday. Leveraged Figma ETFs The Leverage Shares 2X Long FIG Daily ETF seeks to magnify the daily performance of Figma's stock by 200%, according to the filing, which didn't disclose management fees. The ProShares Ultra FIG—with no ticker or expense ratio included in the preliminary prospectus—also seeks daily investment results that correspond to two times FIG's daily performance. Eric Balchunas, senior ETF analyst at Bloomberg, also shared on X that Rex Shares filed for a similar fund: the T-Rex 2x Long FIG Daily Target ETF. What Is Figma? Figma is a San Francisco-based company that provides a design platform. The start-up had previously struck a deal to be bought for $20 billion by the software company Adobe Inc. (ADBE), but that plan was abandoned due to antitrust concerns from regulators in the U.S. and Europe. The Appeal of IPO-Linked ETFs It's no surprise that these issues are looking to capitalize on Figma's IPO: The stock debuted at $33 per share and closed its first day on the market at $115.50 per share, marking the biggest pop for a $500 million-plus IPO, and the first time a deal that size has ever tripled on day one, Matt Kennedy, senior strategist at Renaissance Capital told Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA 'I think the appeal is that recent tech IPOs tend to be very volatile, which means the stock has the potential for a 5% or even 10% gain in one day, and so a 2x leveraged daily ETF allows traders to really ride those quick run-ups,' Kennedy said. 'It's a way of making your bet go further, if you're actively trading the stock during the day. In June, several fund providers, including REX Shares, sought to launch ETFs linked to the IPO of peer-to-peer payments company Circle. At the time, Daniel Sotiroff, senior manager research analyst for Morningstar Research, said that leveraged ETFs tend to succumb to volatility drag and perform poorly over the long | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
