New York Times Company Continues to Thrive Economic Uncertainty\n\nThe New York Times Company has been a staple in the media industry for over 160 years, and its resilience and adaptability have been put to the test in recent times. The economic uncertainty caused by the ongoing pandemic, the company has continued to thrive and deliver impressive results.\n\nThe company’s strong fundamentals have played a significant role in its success. Its commitment to quality journalism and unbiased reporting has earned the trust of its readers, resulting in a loyal and growing subscriber base.\n\nAdditionally, the New York Times Company has seen impressive results through strategic initiatives, further solidifying its position as a resilient and attractive choice for those seeking news and media investments.\n\nThe company’s digital transformation has been a key factor in its success. Its digital subscription revenue has continued to grow, with a significant increase in the number of digital subscribers. This growth has been driven by the company’s focus on creating engaging and high-quality digital content, as well as its investments in digital platforms and technology. As a result, the New York Times Company has been able to attract a younger and more diverse audience, further expanding its reach and impact.\n\nThe New York Times Company’s ability to thrive and deliver impressive results despite the economic uncertainty is a testament to its strong fundamentals and strategic initiatives.

ProShares ETFs See Record Volume Amidst Crypto Market Turmoil\n\nProShares Global Investment Strategist Simeon Hyman has joined Yahoo Finance Live to discuss the recent crash in the crypto markets and the collapse of the FTX-Binance deal. In a statement, Sam Bankman-Fried, CEO of FTX, expressed hope for a potential recovery, but acknowledged that there will be many steps to take before that can happen. Hyman agrees with this sentiment, stating that the recent turmoil in the spot market for cryptocurrency highlights the need for a more mature market.\n\nHyman suggests that a better way to gain exposure to Bitcoin is through the futures market, which is regulated and transparent, with counterparty risk managed by a clearinghouse. ProShares offers BITO, a Bitcoin strategy ETF, and BITI, a short Bitcoin strategy ETF, which utilize the futures market and have seen record volume this week. The turmoil in the underlying market, these ETFs have performed well and delivered the expected outcomes for investors.\n\nThe surge in volume for both BITO and BITI indicates that there is demand for exposure to both long and short positions in Bitcoin. Some investors see this as a buying opportunity, while others believe there is still room for downside. This record volume also highlights the benefits of accessing Bitcoin exposure through the futures market, which provides better asset segregation compared to exchanges. Hyman believes this is a key advantage of ProShares' ETFs.\n\nThe surge in volume for ProShares' ETFs suggests that investors are still interested in gaining exposure to Bitcoin and the underlying technology. Hyman concludes that the record volume for ProShares' ETFs is indicative of the demand for both long and short Bitcoin exposure, as well as the benefits of accessing this exposure through the futures market.\n\nThe recent turmoil in the crypto market has highlighted the need for a more mature market. ProShares' ETFs, BITO and BITI, have seen record volume this week, indicating the demand for both long and short Bitcoin exposure. This also reflects the resilience of the market, with investors looking beyond short-term volatility and focusing on the long-term potential of cryptocurrency.