
Gold House And Nasdaq Convene Power Players To Celebrate The 2025 A100
Now in its second year, the Gold Power Summit—held in partnership with Nasdaq on April 30 — brought together a diverse group of leaders who rarely share the same stage: unicorn founders, top venture capitalists, global chief marketing officers, award-winning creatives, and emerging investors. The summit, which kicked off Asian Pacific American Heritage Month, is both a celebration and a strategic move. It spotlighted some of the most transformative Asian Pacific leaders across culture and commerce with its annual A100 List, reaffirming the rising influence of pan-Asian power in global markets.
As the tech and venture capital landscape undergoes a reset, Gold House has been quietly — and powerfully — building a new pipeline. It is focused on connection, creating what it calls an 'ecosystem bell': a symbolic moment in the capital markets where private and public sectors collide to catalyze long-term value. The nonprofit collective is expanding what it means to build, scale, and fund the future by curating intentional ecosystems where capital meets culture.
The summit began with a welcome from co-hosts Sehr Thadhani, Chief Growth Officer of Nasdaq, and Bing Chen, Founder and CEO of Gold House. Stephanie Mehta, CEO and Chief Content Officer of Mansueto Ventures, led a fireside chat with Anish Melwani, Chairman and CEO of LVMH North America. Other notable speakers included Christina Wootton (Chief Partnerships Officer, Roblox), Melody Lee (CMO, Mercedes-Benz USA), Nikil Viswanathan (Founder & CEO, Alchemy), Mike Van (CEO, Billboard), Mike Xu (GrubMarket), and Soyoung Kang (eos Products). Topics spanned innovation and AI to global brand storytelling and next-gen creator economies — conversations that signal not just what's trending, but who's driving it. The key themes were: leading with imagination, innovating with intention, and anchoring culture with conviction.
Gold House's 20205 Gold Power Summit
This year's A100 honorees reflect that ambition and included AI pioneers like Demis Hassabis (CEO, Google DeepMind) and Sridhar Ramaswamy (CEO, Snowflake) to cultural leaders like Jon M. Chu, Laufey, and Drew Afualo. While the list spans industries, it shares one common thread: transformation.
Honorees will be celebrated across a series of marquee events from May 9–10, including the A100 Celebratory Reception at the Academy Museum, an exclusive Honorees Dinner presented by OpenTable, and the Gold Gala, North America's most prestigious Asian Pacific American celebration. This year's gala also includes the Billboard x Gold House Founders Party.
Meanwhile, landmarks across North America — from the Empire State Building to the CN Tower—will light up in gold as part of Gold Lights, a coordinated tribute echoing Gold House's motto: 'We don't just change culture—we make it.'
'Gold House doesn't just award achievement—it engineers access,' said co-founders Bing Chen and Jeremy Tran, who serve as CEO and COO, respectively. 'By building bridges between culture and capital, we can power tomorrow for all.'
Behind the scenes, the room was equally influential. It included VCs from GV (Google Ventures), B Capital, Vesey Ventures, J2 Ventures, Siam Capital, and Wesley Chan, co-founder of Google Analytics and general partner at FPV Ventures, who announced a new $525 million early-stage fund backing founders with conviction. His announcement underscored a growing wave of Asian-founded venture capital firms reshaping early-stage innovation.
These investors weren't just present to celebrate — they were there to source and support the next generation of transformative companies. Notable founders in attendance included Aravind Srinivas, CEO of Perplexity AI (named A1 in Business & Technology), and Ankur Jain, founder of Bilt and a 2025 New Gold honoree.
'If the A100 List showcases the what—the visionaries redefining industries — then the summit embodies the how: uniting capital, creativity, and conviction to drive cultural and market transformation.'
The data backs up the need. Despite being the fastest-growing domestic demographic and a global majority, the Asian Pacific community remains underrepresented in venture funding. Gold House is working to close that gap through initiatives like Gold House Ventures, which has helped raise over $2.5 billion for 115 companies, half of which are led by female founders. Gold House Ventures Accelerator and the newly launched Gold Bridge strategy aim to foster pan-Pacific growth by connecting early-stage founders with investors, policymakers, and industry-specific operators across the U.S. and Asia.
This year's event also underscored Nasdaq's evolving role as more than a stock exchange: a convener of innovation ecosystems. As the home to many of the world's most pioneering companies driving technological innovation, Nasdaq has proven a fitting and strategic partner for Gold House. The partnership signifies a shift: corporations aren't just platforms for capital — they're platforms for cultural relevance and inclusion.
In a world marked by increasing fragmentation, Nasdaq is focused on connection. 'Nasdaq brings together ecosystems systematically, with an eye toward convening across lines and around themes, topics, and trends at the intersection of business and culture,' said Sehr Thadhani, Chief Growth Officer at Nasdaq. 'Nasdaq is widely known as an exchange, but we're so much more; we're the trusted fabric of the global financial system, intentionally rethinking the traditional way exchanges have operated to make the capital markets more open, accessible, and dynamic.'
Gold House has quietly built one of the most influential ecosystems for Asian Pacific executives, creators, and entrepreneurs. It continues to expand its initiatives across multiple pillars:
'Whether it's shaping narratives in Hollywood or placing diverse board members at major companies, the organization is leveraging every tool at its disposal to create a lasting impact.'
Collectively, these efforts seek to reshape perception and power for Asian Pacific communities by mobilizing both capital and culture. While A100 honorees celebrate visibility, the Gold Power Summit delivers infrastructure, linking capital, creativity, and community. At a time when cultural identity and business influence intersect more than ever, this summit served as both a celebration and a call to action: to invest in collective power.
Gold House's mission is unmistakable: 'We don't just want seats at the table. We build new tables—together.'
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CNBC
11 minutes ago
- CNBC
More stock market records, more trade deals, more trade talks — plus, lots of earnings
The S & P 500 rose every day this past week as trade deals, both in the works and announced, lent support to the market. The index heads into the final stretch of a strong July at record highs. For the week, the S & P 500 gained nearly 1.5%. The Nasdaq did not go wire to wire in the green this week, but it did rise 1%, closing at another record high. Ahead of the last trading day of the month on Thursday, the S & P 500 was up almost 3% for July, while the Nasdaq jumped 3.6%. The best session of the week came on Wednesday after President Donald Trump announced the night before what he called a "massive" trade agreement with Japan ahead of the Aug. 1 deadline. The deal settled on a 15% tariff on goods entering the United States from Japan, including automobiles. In exchange, Japan will invest $550 billion in America and open its market to more imports from the U.S. The trade focus now shifts to China and the European Union. Next week, Treasury Secretary Scott Bessent travels to Stockholm for talks with Chinese officials about extending the negotiating window for a trade deal. Regarding the EU, Trump said Friday he sees only a "50-50 chance" of a deal with the trading bloc. The president plans to meet with EU officials in Scotland on Sunday. .SPX .IXIC 5D mountain S & P 500 and Nasdaq 5-day performance The other big news of this past week was Trump's trip to the Federal Reserve on Thursday. He toured the central bank renovation site with Fed Chairman Jerome Powell. They spoke with reporters and had an uncomfortable moment over renovation costs. Trump signaled that he's no longer considering firing Powell. The president told reporters Friday that Powell and he had a "good meeting" about interest rates, and he believes the Fed will start cutting them. Powell has kept rates steady since December 2024, saying central bankers need more time to see how finalized tariffs will impact inflation. On the economy, the June existing home sales report was released on Wednesday, followed by June new home sales on Thursday. While sales of both were slower than expected, the reports diverged when it came to prices. The median price of a previously owned home sold in June was $435,300, up year over year and the 24th consecutive month of annual increases, according to the National Association of Realtors. However, government data showed the median sales price of new homes sold last month was $401,800 — below May and below year-ago levels. Watching housing price trends is important because it can give us signals on where shelter costs might be headed, which have been a key factor keeping overall inflation elevated. Second quarter earnings season has kicked into full gear, with results thus far coming in better than expected. According to FactSet, a third of the S & P 500 companies have already reported, with 80% of those delivering upside surprises to both sales and earnings expectations. Within the Club portfolio, we heard from Danaher, GE Vernova, Capital One, Honeywell, and Dover. Talk about a blowout. GE Vernova came into the quarterly print near all-time highs, setting a high bar of expectations, which it easily hopped over. The stock was rewarded with record highs and was our top performer of the week, with 12% gains. Shares have nearly doubled in 2025 versus the S & P 500's 8.6% advance this year. GE Vernova on Wednesday reported strong order growth and robust EBITDA margin expansion. EBITDA stands for earnings before interest, taxes, depreciation and amortization. Strong backlog growth also gives us confidence that end market demand remains healthy. "This era of accelerated electrification is driving unprecedented investments in reliable power, grid infrastructure, and decarbonization solutions," CEO Scott Strazik said on the post-earnings call. Danaher on Tuesday delivered a strong set of results, albeit against relatively low expectations. The company did outpace expectations on the top and bottom lines, thanks to strength in all key operating segments. While Chinese sales in biotechnology and life sciences grew, the positive numbers were overshadowed by sustained weakness in diagnostics due to the countries volume-based procurement program. The quarter was enough to spark a relief rally and keep us in the name. Danaher was our second-best performer this week, rising 8%. Despite a good week, the stock was still down 10.5% year to date. Capital One delivered a noisy quarter on Tuesday due to the Discover integration. While shares were among our losers this week, down 2.5%, they have been on a roll, up more than 19% year to date. We saw enough the quarter to reaffirm our view that there will be some serious long-term benefits resulting from the acquisition and its payment network. Capital One is one of only two banks in the world with their own credit card network, the other being American Express. We will look for the company to leverage that edge into earnings growth and for the stock to be rewarded for it with a higher multiple as the integration progresses and management executes on their game plan. We were surprised by Thursday's more than 4% stock drop on Dover 's earnings. In addition to a top and bottom-line beat, the company reported a record adjusted segment EBITDA margin, an acceleration in bookings that provides visibility into the future. It also outlined several growth and productivity investments to support long-term growth. Compounding the strong results, management raised its full-year outlook on both revenue growth and adjusted earnings per share. For the week, Dover lost about 1%. Like Dover, Honeywell stock was also dinged after it reported Thursday morning, despite the results coming in largely better than expected. Shares were our worst performer of the week, down 5.2%. While there was some weakness in aerospace and in segment margin performance, we were satisfied with the explanation provided by management on the call and believe the weakness provides a buying opportunity ahead of what we think will be a value-creating breakup into three separate operating companies. The split will start in the fourth quarter of this year, when management spins off the advanced materials business, and continue in 2026 with the separation of aerospace, which will leave the automation business as the third public company. In the week ahead, we will get seven more Club name earnings, including Amazon , Apple , Meta Platforms , and Microsoft . (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.


Business Wire
40 minutes ago
- Business Wire
Allied Gaming & Entertainment Urges Stockholders to Take Caution Against Misleading and Factually Incorrect Statements Issued by Knighted Pastures Regarding ISS Report
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the 'Company', 'AGAE' or 'Allied'), a global experiential entertainment company, announced today that a leading independent proxy advisory firm, Institutional Shareholder Services Inc. ('ISS'), has recommended withhold votes on five of the six director candidates that Knighted Pastures, LLC ('Knighted' or the 'dissident') has proposed at AGAE's upcoming combined 2024/2025 Annual Meeting on August 4, 2025. The Company also urges stockholders to take caution against relying on statements made by Knighted in its press release on the ISS recommendation. Of particular note, Knighted's claim that ISS recommended stockholders to vote for the election of Knighted's Class B director candidates to the Company's Board of Directors is factually incorrect. In fact, ISS recommended that stockholders vote for just one of Knighted's candidates, Roy Choi. Allied has previously offered Roy Choi a Board seat in an attempt to settle the proxy contest and related litigation but Mr. Choi has refused this offer. In addition, ISS recommended stockholders vote against Knighted's proposal to remove Mr. Yangyang Li, AGAE's Chairman of the Board, CEO and President, from the Company's Board of Directors. ISS also recommended stockholders support AGAE's candidate Roy Anderson. Additional findings from the ISS report that AGAE stockholders should consider include: (1) 'The dissident has presented a case for only limited change. ' '[S]upport for class B dissident nominee Choi is warranted. Shareholders should withhold votes from all other dissident nominees...' 'Over all periods of measurement through the unaffected date, AGAE's TSR outperformed the median of its peers …' 'TSR over the one-year period is positive …' '[T]he company's cash balances remain healthy …' The Allied Gaming Board of Directors has been and remains committed to acting in the best interests of all stockholders and unanimously recommends that stockholders vote "FOR" all six of AGAE's director nominees standing for election – Jingsheng (Jason) Lu, Guanzhou (Jerry) Qin, Mao Sun, Roy Anderson, Yushi Guo and Chi Zhao – on the WHITE proxy card today. PROTECT YOUR INVESTMENT IN ALLIED GAMING. REJECT ROY CHOI AND HIS NOMINEES BY VOTING THE WHITE PROXY CARD TODAY 'FOR' ALL SIX OF ALLIED GAMING'S NOMINEES, AND 'WITHHOLD' ON THE THREE KNIGHTED NOMINEES WE URGE YOU NOT TO SIGN OR RETURN ANY PROXY CARD OR VOTING INSTRUCTION FORM THAT MAY BE SENT TO YOU BY KNIGHTED. If you have any questions or need assistance in voting your WHITE proxy card, we encourage you to call our proxy advisers, MacKenzie Partners, Inc., Toll-Free at (800) 322-2885 or (212) 929-5500 or by email at AGAE@ Remember, you may be able to vote your shares by telephone, internet, and QR code voting may be available. Please refer to your proxy card/voting instruction form for details. If you have any questions or need assistance in voting your shares, please contact our proxy solicitor: MacKenzie Partners, Inc. 7 Penn Plaza, #503 New York, New York 10001 (212) 929-5500 (Call Collect) or Call Toll-Free (800) 322-2885 Email: AGAE@ Expand Advisors Paul Hastings LLP is serving as legal counsel, MacKenzie Partners, Inc. is serving as proxy solicitor and ADDO IR is serving as strategic communications advisor to AGAE. About Allied Gaming & Entertainment Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) is a global experiential entertainment company focused on providing a growing world of gamers and concertgoers with unique experiences through renowned assets, products and services. For more information, visit Forward Looking Statements This press release contains certain forward-looking statements under federal securities laws. Forward-looking statements may include our statements regarding our goals, beliefs, strategies, objectives, plans, including product and service developments, future financial conditions, results or projections or current expectations. In some cases, you can identify forward-looking statements by terminology such as 'may,' 'will,' 'should,' 'expect,' 'plan,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' 'intend' or 'continue,' the negative of such terms, or other comparable terminology. Specific forward-looking statements include, but are not limited to, statements regarding our ability to execute on strategic and business plans and drive stockholder value, our projections on Allied Gaming's future financial performance and expense structure and our beliefs on the impact of Knighted director nominations and other actions of Knighted on the performance of the Company. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors, many of which are outside our control, that may cause actual results to be materially different from those contemplated by the forward-looking statements. The inclusion of such information should not be regarded as a representation by us, or any person, that the objectives of Allied Gaming will be achieved. Important factors, among others, that may affect actual results or outcomes include: risks associated with our strategy, future direction or governance; the substantial uncertainties inherent in the acceptance of existing and future products and services; risks associated with our ability to retain key personnel; risks related to our common stock and the listing of our common stock on the Nasdaq Capital Market; risks associated with intellectual property; uncertainty around current and potential litigation and related legal expenses; and general economic, political and market conditions and events. You should consider the areas of risk described in connection with any forward-looking statements that may be made herein and other risk factors discussed from time to time in our filings with the U.S. Securities and Exchange Commission (the 'SEC'), including those factors discussed under the caption 'Risk Factors' in our most recent annual report on Form 10-K, filed with the SEC on June 9, 2025, as well as subsequent reports filed with the SEC. Readers are also urged to carefully review and consider the various disclosures we made in such Annual Report on Form 10-K and in subsequent reports with the SEC. We assume no obligation and do not intend to update these forward-looking statements, except as required by law, to reflect events or circumstances occurring after today's date.
Yahoo
an hour ago
- Yahoo
Institutions own 43% of NewtekOne, Inc. (NASDAQ:NEWT) shares but individual investors control 51% of the company
Key Insights The considerable ownership by individual investors in NewtekOne indicates that they collectively have a greater say in management and business strategy 37% of the business is held by the top 25 shareholders Recent purchases by insiders We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Every investor in NewtekOne, Inc. (NASDAQ:NEWT) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 51% to be precise, is individual investors. Put another way, the group faces the maximum upside potential (or downside risk). And institutions on the other hand have a 43% ownership in the company. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Let's delve deeper into each type of owner of NewtekOne, beginning with the chart below. See our latest analysis for NewtekOne What Does The Institutional Ownership Tell Us About NewtekOne? Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that NewtekOne does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of NewtekOne, (below). Of course, keep in mind that there are other factors to consider, too. We note that hedge funds don't have a meaningful investment in NewtekOne. The company's largest shareholder is BlackRock, Inc., with ownership of 8.1%. Meanwhile, the second and third largest shareholders, hold 5.4% and 4.6%, of the shares outstanding, respectively. Barry Sloane, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. Insider Ownership Of NewtekOne The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Shareholders would probably be interested to learn that insiders own shares in NewtekOne, Inc.. As individuals, the insiders collectively own US$19m worth of the US$308m company. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling. General Public Ownership The general public -- including retail investors -- own 51% of NewtekOne. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions. Next Steps: I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For instance, we've identified 3 warning signs for NewtekOne (2 are potentially serious) that you should be aware of. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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