... deferred currency taxes from future periods. Investors should keep in mind that reported profit is largely influenced by one-off measures (currency revaluation and tax assets), and a sustainable recovery of Gazprom's finances will require further revenue growth and strict cost control. The company's financial reporting for the second half of the year and the entirety of 2025 will be the next indicator of whether Gazprom can secure positive momentum and begin generating stable net profits in the new realities.

... amidst possible turbulence. Conclusions and Prospects Historic regulatory steps for cryptocurrencies and new price records signal the industry's transition to a more mature phase, where digital assets are becoming more deeply integrated into the global financial system. The record growth of Bitcoin and the influx of capital into the industry bolster investor confidence in the long-term prospects of the market. The baseline scenario for the near future remains optimistic: barring any serious upheaval, Bitcoin and Ethereum are expected ...

... new capital, significantly exceeding previous highs. As a result, total assets under management for crypto funds have surpassed a historic peak, exceeding $220 billion. By comparison, this figure was half that at the beginning of the year—the rapid growth of AUM reflects high interest from financial institutions. Notably, capital inflows have continued for nearly four consecutive months, indicating sustained trust in digital assets. The investment structure indicates growing interest in leading altcoins. In recent weeks, a redistribution ...

... shows what share of income the bank spends on operating expenses. A low value indicates effective cost management and the bank's ability to retain most of its income as profit. Recommendations for investors: Investors should pay attention to the steady growth of MTS Bank's key financial indicators, especially the increase in net profit and high return on equity. Significant growth in net interest and commission income indicates the successful development of both traditional banking services and additional services. A low level ...

... on the stock exchange. At this stage, investors have the opportunity to acquire a stake in the company before it goes public, typically at a lower price. Pre-IPO placements attract experienced investors, as companies are already in advanced stages of growth: they have a functioning business model, a significant market share, and a solid financial history. In recent years, interest in pre-IPO investments has surged globally, with many tech companies and successful startups securing funding in the final stages of their development before going public. In Russia, this mechanism is relatively ...