Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small caps are going to become more in favor in 2025,” VettaFi’s Todd Rosenbluth said on CNBC’s “ETF Edge” this week. “They started to perk up […]
Betsie Van Der Meer | Digitalvision | Getty Images The holiday season is a time to give thanks, reflect on the past year, and spend time with family and friends. However if you’re not careful, it can also be a time you overspend on holiday purchases. About 83% of Americans plan to buy gifts for […]
Check out the companies making headlines in midday trading. Chip equipment stocks â Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and AI memory chips to China that could be less strict than earlier proposals. Shares of U.S.-based companies Applied Materials and KLA […]
A pedestrian walks by the entrance to Lombard Odier in Geneva, Switzerland. Bloomberg | Bloomberg | Getty Images Lombard Odier â one of Switzerland’s oldest private banks â was indicted by Swiss prosecutors for “aggravated money laundering.” In a release on Friday, the Office of the Attorney General of Switzerland (OAG) said it filed an […]
Check out the companies making headlines before the bell. MicroStrategy â Shares of the bitcoin development company jumped more than 5%, extending the roughly 10% gain seen in the previous session, after the price of the cryptocurrency continued to climb. The stock has seen massive gains this year, surging more than 515%. Chip equipment stocks […]
Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters BEIJING â China will start limiting exports of critical metal tungsten this weekend, just as alternatives to Chinese suppliers of the metal are reopening. It’s a reversal of past decades, during which, […]
Images By Tang Ming Tung | Digitalvision | Getty Images Actively managed exchange-traded funds are a growing trend in the investment space. To that point, investors have pulled money from active mutual funds and sought out actively managed ETFs in recent years. Investors yanked about $2.2 trillion from active mutual funds from 2019 through October […]
Check out the companies making headlines in midday trading. Nordstrom — The retail stock fell 10% after CEO Erik Nordstrom said that the company has seen a slowdown in sales, starting in late October. Nordstrom’s third-quarter revenue of $3.46 billion did come in above the $3.35 billion LSEG consensus. HP â Shares of the PC […]
Check out the companies making headlines before the bell. Dell Technologies â Shares fell more than 12% after the PC maker said it sees fourth-quarter revenue and earnings below Wall Street expectations . To be sure, the company also gave bullish commentary on artificial intelligence sales growth. Workday â Shares fell about 11% after the […]
White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018. Jonathan Ernst | Reuters President-elect Donald Trump picked Kevin Hassett to lead the National Economic Council, a role that puts him at the center of the administration’s policy-making discussions from trade to taxes […]