J Studios/DigitalVision via Getty Images The ProShares Russell 2000 Dividend Growers ETF ( SMDV ) is an exchange-traded fund that aims to track the Russell 2000 Dividend Growth Index. While the fund has returned 21.00% and 31.38% on a total returns basis over one-year and three-year periods, SMDV has underperformed when compared to its peers. Additionally, while SMDV previously had a history of di...
J Studios/DigitalVision via Getty Images The ProShares Russell 2000 Dividend Growers ETF ( SMDV ) is an exchange-traded fund that aims to track the Russell 2000 Dividend Growth Index. While the fund has returned 21.00% and 31.38% on a total returns basis over one-year and three-year periods, SMDV has underperformed when compared to its peers. Additionally, while SMDV previously had a history of dividend growth, the fund has recently failed to continue this trend, with a current TTM dividend growth rate of -8.54% (zero consecutive years of growth). My investment thesis is the following: While SMDV provides exposure to small-cap companies with consistent dividend growth histories, its defensive positioning has limited its ability to outperform in the current market environment. The combination of underperformance and declining trailing-twelve-month dividend growth reduces its appeal on both an income and total return basis. Absent a more meaningful shift toward a risk-off environment that favors SMDV’s defensive positioning or a reacceleration of dividend growth, SMDV lacks any compelling near-term catalysts to warrant new capital allocation. For these reasons, I currently assign SMDV a “Hold” rating. Unless a defensive rotation were to materialize or dividend growth were to return to positive, SMDV is likely to continue to underperform its peers. Fund Overview The ProShares Russell 2000 Dividend Growers ETF first came to market in February 2015, giving us a little more than a decade of performance and fund management to consider. As outlined in the fund’s summary prospectus , SMDV is a passively managed index fund, with the goal of tracking the performance of the Russell 2000 Dividend Growth Index. The index is reevaluated annually in June, and weightings reset to equal weight each quarter in March, June, September, and December. According to Seeking Alpha, the fund’s peers consist of other ETFs such as the T Rowe Price Dividend Growth ETF ( TDVG ), Capital Group Div...
In this article MU AVGO GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Shares of Marvell Technology gained nearly 6% on Monday amid reports that Google will use the chip design firm for two new chips to power artificial intelligence workloads. Until now, Goog...
In this article MU AVGO GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Shares of Marvell Technology gained nearly 6% on Monday amid reports that Google will use the chip design firm for two new chips to power artificial intelligence workloads. Until now, Google has relied on Marvell rival Broadcom for the design of its in-house Tensor Processing Units, or TPUs. Broadcom shares fell nearly 2% Monday following the report by The Information . The potential deal between Google and Marvell could include a TPU as well as a memory processing unit, The Information reported on Sunday. Google and Marvell did not immediately reply to requests for comment. Both Marvell and Broadcom help their customers translate chip designs into silicon, providing back-end support before the processors are sent off to be manufactured at huge fabrication plants by companies like Taiwan Semiconductor Manufacturing Company . It's a role that's fueled the growth of both Marvell and Broadcom as more tech giants design in-house accelerators for AI. Amid that hustle to make enough silicon to power AI, it's no surprise to see Google diversify its chip deals beyond Broadcom. The Google-Broadcom partnership is alive and well, having just been extended through 2031 in an expanded deal announced earlier this month . Meta last week also made a big deal with Broadcom, committing to deploy 1 gigawatt of its own custom MTIA chips using Broadcom technology. Read more CNBC tech news Anthropic's Dario Amodei to meet with White House about Mythos AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks Nvidia AI chip rivals attract record funding as competition heats up TSMC and ASML post-earnings stock moves could be a sign of what's to come from chip companies Marvell stock gained more than 20% in March as the company posted strong fourth-quarter earnings and...
Apple CEO Tim Cook is stepping down and will be succeeded by John Ternus, currently Apple's senior vice president of hardware engineering. Ternus will take over as CEO on September 1st, 2026. Cook will become executive chairman of Apple's board. Cook is staying on through the summer as CEO "as he works closely with Ternus on a smooth transition," according to a press release . "As executive chairm...
Apple CEO Tim Cook is stepping down and will be succeeded by John Ternus, currently Apple's senior vice president of hardware engineering. Ternus will take over as CEO on September 1st, 2026. Cook will become executive chairman of Apple's board. Cook is staying on through the summer as CEO "as he works closely with Ternus on a smooth transition," according to a press release . "As executive chairman, Cook will assist with certain aspects of the company, including engaging with policymakers around the world." Tim Cook: It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinar … Read the full story at The Verge.
According to a recent SEC filing dated April 20, 2026, North of South Capital LLP fully liquidated its position in Vipshop Holdings (NYSE:VIPS) by selling 2,262,683 shares. The estimated transaction value was $38.5 million, calculated using the average closing price for the first quarter of 2026. Vipshop Holdings is a leading online discount retailer for brands in China. This sale wasn't a routine...
According to a recent SEC filing dated April 20, 2026, North of South Capital LLP fully liquidated its position in Vipshop Holdings (NYSE:VIPS) by selling 2,262,683 shares. The estimated transaction value was $38.5 million, calculated using the average closing price for the first quarter of 2026. Vipshop Holdings is a leading online discount retailer for brands in China. This sale wasn't a routine trim or rebalancing move for North of South Capital, which is a London-based emerging markets-focused fund. Vipshop previously represented roughly 3.6% of the firm's total 13F portfolio, and the fund sold its entire position during the first quarter of 2026. Continue reading
Klaus Vedfelt/DigitalVision via Getty Images We're about to enter the Q1 earnings season at surprising all-time highs for the S&P 500. And though the stock market is largely hopeful on the prospect of de-escalation in Iran and normalization in oil prices, I think it's a time to be cautious ahead of a potentially volatile earnings calendar. In particular, I expect Q1 to be the first quarter where t...
Klaus Vedfelt/DigitalVision via Getty Images We're about to enter the Q1 earnings season at surprising all-time highs for the S&P 500. And though the stock market is largely hopeful on the prospect of de-escalation in Iran and normalization in oil prices, I think it's a time to be cautious ahead of a potentially volatile earnings calendar. In particular, I expect Q1 to be the first quarter where the fortunes of software companies diverge. And while I think the overall "SaaSpocalypse" narrative that has driven an indiscriminate selloff in software stocks is overblown, I do think there are vulnerabilities in the sector that will be highlighted shortly. Against this backdrop, I believe monday.com ( MNDY ) is vulnerable. The collaboration software company has been one of the hardest-hit SaaS stocks to date, with its shares down ~50%. The question for investors now is: I s there truly a light at the end of the tunnel here? Data by YCharts I last wrote a "Strong Buy" article on Monday in February, when the stock was trading at $78 per share. I'll cut to the chase here: this stock was a poor call on my part, and I'm losing patience in the company's ability to recover to a positive narrative. Importantly, my viewpoint on the "SaaSpocalypse" has shifted. While I continue to think the majority of software companies will retain their business, the landscape of layoffs has dramatically shifted, especially in Silicon Valley, over the past few months, and that also impacts certain companies like Monday more disproportionately. I'm cutting my rating on Monday to "Neutral." Unless monday.com can push AI credits, seat erosion will be an issue for net retention rates Let's kick off the discussion with why I think monday.com is disproportionately vulnerable in the AI reshuffling, and that primarily has to do with layoffs. Again, I reiterate my thesis that most software is safe. Especially in large enterprise organizations, companies have built their SaaS workflows into mission-critica...
A Canadian woman was shot dead and four other people were injured by a gunman on Monday at Mexico’s famed Teotihuacan archaeological site, authorities said. The gunman killed himself after opening fire at the popular tourist destination, home to pre-Aztecan pyramids, said Cristobal Castaneda, the security secretary for Mexico state, where the site is located. Videos on social media show the gunman...
A Canadian woman was shot dead and four other people were injured by a gunman on Monday at Mexico’s famed Teotihuacan archaeological site, authorities said. The gunman killed himself after opening fire at the popular tourist destination, home to pre-Aztecan pyramids, said Cristobal Castaneda, the security secretary for Mexico state, where the site is located. Videos on social media show the gunman firing periodic shots from halfway up the Pyramid of the Moon while tourists take cover behind...
libre de droit BridgeBio Oncology Therapeutics ( BBOT ) is up ~8% in after-hours trading Monday after saying the US FDA has granted Fast Track designation to BBO-11818, its candidate for advanced KRAS-mutant pancreatic ductal adenocarcinoma. The asset is in the phase 1 KONQUER-101 trial and has enrolled patients with locally advanced unresectable or metastatic KRAS-mutant solid tumors. Preliminary...
libre de droit BridgeBio Oncology Therapeutics ( BBOT ) is up ~8% in after-hours trading Monday after saying the US FDA has granted Fast Track designation to BBO-11818, its candidate for advanced KRAS-mutant pancreatic ductal adenocarcinoma. The asset is in the phase 1 KONQUER-101 trial and has enrolled patients with locally advanced unresectable or metastatic KRAS-mutant solid tumors. Preliminary data released in January showed a confirmed partial response with BBO-11818. The candidate is an oral "non-covalent inhibitor that targets KRAS in both the ON and OFF states, has high selectivity over HRAS and NRAS, and displays strong activity in KRAS-mutant preclinical models, including KRASG12D and KRAS G12V," according to the company. More on BridgeBio Oncology Therapeutics BridgeBio Oncology Therapeutics, Inc. GAAP EPS of -$0.49 Seeking Alpha’s Quant Rating on BridgeBio Oncology Therapeutics, Inc. Historical earnings data for BridgeBio Oncology Therapeutics, Inc. Financial information for BridgeBio Oncology Therapeutics, Inc.
Amazon.com Inc. is investing an additional $5 billion in Anthropic PBC, with a plan to expand that investment to as much as $20 billion over time, the companies said. Anthropic, which makes the Claude chatbot and coding tool, plans to spend more than $100 billion over the next ten years on Amazon’s cloud technologies and chips. Amazon is one of Anthropic’s biggest backers.
Amazon.com Inc. is investing an additional $5 billion in Anthropic PBC, with a plan to expand that investment to as much as $20 billion over time, the companies said. Anthropic, which makes the Claude chatbot and coding tool, plans to spend more than $100 billion over the next ten years on Amazon’s cloud technologies and chips. Amazon is one of Anthropic’s biggest backers.