(Bloomberg) -- A House panel advanced legislation that would require the Commerce Department to demand chipmakers do more to keep AI technology from being smuggled to China, an effort that’s gained new urgency after last week’s indictment of a Super Micro Computer Inc. co-founder for allegedly diverting Nvidia Corp. processors to Chinese buyers.The measure, backed by lawmakers from both parties, c...
(Bloomberg) -- A House panel advanced legislation that would require the Commerce Department to demand chipmakers do more to keep AI technology from being smuggled to China, an effort that’s gained new urgency after last week’s indictment of a Super Micro Computer Inc. co-founder for allegedly diverting Nvidia Corp. processors to Chinese buyers.The measure, backed by lawmakers from both parties, cleared the House Foreign Affairs Committee on Thursday, highlighting growing concern in Congress tha
It's a weird time for Xbox, with a big leadership shakeup that has many wondering what the future of the platform looks like, and what exactly it stands for . In the meantime, though, Microsoft is forging ahead with announcements, and it just wrapped up its latest Partner Preview event, focused on upcoming titles from third-party developers. (A similar event for Xbox Studios releases streamed back...
It's a weird time for Xbox, with a big leadership shakeup that has many wondering what the future of the platform looks like, and what exactly it stands for . In the meantime, though, Microsoft is forging ahead with announcements, and it just wrapped up its latest Partner Preview event, focused on upcoming titles from third-party developers. (A similar event for Xbox Studios releases streamed back in January .) Perhaps the biggest announcement was that Hades II is finally coming to the Xbox and PS5 next month. But while the rest of the show may have been devoid of big names, it did showcase a nicely varied lineup of games coming to Microsoft' … Read the full story at The Verge.
The AdvisorShares Ranger Equity Bear ETF is seeing unusually high volume in afternoon trading Thursday, with over 715,000 shares traded versus three month average volume of about 160,000. Shares of HDGE were down about 0.2% on the day. Components of that ETF with the highest v
The AdvisorShares Ranger Equity Bear ETF is seeing unusually high volume in afternoon trading Thursday, with over 715,000 shares traded versus three month average volume of about 160,000. Shares of HDGE were down about 0.2% on the day. Components of that ETF with the highest v
In trading on Thursday, the SPDR S&P Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Kosmos Energy, up about 11.1% and shares of CVR Energy, up about 6
In trading on Thursday, the SPDR S&P Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Kosmos Energy, up about 11.1% and shares of CVR Energy, up about 6
FatCamera/E+ via Getty Images VIDI strategy Vident International Equity Strategy ETF ( VIDI ) was launched on 10/29/2013 and tracks the Vident Core International Equity Index™. VIDI has 243 holdings, a 12-month distribution yield of 4.15%, a 30-day SEC yield of 2.52% and an expense ratio of 0.61%. As described in the prospectus by Vident , the underlying index starts by selecting countries based o...
FatCamera/E+ via Getty Images VIDI strategy Vident International Equity Strategy ETF ( VIDI ) was launched on 10/29/2013 and tracks the Vident Core International Equity Index™. VIDI has 243 holdings, a 12-month distribution yield of 4.15%, a 30-day SEC yield of 2.52% and an expense ratio of 0.61%. As described in the prospectus by Vident , the underlying index starts by selecting countries based on investability and reliability criteria such as liquidity, accessibility to foreign investors, transaction efficiency, governance, regulations, legal protection and institutional stability. The number of eligible countries may change over time and is expected to be between 25 and 40. Each country is assigned a Country Principles Score (“CPS”) designed to assess the resilience of its equity market based on economic and regulatory factors. Allocation across countries is calculated by an optimization process aiming to maximize the aggregate CPS. Then, stocks are ranked within each country with a multi-factor score involving Value (50% weight), Quality (30%) and Momentum (20%). Eligible companies must meet capitalization and liquidity requirements, not be primary listed in China, and have a liquid ADR in the U.S. if they are domiciled in Russia or India. Stocks are weighted by an algorithm optimizing factor exposure, with maximum limits of 0.5% in any constituent and 7.5% in any country, while keeping sector allocation close to that of a benchmark. The index is rebalanced semi-annually and the portfolio turnover rate was 70% in the most recent fiscal year. In this article, I will use as a benchmark iShares Core MSCI Total International Stock ETF ( IXUS ), which tracks the MSCI ACWI ex USA IMI Index. Portfolio The fund is geographically diversified, with a focus on Asia (48% of asset value). Country risk is low, none weighting more than 9%. South Korea and Taiwan are leading, with 8.5% and 7.8% of assets, respectively. VIDI top countries (chart: author: data: Vident, iShares) T...
Bloomberg's Mandeep Singh joins Scarlet Fu on "Bloomberg Markets." Memory chip stocks extended their losses on Thursday after Alphabet Inc.’s Google publicized research on a new algorithm that could allow more efficient use of the storage needed for artificial intelligence development. (Source: Bloomberg)
Bloomberg's Mandeep Singh joins Scarlet Fu on "Bloomberg Markets." Memory chip stocks extended their losses on Thursday after Alphabet Inc.’s Google publicized research on a new algorithm that could allow more efficient use of the storage needed for artificial intelligence development. (Source: Bloomberg)
As some landlords introduce bans or restrictions, we want to hear from pub-goers about their experiences and views A growing number of pubs in the UK are restricting or banning children , with some landlords citing safety concerns, changing atmospheres and lost trade. Others argue that pubs should remain welcoming community spaces for people of all ages. We want to hear from pub-goers, both parent...
As some landlords introduce bans or restrictions, we want to hear from pub-goers about their experiences and views A growing number of pubs in the UK are restricting or banning children , with some landlords citing safety concerns, changing atmospheres and lost trade. Others argue that pubs should remain welcoming community spaces for people of all ages. We want to hear from pub-goers, both parents and non-parents, about their experiences and views. Continue reading...
In trading on Thursday, oil & gas exploration & production shares were relative leaders, up on the day by about 3.5%. Leading the group were shares of Battalion Oil, up about 37.7% and shares of Prairie Operating up about 18.2% on the day. Also showing relative strengt
In trading on Thursday, oil & gas exploration & production shares were relative leaders, up on the day by about 3.5%. Leading the group were shares of Battalion Oil, up about 37.7% and shares of Prairie Operating up about 18.2% on the day. Also showing relative strengt
A buzzy fund offering access to pre-IPO AI companies such as Anthropic and OpenAI is trading well above the value of its underlying assets, even with its sharp recent decline.
A buzzy fund offering access to pre-IPO AI companies such as Anthropic and OpenAI is trading well above the value of its underlying assets, even with its sharp recent decline.
In trading on Thursday, precious metals shares were relative laggards, down on the day by about 4.1%. Helping drag down the group were shares of Vista Gold, down about 9.7% and shares of Elemental Royalty off about 8.5% on the day. Also lagging the market Thursday are televisi
In trading on Thursday, precious metals shares were relative laggards, down on the day by about 4.1%. Helping drag down the group were shares of Vista Gold, down about 9.7% and shares of Elemental Royalty off about 8.5% on the day. Also lagging the market Thursday are televisi
Over the last 7 days, the United States market has remained flat, yet it has risen by 16% over the past year with expectations of earnings growing annually by a similar rate in the coming years. In this context of steady growth, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and potential to outperform these promising market conditions.
Over the last 7 days, the United States market has remained flat, yet it has risen by 16% over the past year with expectations of earnings growing annually by a similar rate in the coming years. In this context of steady growth, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and potential to outperform these promising market conditions.
Vanguard Information Technology ETF (NYSEMKT:VGT) keeps costs low and spreads risk across more tech stocks, while Roundhill Investments Generative AI & Technology ETF (NYSEMKT:CHAT) charges more, pays a higher yield, and focuses on a narrower slice of AI-related companies with an ESG overlay. Both Vanguard Information Technology ETF and Roundhill Investments Generative AI & Technology ETF aim to c...
Vanguard Information Technology ETF (NYSEMKT:VGT) keeps costs low and spreads risk across more tech stocks, while Roundhill Investments Generative AI & Technology ETF (NYSEMKT:CHAT) charges more, pays a higher yield, and focuses on a narrower slice of AI-related companies with an ESG overlay. Both Vanguard Information Technology ETF and Roundhill Investments Generative AI & Technology ETF aim to capture growth in technology, but their approaches differ sharply: VGT tracks the broad U.S. tech sector using a passive, diversified strategy, while CHAT is actively managed and zeroes in on companies leading the generative artificial intelligence wave, with a global and ESG-aware lens. This comparison unpacks the trade-offs between broad tech exposure and a concentrated AI bet. Beta measures price volatility relative to the S&P 500; it is calculated from monthly returns over one year. The one-year return represents total return over the trailing 12 months. Continue reading
Chile’s truckers so far seem willing to accept steep increases in fuel prices if the new conservative government that many of them support delivers on its security pledge. “With or without subsidies, we have to keep working,” said Juan Carlos Espada, a 55-year-old truck driver who voted for President José Antonio Kast . “We can’t just say we’re going to stage a protest,” he added, noting he doesn’...
Chile’s truckers so far seem willing to accept steep increases in fuel prices if the new conservative government that many of them support delivers on its security pledge. “With or without subsidies, we have to keep working,” said Juan Carlos Espada, a 55-year-old truck driver who voted for President José Antonio Kast . “We can’t just say we’re going to stage a protest,” he added, noting he doesn’t think that would be fair to the government so soon after taking office. Lawmakers on Wednesday night approved a package of limited relief measures to mitigate the blow of major price hikes. Among the key groups left out of the plan are truckers, whose protests have snarled highways in the past. The Kast administration this week unleashed the full brunt of the oil price shock onto consumers, with few exceptions. Police fired water canons to break up a protest in downtown Santiago around midday on Thursday. Some metro stations were closed because of the disturbances. The fuel hikes of up to 54% mark the biggest increase at the pumps since Chile restored democracy in 1990. Some stations ran out of gasoline and diesel as drivers raced to fill up before the new prices took effect Thursday. Truckers that move most of Chile’s domestic cargo are warning of a wider impact, echoing a central bank report on Wednesday. “We are calling on all our partners nationwide to raise rates,” said José Villagrán, president of the Malleco and Cautín Truck Owners’ Trade Association. “Prices of all products in Chile will go up,” he said. “If freight costs rise, everything rises, and in the end consumers are the ones who are hurt.” Truckers already enjoy a tax credit that fluctuates between 30% and 80% of a “specific tax” on diesel. This benefit is maintained under the new mitigation measures. Industrial diesel users had their tax credit reduced to the same level as the truckers for six months. The truckers “receive special treatment,” former Finance Minister Felipe Larraín said in an interview wit...