Investors in Select Sector SPDR Trust - State Street Energy Select Sector SPDR ETF (Symbol: XLE) saw new options become available today, for the March 2027 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 3
Investors in Select Sector SPDR Trust - State Street Energy Select Sector SPDR ETF (Symbol: XLE) saw new options become available today, for the March 2027 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 3
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 400 Mid Cap ETF (Symbol: SPMD) where we have detected an approximate $535.8 million dollar outflow -- that's a 3.3% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 400 Mid Cap ETF (Symbol: SPMD) where we have detected an approximate $535.8 million dollar outflow -- that's a 3.3% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) where we have detected an approximate $456.6 million dollar outflow -- that's a 0.3% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) where we have detected an approximate $456.6 million dollar outflow -- that's a 0.3% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P SmallCap Momentum ETF (Symbol: XSMO) where we have detected an approximate $622.6 million dollar outflow -- that's a 21.4% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P SmallCap Momentum ETF (Symbol: XSMO) where we have detected an approximate $622.6 million dollar outflow -- that's a 21.4% decrease
YieldMax ABNB Option Income Strategy ETF ( ABNY ) announces weekly distribution of $0.3420, 2.69% higher from the prior week's distribution of $0.3328. The annual distribution rate is 43.37%, with an SEC yield of 2.59%. The return of capital is 5.43%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax™ ABNB Option Income Strategy ETF Seeking ...
YieldMax ABNB Option Income Strategy ETF ( ABNY ) announces weekly distribution of $0.3420, 2.69% higher from the prior week's distribution of $0.3328. The annual distribution rate is 43.37%, with an SEC yield of 2.59%. The return of capital is 5.43%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax™ ABNB Option Income Strategy ETF Seeking Alpha’s Quant Rating on YieldMax™ ABNB Option Income Strategy ETF Dividend scorecard for YieldMax™ ABNB Option Income Strategy ETF
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the CALF ETF (Symbol: CALF) where we have detected an approximate $520.5 million dollar outflow -- that's a 13.8% decrease week over week (from 83,950,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the CALF ETF (Symbol: CALF) where we have detected an approximate $520.5 million dollar outflow -- that's a 13.8% decrease week over week (from 83,950,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Schwab U.S. Large-Cap Growth ETF (Symbol: SCHG) where we have detected an approximate $206.8 million dollar inflow -- that's a 0.4% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Schwab U.S. Large-Cap Growth ETF (Symbol: SCHG) where we have detected an approximate $206.8 million dollar inflow -- that's a 0.4% increase week ove
In this article INTC APO Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:22 01:22 Intel to buy back Apollo stake in Ireland factory for $14.2 billion Squawk on the Street Intel shares jumped 9% Wednesday after the U.S chipmaker announced it would repurchase the 49% equity interest it did not own in its Fab 34 chip facility in Ireland for $14.2 billion. The semiconductor company s...
In this article INTC APO Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:22 01:22 Intel to buy back Apollo stake in Ireland factory for $14.2 billion Squawk on the Street Intel shares jumped 9% Wednesday after the U.S chipmaker announced it would repurchase the 49% equity interest it did not own in its Fab 34 chip facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake in its Ireland manufacturing facility to buyout firm Apollo Global Management in 2024 for $11.2 billion. "Our 2024 agreement was the right structure at the right time and provided Intel with meaningful flexibility, enabling us to accelerate critical initiatives," Intel CFO David Zinser said in a press release. "Today, we have a stronger balance sheet, improved financial discipline and an evolved business strategy." The move is a sign that the company is back on solid footing with renewed confidence. When Intel sold its stake in 2024, it was a very different time for the U.S.-chipmaker. The company was in the midst of a $100 billion investment to expand chipmaking in the U.S., including a massive chip fabrication plant, or fab, that opened in Arizona last year. After years of falling behind chipmaking leader Taiwan Semiconductor Manufacturing Company , former CEO Pat Gelsinger went all-in on Intel's foundry ambitions in the U.S. He was ousted at the end of 2024, but Intel's Arizona chip factory project remained on track. Intel said the repurchase agreement "underpinned by the growing and essential role CPUs play in the era of AI." Intel now manufactures chips at its most advanced node, 18A, in Arizona but has yet to secure a major external customer. For now, Intel is its own primary customer, making its Core Ultra series 3 PC processor at that plant. Read more CNBC tech news Nebius unveils plans to build one of Europe's largest AI factories as region scrambles for compute Micron shares have cratered 30% since the memory maker reported blowout earnings Delaw...
Track forced to cancel scheduled meetings Chaotic concert aftermath led to legal action The oft-troubled history of Chelmsford City racecourse in Essex took its latest turn for the worse on Wednesday when the track lost its licence to host fixtures, forcing the cancellation of scheduled meetings including the lucrative Good Friday fixture and putting the long-term future of the venue in serious do...
Track forced to cancel scheduled meetings Chaotic concert aftermath led to legal action The oft-troubled history of Chelmsford City racecourse in Essex took its latest turn for the worse on Wednesday when the track lost its licence to host fixtures, forcing the cancellation of scheduled meetings including the lucrative Good Friday fixture and putting the long-term future of the venue in serious doubt. There have been enough twists in the Chelmsford saga that Justin Timberlake’s apparent walk-on part in the latest chapter feels like just one more to add to the list. Continue reading...
India’s monetary authority stepped up efforts to curb speculation against the battered rupee, restricting lenders from offering certain offshore foreign exchange derivative contracts, just days after it clamped down on banks’ local currency limits. The Reserve Bank of India said late Wednesday that authorized dealers in the currency market were prohibited from offering non-deliverable derivative c...
India’s monetary authority stepped up efforts to curb speculation against the battered rupee, restricting lenders from offering certain offshore foreign exchange derivative contracts, just days after it clamped down on banks’ local currency limits. The Reserve Bank of India said late Wednesday that authorized dealers in the currency market were prohibited from offering non-deliverable derivative contracts using the rupee to resident or non-resident users. Banks have also been instructed not to undertake any foreign exchange derivative contract with their related parties. Banks can, however, offer deliverable foreign exchange contracts for users to meet their hedging needs as long as they do not enter into overseas positions to offset those transactions, the RBI said. The latest instructions are applicable immediately and comes days after the RBI undertook its boldest step in more than a decade by curbing lenders daily currency positions to just $100 million. The measure had a fleeting impact on the rupee, with the local currency closing at 94.8325 per dollar on Monday, taking its loss to 4% since the Iran war broke out and ranking as Asia’s worst performer so far this year. The onshore currency market was shut on Tuesday and Wednesday for holidays and will resume for trading on Thursday. On Wednesday, the RBI said banks should not allow customers to rebook any foreign exchange derivative contract, whether deliverable or non-deliverable that are canceled after the date of issuance of the latest instructions. “This is a stronger measure to curtail the offshore speculation against the rupee,” said Dilip Parmar , currency analyst, HDFC Securities. “I expect a sharp appreciation on Thursday,” he said, referring to the currency.
Oracle (ORCL) announced thousands of layoffs on Tuesday. In the video above, Winthrop Capital chief investment officer Adam Coons shares his thoughts on the layoffs and explains why Oracle might be a problematic investment.
Oracle (ORCL) announced thousands of layoffs on Tuesday. In the video above, Winthrop Capital chief investment officer Adam Coons shares his thoughts on the layoffs and explains why Oracle might be a problematic investment.
Sundry Photography/iStock Editorial via Getty Images Benchmark started coverage of ServiceNow ( NOW ) with a Buy rating and a $125 price target. Shares of ServiceNow were largely flat on Wednesday. "We are initiating coverage of ServiceNow, Inc. ( NOW ) with a Buy rating and a $125 price target, on a cloud architect platform seamlessly unifying artificial intelligence (AI), data, security, and aut...
Sundry Photography/iStock Editorial via Getty Images Benchmark started coverage of ServiceNow ( NOW ) with a Buy rating and a $125 price target. Shares of ServiceNow were largely flat on Wednesday. "We are initiating coverage of ServiceNow, Inc. ( NOW ) with a Buy rating and a $125 price target, on a cloud architect platform seamlessly unifying artificial intelligence (AI), data, security, and automated workflows to unlock the power of productive enterprise collaboration via digital transformation. We believe the market has unjustifiably punished NOW, down ~45% since the January 2025 peak, likely driven by market concerns of AI/GenAI disruption and last year’s acquisition spending spree. We view ServiceNow as a beneficiary of the Agentic AI super cycle and believe patient investors should take advantage of this market selloff and accumulate shares of this high quality, profitable growth SaaS name at scale," said analyst Yi Fu Lee. The analyst believes that ServiceNow's trusted platform will reap the upside benefit as AI tokens transition from the piloting phase to embedding in daily mission-critical workflows or operations. The analyst added that ServiceNow's success factors are driven by flexible open architecture to cloud neutrality, large language model, or LLM, data source, and extensive system integrations. "We view AI/frontier LLM providers and ServiceNow as having a symbiotic relationship; each requires the other to elevate common success. ServiceNow has built a savvy universal mouse trap to win both ways, whether the customer builds the platform elsewhere secured by ServiceNow’s AI Control Tower or outright adopts the IT Service platform," said Lee. Lee added that the selloff inspired by AI/GenAI disruption concerns is unwarranted, presenting an attractive entry point. The analyst believes that ServiceNow has strategically positioned its dominant strength as the trusted operator in handling global organization workflows to work harmoniously with the leading ...
Intel has agreed to buy back full control of its massive chip factory in Ireland through the repurchase of Apollo Global Management’s stake in the venture, sending its stock higher. Intel stock gained 6.9% to $47.18 following the announcement. Intel owned the remaining 51% and maintained full ownership and operational control of Fab 34 and its assets.
Intel has agreed to buy back full control of its massive chip factory in Ireland through the repurchase of Apollo Global Management’s stake in the venture, sending its stock higher. Intel stock gained 6.9% to $47.18 following the announcement. Intel owned the remaining 51% and maintained full ownership and operational control of Fab 34 and its assets.
Brazil’s Raízen SA has presented creditors with details of its plan to restructure $12.6 billion of debt, which includes a grace period of at least five years and would see them take over a large equity stake and have more say in the sugar and ethanol producer, according to people familiar with the matter. The proposal, which will be discussed next week during meetings in New York, would convert a...
Brazil’s Raízen SA has presented creditors with details of its plan to restructure $12.6 billion of debt, which includes a grace period of at least five years and would see them take over a large equity stake and have more say in the sugar and ethanol producer, according to people familiar with the matter. The proposal, which will be discussed next week during meetings in New York, would convert at least 45% of debt into equity, the people said, asking not to be named because the information isn’t public. That would leave creditors with as much as 70% of Raízen’s ordinary shares if the stock is priced at about 40 centavos, they said, adding that the price is not final. The stock is currently trading at around 50 centavos. The plan would leave the company with leverage of 3 to 3.5 times Ebitda, from a current 5.3 times, and pave the way for eventually splitting its sugar and ethanol unit from the fuel distribution businesses. The former would have eight years to begin repaying the principal on its outstanding debts, while the latter would have five years, the people said. Creditors would be able to appoint three out of seven members of the company’s board of directors, while Shell would appoint the other four, they added. Raízen and Cosan SA — which co-owns Raízen with Shell Plc — declined to comment. Shell did not respond to a request for comment. Some details of the proposal were first reported on by local media O Globo and The AgriBiz. Raízen last month inked a deal to start an out-of-court restructuring of debt worth around 65 billion reais ($12.6 billion). At the time, creditors holding 47% of the company’s debt agreed to the talks, buying the struggling company time to get buy-in from other creditors on a more comprehensive plan. Shell, which co-owns Raízen with Brazilian conglomerate Cosan, already agreed to inject 3.5 billion reais into the company. While Cosan is no longer in talks with the oil producer to rescue the company, its founder Rubens Ometto also a...
The long-standing practice of UK lenders paying car dealers secret commissions to sell their loans to motorists has come to a halt after a series of court rulings paved the way for refunds to millions of customers. Banks and car manufacturers have set aside billions of pounds to compensate car buyers who unwittingly paid the unlawful commissions. Claimants can expect to be paid £829 on average, up...
The long-standing practice of UK lenders paying car dealers secret commissions to sell their loans to motorists has come to a halt after a series of court rulings paved the way for refunds to millions of customers. Banks and car manufacturers have set aside billions of pounds to compensate car buyers who unwittingly paid the unlawful commissions. Claimants can expect to be paid £829 on average, up from a previous estimate of around £775, according to the Financial Conduct Authority , which outlined the final shape of the compensation plan in late March. The regulator estimates that millions of individuals will receive refunds this year, with most to receive their money by the end of 2027. What was the problem? A lot of British car dealers don’t just sell cars. They also arrange the loans for customers to buy those cars. The dealer won twice by making a profit on the sale of the vehicle and a commission from the lender for introducing the business to them. Dealers could get direct payments from lenders as a fixed percentage of the amount borrowed, or a cut of the interest payments — a practice known as discretionary commission that risked further inflating costs for buyers. After a legal battle, the Supreme Court upheld the right of car dealers to act in their own commercial interests when they arrange financing, indicating it did not oppose the general practice of offering a loan as part of a sale. But the judges said compensation must be paid in cases of the most serious abuse, where commissions were too high and customers were expected to read lengthy contracts to understand the terms. What was the upshot of the ruling? The Supreme Court’s decision was seen by analysts at the time as a “ huge win ” for lenders. About two months later, acting upon the court’s ruling, the FCA came out with a refund program carrying an initial total compensation cost of £8.2 billion for what it called the industry’s “widespread failures to disclose” hidden charges to customers. Follo...
Earnings Call Insights: Axe Compute Inc. (AGPU) Q4 2025 Management View CEO Christopher Miglino framed the company’s recent pivot around a GPU capacity platform and AI infrastructure, saying, "In September of 2025, we launched our Strategic Compute Reserve, our GPU capacity platform. By December, we initiated a strategic expansion into AI infrastructure and rebranded as Axe Compute on NASDAQ. In F...
Earnings Call Insights: Axe Compute Inc. (AGPU) Q4 2025 Management View CEO Christopher Miglino framed the company’s recent pivot around a GPU capacity platform and AI infrastructure, saying, "In September of 2025, we launched our Strategic Compute Reserve, our GPU capacity platform. By December, we initiated a strategic expansion into AI infrastructure and rebranded as Axe Compute on NASDAQ. In February of this year, I stepped into the CEO role." CEO Miglino highlighted leadership and governance changes, stating, "effective March 26, we added 2 exceptional industry leaders to our Board, Theodore Zhu and Thorsten Dirks," and adding, "I'd also like to announce today that Kyle Okamoto is starting as the President of the company." CEO Miglino said the company is evaluating its legacy operations: "I also briefly want to address our drug discovery services legacy segment. Strategic options are under evaluation, and we'll share more of that process as it develops." CEO Miglino emphasized recent commercial activity and near-term contracted income, saying, "We've executed approximately $12 million in total contract value over the last month or so, subject to deployment and performance terms," and "We're entering Q2 with an expected monthly contract value of approximately $850,000 as deployments come online, that translates to $7.7 million in contracted 2026 income signed at this time." CEO Miglino described contract structure and customer footprint, including that the company has "more than 20 enterprise customers with over 30 active deployments live," and said contracts are designed with "partial payments in advance" where "we get paid before compute is provided." CFO Joshua Blacher said FY2025 results were heavily impacted by noncash items: "Our fiscal year 2025 income statement includes 2 large noncash items that significantly affect the reported net loss figure and are not reflective of our underlying operational performance." President Kyle Okamoto positioned the go-to...
PonyWang/E+ via Getty Images Global stock markets recorded their largest-ever monthly loss in nominal terms in March, with roughly $12T in market value erased, as a sharp and highly synchronized selloff swept across regions, according to data shared by Bloomberg's David Ingles . Data tracking monthly changes in global equity market capitalization shows the scale of the decline stands out in absolu...
PonyWang/E+ via Getty Images Global stock markets recorded their largest-ever monthly loss in nominal terms in March, with roughly $12T in market value erased, as a sharp and highly synchronized selloff swept across regions, according to data shared by Bloomberg's David Ingles . Data tracking monthly changes in global equity market capitalization shows the scale of the decline stands out in absolute terms, surpassing previous drawdowns as the size of global markets has expanded significantly over time. The latest drop, marked at around negative $11.8T on the chart, reflects the growing sensitivity of a much larger global equity base to risk-off shocks. Historically, the most severe month in percentage terms remains during the 2008 financial crisis, even as the current episode eclipses it in nominal value. The comparison highlights how market expansion over the past decade has amplified the dollar impact of volatility. The chart also signals a structural pickup in volatility, with wider swings recently compared with the more muted fluctuations seen in the early 2000s. Notable spikes around 2020 and the latest downturn suggest that global shocks are increasingly translating into sharper, more immediate repricing across asset classes. Here are major country-specific equity ETFs ranked by year-to-date performance, along with their quant ratings: iShares MSCI Brazil ETF ( EWZ ), Buy (4.38), YTD +20.84% iShares MSCI Hong Kong ETF ( EWH ), Hold (3.26), YTD +8.66% iShares MSCI Mexico ETF ( EWW ), Buy (4.23), YTD +8.51% iShares MSCI Australia ETF ( EWA ), Sell (2.22), YTD +5.99% iShares MSCI Israel ETF ( EIS ), Buy (4.40), YTD +5.46% iShares MSCI Japan ETF ( EWJ ), Hold (3.23), YTD +4.58% iShares MSCI United Kingdom ETF ( EWU ), Buy (3.99), YTD +3.59% Global X MSCI Argentina ETF ( ARGT ), Strong Buy (4.52), YTD +2.09% iShares MSCI Canada ETF ( EWC ), Buy (4.20), YTD +1.59% iShares MSCI Spain ETF ( EWP ), Buy (4.35), YTD +0.74% iShares MSCI Italy ETF ( EWI ), Buy (4.13), YTD ...