Andrey Semenov/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist When we last covered the Eaton Vance Tax-Advantaged Global Dividend Income Fund ( ETG ), we went with a " Hold" rating due to the fund's discount narrowing. In fact, the last two updates on the fund had been "H old" ratings, but the fund has still continued to deliver solid total returns. This has come...
Andrey Semenov/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist When we last covered the Eaton Vance Tax-Advantaged Global Dividend Income Fund ( ETG ), we went with a " Hold" rating due to the fund's discount narrowing. In fact, the last two updates on the fund had been "H old" ratings, but the fund has still continued to deliver solid total returns. This has come from the solid underlying portfolio performance, thanks to a strong run in equities. However, it has also come a bit further from even more discount narrowing since our last write-up. That will keep it a " Hold" rating for now, and besides wanting to see the discount widen from the current level, a broader market pullback could also make it a more interesting name as valuations have been stretched for some time now. ETG Basics 1-Year Z-score: 0.25 Discount/Premium: -5.43% Distribution Yield: 6.61% Expense Ratio: 1.12% Leverage: 17.27% Managed Assets: $2.23 billion Structure: Perpetual ETG invests "primarily in global dividend-paying common and preferred stocks and seeks to distribute a high level of dividend income that qualifies for favorable federal income tax treatment." More specifically, the investment strategy is: Under normal market conditions, the Fund invests at least 80% of its total managed assets in dividend-paying common and preferred stocks of U.S. and foreign issuers that the Fund's investment adviser believes at the time of investment are eligible to pay dividends that qualify for federal income taxation at rates applicable to long-term capital gains. The Fund may invest in preferred stocks that are rated below investment grade. The Fund may also invest a portion of its assets in stocks and other securities that generate fully taxable ordinary income, including up to 30% of its total assets in securities rated below investment grade. Under normal market conditions, the Fund will invest (i) at least 25% of its total managed assets in the securities of U.S. i...
Mobocracy: Democratic Politicians Compete In Race To The Bottom Over ICE Shooting Authored by Jonathan Turley, This year, there has been a race to the bottom as Democratic politicians fuel the rage in our streets against Immigration and Customs Enforcement (ICE) officers. That continued this last week when Minnesota Gov. Tim Walz again rushed to judgment after a shooting, adding that the public sh...
Mobocracy: Democratic Politicians Compete In Race To The Bottom Over ICE Shooting Authored by Jonathan Turley, This year, there has been a race to the bottom as Democratic politicians fuel the rage in our streets against Immigration and Customs Enforcement (ICE) officers. That continued this last week when Minnesota Gov. Tim Walz again rushed to judgment after a shooting, adding that the public should not treat Border Patrol or ICE officers as real “law enforcement” officers. However, rock bottom was finally reached by Arizona Attorney General Kris Mayes (D), who not only said that she does not consider ICE officers to be “real law enforcement,” but raised the possibility of citizens shooting them under state law. First, the obvious. Mayes said , “I put [“officers”] in air quotes because I don’t think they are real law enforcement.” These are real law enforcement officers under federal law, enforcing federal law. Period. The effort by Walz, Mayes, and others to question their status or treat them as impostors is clearly designed to inflame citizens and encourage greater confrontations. It is a dangerous form of demagoguery. It is sending citizens into harm’s way, encouraging them to impede federal operations involving the arrest of criminal suspects. Mayes’s comments could justify many putting “attorney general” in air quotes since she is not only misleading citizens about the status of these officers but also enabling the very rage that is causing the injury and death of individuals. Again, repeating Walz’s talking points, she referred to these officers as “poorly trained.” She obviously has no idea about the training of these officers. The officer involved in the Alex Pretti shooting was an experienced officer with the Border Patrol. The officer involved in the prior Renée Good shooting was also an experienced officer. While mischaracterizing the officers, figures like Walz are sending demonstrably “untrained” citizens into highly dangerous situations. Walz specif...
The Commerce Dept. is taking a significant stake in USA Rare Earth. Rare-earth metals, which are needed for electric vehicles and other advanced technologies, have become a top priority for the Trump administration. China controls most of the world's rare-earth metals, and that's become a pain point in trade negotiations between the U.S. and China. As a result, the Trump administration is looking ...
The Commerce Dept. is taking a significant stake in USA Rare Earth. Rare-earth metals, which are needed for electric vehicles and other advanced technologies, have become a top priority for the Trump administration. China controls most of the world's rare-earth metals, and that's become a pain point in trade negotiations between the U.S. and China. As a result, the Trump administration is looking for a way to prop up American rare-earth miners, and it just made possibly its biggest move yet in that direction, announcing on Monday that the Commerce Dept would take a stake in USA Rare Earth (USAR +4.76%). The stock soared on the news, jumping as much as 29.5% this morning. USA Rare Earth gets Uncle Sam in its corner USA Rare Earth and the Dept. of Commerce signed a letter of intent this morning to provide $1.6 billion in funding, including $277 million in direct investment and $1.3 billion in loans under the CHIPS Act. Additionally, USA Rare Earth has raised $1.5 billion in a PIPE (private investment in public equity), led by Inflection Point, a Special Purpose Acquisition Company that helped USA Rare Earth go public last year. As part of that $277 million investment, the government is acquiring 16.1 million shares at $17.17 per share, a steep discount to where they trade today, and it's getting warrants connected to the $1.3 billion loan, which could be converted to approximately 17.5 million shares with an exercise price of $17.17. The deal will give the government a stake of 8%-16% in the company, depending on whether the warrants are exercised. Expand NASDAQ : USAR USA Rare Earth Today's Change ( 4.76 %) $ 1.18 Current Price $ 25.95 Key Data Points Market Cap $3.7B Day's Range $ 25.80 - $ 32.00 52wk Range $ 5.56 - $ 43.98 Volume 2.7M Avg Vol 12M What it means for USA Rare Earth According to the announcement, the new capital is expected to accelerate USAR's objectives in line with a set of goals for 2030 that includes extracting 40,000 metric tons of rare-earth min...
By Stephen Nellis SAN FRANCISCO, Jan 26 (Reuters) - Nvidia on Monday released three open-source artificial intelligence models aimed at helping create better weather forecasts, faster. The models, which the AI chip firm announced at the American Meteorological Society’s annual meeting in Houston, are part of a broader push by the company to provide open-source software, powered by its chips, fo...
By Stephen Nellis SAN FRANCISCO, Jan 26 (Reuters) - Nvidia on Monday released three open-source artificial intelligence models aimed at helping create better weather forecasts, faster. The models, which the AI chip firm announced at the American Meteorological Society’s annual meeting in Houston, are part of a broader push by the company to provide open-source software, powered by its chips, for everything from chatbots to self-driving vehicles. In the case of weather forecasting, Nvidia is aiming to replace expensive and time-consuming conventional weather simulations with AI-driven versions that the company said can rival or exceed the accuracy of older methods. The AI models, once trained, are also faster and cost less to run. Mike Pritchard, the director of climate simulation research for Nvidia and a professor of earth system sciences at the University of California, Irvine, said that one of the practical business applications of the new weather models will be in the insurance industry. Insurance companies often want to understand extreme outlier events, such as massive floods or hurricanes. But predicting such events in detail has historically been expensive, because weather forecasting is performed in "ensembles," or groups of individual "member" predictions about how a weather event might play out from a given starting point. To find possible outlier events, the ensembles must contain many members, but calculating each one in precise detail to see whether a particular property might flood is slow. "The tension is gone, because once trained, AI is 1,000 times faster," Pritchard said in an interview. "So you're free to run massive ensembles. And insurance companies are running like 10,000-member ensembles." Nvidia's "Earth-2" models introduced on Monday include one aimed at making 15-day weather forecasts, one that specializes in forecasts of up to six hours for severe storms over the U.S., and one that can be used to integrate disparate data str...
CoreWeave (CRWV) shares pushed notably higher on Jan. 26, after Nvidia (NVDA) announced a $2 billion investment in the artificial intelligence (AI) infrastructure company. CRWV believes this deal will help accelerate its buildout of “5 gigawatts of AI factories by 2030.” Still, it may not be enough for investors to load up on its stock at current levels. At its intraday peak, CoreWeave stock was s...
CoreWeave (CRWV) shares pushed notably higher on Jan. 26, after Nvidia (NVDA) announced a $2 billion investment in the artificial intelligence (AI) infrastructure company. CRWV believes this deal will help accelerate its buildout of “5 gigawatts of AI factories by 2030.” Still, it may not be enough for investors to load up on its stock at current levels. At its intraday peak, CoreWeave stock was seen trading nearly 65% higher than its December low. Jensen Huang’s Remarks Make CoreWeave Stock Less Attractive Nvidia’s investment in the AI infrastructure firm appears positive on the surface, but chief executive Jensen Huang's latest remarks warrant caution in buying CRWV stock today. Speaking with CNBC this morning, Huang said the chipmaker was investing a “small percentage” of what’s needed for a 5 GW buildout vital for the fast-growing AI industry. According to experts’ estimates, that sort of data center capacity may require as much as $75 billion in investments. This means Livingston, New Jersey-headquartered CoreWeave needs to raise billions more to deliver on its “5 GW” promise, some of which may come from debt or stock offerings, raising dilution risk for its existing shareholders. CRWV Shares’ Technicals Aren't Particularly Encouraging From a technical perspective, CoreWeave shares — following today’s surge — stand at an inflection point. At the time of writing, they’re challenging their 200-day moving average (MA) at the $104 level, a decisive break above which could accelerate upward momentum in the near term. On the flip side, however, CRWV’s failure to break out may reinforce that its broader downtrend remains intact. Also worth mentioning is that CoreWeave is currently trading at a price-to-sales (P/S) ratio of more than 10, which appears somewhat stretched given that the company has yet to turn a profit. Meanwhile, CRWV doesn’t pay a dividend to incentivize ownership either. What’s the Consensus Rating on CoreWeave? Despite aforementioned concerns, Wall S...
Rothschild & Co Redburn upgraded Meta to Buy and lifted its price target to $900, arguing the company can keep gaining share in non-search digital ads.
Rothschild & Co Redburn upgraded Meta to Buy and lifted its price target to $900, arguing the company can keep gaining share in non-search digital ads.
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: Toews Asset Management CEO Portfolio Manager Phillip Toews, Bloomberg's Jacob Lorinc and Myles Lorinc. (Source: Bloomberg)
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: Toews Asset Management CEO Portfolio Manager Phillip Toews, Bloomberg's Jacob Lorinc and Myles Lorinc. (Source: Bloomberg)
Apple's iPhone sales in India performed well in 2025, and there is positive sentiment heading into the company's earnings report later this week. Shares of the consumer tech giant Apple (AAPL +3.12%) traded over 3% higher, as of 2:37 p.m. ET today. Reports of the iPhone's market share gains in India, along with high hopes heading into earnings later this week, are driving the move. A potential ear...
Apple's iPhone sales in India performed well in 2025, and there is positive sentiment heading into the company's earnings report later this week. Shares of the consumer tech giant Apple (AAPL +3.12%) traded over 3% higher, as of 2:37 p.m. ET today. Reports of the iPhone's market share gains in India, along with high hopes heading into earnings later this week, are driving the move. A potential earnings surprise to the upside A TechCrunch report late Friday revealed that Apple's iPhone has grown market share in India to about 9%, up from 7% in 2024. The news follows somewhat recent reports of strong iPhone sales in China, and suggests the latest model of Apple's flagship product is being well received. Additionally, investors seem bullish on Apple's upcoming fiscal first-quarter earnings report for 2026, which will come out on Thursday. Apple's stock has struggled a bit in recent months due to investor concerns about higher memory prices and future iPhone demand, but the market may be overreacting, according to JPMorgan Chase analyst Samik Chatterjee. Expand NASDAQ : AAPL Apple Today's Change ( 3.12 %) $ 7.74 Current Price $ 255.78 Key Data Points Market Cap $3.6T Day's Range $ 249.80 - $ 256.56 52wk Range $ 169.21 - $ 288.62 Volume 1.5M Avg Vol 46M Gross Margin 46.91 % Dividend Yield 0.42 % Chatterjee believes the upcoming quarter could highlight Apple's strong recent iPhone 17 demand and solid performance in a difficult environment. Chatterjee sees an opportunity for Apple to report better-than-expected operating expenses and reassure investors that it can largely absorb higher memory prices with limited impact, thanks to its strong supply chain. Chatterjee reiterated his outperform rating on the stock and increased his price target by $10 to $315 per share. The company is well-positioned I continue to view Apple's stock as well-positioned from a long-term perspective. The company hasn't heavily spent on capital expenditures related to artificial intelligence, but ...
Getty Images Introduction Live Nation Entertainment, Inc. ( LYV ), parent company of Ticketmaster, has been in the news lately due to some developments regarding the lawsuits, so I thought I’d go through its performance over the last while to see if maybe this uncertainty provides an opportunity to invest. Unfortunately, even now the company seems to be very expensive, and on top of the uncertaint...
Getty Images Introduction Live Nation Entertainment, Inc. ( LYV ), parent company of Ticketmaster, has been in the news lately due to some developments regarding the lawsuits, so I thought I’d go through its performance over the last while to see if maybe this uncertainty provides an opportunity to invest. Unfortunately, even now the company seems to be very expensive, and on top of the uncertainty, I don’t see myself owning this company any time soon, unless its profitability increases substantially, which I don’t see happening right now. Briefly on Performance Starting from the top, LYV’s sales for the last year began to rebound after most of 2024 being in a downtrend. It is quite typical to see such a performance, as most people tend to go to a lot more outdoor/indoor events and concerts during the summer season rather than the cold seasons. Overall, however, the company has managed to grow its sales numbers every year at a decent pace since the bottom of the pandemic. Seeking Alpha In terms of profitability and efficiency, the company operates in a very tight-margin business. The company’s operating expenses are consistently well above 85%, and most recently as much as 90% of the total revenues, so it is not unexpected to see the company making a loss in the less busy seasons of the year, like winter and after the busy summer. Margins across the board have been rather consistent over the last while, which is better than a decline. Seeking Alpha Looking at other key efficiency metrics, we can see that the company’s ROA is nothing to write home about, while ROE is very elevated, which stems from the company’s massive financial leverage of around 20x, making ROE look very attractive when it is not the case at all. Additionally, the company’s ROTC is not bad. I would like to see it over 10% in the future, which would tell me the company has quite a bit of pricing power and a strong moat, and that makes sense because Ticketmaster has most of the market. Seeking Alpha...
Megacap earnings kick off this week and are especially important for the major indices, given the " Magnificent 7 " account for roughly a third of the S & P 500 Index . From a technical perspective, we focus on their setups heading into the earnings prints to assess whether the probabilities favor positive or negative reactions. Just as important is the post-earnings response, where we look for te...
Megacap earnings kick off this week and are especially important for the major indices, given the " Magnificent 7 " account for roughly a third of the S & P 500 Index . From a technical perspective, we focus on their setups heading into the earnings prints to assess whether the probabilities favor positive or negative reactions. Just as important is the post-earnings response, where we look for technical catalysts in the form of breakouts or breakdowns. Meta Platforms (META) and Microsoft (MSFT) , which report earnings on Wednesday, both display favorable technical setups heading into their releases. Each stock has undergone a prolonged corrective phase that has brought price back toward long-term, cloud-based support, denoted by the shaded area on the chart. META successfully retested its cloud last week, associated with an upturn in the weekly stochastics and improvement in intermediate-term momentum, reflected by a rising MACD histogram. MSFT also successfully tested cloud-based support last week and now shows a pending oversold upturn, alongside consecutive upticks in its MACD histogram. For META, resistance to watch sits near $681, defined by the Q4 earnings gap and the upper boundary of the cloud model. A gap above this level that holds through the end of the week would be a bullish catalyst, opening the door for a retest of the all-time high near $796. Conversely, a negative earnings reaction that results in two consecutive weekly closes below the cloud model would constitute a breakdown, targeting secondary support near $526. For MSFT, a positive catalyst would be confirmed by a decisive breakout above resistance in the $481-$485 zone, which is defined by the upper boundary of the weekly cloud model and the 200-day moving average (MA). Above this level, the next major resistance is the all-time high near $555. A breakdown below the cloud model in response to earnings would shift our focus to secondary support near $425. AAPL has also pulled back in recent we...
All colors are on sale right now, including the attractive blue shade. If you prefer over-ear headphones to earbuds and own an iPhone or another Apple device, the AirPods Max with USB-C are worth a look, especially now that you can buy them at Best Buy as part of a flash deal for $429.99 ($120 off) through tomorrow, January 27th. That’s $30 shy of their lowest price to date, and a notable deal giv...
All colors are on sale right now, including the attractive blue shade. If you prefer over-ear headphones to earbuds and own an iPhone or another Apple device, the AirPods Max with USB-C are worth a look, especially now that you can buy them at Best Buy as part of a flash deal for $429.99 ($120 off) through tomorrow, January 27th. That’s $30 shy of their lowest price to date, and a notable deal given these over-ears don’t often drop below $449.99 outside of big sales events. AirPods Max (USB-C) Where to Buy: $549.99 $429.99 at Best Buy $549 $449.99 at Walmart $549 $449.99 at Amazon The AirPods Max stand out thanks to their premium design, which uses premium materials like aluminum, steel, and fabric that feel more high-end than plastic rivals from Sony and Bose . They’re also one of the few pairs of over-ear headphones designed to work seamlessly with Apple gadgets, thanks to features like automatic device switching and hands-free Siri access. Additionally, they can tap into Apple’s Find My network and the company’s nifty audio sharing feature, which lets two pairs of AirPods or Beats headphones listen from a single iPhone or iPad. In terms of audio, the AirPods Max deliver well-balanced, natural sound with support for 24-bit / 48kHz lossless audio playback over USB-C, so you can listen to compatible songs with better detail and clarity. They also continue to deliver top-tier noise cancellation, support ultra-low latency audio, and feature a clear transparency mode, making them a great all-around option for Apple users.
Tesla’s new registrations in Europe fell to 35,280 in December, even as the broader battery-electric vehicle market saw new registrations surge more than 50%. Tesla, Inc. (NASDAQ: TSLA) releases a financial earnings report on October 23, 2025. (Photo by Mike Campbell/NurPhoto via Getty Images) From January through December, Tesla’s European registrations dropped around 27% to 238,656 units. In the...
Tesla’s new registrations in Europe fell to 35,280 in December, even as the broader battery-electric vehicle market saw new registrations surge more than 50%. Tesla, Inc. (NASDAQ: TSLA) releases a financial earnings report on October 23, 2025. (Photo by Mike Campbell/NurPhoto via Getty Images) From January through December, Tesla’s European registrations dropped around 27% to 238,656 units. In the European Union (EU) alone, Tesla’s new registrations declined nearly 32% in December. BYD reported 27,678 new registrations in December, a 230% increase from the previous year. Tesla Inc.’s (TSLA) European challenges intensified in December, as fresh data from the European Automobile Manufacturers’ Association (ACEA) showed a sharp decline in registrations despite a booming electric vehicle (EV) market. Its shrinking market share adds to concerns about competitive pressures heading into 2026. Tesla recorded 35,280 new registrations during the month, down 20% year over year from 44,190 units. This underperformance stood in stark contrast to the broader battery-electric vehicle (BEV) market, where registrations surged 50.3% to 308,955 units. As a result, Tesla’s BEV market share fell to 11.4%, nearly halving from 21.5% a year earlier. The weakness was even more pronounced over the full year. From January through December, Tesla’s European registrations dropped around 27% to 238,656 units. Chinese Competitors Hurt Market Share Meanwhile, competition from China continued to gain ground. BYD reported 27,678 registrations in December, marking a remarkable 230% increase from the previous year. For full-year 2025, BYD’s European registrations jumped to 187,657, up from just 50,912 in 2024. SAIC also reported solid growth. New registrations in December rose more than 15% year over year to 31,806 units, while full-year registrations climbed 25% to 305,717. In the European Union (EU) alone, Tesla’s new registrations declined nearly 32% in December and 38% in 2025. Overall, new car re...
On January 26, 2026, Generali Powszechne Towarzystwo Emerytalne disclosed a buy of MercadoLibre (NASDAQ:MELI) stock, increasing its stake in the Uruguay-based conglomerate. According to a Securities and Exchange Commission (SEC) filing dated January 26, 2026, Generali Powszechne Towarzystwo Emerytalne increased its position in MercadoLibre by 5,030 shares. The estimated transaction value is $10.57...
On January 26, 2026, Generali Powszechne Towarzystwo Emerytalne disclosed a buy of MercadoLibre (NASDAQ:MELI) stock, increasing its stake in the Uruguay-based conglomerate. According to a Securities and Exchange Commission (SEC) filing dated January 26, 2026, Generali Powszechne Towarzystwo Emerytalne increased its position in MercadoLibre by 5,030 shares. The estimated transaction value is $10.57 million, calculated using the average closing price for the quarter. The fund's quarter-end MercadoLibre position rose by $6.88 million in value, reflecting both additional purchases and share price changes. MercadoLibre, Inc. is a leading e-commerce and fintech provider in Latin America, leveraging a diversified ecosystem that integrates online marketplaces, digital payments, and logistics solutions. The company's scale, with over 84,000 employees and a broad regional presence, supports rapid innovation and operational resilience. MercadoLibre's competitive advantage lies in its ability to combine commerce and financial technology, driving user engagement and sustained growth across multiple high-potential markets. Continue reading
Colombia’s largest cement maker Grupo Argos is eying a return to Venezuela after US forces removed President Nicolas Maduro , and is optimistic it may regain assets that were expropriated decades ago by the socialist regime. “We believe that this process of normalization in Venezuela will take some time but will include the recognition of investors who were expropriated and who were never paid, li...
Colombia’s largest cement maker Grupo Argos is eying a return to Venezuela after US forces removed President Nicolas Maduro , and is optimistic it may regain assets that were expropriated decades ago by the socialist regime. “We believe that this process of normalization in Venezuela will take some time but will include the recognition of investors who were expropriated and who were never paid, like us,” Jorge Mario Velasquez , president of Grupo Argos, said in an interview in Medellin. “Our plant was taken, expropriated in 2006, and Argos was never paid for what was invested.” Maduro’s sudden detention is fueling optimism among Colombia’s largest companies that once had big business in neighboring Venezuela, which used to be one of the country’s top trading partners. Colombian exports to Venezuela peaked in 2008 at $6.1 billion, according to the International Monetary Fund , but plummeted to as low as $320 million in 2017 as the oil-rich economy collapsed due to mismanagement and widespread state intervention. Still, many hurdles remain, ranging from security concerns to the implementation of a framework that could guarantee private investment in Venezuela. Velasquez said Argos executives have yet to plan a trip to Caracas but intend to do so. He said he is particularly encouraged by US President Donald Trump defending the rights of foreign oil companies that were expropriated during the socialist administrations of Maduro and predecessor Hugo Chavez . He hopes Trump’s message will extend to other industries. White House Pushes Quick Repairs to Revive Venezuela Oil Output Venezuela Investors Face Legal Minefield as US Calibrates Stance Hugo Chávez’s Questionable Oil Figures Are Now Trump’s to Tout Maduro Fixer’s Fall Signals Power Shift in Rodriguez’s Venezuela Brazil’s Billionaire Batistas Poised for Venezuelan Oil Revival A Trader’s Guide to Venezuela as Trump Eyes Its Oil Industry “We built the Venezuela oil industry with American talent, drive and skill, and th...
This article first appeared on GuruFocus. Micron Technology (MU, Financials) shares fell about 2% Monday after reports that Samsung Electronics is nearing certification from Nvidia for its latest high bandwidth memory chips. The development positions Samsung to become the first to ship the new memory generation used in AI data centers. Bloomberg reported that Samsung entered the final qualificatio...
This article first appeared on GuruFocus. Micron Technology (MU, Financials) shares fell about 2% Monday after reports that Samsung Electronics is nearing certification from Nvidia for its latest high bandwidth memory chips. The development positions Samsung to become the first to ship the new memory generation used in AI data centers. Bloomberg reported that Samsung entered the final qualification stage with Nvidia after sending sample chips in September. Production is expected to begin next month, potentially shifting market share in the competitive HBM segment dominated by SK Hynix. Despite the news, analysts noted that AI-related demand remains strong enough to benefit all suppliers. Mizuho analyst Jordan Klein said the HBM4 market is not a zero-sum game, with prices likely to rise sharply due to limited capacity. Micron's decline reflects investor caution, but the long-term outlook for AI memory suppliers remains robust as Nvidia ramps production of its Rubin processors later this year.
This article first appeared on GuruFocus. Micron Technology (MU, Financials) shares fell about 2% Monday after reports that Samsung Electronics is nearing certification from Nvidia for its latest high bandwidth memory chips. The development positions Samsung to become the first to ship the new memory generation used in AI data centers. Bloomberg reported that Samsung entered the final qualificatio...
This article first appeared on GuruFocus. Micron Technology (MU, Financials) shares fell about 2% Monday after reports that Samsung Electronics is nearing certification from Nvidia for its latest high bandwidth memory chips. The development positions Samsung to become the first to ship the new memory generation used in AI data centers. Bloomberg reported that Samsung entered the final qualification stage with Nvidia after sending sample chips in September. Production is expected to begin next month, potentially shifting market share in the competitive HBM segment dominated by SK Hynix. Despite the news, analysts noted that AI-related demand remains strong enough to benefit all suppliers. Mizuho analyst Jordan Klein said the HBM4 market is not a zero-sum game, with prices likely to rise sharply due to limited capacity. Micron's decline reflects investor caution, but the long-term outlook for AI memory suppliers remains robust as Nvidia ramps production of its Rubin processors later this year.
Seven of the 11 teams were running on Monday - Red Bull, Mercedes, Racing Bulls, Haas, Alpine and the new Audi and Cadillac teams. McLaren said last week that they would not take their car on to the track until after day one as a result of trying to maximise design time. Ferrari, after an initial test at their factory last week, had also announced they would not run on Monday. Aston Martin have sa...
Seven of the 11 teams were running on Monday - Red Bull, Mercedes, Racing Bulls, Haas, Alpine and the new Audi and Cadillac teams. McLaren said last week that they would not take their car on to the track until after day one as a result of trying to maximise design time. Ferrari, after an initial test at their factory last week, had also announced they would not run on Monday. Aston Martin have said their new car will not be ready until Thursday, and Williams are missing the test entirely after delays to their design and production programme. No times were issued, and all teams ran into at least some technical issues as they learned about their new cars. Rival teams were impressed by the amount of mileage the two Red Bull teams managed considering it was the first full day of running with their new in-house engine, which has been developed in conjunction with new partner Ford. Before the test started, McLaren and Red Bull revealed images of their 2026 cars for the first time. McLaren, who won the drivers' and constructors' championship double last year for the first time since 1998, showed the car in the one-off testing livery it will run in this week. Red Bull showed studio shots of their car, carefully chosen to disguise key design features. Russell added: "We are pleased with our day, but I've also been impressed by several other teams. "The Red Bull power unit has completed a lot of laps which, given that it's their first engine they've built, means they've clearly done a good job. "Haas also managed a similar amount of running to ourselves, so the Ferrari power unit has also put together plenty of mileage. It's not quite how it was in 2014! The sport has evolved so much since then and the level, in every single aspect, is so high now." Audi have taken over the Sauber team for the German car company's first entry into F1. They suffered a reliability issue that prevented Bortoleto driving in the afternoon. Team principal Jonathan Wheatley said: "We had a technica...
In afternoon trading on Monday, Services stocks are the worst performing sector, showing a 0.3% loss. Within the sector, The Trade Desk Inc (Symbol: TTD) and Darden Restaurants, Inc. (Symbol: DRI) are two of the day's laggards, showing a loss of 8.4% and 5.7%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), wh...
In afternoon trading on Monday, Services stocks are the worst performing sector, showing a 0.3% loss. Within the sector, The Trade Desk Inc (Symbol: TTD) and Darden Restaurants, Inc. (Symbol: DRI) are two of the day's laggards, showing a loss of 8.4% and 5.7%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is down 0.4% on the day, and up 2.17% year-to-date. The Trade Desk Inc, meanwhile, is down 11.84% year-to-date, and Darden Restaurants, Inc. is up 6.52% year-to-date. Combined, TTD and DRI make up approximately 0.6% of the underlying holdings of IYC. The next worst performing sector is the Materials sector, showing a 0.1% loss. Among large Materials stocks, Builders FirstSource Inc. (Symbol: BLDR) and Steel Dynamics Inc. (Symbol: STLD) are the most notable, showing a loss of 3.1% and 3.1%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 0.3% in midday trading, and up 10.52% on a year-to-date basis. Builders FirstSource Inc., meanwhile, is up 15.26% year-to-date, and Steel Dynamics Inc. is up 3.93% year-to-date. STLD makes up approximately 3.2% of the underlying holdings of XLB. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, four sectors are up on the day, while three sectors are down. Sector % Change Utilities +0.9% Technology & Communications +0.7% Healthcare +0.3% Industrial +0.1% Consumer Products 0.0% Financial 0.0% Materials -0.1% Energy -0.1% Services -0.3% 25 Dividend Giants Widely Held By ETFs » Also see: Top Ten Hedge Funds Holding VRTX Principal Financial Group shares outstanding history Williams S...
The best performing sector as of midday Monday is the Utilities sector, up 0.9%. Within that group, AES Corp (Symbol: AES) and PG&E Corp (Symbol: PCG) are two of the day's stand-outs, showing a gain of 3.2% and 1.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.8% on the day, and up 0.46% year-to-date. AES Cor...
The best performing sector as of midday Monday is the Utilities sector, up 0.9%. Within that group, AES Corp (Symbol: AES) and PG&E Corp (Symbol: PCG) are two of the day's stand-outs, showing a gain of 3.2% and 1.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.8% on the day, and up 0.46% year-to-date. AES Corp, meanwhile, is up 2.55% year-to-date, and PG&E Corp, is down 4.98% year-to-date. Combined, AES and PCG make up approximately 3.3% of the underlying holdings of XLU. The next best performing sector is the Technology & Communications sector, higher by 0.7%. Among large Technology & Communications stocks, Arista Networks Inc (Symbol: ANET) and Seagate Technology Holdings PLC (Symbol: STX) are the most notable, showing a gain of 5.8% and 4.9%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 1.0% in midday trading, and up 1.79% on a year-to-date basis. Arista Networks Inc, meanwhile, is up 10.12% year-to-date, and Seagate Technology Holdings PLC is up 31.86% year-to-date. Combined, ANET and STX make up approximately 1.9% of the underlying holdings of XLK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, four sectors are up on the day, while three sectors are down. Sector % Change Utilities +0.9% Technology & Communications +0.7% Healthcare +0.3% Industrial +0.1% Consumer Products 0.0% Financial 0.0% Materials -0.1% Energy -0.1% Services -0.3% 25 Dividend Giants Widely Held By ETFs » Also see: MTCR YTD Return Top Ten Hedge Funds Holding TLGA BNS YTD Return The views and opinions expressed herein are...