GoranQ/E+ via Getty Images The iShares MSCI Taiwan ETF ( EWT ) is an ETF fund that aims to offer targeted exposure to the Taiwanese equity market through replication of the MSCI Taiwan 25/50 Index. Due to the specific structure of the Taiwanese economy, EWT can be described as a highly focused technology play where the weight allocated to information technology makes up more than 74% of the total ...
GoranQ/E+ via Getty Images The iShares MSCI Taiwan ETF ( EWT ) is an ETF fund that aims to offer targeted exposure to the Taiwanese equity market through replication of the MSCI Taiwan 25/50 Index. Due to the specific structure of the Taiwanese economy, EWT can be described as a highly focused technology play where the weight allocated to information technology makes up more than 74% of the total fund composition. The ETF is strongly dominated by one company- Taiwan Semiconductor Manufacturing Company ( TSM )—with Hon Hai Precision Industry (Foxconn) ( HNHAF ) and MediaTek being among others that dominate the space. Data by YCharts EWT has gained strategic importance due to the fact that it is located right at the absolute center of the AI infrastructure revolution. The growing needs of hyperscalers and businesses in terms of HPC capabilities have been channeled directly to Taiwan's industrial core. Due to the fact that advanced accelerators for AI, for example, NVIDIA's ( NVDA ) new architecture, depend solely on Taiwanese chip manufacturing, packaging, and assembly. EWT is not only a representation of emerging markets' economy but also a key entry point into the actual infrastructure underpinning the software revolution. The Fund Regarding the fund itself, the expense ratio is 59 basis points, and it earns a Seeking Alpha C Expense Grade. Liquidity is rather high compared to the median ETF, with an average daily dollar volume on a 3-month basis around $544 million and an AUM of $10.17 billion, earning it a Seeking Alpha A+ Liquidity Grade. Seeking Alpha We touched on briefly regarding the fund's sector allocation; going into detail, the bulk of the exposure is the Technology sector with around a 74% weight, and Financials coming in second with around 13%, followed by Industrials and Basic Materials with around 4.7% and 3.4%, respectively. Seeking Alpha Regarding performance, EWT has performed brilliantly on every time scale, beating the median ETF by a wide margin...
In the next five years, the Earth is overwhelmingly likely to surge again and again past the international climate threshold set as safe and shatter its hottest-year record along the way, according to new United Nations climate projections. The World Meteorological Organization also forecasts an overheating Arctic that warms nearly 1.66 degrees Celsius (3 Fahrenheit) between now and 2030 and a dan...
In the next five years, the Earth is overwhelmingly likely to surge again and again past the international climate threshold set as safe and shatter its hottest-year record along the way, according to new United Nations climate projections. The World Meteorological Organization also forecasts an overheating Arctic that warms nearly 1.66 degrees Celsius (3 Fahrenheit) between now and 2030 and a dangerous drought with potential wildfires for the Amazon, a crucial part of Earth’s natural defences to lessen human-caused climate change. A hotter globe from the burning of coal, oil and gas means more extreme weather including floods, droughts and heatwaves, scientists said. Advertisement The projections by the UN climate agency and the United Kingdom’s Meteorological Office said there was a 75 per cent chance that the average global temperature between 2026 and 2030 would exceed 1.5 degrees since pre-industrial times. That threshold was the agreed-upon limit of warming – averaged over 20 years – set in 2015 by the Paris climate agreement. A UN science report a few years later detailed how exceeding that 1.5 mark means more likely death, danger and species loss. Even though it was only a few tenths of a degree, some of the planet’s ecosystems, such as coral and glaciers, cannot handle the strain. Advertisement There was a 91 per cent chance that at least one of the next five years would shoot past the 1.5 degree threshold and an 86 per cent chance that one of those years would smash the record for Earth’s hottest year set in 2024, the WMO report said.
Allen Zhang, Founder and CEO of Matrix Robotics, discusses the company's plans for putting their humanoid product to market, and more on the manufacturing timeline. He speaks with Shery Ahn on the sidelines of the Beyond Expo in Macau on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Allen Zhang, Founder and CEO of Matrix Robotics, discusses the company's plans for putting their humanoid product to market, and more on the manufacturing timeline. He speaks with Shery Ahn on the sidelines of the Beyond Expo in Macau on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Earnings Call Insights: Synopsys (SNPS) Q2 2026 Management view "Synopsys delivered a strong second quarter, exceeding guidance on revenue, non-GAAP operating margin, and non-GAAP EPS, driven by solid execution and continued AI-driven demand strength," said (CEO, President & Director Sassine Ghazi), adding, "Based on our momentum, leadership road map and market signals, we are raising our full yea...
Earnings Call Insights: Synopsys (SNPS) Q2 2026 Management view "Synopsys delivered a strong second quarter, exceeding guidance on revenue, non-GAAP operating margin, and non-GAAP EPS, driven by solid execution and continued AI-driven demand strength," said (CEO, President & Director Sassine Ghazi), adding, "Based on our momentum, leadership road map and market signals, we are raising our full year 2026 revenue, operating margin, EPS and free cash flow guidance." Ghazi highlighted EDA drivers, saying "Hardware-assisted verification remained the key growth driver" with "multiple strategic system wins across ZS5, ZeBu and HAPS-200," and added on 3DIC adoption: "in Q2, a leading HPC provider successfully taped out an incredibly complex next-generation AI accelerator using Synopsys' unified multi-physics-aware, design-to-sign-off solution." On product roadmap monetization, Ghazi said "we're seeing early signs of monetization with GPU-accelerated EDA" and described adoption activity: "our agentic EDA capabilities are gaining traction with 20 customers now evaluating solutions across more than 25 specialized AI agents spanning front-end, verification, implementation and analog flows." In IP, Ghazi emphasized mixed near-term vs. second-half trajectory: "While we continue to expect muted IP growth for fiscal year 2026, we believe the IP segment bottomed in Q1 and has begun its recovery. We expect sequential quarterly improvement throughout the second half," and cited specific wins including "our PCIe 7.0 IP achieved a greater than 90% win rate with 18 new licenses" and "we secured additional UCIe design wins... bringing total UCIe lifetime wins to over 150." Ghazi added corporate and governance updates: "we expect to close the pending sale of the Processor IP Solutions business shortly" and "today we announced a cooperation agreement with Elliott Management and the appointment of Jesse Cohn to our Board as an independent director." "We delivered a strong Q2, achieving reven...
Asian shares declined Thursday morning after U.S. military action in Iran derailed hopes for a near-term peace deal, halting the momentum that drove Wall Street to record highs. Market sentiment remains defensive, with flat U.S. futures reflecting investor caution ahead of key inflation data dropping later today. Gold prices fell below $4,400 an ounce, hitting a two-month low. WTI crude futures cl...
Asian shares declined Thursday morning after U.S. military action in Iran derailed hopes for a near-term peace deal, halting the momentum that drove Wall Street to record highs. Market sentiment remains defensive, with flat U.S. futures reflecting investor caution ahead of key inflation data dropping later today. Gold prices fell below $4,400 an ounce, hitting a two-month low. WTI crude futures climbed above $92 per barrel. Bitcoin ( BTC-USD ) fell to around $74,000 in late May, reaching its lowest level in over five weeks. The benchmark KOSPI fell more than 1% to around 8,110. The Bank of Korea kept its policy rate unchanged at 2.5% at its May 2026 meeting, in line with expectations and marking the eighth consecutive hold. Japan's ( NKY:IND ) fell 1.26% to above 65,100, while the broader Topix Index slipped 0.4% to 3,902, and the Japanese yen weakened to around 159.5 per dollar. Investors are now awaiting official finance ministry data due Friday that could confirm government action to stabilize the currency. China's ( SHCOMP ) fell 0.14% to 4,080, marking its third straight decline, while the Shenzhen Component dropped 0.6% to 15,644 for a second consecutive session, and the offshore yuan China will allow eligible coffee bean imports from all 53 African countries with diplomatic ties to enter its market starting July 20, 2026, the General Administration of Customs (GAC) announced. Hong Kong ( HSI ) fell 2.35% to 24,990, pressured by weakness in financial, technology services, and retail trade stocks. India ( SENSEX ) markets closed. Australia ( AS51 ) fell 1.56% to 8,643 in early trade, erasing prior-session gains. The Australian dollar fell to around $0.71, hitting a six-week low. Data showed household spending fell a sharper-than-expected 1.1% in April as consumers cut back on travel, clothing, and food, with higher fuel costs and geopolitical uncertainty weighing on confidence. Total new capital expenditure in Australia jumped 6.5% quarter-on-quarter in the fir...
hirun/iStock via Getty Images Summary • Supported by our fundamental investment style and security selection, the Calamos Timpani Small Cap Growth Strategy held up under the pressure of a tremendously volatile Q1. • Small caps have historically underperformed large caps during periods of elevated geopolitical tensions; this time around, small caps bucked that trend. • We believe our investment cri...
hirun/iStock via Getty Images Summary • Supported by our fundamental investment style and security selection, the Calamos Timpani Small Cap Growth Strategy held up under the pressure of a tremendously volatile Q1. • Small caps have historically underperformed large caps during periods of elevated geopolitical tensions; this time around, small caps bucked that trend. • We believe our investment criteria ((i.e., seeking secular growers and niche opportunities with sustainable fast and underestimated growth)) positions the portfolio advantageously for the environment we see ahead. Investment Manager Discussion Small caps, as measured by the Russell 2000 Index ( IWM ), had an up January, flat February, and down March. Small caps finished the quarter with flat performance but more than 500 basis points ahead of the large-cap Russell 1000 Index ( IWB ), which struggled mightily, led lower by large-cap growth stocks. There are always many moving parts to analyze, but winds of change seem to be in the air. The small-cap outperformance during the quarter is significant as it marks a continuation of leadership that began in the second half of 2025. In fact, from July 1, 2025, to March 31, 2026, small caps impressively outperformed large caps by nearly 1000 basis points; and micro caps, the smallest of the small, outperformed large caps by more than 2000 basis points! Small caps even performed in line with large caps in March when sky-high geopolitical tensions would normally trigger significant underperformance relative to large caps. The investor excitement for small caps is likely being driven by low relative valuations, an uptick in small-cap M&A activity, and an accelerating earnings growth picture, sparked by accommodative fiscal and monetary policy over the last several months. Additionally, there may be an element of investors craving a fresher theme, given that small caps endured the longest relative losing streak on record. The streak was so long, investors likely fo...
Key Points SoFi Technologies shares have pulled back considerably since late last year, as investors walk back expectations about future growth. Don't forget about the growth potential with SoFi's two financial technology and infrastructure businesses, Galileo and Technisys. At scale, SoFi's Technology Platform segment could be worth significantly more down the road, and could provide SoFi with an...
Key Points SoFi Technologies shares have pulled back considerably since late last year, as investors walk back expectations about future growth. Don't forget about the growth potential with SoFi's two financial technology and infrastructure businesses, Galileo and Technisys. At scale, SoFi's Technology Platform segment could be worth significantly more down the road, and could provide SoFi with an opportunity to create and unlock significant shareholder value. 10 stocks we like better than SoFi Technologies › Based on the latest earnings report for SoFi Technologies (NASDAQ: SOFI), the digital-first financial services company continues to grow at an impressive clip. However, since late 2025, investors have become far less enthusiastic about SoFi and its future growth potential, at least as reflected in this stock's 50% drop from its 52-week high. Factors like the company's decision not to raise guidance have contributed to its steep decline. However, don't forget that SoFi also houses a financial technology business. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » At scale, this business could create significant value for SoFi investors. Down the road, management may be able to unlock this value by splitting this business from its core lending and financial services operations. SoFi has been quietly building a fintech powerhouse In recent years, SoFi's focus has been on its pivot toward becoming a "financial supermarket" for affluent, upwardly mobile millennials and Gen Z. However, a few years back, before this shift, SoFi spent heavily to bulk up its presence in the fintech space. First, in 2020, SoFi acquired Galileo, a provider of back-end technology for payments and other financial transactions, for $1.2 billion. Then, in 2022, the company acquired Technisys, another provider of back-end techn...
Yeyi Yun, Co-founder and President at MiniMax, discusses the company’s business strategy and outlook for the AI sector in China. She speaks with Stephen Engle from the sidelines of the UBS Asian Investment Conference in Hong Kong. (Source: Bloomberg)
Yeyi Yun, Co-founder and President at MiniMax, discusses the company’s business strategy and outlook for the AI sector in China. She speaks with Stephen Engle from the sidelines of the UBS Asian Investment Conference in Hong Kong. (Source: Bloomberg)
The Trump accounts app, built by Bank of New York Mellon and Robinhood Markets, will reportedly be available on the Apple and Google app stores starting Thursday. U.S. President Donald Trump arrives on stage before delivering remarks during the Treasury Department's Trump Accounts Summit at Andrew W. Mellon Auditorium on January 28, 2026 in Washington, DC. (Photo by Win McNamee/Getty Images) Loadi...
The Trump accounts app, built by Bank of New York Mellon and Robinhood Markets, will reportedly be available on the Apple and Google app stores starting Thursday. U.S. President Donald Trump arrives on stage before delivering remarks during the Treasury Department's Trump Accounts Summit at Andrew W. Mellon Auditorium on January 28, 2026 in Washington, DC. (Photo by Win McNamee/Getty Images) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... The White House made the announcement in a post on X on Wednesday. Families who have already enrolled will be able to activate their accounts immediately, and account holders will gain access to financial literacy materials. Dozens of major corporations in America have announced plans to match federal contributions for their employees’ children, including SoFi Technologies and Intel. The U.S. president’s administration is set to launch the new Trump Accounts mobile app on Thursday, which will give millions of Americans easy access to manage their children's investments. The White House made the announcement in a post on X, saying that users will be able to “Manage everything. Watch the growth. All in ONE place.” Read Next Loading... Loading... Meanwhile, ARK Invest’s Cathie Wood praised the development in a post on X, noting the accounts “will help your loved ones catch and ride the financial wave of this technology revolution.” Financial Bump For Young Americans The app, which has been built by Bank of New York Mellon (BNY) and Robinhood Markets Inc. (HOOD), will reportedly be available on Apple and Google app stores from Thursday. Families who have already enrolled will be able to activate their accounts immediately, although federal contributions will be available only on July 4, after the official rollout. Meanwhile, account holders will get access to financial literacy materials. The Trump Accounts, o...