pakornkrit/iStock via Getty Images AVEM Strategy Avantis Emerging Markets Equity ETF ( AVEM ) is an actively managed ETF launched on 09/17/2019 with a broad portfolio of 3,942 holdings, a 12-month trailing yield of 2.05%, and an expense ratio of 0.33%. Distributions are paid quarterly. As described in the prospectus by Avantis , the fund targets emerging market companies with an emphasis on “small...
pakornkrit/iStock via Getty Images AVEM Strategy Avantis Emerging Markets Equity ETF ( AVEM ) is an actively managed ETF launched on 09/17/2019 with a broad portfolio of 3,942 holdings, a 12-month trailing yield of 2.05%, and an expense ratio of 0.33%. Distributions are paid quarterly. As described in the prospectus by Avantis , the fund targets emerging market companies with an emphasis on “smaller market capitalizations and securities of companies with higher profitability and value characteristics." Value is primarily measured by the adjusted book/price ratio and profitability by the adjusted cash from operations to book value ratio, although other metrics may be considered. The stock selection and weighting process may also involve factors such as industry classification, past performance, liquidity, float, tax, and governance. The fund may also hold derivatives. I will use the iShares MSCI Emerging Markets ETF ( EEM ) as a benchmark. Portfolio The fund is mostly invested in large and mega-cap companies (77% of asset value), with significant exposure in China (24%), Taiwan (23%), South Korea (16%), and India (13%). Other countries are below 6%. The aggregate weight of China and Taiwan (47%) points to significant geopolitical risk, like for most emerging market funds. Compared to the benchmark, AVEM downplays South Korea. AVEM top countries (chart: author; data: Avantis, iShares) The presence of South Korea and Taiwan among emerging markets is debatable. South Korea has been considered a developed country by S&P since 2001, and Taiwan surpassed it in GDP per capita in 2025 . Both countries are ahead of the EU, the UK, and Japan in GDP at purchasing power parity per capita . The fund has a focus on technology (28%) and financials (22%). Other sectors are below 11%. AVEM offers a more balanced sector breakdown than EEM by significantly downplaying technology. AVEM sector breakdown (chart: author; data: Avantis, iShares) Over 10% of asset value is in Taiwan Semicond...
⚽ Championship news from the first leg; kick-off 8pm BST ⚽ Forty years of playoffs | Follow on Bluesky | Mail Simon Well, after 46 games the Championship is over. Now for the important bit. At the end of the regular season Millwall and Hull were separated by precisely 10 points, with the Londoners ending up just a couple away from skipping the playoffs entirely by coming second, and Hull also two ...
⚽ Championship news from the first leg; kick-off 8pm BST ⚽ Forty years of playoffs | Follow on Bluesky | Mail Simon Well, after 46 games the Championship is over. Now for the important bit. At the end of the regular season Millwall and Hull were separated by precisely 10 points, with the Londoners ending up just a couple away from skipping the playoffs entirely by coming second, and Hull also two away from skipping the playoffs by finishing seventh. That despite Millwall scoring just 64 goals, the fewest in the top eight – and, indeed, not as many as Sheffield United, who finished 13th. Continue reading...
Sir Keir Starmer faces a deepening crisis of authority as election losses suggest disappointment with Labour has already curdled into cynicism If you are Sir Keir Starmer, the results of the local and devolved elections make for grim reading . Thursday’s ballot gave almost two-thirds of Britain’s electorate the chance to vote. Fragmentation is no longer the future of British politics. In many plac...
Sir Keir Starmer faces a deepening crisis of authority as election losses suggest disappointment with Labour has already curdled into cynicism If you are Sir Keir Starmer, the results of the local and devolved elections make for grim reading . Thursday’s ballot gave almost two-thirds of Britain’s electorate the chance to vote. Fragmentation is no longer the future of British politics. In many places it is its present. After a quarter-century in which Labour and the Conservatives dominated electoral life, both parties suffered heavy losses in their traditional strongholds. Politics since the turn of the century has been upended: Reform UK seized the Tory bastion of Essex , home territory for Kemi Badenoch; the Greens wrested mayoral power in London’s Hackney and Lewisham from Labour; and Plaid Cymru routed Labour in Wales’ Senedd. This looked like more than the familiar midterm backlash, whatever the party in power. Clearly Sir Keir was on the ballot paper – and was roundly rejected by the voters. The question is whether the prime minister is listening to the electorate – or hearing what suits him. Many voters appear unconvinced that the government represents a meaningful break from the Conservatives. The prime minister said that people had “sent a message that the change that we promised isn’t being delivered in a way they can feel”. Change exists, says Sir Keir, but people don’t perceive it. This message risks patronising voters – or at worst gaslighting them. These elections suggest that disappointment with Sir Keir has already curdled into cynicism. Continue reading...
While the push into further AI adoption has driven a wide trend of layoffs in the tech sector in 2026, Acting US Secretary of Labor Keith Sonderling speaks with Yahoo Finance Senior Reporter Jennifer Schonberger about how his department is examining artificial intelligence's impact on the labor market.
While the push into further AI adoption has driven a wide trend of layoffs in the tech sector in 2026, Acting US Secretary of Labor Keith Sonderling speaks with Yahoo Finance Senior Reporter Jennifer Schonberger about how his department is examining artificial intelligence's impact on the labor market.
Equity markets have handled the economic uncertainty and geopolitical instability we have seen in recent months admirably well so far. The S&P 500 is up 7% year to date. However, we may not be completely out of the woods. Who knows what else will happen that may bring fresh concerns to Wall Street? One way to prepare for that is to invest in quality dividend stocks. They tend to have robust underl...
Equity markets have handled the economic uncertainty and geopolitical instability we have seen in recent months admirably well so far. The S&P 500 is up 7% year to date. However, we may not be completely out of the woods. Who knows what else will happen that may bring fresh concerns to Wall Street? One way to prepare for that is to invest in quality dividend stocks. They tend to have robust underlying businesses, and the regular income they provide can help smooth out market losses in challenging times. With that said, let's consider two attractive income stocks investors might want to consider right now: Amgen (NASDAQ: AMGN) and Merck (NYSE: MRK) . Image source: The Motley Fool. Last year, Amgen began facing biosimilar competition for denosumab, a medicine approved for osteoporosis (a bone disease), among other conditions. Although denosumab was a key growth driver for the biotech, its broad product lineup is helping it navigate this patent cliff fairly well. Amgen's revenue moved in the right direction last year and should do so again in 2026, based on the company's guidance. Continue reading
Michael Frayn and Julian Barnes have announced that they won’t be writing any more books. It is a hard habit to kick “Retirement is the ugliest word in the language,” Ernest Hemingway said. Writers, like artists in general, aren’t the retiring sort. And what does it actually mean? As the playwright, novelist and former Guardian journalist Michael Frayn quipped 20 years ago , “Nobody comes in and g...
Michael Frayn and Julian Barnes have announced that they won’t be writing any more books. It is a hard habit to kick “Retirement is the ugliest word in the language,” Ernest Hemingway said. Writers, like artists in general, aren’t the retiring sort. And what does it actually mean? As the playwright, novelist and former Guardian journalist Michael Frayn quipped 20 years ago , “Nobody comes in and gives you a clock.” Frayn was 72 at the time. Since then, he has added a further novel (Skios), a play (Afterlife) and two memoirs to a backlist that includes the hugely successful plays Noises Off and Copenhagen (a revival of which has just finished at the Hampstead theatre in London). Now, at 92, that clock has caught up with him. “Sadly it’s over,” he told Radio 4 this week. “Writing has been my life.” Continue reading...
Key PointsWaterfall Asset Management sold 569,000 shares of ARI in the first quarter; the estimated trade size was $5.92 million (estimate based on quarterly average prices).
Key PointsWaterfall Asset Management sold 569,000 shares of ARI in the first quarter; the estimated trade size was $5.92 million (estimate based on quarterly average prices).
Lucara Diamond Corp. press release ( LUC:CA ): Q1 GAAP EPS -$0.01. Revenue was $21.8 million. Revenue guidance remains unchanged at $100.0 million to $130.0 million, supported by the planned return to open pit mining, with all other guidance parameters also reaffirmed. More on Lucara Diamond Corp. Lucara Diamond Corp. 2026 Q1 - Results - Earnings Call Presentation Lucara Diamond GAAP EPS of $0.06,...
Lucara Diamond Corp. press release ( LUC:CA ): Q1 GAAP EPS -$0.01. Revenue was $21.8 million. Revenue guidance remains unchanged at $100.0 million to $130.0 million, supported by the planned return to open pit mining, with all other guidance parameters also reaffirmed. More on Lucara Diamond Corp. Lucara Diamond Corp. 2026 Q1 - Results - Earnings Call Presentation Lucara Diamond GAAP EPS of $0.06, revenue of $159.7M misses by $36.9M Historical earnings data for Lucara Diamond Corp. Financial information for Lucara Diamond Corp.
President Donald Trump has signed off on a proposal to oust Marty Makary, the Commissioner of the U.S. Food and Drug Administration, The Wall Street Journal reported on Friday, citing people familiar with the matter. According to the WSJ, Makary is seen by top administration leaders as struggling to manage the FDA, clashing with HHS officials and even with the White House at times. Earlier this we...
President Donald Trump has signed off on a proposal to oust Marty Makary, the Commissioner of the U.S. Food and Drug Administration, The Wall Street Journal reported on Friday, citing people familiar with the matter. According to the WSJ, Makary is seen by top administration leaders as struggling to manage the FDA, clashing with HHS officials and even with the White House at times. Earlier this week, the Journal reported that Trump upbraided Makary for not acting fast enough to authorize flavored vapes and nicotine products. If finalized, Makary would become the latest top health official to face exit under the Trump administration since the ouster of Susan Monarez, the director of the U.S. Centers for Disease Control and Prevention, last summer . The decision comes at a time when the FDA is facing a tumultuous period amid several high-profile departures recently under Makary. Vinay Prasad, the former head of the FDA’s vaccines unit, left the agency last month after less than 12 months in the job. “President Trump has assembled the most experienced and talented administration in history, an administration that continues to focus on delivering more historic victories for the American people,” said White House spokesman Kush Desai. According to people familiar with the matter, the White House officials have become increasingly convinced that Makary should depart due to months of chaos at the agency and mounting complaints from some in the pharma industry. Marty Makary, a former pancreatic surgeon at Johns Hopkins University, was nominated by Trump to lead the FDA in November 2024 as a successor to then-commissioner Robert Califf. More on Big Pharma Pfizer Inc. (PFE) Q1 2026 Earnings Call Transcript Pfizer Q1 Earnings Review: Stuck In Second Gear, But Dividend Helps Pfizer Inc. 2026 Q1 - Results - Earnings Call Presentation Lilly weight-loss pill prescriptions said to have exceeded 7,000 in fourth week Dividend Roundup: Eli Lilly, PepsiCo, Apple, Visa, and more
JHVEPhoto/iStock Editorial via Getty Images Upstart Holdings ( UPST ) on Friday said Executive Chairman and Co-founder Dave Girouard exercised employee stock options to acquire the company's shares. Girouard's 2008 D&T Girouard Revocable Trust acquired 835,075 shares of common stock at $0.83 per share. More on Upstart Upstart Holdings, Inc. (UPST) Q1 2026 Earnings Call Transcript Upstart Holdings,...
JHVEPhoto/iStock Editorial via Getty Images Upstart Holdings ( UPST ) on Friday said Executive Chairman and Co-founder Dave Girouard exercised employee stock options to acquire the company's shares. Girouard's 2008 D&T Girouard Revocable Trust acquired 835,075 shares of common stock at $0.83 per share. More on Upstart Upstart Holdings, Inc. (UPST) Q1 2026 Earnings Call Transcript Upstart Holdings, Inc. 2026 Q1 - Results - Earnings Call Presentation Upstart: Undervalued Ahead Of A Likely Earnings Beat Biggest stock movers Wednesday: UBER, AMD, DIS, SMCI, and more Most and least shorted large-cap financial stocks at the end of April
June WTI crude oil (CLM26 ) today is up +0.83 (+0.88%), and June RBOB gasoline (RBM26 ) is up +0.0271 (+0.78%). Crude oil and gasoline prices are moving higher today due to concerns about the sustainability of the ceasefire between the US and Iran amid fresh hostilities in the Strait...
June WTI crude oil (CLM26 ) today is up +0.83 (+0.88%), and June RBOB gasoline (RBM26 ) is up +0.0271 (+0.78%). Crude oil and gasoline prices are moving higher today due to concerns about the sustainability of the ceasefire between the US and Iran amid fresh hostilities in the Strait...
They're breathing easier in the Mariner S. Eccles Federal Reserve Board Building today, after the Federal Reserve Chair Jerome Powell and his colleagues got a dream jobs report. It may not be so dreamy for the stock market , however. This morning, the Bureau of Labor Statistics released its Employment Situation Summary for April, and it was a big surprise to the upside. Continue reading
They're breathing easier in the Mariner S. Eccles Federal Reserve Board Building today, after the Federal Reserve Chair Jerome Powell and his colleagues got a dream jobs report. It may not be so dreamy for the stock market , however. This morning, the Bureau of Labor Statistics released its Employment Situation Summary for April, and it was a big surprise to the upside. Continue reading