lenta/iStock via Getty Images The YieldMax AI & Tech Portfolio Option Income ETF ( GPTY ) proposition is compelling in theory. The underlying active portfolio is fully invested in a segment which has not only exploded exponentially in the past few months, but remains best positioned to continue to see the most consistent demand certainty and economics to a large extent going ahead too. The AI pick...
lenta/iStock via Getty Images The YieldMax AI & Tech Portfolio Option Income ETF ( GPTY ) proposition is compelling in theory. The underlying active portfolio is fully invested in a segment which has not only exploded exponentially in the past few months, but remains best positioned to continue to see the most consistent demand certainty and economics to a large extent going ahead too. The AI picks and shovel collection does have some uncertainty around how long the pricing power lasts in pockets like memory, but supply scarcity is not likely to be solved in the immediate term and demand certainty is far higher than other legs of the AI play - platforms and software, for example. Empirical performance data also shows total GPTY's returns outshine several QQQ-based covered call income ETFs, and even QQQ itself. Looking at that, one may be misled to think of GPTY as a higher risk higher return version of QQQ or income strategies based on it. But there are nuances to the apparent strong thesis for GPTY. Data by YCharts Once you add SOXX (a proxy for the semis-like portfolio beneath GPTY) to the total returns mix, you can very well see the GPTY outperformance is very much pulled up due to a spectacular rally in the semis segment. In the early stages of the rally in 2025, GPTY's total returns were even higher than SOXX at some point, which means the active portfolio picking in GPTY is working well. But the recent outsized breakaway move in semis has helped GPTY too. Importantly, this most recent move has helped GPTY without transmitting the full acceleration to its returns - an expected offshoot of the option setup capping upside. I do not expect the semis segment to crash hard ahead, but the asymmetry is less favorable. Data by YCharts While GPTY could continue to do its job in a base case of consolidating semis market (multiples compressing and digesting earnings growth ahead), the odds of a pullback are not negligible now. And when that happens, structurally GPTY will...
President Donald Trump is set to travel to China this week for a highly anticipated summit with Xi Jinping and has invited CEOs of some of the biggest U.S. companies to join his trip. The CEOs include Tesla's ( TSLA ) Elon Musk, Apple's ( AAPL ) Tim Cook, BlackRock's ( BLK ) Larry Fink and Boeing's ( BA ) Kelly Ortberg, according to multiple media reports. Other invited executives are Meta ( META ...
President Donald Trump is set to travel to China this week for a highly anticipated summit with Xi Jinping and has invited CEOs of some of the biggest U.S. companies to join his trip. The CEOs include Tesla's ( TSLA ) Elon Musk, Apple's ( AAPL ) Tim Cook, BlackRock's ( BLK ) Larry Fink and Boeing's ( BA ) Kelly Ortberg, according to multiple media reports. Other invited executives are Meta ( META ) President Dina Powell McCormick, Micron Technology's ( MU ) Sanjay Mehrotra, Qualcomm's ( QCOM ) Cristiano Amon, GE Aerospace's ( GE ) Larry Culp, Blackstone's ( BX ) Stephen Schwarzman, Citigroup's ( C ) Jane Fraser, Goldman Sachs' ( GS ) David Solomon, Coherent's ( COHR ) Jim Anderson, Illumina's ( ILMN ) Jacob Thaysen, Mastercard's ( MA ) Michael Miebach, and Visa's ( V ) Ryan McInerney. Cisco ( CSCO ) CEO Chuck Robbins was invited, but won't join the trip due to the company's earnings schedule. Notably, Nvidia ( NVDA ) CEO Jensen Huang was not invited. This is because the White House is focusing more on agriculture and commercial aviation matters, such as Boeing ( BA ) orders, for the trip, a source told Reuters . Trump's China visit, the first by a U.S. president since 2017, will be closely watched given the countries' ongoing trade war and Beijing's close ties with Iran. "I expect a tactical truce — an extension of last year's rare-earth elements agreement, some additional trade commitments, possibly new agreements related to U.S. exports of agricultural products and/or energy, and a structure for ongoing communication and coordination on trade and finance issues," said SA analyst Agar Capital. More on Trump's China visit Trump-Xi Summit: Rare Earths, Oil, And A Fragile Truce Week Ahead: Trump-Xi And U.S.-China CPI What The Upcoming U.S.-China Summit Could Mean For Investors Nvidia CEO Jensen Huang left out of Trump's delegation for China trip What to expect at the Trump-Xi summit: Iran and Taiwan to chips and airplanes
AndreySt/iStock via Getty Images The lettuce clock hasn't started ticking just yet. UK Prime Minister Keir Starmer emerged defiant from what many had viewed as a make-or-break Cabinet meeting for his premiership on Tuesday. Following a sharp rebuke in last week’s elections and calls from more than 70 Labour MPs for him to resign either immediately or later this year, Starmer told ministers he woul...
AndreySt/iStock via Getty Images The lettuce clock hasn't started ticking just yet. UK Prime Minister Keir Starmer emerged defiant from what many had viewed as a make-or-break Cabinet meeting for his premiership on Tuesday. Following a sharp rebuke in last week’s elections and calls from more than 70 Labour MPs for him to resign either immediately or later this year, Starmer told ministers he would “get on with governing.” Starmer noted that no formal leadership challenge had been triggered and stressed the economic risks of destabilizing the government. Reports indicated no Cabinet minister openly challenged him during the meeting. Markets reacted somewhat positively as investors welcomed at least some political clarity. The UK 30-year gilt yield, which had risen as much as 15 basis points to 5.82%, eased back to around 5.76%. Sterling (GBPUSD) ( FXB ) also recovered from session lows near $1.35 against the dollar. But the bond market may still have the final word. “U.S. and UK 30-year yields are rising in line due to uncertainty around Anglo-American fiscal paths,” economist Joseph Brusuelas posted. “Each rate has embedded in it a risk premium due to both policy and political dynamics as investors act rationally to push up the price of lending to the sovereign.” Brusuelas warned that both economies eventually face the need for fiscal consolidation and said UK long-term yields could test 6%. “Another Liz Truss moment in the making,” he said. Truss lasted only 49 days as prime minister after her economic plan triggered a surge in yields and a drop in sterling. The Daily Star tabloid had a live stream of an iceberg lettuce to see which would last longer. Pepperstone strategist Michael Brown cautioned that markets are not yet at the “‘political journalists rediscover the bond market’ phase of Starmer’s downfall.” But there has been respite at least for today. More on Invesco CurrencyShares British Pound Strlng Tr ETF, British Pound / US Dollar GBP/USD Potential Bullis...
Intel and other semiconductor companies were falling back on Tuesday morning after a Monday rally that sent multiple chip stocks to all-time highs. Intel was down 3% in premarket trading after having more than doubled in the past month through Monday’s close. Demand for artificial-intelligence infrastructure has boosted chip stocks across the board.
Intel and other semiconductor companies were falling back on Tuesday morning after a Monday rally that sent multiple chip stocks to all-time highs. Intel was down 3% in premarket trading after having more than doubled in the past month through Monday’s close. Demand for artificial-intelligence infrastructure has boosted chip stocks across the board.
Vishay Precision press release ( VPG ): Q1 Non-GAAP EPS of $0.07. Revenue of $84.4M (+17.7% Y/Y) beats by $7.32M . Near-Term Outlook “For the second fiscal quarter of 2026 at constant first fiscal quarter 2026 foreign currency exchange rates, we expect net revenues to be in the range of $85 million to $90 million,” said Mr. Shoshani . More on Vishay Precision Vishay Precision Group, Inc. (VPG) Pre...
Vishay Precision press release ( VPG ): Q1 Non-GAAP EPS of $0.07. Revenue of $84.4M (+17.7% Y/Y) beats by $7.32M . Near-Term Outlook “For the second fiscal quarter of 2026 at constant first fiscal quarter 2026 foreign currency exchange rates, we expect net revenues to be in the range of $85 million to $90 million,” said Mr. Shoshani . More on Vishay Precision Vishay Precision Group, Inc. (VPG) Presents at Sidoti March Small-Cap Virtual Conference Transcript Vishay Precision: AI Opportunity Keeping The Story Alive, But I'm Remaining Skeptical Vishay Precision Group, Inc. (VPG) Q4 2025 Earnings Call Transcript Vishay Precision Group targets $45M in new business initiatives for 2026 as organizational overhaul advances Seeking Alpha’s Quant Rating on Vishay Precision
Seagulls are in their first Women’s FA Cup final but their coach, Dario Vidosic, is determined to keep aiming higher As Brighton’s old song goes, “Hark to the merry bugles”, because there is something in the air in Sussex by the sea. A purpose-built women’s team stadium is in the offing, a second consecutive top-half Women’s Super League finish is on the cards and the women’s side are heading to W...
Seagulls are in their first Women’s FA Cup final but their coach, Dario Vidosic, is determined to keep aiming higher As Brighton’s old song goes, “Hark to the merry bugles”, because there is something in the air in Sussex by the sea. A purpose-built women’s team stadium is in the offing, a second consecutive top-half Women’s Super League finish is on the cards and the women’s side are heading to Wembley for the first time. The fans have never had it this good. It took something special for Brighton to overturn a two-goal deficit in Sunday’s FA Cup semi-final victory at Liverpool and they left it late – very late – as Nadine Noordam settled a classic, five-goal thriller with her 95th-minute winner, but reaching this final is something the club have been building towards. In 2022, Brighton set out a bold vision to become a “top-four WSL club” and last summer the head coach, Dario Vidosic, was unafraid to discuss even higher targets , speaking in a determined, bullish and unwaveringly ambitious tone during an interview with the Guardian. Continue reading...