In trading on Wednesday, shares of the ProShares S&P Global Core Battery Metals ETF (Symbol: ION) entered into oversold territory, changing hands as low as $47.585 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analys
In trading on Wednesday, shares of the ProShares S&P Global Core Battery Metals ETF (Symbol: ION) entered into oversold territory, changing hands as low as $47.585 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analys
In trading on Wednesday, shares of the VanEck Rare Earth/Strategic Metals ETF (Symbol: REMX) entered into oversold territory, changing hands as low as $77.85 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicat
In trading on Wednesday, shares of the VanEck Rare Earth/Strategic Metals ETF (Symbol: REMX) entered into oversold territory, changing hands as low as $77.85 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicat
takasuu/iStock via Getty Images Despite Samsung Electronics (OTCPK: SSNLF ) posting record second-quarter profits and providing upbeat forward guidance, the stock lost more than 7% as the South Korean market opened on Tuesday. Looking more broadly, the iShares Semiconductor ETF ( SOXX ) has dropped around 20% in the last two weeks, in sharp contrast with its above 100% YTD rise as of June 22 . Thi...
takasuu/iStock via Getty Images Despite Samsung Electronics (OTCPK: SSNLF ) posting record second-quarter profits and providing upbeat forward guidance, the stock lost more than 7% as the South Korean market opened on Tuesday. Looking more broadly, the iShares Semiconductor ETF ( SOXX ) has dropped around 20% in the last two weeks, in sharp contrast with its above 100% YTD rise as of June 22 . This has left many stressed, wondering whether to continue holding or sell, uncertain whether things can get worse. On the other hand, during these two stressful weeks, those holding the YieldMax Semiconductor Portfolio Option Income ETF ( CHPY ) have received weekly paychecks, as shown in the chart below . seekingalpha.com Against this backdrop, this thesis aims to show that an options strategy makes sense in current market conditions. Also, rather than relying solely on higher stock prices to make money and feeling the pinch when the market moves against you, I argue that steady dividends are financially advantageous because uncertainty has made its way into the AI trade. Samsung's Drop Shows the Sky-High Expectations Caused by the AI Trade as Token Costs Rise Coming back to the South Korean chip giant, its Q2 saw sales jump by 129% YoY, accompanied by record profits of 89.4 trillion won , which was up 18 times, showing sustained demand for its HBM (High Bandwidth Memory), essential for AI accelerators . Its semiconductor division also produces DRAMs to fuel the AI boom, while enterprises aggregating data at an unprecedented scale to train language models consume more NAND (memory used in storage devices). Now, since the stock has already rallied by more than 115% in 2026, the beat may not have been big enough, as despite exceeding average forecasts, it fell short of the 95 trillion won (midpoint) some analysts were expecting. Add to this fears about AI spending by hyperscalers not being sustained, which could translate into an oversupply problem for Samsung Electronics Co.,...
Future FinTech Group ( FTFT ) announced on Wednesday that its Board of Directors approved a 1-for-4 reverse stock split of the company’s common stock. The company said it was not required to obtain shareholder approval to effectuate the reverse stock split. The common stock will begin trading on Nasdaq on a reverse split-adjusted basis at the start of trading on July 13, 2026, under the symbol “FT...
Future FinTech Group ( FTFT ) announced on Wednesday that its Board of Directors approved a 1-for-4 reverse stock split of the company’s common stock. The company said it was not required to obtain shareholder approval to effectuate the reverse stock split. The common stock will begin trading on Nasdaq on a reverse split-adjusted basis at the start of trading on July 13, 2026, under the symbol “FTFT” and under a new CUSIP number, 36117V501. Upon implementation of the reverse stock split, the amount of common stock outstanding will be reduced from approximately 7.47M shares to approximately 1.87M shares. Source: press release More on Future Fintech Group Financial information for Future Fintech Group
Investors seeking pure government-backed safety may prefer Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) , while Vanguard Short-Term Bond ETF (NYSEMKT:BSV) looks attractive for those wanting broader credit exposure and a higher distribution yield. Both funds serve as conservative building blocks for a fixed-income portfolio, focusing on the shorter end of the maturity curve. While they share an i...
Investors seeking pure government-backed safety may prefer Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) , while Vanguard Short-Term Bond ETF (NYSEMKT:BSV) looks attractive for those wanting broader credit exposure and a higher distribution yield. Both funds serve as conservative building blocks for a fixed-income portfolio, focusing on the shorter end of the maturity curve. While they share an issuer and a low cost structure, their underlying security types and risk profiles differ enough to impact long-term portfolio stability and income. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
In trading on Wednesday, shares of American Express Co. (Symbol: AXP) crossed below their 200 day moving average of $338.37, changing hands as low as $333.56 per share. American Express Co. shares are currently trading off about 3.8% on the day. The chart below shows the one y
In trading on Wednesday, shares of American Express Co. (Symbol: AXP) crossed below their 200 day moving average of $338.37, changing hands as low as $333.56 per share. American Express Co. shares are currently trading off about 3.8% on the day. The chart below shows the one y
In trading on Wednesday, shares of the Vanguard Tax-Exempt Bond ETF (Symbol: VTEB) crossed below their 200 day moving average of $50.34, changing hands as low as $50.29 per share. Vanguard Tax-Exempt Bond shares are currently trading off about 0.2% on the day. The chart below
In trading on Wednesday, shares of the Vanguard Tax-Exempt Bond ETF (Symbol: VTEB) crossed below their 200 day moving average of $50.34, changing hands as low as $50.29 per share. Vanguard Tax-Exempt Bond shares are currently trading off about 0.2% on the day. The chart below
In trading on Wednesday, shares of the Amplify Online Retail ETF (Symbol: IBUY) crossed below their 200 day moving average of $70.04, changing hands as low as $68.61 per share. Amplify Online Retail shares are currently trading down about 2.7% on the day. The chart below shows
In trading on Wednesday, shares of the Amplify Online Retail ETF (Symbol: IBUY) crossed below their 200 day moving average of $70.04, changing hands as low as $68.61 per share. Amplify Online Retail shares are currently trading down about 2.7% on the day. The chart below shows
In trading on Wednesday, shares of the First Trust Consumer Discretionary AlphaDEX Fund ETF (Symbol: FXD) crossed below their 200 day moving average of $67.63, changing hands as low as $66.92 per share. First Trust Consumer Discretionary AlphaDEX Fund shares are currently tradi
In trading on Wednesday, shares of the First Trust Consumer Discretionary AlphaDEX Fund ETF (Symbol: FXD) crossed below their 200 day moving average of $67.63, changing hands as low as $66.92 per share. First Trust Consumer Discretionary AlphaDEX Fund shares are currently tradi
In trading on Wednesday, shares of Watsco Inc. (Symbol: WSO) crossed below their 200 day moving average of $382.79, changing hands as low as $375.76 per share. Watsco Inc. shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of
In trading on Wednesday, shares of Watsco Inc. (Symbol: WSO) crossed below their 200 day moving average of $382.79, changing hands as low as $375.76 per share. Watsco Inc. shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of
In trading on Wednesday, shares of the Fidelity MSCI Consumer Discretionary Index ETF (Symbol: FDIS) crossed below their 200 day moving average of $101.01, changing hands as low as $100.12 per share. Fidelity MSCI Consumer Discretionary Index shares are currently trading down a
In trading on Wednesday, shares of the Fidelity MSCI Consumer Discretionary Index ETF (Symbol: FDIS) crossed below their 200 day moving average of $101.01, changing hands as low as $100.12 per share. Fidelity MSCI Consumer Discretionary Index shares are currently trading down a
In trading on Wednesday, shares of the SPDR S&P Homebuilders ETF (Symbol: XHB) crossed below their 200 day moving average of $107.14, changing hands as low as $105.47 per share. SPDR S&P Homebuilders shares are currently trading down about 3% on the day. The chart belo
In trading on Wednesday, shares of the SPDR S&P Homebuilders ETF (Symbol: XHB) crossed below their 200 day moving average of $107.14, changing hands as low as $105.47 per share. SPDR S&P Homebuilders shares are currently trading down about 3% on the day. The chart belo
In trading on Wednesday, shares of the abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (Symbol: BCD) crossed above their 200 day moving average of $35.18, changing hands as high as $35.41 per share. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free s
In trading on Wednesday, shares of the abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (Symbol: BCD) crossed above their 200 day moving average of $35.18, changing hands as high as $35.41 per share. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free s
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Yes, he speaks French. Air Canada selected SAS CEO Anko van der Werff as its new leader, confirming a Bloomberg News scoop from last week. Van der Werff has led the Scandinavian airline for about five years, guiding the carrier through the ...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Yes, he speaks French. Air Canada selected SAS CEO Anko van der Werff as its new leader, confirming a Bloomberg News scoop from last week. Van der Werff has led the Scandinavian airline for about five years, guiding the carrier through the end of the Covid pandemic and helping it emerge from bankruptcy. He’s a Dutch national, speaks several languages and “is able to communicate” in French, according to Air Canada’s official announcement. The wording here seems carefully chosen, lest his abilities be oversold. But van der Werff spoke for about six minutes in la langue de Molière during an internal video seen by Bloomberg News. Considering his French was billed as “basic” in an old press release from SAS, he impressed both our francophone and anglophone reporters. Van der Werff’s linguistic abilities matter because he’s taking over from Michael Rousseau, who announced in March he would retire following backlash for his failure to speak French in a video about an accident that killed two pilots. Rousseau took heat from Quebec lawmakers, pension manager La Caisse and Prime Minister Mark Carney. Also important to the market is how van der Werff actually manages the carrier after years of lagging performance. Over the past five years, Air Canada shares have underperformed the Bloomberg World Airlines Index. (That period includes the end of the pandemic, during which Canada’s travel restrictions were tougher than those of many countries.) Analysts are cautiously optimistic. Van der Werff’s “successful turnaround of SAS is a clear positive,” National Bank analyst Cameron Doerksen wrote, while maintaining his outperform rating on the stock. Stifel analyst Daryl Young was more measured, but said “the selection of an external candidate will be viewed favorably by investors as it brings a fresh set of eyes.” In the video...
Nuveen Churchill Direct Lending ( NCDL ) said on Wednesday it priced an underwritten public offering of an additional $100M of 6.650% unsecured notes due 2030. The company said it plans to use the net proceeds to repay a portion of borrowings under its senior secured revolving credit facility. The offering is expected to close on July 10. More on Nuveen Churchill Direct Lending Corp. Nuveen Church...
Nuveen Churchill Direct Lending ( NCDL ) said on Wednesday it priced an underwritten public offering of an additional $100M of 6.650% unsecured notes due 2030. The company said it plans to use the net proceeds to repay a portion of borrowings under its senior secured revolving credit facility. The offering is expected to close on July 10. More on Nuveen Churchill Direct Lending Corp. Nuveen Churchill Direct Lending Disappointed, But I'm Holding (Rating Downgrade) Nuveen Churchill Direct Lending: Steady Outperformance Continues In Q1 Nuveen Churchill Direct Lending: No Relief In Sight Following Q1 Earnings Nuveen Churchill Direct Lending Corp. declares $0.36 dividend, a supplemental dividend of $0.02 Nuveen Churchill outlines $0.38 per share Q2 distribution as spreads move toward 5%–5.25%
Lockheed Martin ( LMT ) secured a $502.4M hybrid contract to provide post-production support for Modernized Target Acquisition Designation Sight/Pilot Night Vision Sight systems used on AH-64 helicopters worldwide. The contract supports systems provided through international agreements, with work locations and funding to be determined for each individual order. The work is expected to be completed...
Lockheed Martin ( LMT ) secured a $502.4M hybrid contract to provide post-production support for Modernized Target Acquisition Designation Sight/Pilot Night Vision Sight systems used on AH-64 helicopters worldwide. The contract supports systems provided through international agreements, with work locations and funding to be determined for each individual order. The work is expected to be completed by July 5, 2031. The contract was awarded by Army Contracting Command. More on Lockheed Martin Lockheed Martin: A Great Entry Point In The Defence Industry (Rating Upgrade) Boeing And Lockheed: SpaceX Hype Isn't Needed For These Buys Lockheed Martin: Time To Pull The Trigger (Upgrade) Trump says Ukraine to get license to build Patriot missile interceptors Trump says NATO allies 'have not treated us right,' renews push for Greenland at NATO summit
Good morning . The US launches more attacks on Iran. Mercedes’ sales slide in the world’s biggest auto market. And a video-game studio shifts focus to a new Fallout game. Listen to the day’s top stories . Market Snapshot S&P 500 7,482.71 -0.3% Brent Crude Futures $79.34 +7.0% Nvidia $204.12 +3.7% Market data as of 05:17 PM ET. Data is subject to provider delays. The US conducted a fresh round of s...
Good morning . The US launches more attacks on Iran. Mercedes’ sales slide in the world’s biggest auto market. And a video-game studio shifts focus to a new Fallout game. Listen to the day’s top stories . Market Snapshot S&P 500 7,482.71 -0.3% Brent Crude Futures $79.34 +7.0% Nvidia $204.12 +3.7% Market data as of 05:17 PM ET. Data is subject to provider delays. The US conducted a fresh round of strikes against Iran “to further degrade” the Islamic Republic’s ability to threaten freedom of navigation in the Strait of Hormuz. Tehran will launch a “large-scale retaliatory” operation against US bases in the region in response, according to state-linked Nour News. Oil jumped on the flare-up in tensions while the S&P 500 slipped . At the North Atlantic Treaty Organization summit in Turkey, Donald Trump said he will allow Ukraine to manufacture Patriot missile interceptors, a key weapon in repelling Russian attacks . The move sends another signal of his shifting approach toward the war — and Volodymyr Zelenskyy. The sale of F-35 jets to Turkey is still undecided , the US president told reporters. In a sign Beijing is easing restrictions on coveted US tech, China plans to allow some of its top AI companies — including Alibaba Group Holding, ByteDance and DeepSeek — to buy a “ small number ” of Nvidia’s H200 chips, the Information reported. Local AI-model maker Zhipu is planning to raise about $4 billion after its shares soared nearly 1,500% since its January Hong Kong listing. Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom Levels Read more State Bank of India raised more than $1.5 billion from foreign-currency deposits under a special program launched last month for overseas citizens, people familiar said. New Delhi is said to have approved futures and options tied to the Nifty India FPI 150, an index designed specifically for foreign investors . China took the rare step of publicly criticizing the top US diplomat in Taiwan, accusing Raymond Greene of intervenin...