Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Morningstar Wide Moat ETF (Symbol: MOAT) where we have detected an approximate $2.8 billion dollar outflow -- that's a 15.4% decrease week over week (from 194,250,000 to 164,300,000). The chart below shows the one year price performance of MOAT, versus its 200 day movi...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Morningstar Wide Moat ETF (Symbol: MOAT) where we have detected an approximate $2.8 billion dollar outflow -- that's a 15.4% decrease week over week (from 194,250,000 to 164,300,000). The chart below shows the one year price performance of MOAT, versus its 200 day moving average: Looking at the chart above, MOAT's low point in its 52 week range is $82.06 per share, with $99.06 as the 52 week high point — that compares with a last trade of $93.04. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Technology ETF (Symbol: IYW) where we have detected an approximate $143.6 million dollar outflow -- that's a 0.8% decrease week over week (from 127,600,000 to 126,600,000). Among the largest underlying components of IYW, in trading today Texas Instruments ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Technology ETF (Symbol: IYW) where we have detected an approximate $143.6 million dollar outflow -- that's a 0.8% decrease week over week (from 127,600,000 to 126,600,000). Among the largest underlying components of IYW, in trading today Texas Instruments Inc. (Symbol: TXN) is down about 1.4%, Lam Research Corp (Symbol: LRCX) is down about 0.8%, and Micron Technology Inc. (Symbol: MU) is higher by about 1.4%. For a complete list of holdings, visit the IYW Holdings page » The chart below shows the one year price performance of IYW, versus its 200 day moving average: Looking at the chart above, IYW's low point in its 52 week range is $100.84 per share, with $158.97 as the 52 week high point — that compares with a last trade of $143.02. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
SpaceX has finally released its highly anticipated preliminary prospectus ahead of a massive initial public offering expected in June. SpaceX may be a generational company run by a generational founder in Elon Musk, but its financials leave much to be desired. What makes them even harder to get behind is that SpaceX, according to various media reports, is looking to raise $75 to $80 billion at a v...
SpaceX has finally released its highly anticipated preliminary prospectus ahead of a massive initial public offering expected in June. SpaceX may be a generational company run by a generational founder in Elon Musk, but its financials leave much to be desired. What makes them even harder to get behind is that SpaceX, according to various media reports, is looking to raise $75 to $80 billion at a valuation of $1.5 trillion to $2 trillion, making it the largest IPO of all time. There's a lot to unpack, but let's take a look at some of its high-level financials. Losing money with revenue growth that's nothing special On a consolidated basis, SpaceX generated nearly $18.7 billion in revenue in 2025, a 33% increase from 2024. Revenue in the first quarter of 2026 of nearly $4.7 billion increased about 15% year over year. SpaceX lost over $4.9 billion in 2025 and $4.3 billion in the first quarter of 2026, during which the company acquired xAI, the owner of the digital artificial intelligence assistant Grok. Adjusted EBITDA in these periods was nearly $6.6 billion and $1.13 billion, respectively. The company has three key segments: space operations, which include launching crewed missions for clients such as NASA in a cost-efficient manner; Starlink satellite internet; and artificial intelligence. SpaceX's best-performing business The company's strongest segment right now is by far Starlink, which generated an operating profit of $4.4 billion in 2025 and adjusted EBITDA of nearly $7.2 billion, including the add-back of nearly $2.4 billion of depreciation and amortization. In the first quarter of 2026, Starlink generated an operating profit of nearly $1.2 billion and adjusted EBITDA of over $2 billion. Starlink is a capital-intensive business because it requires establishing a low-Earth-orbit satellite network. The network had 9,600 broadband and mobile satellites as of March 31 of this year. At the end of the first quarter of this year, Starlink had also grown to an impress...
The surge in the cost of jet fuel since the start of the Iran war is highlighting the vast disparity in how well individual airlines protect themselves against a price spike. It’s not unusual for an oil-price shock to become an existential crisis for some carriers. The Iran war is no different, with the forecast hit to profits so far in the billions of dollars. But there’s a stark difference betwe...
The surge in the cost of jet fuel since the start of the Iran war is highlighting the vast disparity in how well individual airlines protect themselves against a price spike. It’s not unusual for an oil-price shock to become an existential crisis for some carriers. The Iran war is no different, with the forecast hit to profits so far in the billions of dollars. But there’s a stark difference between those that hedged well, those that hedged poorly and those that didn’t hedge at all. While airlines including Ryanair Holdings Plc and Air France-KLM have reported that hedging offset some of the price increases, other carriers from US giant United Airlines Holdings Inc. to smaller AirAsia X Bhd are more exposed. The sticking point for some airlines is that, just like buying home or auto insurance, hedging costs money. Airlines buy derivative contracts that will in theory rise in value, offsetting the increased price of jet fuel. Most of the time, that money goes down the drain when the market is calm, just like a homeowner’s fire insurance. For an industry that often runs on relatively thin margins, that extra cost counts. It’s only when supply is squeezed and prices shoot upward that the hedges pay off. Like now, as the war in Iran has jet fuel now trading around $160 a barrel, more than 60% higher than before the war. While many European and Asian airlines use derivatives to lock in their jet fuel costs, peers in the US have been historically reticent to do so. The level of coverage typically varies among carriers, ranging at the end of last year from 30% to 80% and potentially even higher. Also, the instruments they use for the hedge make a huge difference in how well-protected they are. “We continue to be well-hedged for the rest of the year,” Luis Gallego , chief executive of International Consolidated Airlines Group , which includes British Airways and Iberia, said on a recent earnings call. “This allows us to protect customers to some extent from the volatility a...
Sandisk (SNDK +5.26%) stock jumped 6.2% through 10:05 a.m. ET this morning as investors weighed news items affecting the computer memory-maker -- both good and somewhat bad news. Good news for Nvidia is great news for Sandisk On the good side of the ledger, Nvidia (NVDA 2.17%) reported monster earnings growth yesterday. Sales surged 85% year over year to a record quarterly haul of $81.6 billion. F...
Sandisk (SNDK +5.26%) stock jumped 6.2% through 10:05 a.m. ET this morning as investors weighed news items affecting the computer memory-maker -- both good and somewhat bad news. Good news for Nvidia is great news for Sandisk On the good side of the ledger, Nvidia (NVDA 2.17%) reported monster earnings growth yesterday. Sales surged 85% year over year to a record quarterly haul of $81.6 billion. Fully 92% of this revenue came from chips sales to artificial intelligence data centers, proving the AI revolution is alive and well -- and so is the need for NAND flash memory from Sandisk. What's more, profit margins on chip sales remain superb. Nvidia boasted of a 74.9% gross profit margin in its fiscal Q1 2027, more than tripling Nvidia's quarterly net profit to $58.3 billion ($2.39 per share). And here's the kicker for Sandisk investors: It turns out Sandisk does even better on gross margin than Nvidia. Sandisk's gross margin last quarter was 78.4%! Expand NASDAQ : SNDK Sandisk Today's Change ( 5.26 %) $ 73.24 Current Price $ 1465.80 Key Data Points Market Cap $206B Day's Range $ 1378.35 - $ 1493.31 52wk Range $ 35.79 - $ 1600.00 Volume 199K Avg Vol 17M Gross Margin 56.04 % Good news for Samsung is less good news for Sandisk So that's the good news, now here's the bad (for Sandisk): Over in South Korea, workers at Samsung Electronics just announced a halt to their 18-day labor strike. Union representatives have reached an agreement with management to more fairly share AI chip profits with workers, and the union will vote to approve the new contract over the next several days. Assuming all goes well with the vote, the world's largest producer of DRAM and NAND computer memory will be back in business and running full speed, still competing head-to-head with Sandisk on price -- and now with happier workers on its payroll. This isn't necessarily bad news for Sandisk, but all things considered, it would have probably preferred to see the strike last a bit longer.
In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 9:23 09:23 Strategy's Michael Saylor: We expect bitcoin to go up more than the S&P 500 over time Squawk Box Bitcoin evangelist Michael Saylor said the coming tokenization of financial assets could change how credit and yield are priced across the economy and pose a direct challenge to traditional banking and br...
In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 9:23 09:23 Strategy's Michael Saylor: We expect bitcoin to go up more than the S&P 500 over time Squawk Box Bitcoin evangelist Michael Saylor said the coming tokenization of financial assets could change how credit and yield are priced across the economy and pose a direct challenge to traditional banking and brokerage businesses. "The real power of tokenization is it creates a free market in credit formation and yield for asset owners," the Strategy founder and chairman said Thursday on CNBC's " Squawk Box ". "So if you can tokenize a bunch of securities, then you can shop for the best credit terms and the highest yield." By contrast, the banks effectively decide customers' financing terms in the TradFi, or traditional finance, system, he added. "In the 20th century TradFi economy your bank decides you just won't get credit, you just won't get yield, and there's not a single thing you can do about it," Saylor said. "So tokenization is a free market in capital, and it creates a higher velocity and a higher volatility for capital assets." Saylor's comments go beyond the usual pitch for tokenizing "real-world" assets like stocks, bonds, funds and private credit. Enthusiasts often tout blockchain technology's potential to bring faster settlement, around-the-clock liquidity and broader access for retail investors to the equities market – and increasingly, trading of private company shares. The comments come as the industry is holding its breath for the proposed market structure bill known as the Clarity Act to continue to progress through Congress. If eventually signed into law it would, among many other things, create a legal framework for bringing real-world assets fully onchain. Crypto investors are also hoping to see guidance from the Securities and Exchange Commission on tokenized stocks – potentially allowing blockchain-based representations of stocks to trade in parallel with t...
Himalaya Shipping Ltd. press release ( HSHP ) announces preliminary Q1 total operating revenues of $33.6 million. The company sees net income of $5.0 million and EBITDA of $24.5 million. More on Himalaya Shipping Ltd. Himalaya Shipping: I Missed The Boat - Upgrade To Buy Historical earnings data for Himalaya Shipping Ltd. Dividend scorecard for Himalaya Shipping Ltd. Financial information for Hima...
Himalaya Shipping Ltd. press release ( HSHP ) announces preliminary Q1 total operating revenues of $33.6 million. The company sees net income of $5.0 million and EBITDA of $24.5 million. More on Himalaya Shipping Ltd. Himalaya Shipping: I Missed The Boat - Upgrade To Buy Historical earnings data for Himalaya Shipping Ltd. Dividend scorecard for Himalaya Shipping Ltd. Financial information for Himalaya Shipping Ltd.
Andrew Harnik/Getty Images News Christopher Giancarlo, a former chair of the Commodity Futures Trading Commission, will join Jefferies Financial Group ( JEF ) this summer as a senior adviser focused on investment banking, according to a media report. He will start at the bank in July, Bloomberg News reported, citing an interview with Giancarlo. He expects to use his industry connections as a forme...
Andrew Harnik/Getty Images News Christopher Giancarlo, a former chair of the Commodity Futures Trading Commission, will join Jefferies Financial Group ( JEF ) this summer as a senior adviser focused on investment banking, according to a media report. He will start at the bank in July, Bloomberg News reported, citing an interview with Giancarlo. He expects to use his industry connections as a former regulator to help market participants connect in ways that would benefit Jefferies' banking business. Known as the “crypto dad” for his early advocacy of digital assets, he led the CFTC when the Chicago Board Options Exchange and CME Group ( CME ) introduced bitcoin futures contracts, which allowed so-called self-certification of bitcoin derivatives. "There's nobody really in the space that I can't connect with," Giancarlo told Bloomberg. " So I like to think that I’ve got convening power… As Jefferies continues to build on what it’s already built is a very good platform in the digital asset space, I can help them continue to route that out." Giancarlo was originally nominated as a CFTC commissioner by President Barack Obama in 2013 and was appointed by President Donald Trump to serve as chairman in August 2017. He served in that role for just under two years. He serves on boards of several crypto-related companies, including stablecoin issuer Paxos, Bloomberg said. Furthermore, he's a senior strategic adviser to Patomak Global Partners, a consultancy formed by U.S. Securities and Exchange Commission Chairman Paul Atkins, an adviser to digital-asset bank Sygnum Bank, and an adviser to the Digital Chamber, a trade group dedicated to U.S. blockchain and crypto policy. Jefferies ( JEF ) did not immediately respond to Seeking Alpha's request for comment. More on Jefferies Financial Group Jefferies: Wall Street Booms, But Private Credit Woes Weigh Jefferies: Credit Concerns Overshadow Discounted Valuation Jefferies prices $1.1B senior notes offering Jefferies discloses $42.8M ...
Listen and subscribe to Trillions on Apple , Spotify , iHeart and the Bloomberg Terminal. What if you invested at literally the worst possible moments in market history? According to Ben Carlson, co-host of the Animal Spirits podcast and adviser at Ritholtz Wealth Management, even the world’s worst market timer could still become rich. Carlson’s new book, Risk & Reward , explores why long-term inv...
Listen and subscribe to Trillions on Apple , Spotify , iHeart and the Bloomberg Terminal. What if you invested at literally the worst possible moments in market history? According to Ben Carlson, co-host of the Animal Spirits podcast and adviser at Ritholtz Wealth Management, even the world’s worst market timer could still become rich. Carlson’s new book, Risk & Reward , explores why long-term investing remains so psychologically difficult. On this episode of Trillions , Eric Balchunas and Joel Weber speak with Carlson about his new book, which implores you to stop panicking and stay the course. They discuss the genius of boring index funds, “fun accounts” as a behavioral release valve, whether buffer exchange-traded funds are financial Xanax and how the ETF wrapper may help turn tax efficiency into the new alpha. They also drill into Carlson’s other big launch: Goaltender (GTND), a new ETF from Ritholtz, and go over why wealth managers are becoming ETF issuers. Money goes where it’s treated best. That simple truth is a big reason why more and more money (trillions of dollars, in fact) flows into a powerful, low-cost tool that’s quietly transformed investing. Exchange-traded funds let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and hopefully delight you in the process.
Netflix (NFLX +0.39%) and Booking Holdings (BKNG 0.86%) are two of the most prominent corporations on Wall Street that conducted stock splits over the past year. This hasn't helped either company beat the market. Both have significantly lagged broader equities over this period. However, Netflix and Booking Holdings have qualities that may allow them to turn things around and deliver competitive re...
Netflix (NFLX +0.39%) and Booking Holdings (BKNG 0.86%) are two of the most prominent corporations on Wall Street that conducted stock splits over the past year. This hasn't helped either company beat the market. Both have significantly lagged broader equities over this period. However, Netflix and Booking Holdings have qualities that may allow them to turn things around and deliver competitive returns over the next decade, making them attractive buys on the dip. Here's the rundown. 1. Netflix A lot has happened with Netflix over the past year. The company tried -- and failed -- to acquire Warner Bros., an attempt that some investors, analysts, and lawmakers opposed. It also raised its prices once again, which wasn't well received. Elsewhere, Netflix's co-founder, former CEO, and executive chairman, Reed Hastings, announced that he will not seek reelection to the board of directors, marking the first time since Netflix's founding that he will not have a role within the company. Before all that, though, Netflix conducted a 10-for-1 stock split, which took effect on Nov. 17. The stock is currently trading at around $88 per share, down 25% over the past 12 months. Netflix's most recent financial results have a lot to do with that. When announcing its first-quarter update on April 16, the company's guidance came in below expectations, sending the stock price sharply lower. Expand NASDAQ : NFLX Netflix Today's Change ( 0.39 %) $ 0.34 Current Price $ 88.43 Key Data Points Market Cap $371B Day's Range $ 87.53 - $ 88.95 52wk Range $ 75.01 - $ 134.12 Volume 225K Avg Vol 44M Gross Margin 49.44 % Can Netflix bounce back? I believe so. The company still has a massive addressable market in the streaming industry, which commands less than 50% of television viewing time in the U.S., according to Nielsen. Netflix's basic blueprint hasn't changed, but the company has evolved. It is increasingly entering corners of the streaming market, such as live sports and long-form video podcast...