Hello! This week’s ETF Wrap digs into the jump in biotech funds, as well as an “unusual” trend in U.S. small-cap stocks versus small-cap tech equities. Please send feedback and tips to christine.idzelis@marketwatch.com or isabel.wang@marketwatch.com. You can also follow me on X at @cidzelis and find me on LinkedIn. Isabel Wang is at @Isabelxwang. Sign up here for our weekly ETF […]
© Reuters. Global Net Lease , Inc. (NYSE:) has reported a net loss of $59.5 million for Q4 2023, while also announcing a comprehensive strategy aimed at reducing debt and optimizing its portfolio. The real estate investment trust emphasized its commitment to lowering leverage, with plans to dispose of $400 million to $600 million in […]
Theta Capital Management B.V. AMSTERDAM, Feb. 29, 2024 (GLOBE NEWSWIRE) — Theta Capital, the leading global investor in blockchain venture capital funds, has launched its fourth Theta Blockchain Ventures vehicle to invest in core blockchain infrastructure at the earliest stages. Theta Blockchain Ventures IV is a continuation of Theta’s fund of funds program investing in […]
Sen. Mike Crapo, the top Republican on the Finance Committee, made it clear again Wednesday that he does not support the $78 billion tax bill that would expand the Child Tax Credit and restore a set of business tax breaks, with the cost covered by the elimination of the pandemic-era employee retention tax credit. The […]
(Corrects the period of GDP report in fourth paragraph) The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.4% lower in Wednesday’s premarket activity, as fears continue to grow that inflation is not retreating as fast as it should. US stock […]
Investors have been treated to one heck of a rally by the Semiconductor Sector (NASDAQ:) with stocks like Nvidia (NASDAQ:) leading the sector and stock market higher. But the semiconductor sector may be nearing a crossroads. Is it breakout time or break time for the red-hot semiconductors sector? Today’s long-term “monthly” chart of SMH highlights […]
NASHVILLE, Tenn. (WKRN) — A local man is making Middle Tennessee proud. Nashville tech entrepreneur, Aabesh De, reeled in a big investment on ABC’s Shark Tank. De showed News 2 his invention Flora and how he’s giving back to Music City. He admits that he was not born with a green thumb. “I was not before. Not […]
Mergers and acquisitions are seeing a resurgence so far in 2024, but some of the top bankers on Wall Street are being careful not to overhype the dealmaking revival. Goldman Sachs (GS) CEO David Solomon said Tuesday at a UBS financial services conference that “it’s gotten better” compared with “super anemic” activity during parts of […]
Amundi’s semiconductor ESG strategy has been Europe’s top-performing ETF since the turn of the year, owing to a considerable allocation to high-flying chipmaker Nvidia. According to data from justETF, the $306m Amundi MSCI Semiconductors ESG Screened UCITS ETF (CHIP) has surged 23.4% since the turn of the year, taking its returns for the trailing 12 […]
© Reuters. PARSIPPANY, N.J. – B&G Foods, Inc. (NYSE: NYSE:), a manufacturer and distributor of branded shelf-stable and frozen foods, has declared a regular quarterly cash dividend of $0.19 per share. The dividend is scheduled for disbursement on April 30, 2024, to shareholders on record as of March 28, 2024. The announcement, made today, marks […]
