Category: Finance

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White House investing $5 billion in chips: Here’s what to know

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ronnie Chatterji, Duke University distinguished professor and former White House Chips Coordinator, joins ‘Squawk Box’ to discuss the Biden administration’s $5 billion investment in chips, how the money is being spent, the impact on the semiconductor industry, news of Sam Altman looking […]

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Magnificent or Marxist? Passive Investing Is Back on Trial

To get John Authers’ newsletter delivered directly to your inbox, sign up here. Passive investing is back in the crosshairs. “I view the markets as fundamentally broken,” David Einhorn, the master value investor who runs Greenlight Capital, said on Barry Ritholtz’s Masters in Business podcast. “Passive investors have no opinion about value. They’re going to […]

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NGL Energy Partners LP Announces Third Quarter Fiscal 2024 Financial Results

TULSA, Okla., February 08, 2024–(BUSINESS WIRE)–NGL Energy Partners LP (NYSE:NGL) (“NGL,” “we,” “us,” “our,” or the “Partnership”) today reported its third quarter Fiscal 2024 financial results. Highlights include: Net income for the third quarter of Fiscal 2024 of $45.8 million, compared to net income of $59.0 million for the third quarter of Fiscal 2023 which […]

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KraneShares Launches Defined Outcome ETFs (Tickers: KPRO,

NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) — Krane Funds Advisors, LLC (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs) and innovative investment strategies, today announced the launch of two China internet defined outcome ETFs on the New York Stock Exchange (NYSE). The ETF pair provides exposure to China’s internet sector […]

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Investing in Trans Inclusion Isn’t a Choice. It’s Harvard’s Imperative. | Opinion

Only 46 percent of trans students agree with the statement “I feel like I belong at Harvard,” according to a 2019 University-wide survey, the lowest of every demographic subgroup surveyed. These statistics are sobering, but not surprising — at least not to trans students like myself. This first became clear to me during Visitas last […]

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Labour to Announce Shift on £28 Billion Green Investment Plan

Labour leader Keir Starmer is expected to announce changes to his £28 billion ($35 billion) green investment pledge, after weeks of internal wrangling over whether to roll back the costly flagship policy. Starmer will confirm his party is no longer planning to spend £28 billion a year on environmental jobs and industries, The Guardian newspaper […]

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The State of Crypto: Fairer, Cheaper, Faster Everyday Finance- in partnership with Coinbase

“The State of Crypto: Fairer, Cheaper, Faster Everyday Finance”, a report written in collaboration with Coinbase, highlights three major themes that Crypto offers to the traditional payments world, cheaper, faster, and more accessible. The findings of the report underscore a public desire for innovation, with 71% of consumers advocating for cheaper transactions, 70% for speedier […]

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Pharma ETF (IHE) Hit a 52-Week High – February 6, 2024

Investors seeking momentum may have iShares U.S. Pharmaceuticals ETF (IHE – Free Report) on radar now. The fund recently hit a new 52-week high. Shares of IHE are up approximately 18.0% from their 52-week low of $166.99/share. But could there be more gains ahead for this ETF? Let’s take a look at the fund and […]

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Hagerty, Cruz Introduce Legislation to Protect Americans’ Affordable Access to Investing

The Protecting Innovation in Investment Act will block the SEC from pursuing its war on technology WASHINGTON—United States Senators Bill Hagerty (R-TN), a member of the Senate Banking Committee, and Ted Cruz (R-TX) today introduced the Protecting Innovation in Investment Act, legislation to protect Americans’ affordable access to financial markets.  In July 2023, the U.S. […]

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How to turn money managers bullish on green investing.

Optimistic messages that emphasize the long-term benefits of shifting investments away from fossil fuels could increase the amount of wealth under sustainable management by the equivalent of US$3.6 trillion, a new study suggests. The findings offer an alternative to the doom-laden messaging about climate change that dominates media narratives but so far has not succeeded […]

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