What’s behind the growing exodus from TLT ETF into SGOV and BIL?
The iShares 20+ Year Treasury Bond ETF (TLT) and the iShares 0-3 Month Treasury Bond ETF (SGOV) have diverged this year in terms of their inflows and outflows. This situation…
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USA Rare Earth secures up to $1.6B CHIPS funding for US expansion
USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under the CHIPS Act to support the development…
AI frenzy pushes Vanguard’s VOO past $1T in assets
Vanguard’s flagship S&P 500 exchange-traded fund has become the first ETF in history to surpass $1 trillion in assets. The milestone underscores the growing dominance of passive investing and its…
Congress invites NFL Commissioner Roger Goodell to testify about league’s use of streaming services
NFL Commissioner Roger Goodell has been invited to testify before Congress as the league faces increasing federal scrutiny about its broadcast deals and its recent practice of airing games on…
UK house purchase approvals rise above expectations in April
Mortgage approvals for house purchases in Britain rose to a three-month high in April, according to data released by the Bank of England on Tuesday. The Bank of England said…
India prepares major data upgrade with launch of Producer Price Index
India is set to launch a producer price index series this month, alongside a revised wholesale price index with a new base year, marking a significant change in the way…
US job openings surge to nearly two-year high as labour market shows resilience
The US labour market showed renewed signs of strength in April, with job openings unexpectedly surging to their highest level in nearly two years, even as businesses grappled with higher…
Top 3 AI crypto coins to buy ahead of the OpenAI and Anthropic IPOs
Top AI crypto coins have continued their uptrend and are outperforming Bitcoin and other tokens this year as the artificial intelligence boom gains momentum and as top companies like OpenAI…
Marvell stock could soar 410% and reach a $1 trillion valuation, Jensen Huang says
Marvell Technology stock price has gone parabolic and moved to a record high, helped by the ongoing artificial intelligence boom and demand for custom chips. MRVL jumped to $225, up…