From global politics to corporate megadeals and domestic economic shifts, Friday’s headlines capture major developments. Trump slams India-Russia-China summit ties. Thailand gets its third PM in two years amid political chaos. Musk eyes $1 trillion Tesla pay package tied to massive growth targets. US jobs market stalls with only 22,000…
Keir Starmer pulled off a major cabinet shake-up on Friday, trying to steady his government after Deputy Prime Minister Angela Rayner’s shocking resignation.The reshuffle saw some pretty significant moves as David Lammy got promoted from Foreign Secretary to Deputy PM and Justice Secretary, Yvette Cooper shifted from Home Secretary to…
Angela Rayner’s resignation as both deputy prime minister and deputy leader of the Labour Party has set off a high-stakes internal election to replace her, reopening divisions within the party over direction and leadership.Rayner, long regarded as a potential future leader, quit her posts on Friday after the independent adviser…
Investors are bailing on Advanced Micro Devices Inc (NASDAQ: AMD) this morning after its AI peer Broadcom Inc (NASDAQ: AVGO) reported blockbuster earnings for its fiscal third quarter.Broadcom’s record-breaking results and bullish guidance sent ripples across semiconductor sector – also triggering investor rotation away from AMD shares on concerns of…
The Ibovespa climbed more than 1% on Friday, setting a fresh intraday record above 142,000 points, after weaker-than-expected US labour data strengthened expectations of imminent Federal Reserve rate cuts.InfoMoney reported that the benchmark index rose 1.60% to 143,248 points at 10:40 am in Brasília, after touching a new all-time high…
Circle stock (NYSE: CRCL) slipped 8% on Friday, as investors digested the aftermath of its June IPO and a recent public offering that included secondary sales by insiders.Despite posting strong Q2 revenue of $658 million, up 53% year-over-year, thanks to rising USDC circulation and strategic partnerships, the stock felt pressure…
The Global X NASDAQ 100 Covered Call ETF (QYLD) is struggling this year. QYLD has rallied to $16.7, up by 21% from its lowest level this year. Unlike other funds, it remains much lower than the year-to-date high of $17.6 and has had outflows in the last six consecutive weeks. Its…
Football economics have gone insane in past years. Normal fans are amazed. But the numbers no longer shock insiders. Football clubs are now surpassing the billion mark in annual revenue. The English league is breaking transfer record after transfer record. Private equity groups, credit funds and sovereign wealth managers are…
From global politics to corporate megadeals and domestic economic shifts, Friday’s headlines capture major developments. Trump slams India-Russia-China summit ties. Thailand gets its third PM in two years amid political chaos. Musk eyes $1 trillion Tesla pay package tied to massive growth targets. US jobs market stalls with only 22,000…
The Schwab US Dividend ETF (SCHD) is struggling this year. While its net inflow is over $5.47 billion, recent data show that the fund has not had traction among investors. SCHD ETF now has over $72 billion in assets under management (AUM), making it one of the biggest funds in the…