In a sign that high inflation won’t keep shoppers away from the stores, Walmart announced in its quarterly earnings report on Tuesday that sales grew more than 8%, beating analyst forecasts. For the fiscal second quarter that ended July 31, Walmart reported $152.86 billion in in revenue, above the $150.81 billion expected by Refinitiv consensus [...] Read more at ETFtrends.com.
By late morning Tuesday, consumer staples are trading up 1%, with Walmart (WMT) in the lead after announcing results for the fiscal second quarter of 2023. On Tuesday, Walmart said sales grew more than 8%, but profits tightened in the fiscal second quarter, as consumers turned to the discounter for groceries and essentials, CNBC reported. [...] Read more at ETFtrends.com.
In trading on Tuesday, the SPDR S&P Retail ETF is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of Hibbett, up about 8.8% and shares of Childrens Place, up about 8.5% on the day.
Tesla CEO Elon Musk tweeted the electric automaker’s milestone of producing over three million cars, making the company’s stock a prime play when it comes to creating single stock exchange traded funds (ETFs). It’s certainly a high mark for the company, which was founded back in July 2003 when electric cars weren’t as highly used [...] Read more at ETFtrends.com.
After a rough first half of 2022, equities appear to be rallying despite inflation fears and lately, recession fears. However, is the optimism too soon when geopolitical and macroeconomic risks are still present? The month of July was certainly a comeback for the major stock market indexes, such as the S&P 500. At one point, [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Growth ETF (Symbol: VUG) where we have detected an approximate $1.4 billion dollar inflow -- that's a 1.8% increase week over week in outst
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) where we have detected an approximate $1.1 billion dollar inflow -- that's a 7.3% increa
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 1-3 Year Treasury Bond ETF (Symbol: SHY) where we have detected an approximate $760.0 million dollar inflow -- that's a 3.0% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Total Stock Market ETF (Symbol: VTI) where we have detected an approximate $1.9 billion dollar inflow -- that's a 0.7% increase week over w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Intermediate-Term Corporate Bond ETF (Symbol: VCIT) where we have detected an approximate $1.0 billion dollar inflow -- that's a 2.4% incre
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard S&P 500 ETF (Symbol: VOO) where we have detected an approximate $4.2 billion dollar inflow -- that's a 1.5% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) where we have detected an approximate $822.0 million dollar inflow -- that's a 2.3
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard FTSE Pacific ETF (Symbol: VPL) where we have detected an approximate $773.8 million dollar inflow -- that's a 15.1% increase week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Total Bond Market ETF (Symbol: BND) where we have detected an approximate $725.6 million dollar inflow -- that's a 0.9% increase week over
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P Total U.S. Stock Market ETF, where 9,900,000 units were destroyed, or a 2.1% decrease week over week. Among the large
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Vanguard FTSE Developed Markets ETF, which added 25,106,880 units, or a 1.1% increase week over week. Among the largest underlying components of
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) where we have detected an approximate $594.0 million dollar inflow -- that's a 3.7%
U.S. stock exchange traded funds are testing their long-term technical indicators, potentially signaling the formation of an extended bull trend. On Monday, the SPDR Dow Jones Industrial Average ETF (DIA) was up 0.4% and the SPDR S&P 500 ETF Trust (SPY) was 0.3% higher. SPY was testing its long-term resistance at the 200-day simple moving [...] Read more at ETFtrends.com.
Crude oil prices and related exchange traded funds plunged Monday after weak Chinese economic data fueled demand fears in a slowing global economy. On Monday, the United States Oil Fund (USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (BNO), which tracks Brent crude oil futures, were down [...] Read more at ETFtrends.com.
Evan Harp speaks with Amplify’s Dan Weiskopf to discuss Michael Saylor stepping down as CEO of MicroStrategy and what it means for the company and the broader crypto space. Evan Harp: At a high level, what does Michael Saylor’s exit mean for MicroStrategy, and what can expect under Phong Le’s stewardship? Dan Weiskopf: Well, take [...] Read more at ETFtrends.com.