Ken Griffin's Citadel is the most profitable hedge fund in history. As of December 2022, it had earned nearly $66 billion for clients since its inception in 1990, while Ray Dalio's Bridgewater ranked second with $58 billion in profits. That accomplishment qualifies Griffin as a b
While investors may not be out of the woods in terms of stock market volatility, a series of strong market days and encouraging inflation reports has seen many beaten-down companies rebound on high investor hopes. Share price alone shouldn't ever lead you to buy a stock -- or sel
Buy-now-pay-later company Affirm (NASDAQ: AFRM) beat analyst estimates across the board when it reported results for the fiscal fourth quarter, which ended on June 30. Gross merchandise volume rose 25% year over year to $5.5 billion, revenue jumped 22% year over year to $446 mill
Everyone knows by now that SpaceX is building a 12,000-satellite orbital broadband internet constellation, called Starlink. Many people probably also know that SpaceX is about one-third of the way toward completing this constellation, with more than 4,600 operational Starlink sat
Amazon (NASDAQ: AMZN) investors have had a good year so far. Shares of the tech giant are up over 50% in 2023, compared with a 29% increase in the Nasdaq Composite Index. That rally suggests that Wall Street sees a bright future ahead for this business, which has exposure to seve
Hard to believe, but the 2023 holiday shopping season is quickly approaching. Rather than wait until the last minute to do your shopping, getting prepared early is prudent. This also applies to stocks that benefit from holiday shoppers. Stepping into these two stocks ahead of th
Overall sentiment in the U.S. equity market has been optimistic throughout July and August. In fact, many analysts believe we are already in a bull market since the benchmark S&P 500 index has risen by more than 23% from the cyclical low it touched in October 2022. The S&
The cloud infrastructure market is cooling off after years of rapid-fire growth. Amazon's (NASDAQ: AMZN) market-leading Amazon Web Services (AWS) grew revenue by just 12% year over year in the second quarter, and profits tumbled as customers started to take hard looks at their cl
Although artificial intelligence (AI) investing has been a hot-button topic in 2023, investors have lost interest since the market began its decline about a month ago. It's been clear from second-quarter results that AI isn't a short-term catalyst; it's a long-term one. As a resu
Four years ago, Amazon.com (NASDAQ: AMZN) revealed some big news: To compete with SpaceX and its globe-spanning Starlink satellite network, Amazon would build a satellite constellation of its own, called Project Kuiper. Comprising 3,236 satellites in low Earth orbit, Kuiper was s
With the S&P 500 and the Nasdaq Composite indexes up by 15% and 29%, respectively, in 2023 (as of Aug. 22), investors might assume that there aren't many attractively valued buying opportunities out there right now. But that's definitely not the case -- even some of the large
The University of California system has resolved a lawsuit accusing Walmart of infringing its patents related to energy-efficient LED light bulbs, one of several lawsuits it filed against U.S. retailers over products they sold from China.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Alphabet Inc (Symbol: GOOGL), where a total of 227,285 contracts have traded so far, representing approximately 22.7 million underlying shares. That amounts to about 89.
YieldMax has launched two new active ETFs that seek to generate monthly income via a synthetic covered call strategy. The YieldMax MSFT Option Income Strategy ETF (NYSE Arca: MSFO) sells/writes call options on Microsoft Corp. (MSFT). Meanwhile, the YieldMax DIS Option Income Strategy ETF (NYSE Arca: DISO) sells/writes call options on The Walt Disney Co. [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $197.7 million dollar inflow -- that's a 0.1% increase week over we