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U.S. Global’s JETS ETF: Capturing Airline Industry Transformation Through Smart Beta 2.0
USGI’s Frank Holmes explains how premium revenue growth, supply constraints, and smart beta strategy position JETS in a transformed airline sector.
OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation
OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.
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‘Everyone Got Burned’: Wall Street Missed the Great Stock Rally of 2023
What was supposed to go up went down, or listed sideways, and what was supposed to go down went up — and up and up. The S&P 500 climbed more than 20%.
RBC Says Rally Makes Stocks Vulnerable With US Recession Still Likely
Equity markets have gone up so quickly that they’re highly vulnerable to a pullback if the US economy slips into even a mild recession.
Global Equity Funds Draw Robust Inflows on Rate Cut Hopes
Global equity funds attracted substantial inflows week of Dec. 27. Data showed inflation cooled in Nov. cementing expectations Fed will cut rates.
Musk Leads World’s Richest to $1.5 Trillion Wealth Gain in 2023
The combined net worth of the 500 richest people surged by $1.5 trillion in 2023, fully rebounding from the $1.4 trillion lost the year prior.