Small-cap stocks unloved in ETF flows — but Rob Arnott likes these ‘underdogs’
This week’s ETF Wrap looks under the hood of unusually strong flows in August.
Broadcom boosts AI revenue outlook, but stock falls after mixed earnings
While Broadcom beat on infrastructure solutions revenue in the latest quarter, it missed in semiconductor solutions and came up short on its overall revenue outlook...
Costco posted another sales gain last month as bigger retail chains pull ahead
The bulk retailer’s same-store sales were up 5% in August and 5.4% in its most recent quarter.
AST SpaceMobile shares slide on $400 million stock sale
Shares of AST SpaceMobile Inc. fell 14% Thursday after the space-based broadband company announced an at-the-market sale of up to $400 million of common stock.
UiPath sees 10% revenue jump on ‘increasing need’ for AI; stock rallies
UiPath also raised its guidance and approved a half a billion stock buyback program.
Markets are uneasy as a U.S. recession looks more likely
Investors have been extra sensitive to weak economic data and talk about an upcoming recession.
Broadcom says it will sell $12 billion in AI parts and custom chips this year
Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in...
J.D. Vance suggests ‘Grandma and Grandpa’ can provide child care for cash-strapped families. Many grandparents can’t afford to do that.
The assertion that grandparents or anyone else should be providing child care without a plan to pay them “plays into this harmful narrative that undervalues...
Bulls need a lot of help — but the stock market isn’t willing to give it
S&P 500 is facing resistance to move higher; 5,370 is the number to watch.