In the unpredictable month of September, the Big Tech trade faces more challenges due to volatility. However, Alliance Bernstein’s AB US Low Volatility Equity ETF stands out as a strong contender in the market. While Invesco’s Low Volatility ETF holds traditionally stable stocks such as Berkshire-Hathaway, Coca-Cola, and Visa, the AB US Low Volatility ETF
admin
Even in the face of recent financial struggles, Manchester United’s brand remains resilient and robust. Analysts at Jefferies highlight the football club’s global recognition and extensive fanbase as key drivers of its strength. Despite facing financial difficulties due to rising player costs and operational expenses, Manchester United reported revenues of £662 million for fiscal year
Following the prosecution of FTX founder Sam Bankman-Fried, lawyers representing Caroline Ellison, the star witness in the case, are advocating for no prison time for their client. They argue that Ellison should, at most, be sentenced to time served and supervised release due to her prompt return to the U.S. from FTX’s Bahamas headquarters in
Asian stocks saw a surge on Thursday, with a particular focus on technology shares following the overnight rally of Nvidia. CEO Jensen Huang’s remarks on the strong demand for artificial intelligence further fueled gains in the tech sector, specifically among chipmakers. This spike in technology stocks mirrored the trend seen in the U.S. markets, where
It is imperative for the Bank of Japan to increase interest rates to a minimum of 1%, according to the hawkish stance taken by policymaker Naoki Tamura. Tamura’s firm belief in the necessity of pushing short-term borrowing costs to at least 1% reflects the bank’s unwavering commitment to gradual monetary tightening. This bold assertion marks
The recent announcement by the U.K. government to class data centers as critical infrastructure marks a significant step in boosting cybersecurity within the country. By granting them the “Critical National Infrastructure” designation, data centers now join key sectors such as energy, nuclear power, defense, space, and emergency services. This move is aimed at enhancing collaboration
The landscape of generative artificial intelligence has traditionally been dominated by big U.S. companies like OpenAI, Alphabet’s Google, and Meta. However, in recent times, Chinese tech giants such as Alibaba, Tencent, Baidu, and Huawei have stepped up their game by launching their own AI models. This move signifies China’s ambitions to establish itself as a
The share prices of Trump Media & Technology took a nosedive, plummeting more than 11% following the intense debate between Republican nominee Donald Trump and Democratic Vice President Kamala Harris. It is noteworthy that Trump Media is predominantly owned by the former president himself. This significant drop in share value raises questions about the immediate
The Japanese stock market experienced a decline in performance, particularly in sectors such as Textile, Power, and Shipbuilding. The Nikkei 225 index saw a decrease of 1.63% at the close of trading in Tokyo. This drop in stock value had a significant impact on the overall market sentiment. Eisai Co., Ltd. (TYO:4523) was among the
Over the past two years, the US economy has displayed remarkable resilience to steep interest rate hikes enforced by the Federal Reserve. However, the reversals of these hikes are now being questioned in terms of their potential impact on the economy during a downturn. Despite a five percentage point tightening from March 2022 to July