Johnson Matthey, a big name in the chemical industry, has some big changes happening at the top. Richard Pike, who was the finance chief, is now the new Chief Operating Officer. This means he will be in charge of making sure the company runs smoothly every day. At the same time, Alastair Judge, who has been working inside the company for a while, will take over as th...
October saw a massive influx of money into US exchange-traded funds (ETFs), with a record-breaking $166 billion in net new assets. This surge was led by Vanguard, which had its best month ever, pulling in over $50 billion. The largest share of these inflows went into US stock ETFs, with large-blend ETFs capturing the most attention. Vanguard's S&P 500 ETF, VOO, was ...
Hedge funds had a strong month in October. Citadel's main fund, Wellington, saw a 1. 8% increase. This brought its yearly performance up to 6. 8%. Citadel's other funds also did well. The Tactical Trading fund gained 2. 7% in October and 13. 4% for the year so far. The Global Fixed Income fund rose by 1. 1% in October and 7. 3% for the year. Other big hedge funds li...
In 2025, foreign stocks are taking the lead over US stocks. This shift is noticeable when looking at how different regions are performing. For instance, stocks in one particular area have jumped by 56. 1% so far this year. This is a big deal because US stocks are not keeping up. The US market, represented by the S&P 500, has grown by 18. 3% this year. While this is ...
The crypto world saw a mix of excitement and disappointment with the launch of new spot exchange-traded funds (ETFs) for Solana, Litecoin, and Hedera. Despite the hype, the prices of these cryptocurrencies didn't shoot up as expected. Solana, often called SOL, is the sixth biggest crypto by value. It dropped by over 3% in a day, even though more people were trading ...
In a recent crypto trading competition, two AI chatbots, Grok and DeepSeek, stood out by making significant profits. They managed to predict a market turnaround and capitalize on it, showing that they might have an edge in this area. The competition, which got a lot of attention, tested the trading skills of several AI chatbots. DeepSeek came out on top, making arou...
In the world of investments, things are always changing. Recently, Truist Financial Corp decided to sell a big chunk of its shares in the Vanguard Long-Term Corporate Bond ETF, known as VCLT. They sold 111, 585 shares, which is a lot! This means they now own a smaller piece of the pie, about 0. 14%, worth around $14. 1 million. But Truist isn't the only one making m...
The stock market is on a roll, and the government shutdown isn't even a speed bump. Stocks are hitting new highs, and it's not just the usual tech giants leading the charge. Even smaller companies and gold are joining the party, setting records of their own. Investors seem to think this shutdown will fade away like the others, with little impact on the market or the ...
The Vanguard Russell 2000 Growth ETF, known as VTWG, is an investment fund that focuses on small-cap growth stocks. It follows the Russell 2000 Growth index, which includes companies expected to grow quickly. VTWG started in 2010 and is managed by Vanguard. Recently, Farther Finance Advisors LLC reduced its VTWG holdings by 8. 1% in the second quarter. They now own ...
July was a tough month for hedge funds, even though the stock market did okay. Some big names in the industry managed to stay afloat, though. Citadel, a major player in the hedge fund world, saw a gain of 1. 3% in its main fund, Wellington. This is good news for them, especially since they had some losses earlier in the year. Overall, they're up 4% for the year so f...