The JPMorgan Equity Premium Income ETF (JEPI) and the Schwab US Dividend Equity (SCHD) funds are popular among income-focused investors. JEPI has accumulated over $45 billion in assets, while SCHD has $116 billion in assets, making it the biggest dividend ETF in the world. So, which is a better fund to invest in? SCHD ETF
Spotify Technology shares SPOT rose on Thursday after the music streaming company forecast fourth-quarter operating income above Wall Street expectations, supported by subscriber growth and investments in artificial intelligence-powered features. The stock gained 8.6% in trading, outperforming a broader market decline driven by renewed concerns about AI spending and technology valuations. Spotify reported revenue of
Meta Platforms reports third-quarter earnings on Wednesday with Wall Street facing a test of whether the artificial intelligence boom is producing enough cash to justify its enormous investment bill. Analysts expect $63.42 billion in revenue, up nearly 24% annually, but also forecast $41.68 billion in capital expenditure and an $8.52 billion free cash outflow. The
Samsung Electronics and SK Hynix fell in Seoul on Tuesday despite an overnight rebound in US semiconductor stocks. SK Hynix dropped 3.6% to 1,231,000 won, while Samsung lost 1.5% to 214,500 won by 10:30 am local time. The KOSPI declined 3.2% to 5,587.27. The losses contrasted with Monday’s 1.61% rise in the Philadelphia Semiconductor Index,
Bank of America sees little reason for investors to rush back into stocks ahead of November. Strategist Michael Hartnett favours a defensive stance because of a combination of stubbornly high borrowing costs, geopolitical tensions, election uncertainty and cracks in the AI trade. His warning extends beyond who controls Congress – several forces supporting corporate earnings
Crude oil prices continued the upward trend, reaching its highest level since May 20 as the crisis in the Middle East gained momentum. Brent, the global benchmark, rose to $110, while West Texas Intermediate (WTI) moved to $99.05, well above its July low of $67. Iran continues to shoot ships Brent and West Texas Intermediate
The artificial intelligence trade has faced several headwinds this year, but last week’s sell-off struck at the foundations of the multiyear AI infrastructure boom, revealing a stark shift in investor sentiment as warnings about financing costs and returns become harder to ignore. The week began with industry leaders highlighting the growing importance of capital availability
Anthropic’s potential initial public offering is facing an early test of investor appetite, with some prospective and existing investors reportedly considering a valuation of around $1.5 trillion, below the roughly $2 trillion target previously expected for its November listing. The reassessment follows a slowdown in the company’s sequential revenue growth and comes as investors grow
Palantir stock has suffered a big reversal, wiping out some of the gains made since June when it bottomed at $106.5. It dropped to $186.7, down by 12.75% from its highest point this year. Still, analysts are optimistic about the company, citing its strong fundamentals and revenue growth. Palantir stock coincided with the tech sector
Netflix shares NFLX fell 3.5% in premarket trading on Friday after the streaming company announced a leadership change aimed at strengthening its film and television programming amid slowing viewer engagement and increased competition. The company said former Disney and Fox executive Peter Rice would become its chief content officer on October 26, replacing Bela Bajaria,