3+ day, 5+ hour ago   (389+ words) New funds aim to give investors a space economy investment that isn’t just SpaceX. Much as the universe is expanding, so is the cosmos of space ETFs. “This opportunity is not simply investing in space,” Seraphim CEO Mark Boggett said....

6+ day, 5+ hour ago   (379+ words) As geopolitical risks interrupt traditional supply routes, it’s becoming more important to tap into areas with major reserves. Chevron is getting a sweet deal on Venezuela’s sour crude. It’ll take years before Chevron hits the numbers outlined in the deal,…...

1+ week, 5+ hour ago   (1391+ words) New Apple CEO John Ternus can leverage Steve Jobs’ legacy of design elegance and Tim Cook’s emphasis on premium pricing. What’s his next step? The black turtlenecks and blue jeans. The Zen Buddhist influence, the “fruitarianism,” the cars with no…...

1+ week, 3+ day ago   (387+ words) Two portfolio approaches — asset-focused and outcome-oriented — can overlap. But the latter puts the individual client’s goals at the center of the process. Portfolio construction these days is less a matter of what and more a matter of why. As advisors…...

1+ week, 3+ day ago   (313+ words) Bringing some of Altruist’s AI financial planning tech to Vanguard Digital Advisor may be a core reason the asset manager made the offer in the first place. “Vanguard [will own] the AI capability to build that without licensing it from…...

1+ week, 4+ day ago   (275+ words) The State Street SPDR S&P Biotech ETF is up 33% this year, but fund flows remain muted. If a sector rallies in a forest and no one’s there to hear it, does it really cash in? The two largest biotech…...

1+ week, 4+ day ago   (366+ words) While issuers have been told by the SEC to hold their plans for new 3x, 4x and 5x funds, Defiance recently filed for a series of 2x funds that would reset hourly. Who remembers the psychological thriller Memento from the year 2000? “They’re trying to…...

1+ week, 4+ day ago   (333+ words) Chobani, whose sales volume has jumped 20% in the past three years, is planning a high-protein milk product amid a larger expansion. To paraphrase the ancient Greek aphorism: Nothing in excess … except maybe protein. On Tuesday, Greek yogurt giant Chobani said…...

1+ week, 5+ day ago   (398+ words) OpenAI has been slowly introducing ads to users’ chat boxes since launching them less than a year ago, but the reaction has been mixed. OpenAI thinks it’s on pace to make $1 billion in revenue from its ad biz annually. The…...

1+ week, 6+ day ago   (391+ words) Since taking over as Fed chair in late May, Warsh has made it clear he is less comfortable providing forward guidance than his predecessor. A hawkward silence fell upon Jackson Hole. While Federal Reserve Chair Kevin Warsh continued advocating for…...