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6 items- NEWSTech, AI Drive $12.2B Inflows Into Growth ETFs, Marking Record Outperformance Over ValueExchange-traded funds (ETFs) focused on growth equities – characterized by robust revenue growth, high valuations, and strong potential for innovation – experienced elevated inflows in June. This surge in interest towards growth-linked funds coincided with a significant outperformance of growth over value stocks, reflecting increased investor confidence in the tech sector and disruptive innovations like artificial intelligence. The eight largest growth-linked ETFs by assets under management (AUM) collectively experienced a substantial $12.2 billion in inflows from the beginning of the month through June 24. Leading the pack, the Vanguard Growth ETF (NYSE:VUG) saw the highest monthly
- NEWSMarjorie Taylor Greene Reveals New Stock Trades After 2-Year Gap: Berkshire Hathway, Goldman Sachs And Microsoft Make The List — But Trump's DJT Doesn'tFirebrand Republican Congresswoman Marjorie Taylor Greene (R-GA) made headlines Thursday with a disclosure of her latest financial transactions. What Happened: Greene’s filing on Thursday marks her first periodic transaction report since June 2022, adhering to the “Stock Trading on Congressional Knowledge Act.” This act mandates U.S. lawmakers to publicly disclose financial transactions within 45 days of occurrence, typically within a value range. All transactions occurred on either April 25 or 26. The details of Greene’s transactions are as follows: CompanyValue RangeBerkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK)$1,001-$15,000Goldman Sachs Group, Inc. (NYSE:GS)$1,001-$15,000The
- NEWSTech Sell-Off Triggers Market Reset: Value Stocks Reach 7-Month High Versus GrowthThe U.S. stock market suffered the worst start to year in over two decades, with the S&P 500 and the Nasdaq 100 dropping 0.6% and 1.7%, respectively, on Tuesday. This downturn was primarily instigated by a widespread sell-off in the technology sector, as investors adopted a more cautious stance following a robust market rally in the final two months of 2023. Interestingly, not all segments of the equity market were equally affected by this early-year turbulence. Value-related stocks managed to weather the storm, avoiding losses and even posting modest gains during the first trading session of the year. Notably, the iShares Core S&P U.S. Value ETF (NYSE:IUSV) closed 0.6% higher on
- NEWSGrowth Stocks Outpace Value By 10% As 2023 Nears End: Will The Trend Continue?So far, 2023 has been mostly about growth stocks. Sector performance within the S&P 500 indicates that growth-oriented stocks from the Information Technology and Communication Services sectors have been leading in returns. Also Read: Value Stocks Hit 15-Month Low Against Growth As AI Fuels Tech’s Vengeance Over 2022’s Rate-Hike-Induced Market Fall Growth stocks in the U.S. have bee outperforming value stocks over the past decade. The iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) which serves as a proxy for stocks from growth-oriented sectors, has returned 191.54% versus the value stocks-tracking iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) which has gained 99.98%. Over thi
- NEWSValue Stocks Hit 15-Month Low Against Growth As AI Fuels Tech's Vengeance Over 2022's Rate-Hike-Induced Market FallValue stocks fell to a seven-month low in relation to growth stocks, already lagging by more than 20% year to date on the heels of an AI-related rally propelling equities in the technology sector. On Thursday, the ratio between the iShares Russell 1000 Value ETF (NYSE:IWD) and the iShares Russell 1000 Growth ETF (NYSE:IWF) fell to levels not seen since end-January 2022, thus illustrating a widening underperformance of value-oriented companies relative to growth ones. The gauge that measures the relative strength of value against growth stocks climbed as high as 33% in 2022, as the Fed's aggressive rate hikes triggered massive selloffs in growth-tech shares, while the value segment of the
- NEWSUS Value Stocks Trail Growth Stocks By An Alarming 8% In 2023: Why Is The Value Style Underperforming Again?The first four and a half months of 2023 have been broadly positive so far for U.S. stocks, with the S&P 500 index, which is closely tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), gaining 8%. Significant performance differences have emerged across sectors and styles, with value stocks largely underperforming against growth stocks. The iShares Core S&P Growth ETF (NASDAQ:IUSG) rose 11.5% so far this year, while the iShares Core S&P Value ETF (NASDAQ:IUSV) by only 3.4%, generating an 8% performance gap between value and growth stocks. Up until the beginning of March, there was little difference in performance between the two major equity styles, but since the regional banking crisis e