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FNDF Pays Twice Yearly From 800 Global Companies, But Tariffs and Oil Prices Threaten Payouts
24/7 Wall St.50d agoneutral
FNDF Pays Twice Yearly From 800 Global Companies, But Tariffs and Oil Prices Threaten Payouts

The Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) pays a semi-annual distribution sourced from dividends of developed-market companies outside the United States. The question for income-focused holders is whether that stream remains durable as energy, banking, and pharma cash flows shift under tariff pressure and Middle East disruption. FNDF tracks the Russell RAFI Developed ... FNDF Pays Twice Yearly From 800 Global Companies, But Tariffs and Oil Prices Threaten Payou

Bloomberg50d agoneutral
Prediction Markets Emerge in Japan, With Shopping Vouchers

(Bloomberg) -- Even as prediction platforms like Polymarket and Kalshi surged into the global mainstream in recent years, Japan — like its Asian neighbors China and South Korea — remained a no-go zone due to strict anti-gambling regulations. That may be starting to change, thanks to enterprising new startups that are finding ways to skirt regulations.Leading the charge are homegrown platforms launched by Gen Z entrepreneurs. Spearheaded by seven-month-old Miraima, the apps allow users to wager o

South Korea unveils massive AI and chip investment drive
Reuters50d agoneutral
South Korea unveils massive AI and chip investment drive

South Korea rolled out sweeping chip and AI mega-projects on Monday, ‌as President Lee Jae Myung pledged to cement ‌overwhelming industry leadership with investments spanning hundreds of billions of dollars over ​several years. The announcement marks Lee's boldest push yet to align South Korea's AI and chip ambitions with his pledge to narrow regional disparities and revive economies beyond the Seoul metropolitan ‌area. Lee was joined by ⁠the leaders of Samsung Electronics and SK Hynix, the world's two largest memory chipmakers, for ⁠the televised announcement.

Bloomberg51d agoneutral
Samsung, SK Reportedly to Invest $1.3 Trillion Over 10 Years

(Bloomberg) -- South Korea’s Samsung Group and SK Group are poised to announce as much as 2,000 trillion won ($1.3 trillion) of investments over the next decade as part of President Lee Jae Myung’s flagship industrial strategy, Korea Economic Daily reported Monday. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardAnthropic’s Mythos 5 AI Model Cleared by US for Wider UseUS Launches Fresh Strikes on Ir

Bloomberg51d agoneutral
Wall Street Is Abandoning Bets on a Stronger Euro

(Bloomberg) -- Wall Street banks are capitulating on bets for a stronger euro, as markets see the US outpacing Europe on interest-rate hikes for the rest of this year.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardAnthropic’s Mythos 5 AI Model Cleared by US for Wider UseUS Launches Fresh Strikes on Iran Targets After Drone HitsAn Analyst’s Missed Remark Surfaced in Deadly Iran School Strike ProbeTh

Bloomberg51d agoneutral
China, India See Top Firms Lose Market Cap Share in AI Lag

(Bloomberg) -- China, India, and Hong Kong have emerged as the only major stock markets worldwide where top companies account for a smaller share of market capitalization than a year ago, underscoring their lag in the global AI race.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardAnthropic’s Mythos 5 AI Model Cleared by US for Wider UseUS Launches Fresh Strikes on Iran Targets After Drone HitsAn Ana

Chevron CFO reveals why gas prices are stuck
TheStreet51d agoneutral
Chevron CFO reveals why gas prices are stuck

Gasoline prices were expected to be the easy part of the oil market cooldown. With crude prices falling from April highs and moving closer to pre-war levels, consumers expected faster relief at the pump. Instead, gasoline prices have stayed sticky, turning a market move into a political fight. ...

Former Nasdaq CEO reveals SpaceX biggest make-or-break test
TheStreet51d agoneutral
Former Nasdaq CEO reveals SpaceX biggest make-or-break test

I have now covered SpaceX's post-IPO story from at least two major angles. Jim Cramer's verdict that it "couldn't sustain the walk-up," and Doug Kass's short thesis. My colleague also covered Michael Burry studying the trade and walking away. I have noticed one thing. Each voice has added something ...

Australia's Firmus Technologies strikes AI access deal with Nvidia
Reuters51d agoneutral
Australia's Firmus Technologies strikes AI access deal with Nvidia

Australian AI infrastructure company Firmus Technologies said on Monday it had signed a strategic partnership ‌with Nvidia Corp to help provide emerging AI firms with more ‌cost-effective access to computing power. • Firmus said the deal would see it buy Nvidia infrastructure ​and sell Nvidia‑powered cloud services to "AI Native" customers, among others, in an agreement that would earn the U.S.-listed chip giant product revenue and a share of cloud revenue. • Firmus said it expected to earn up to $30 ⁠billion in revenue during the first six years of the deal, based on customer commitments.

BlackRock IBIT investors are now nursing a 40% loss
TheStreet51d agoneutral
BlackRock IBIT investors are now nursing a 40% loss

2024 was a massive turning point for crypto. After years of regulatory back and forth, a few of the biggest asset managers in the world were allowed to offer spot Bitcoin (BTC) exchange-traded funds (ETFs). Among them was BlackRock (NYSE: BLK), the world's largest asset management ...