Tesla (TSLA) has been crowned the world’s most-valuable automaker – beating Toyota TM – as its stock has crossed the $1,000 a share mark. Tesla now sits on a market cap of $190.01 billion while Toyota’s market cap is now more than $182 billion. Tesla’s shares rallied a
Wall Street has been rejoicing for the past two months with the unprecedented U.S. central bank and government stimulus. Many have hoped for a V-shaped recovery, especially after the surprisingly upbeat May jobs report and some better-than-expected economic data points.
Tesla Motors TSLA hit a new record high, topping the $1,000 mark for the first time. With the surge, the automaker became the most valuable car company in the world with market cap jumping to more than $190 billion. It also overtook Japanese automaker Toyota Motor TM, whose mark
In trading on Thursday, the The Consumer Staples Select Sector SPDR— Fund ETF is outperforming other ETFs, down about 1.7% on the day. Components of that ETF showing particular strength include shares of Kroger, up about 2.4% and shares of Church & Dwight, up about 1.3%
In the FOMC meeting concluded on Jun 10, the Federal Reserve Chair Jerome Powell maintained a dovish stance and stated that there is no expectation of rate hike through 2022. The central bank has pledged to continue pumping in stimulus until the economy is back on track.The cent
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) where we have detected an approximate $514.7 million dollar outflow -- that's a 2.8% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Staples Select Sector SPDR— Fund (Symbol: XLP) where we have detected an approximate $87.6 million dollar outflow -- that's a 0.6% d
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ETF (Symbol: ACWI) where we have detected an approximate $152.9 million dollar inflow -- that's a 1.3% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $61.0 million dollar outflow -- that's a 2.5% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio Developed World ex-US ETF (Symbol: SPDW) where we have detected an approximate $271.1 million dollar inflow -- that's a 3.9% incr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $301.9 million dollar inflow -- that's a 1.0% increas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) where we have detected an approximate $3.0 billion dollar inflow -- that's a 5.9%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Intermediate-Term Corporate Bond ETF (Symbol: IGIB) where we have detected an approximate $306.0 million dollar inflow -- that's a 3.5% inc
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco DB US Dollar Index Bullish Fund, where 10,600,000 units were destroyed, or a 33.8% decrease week over week. Among the largest und
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares iBoxx $ High Yield Corporate Bond ETF, which added 43,900,000 units, or a 14.7% increase week over week.
Since the U.S. stock market has made a strong comeback from the March lows and activities have started picking up with the reopening of the economy, investors are flocking to cyclical sectors, which are attractively valued at the current levels. These sectors were beaten down ba
Due to the coronavirus pandemic, all sporting events have been canceled. As a result, many consumers who loved watching football, hockey and other sports in stadiums, are now entertaining themselves by playing video games or watching esports online.