A Fat 13% Yield From the Russell 2000? Meet the Covered-Call Fund Betting Against Big Tech
IWMI writes covered calls against the Russell 2000 to deliver a 13% yield, giving income investors a small-cap alternative to mega-cap tech funds.
Markets
How a homegrown Chinese chip maker became the memory industry’s biggest wild card
There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it h…
Will the Fed hike interest rates this month?
In his first public comments since the Federal Open Market Committee (FOMC) meeting in June, new Fed Chair Kevin Warsh stated that “prices are too high” while speaking at the ECB (European Central Bank) Forum on Central…
Forget gasoline: Why the price surge in this under-the-radar fuel is the real threat to the U.S. economy
The U.S. announced the names of four soldiers who were killed by an Iranian drone on Sunday. The leader of the U.S. Central Command said more than 50,000 troops, 200 fighters, two aircraft carriers and bombers were part…
This may be the real reason USDA made a huge revision to its beef-export sales data
Meatpacking is a concentrated industry, with a few firms accounting for most production. Across the entire U.S. economy as well as in agribusiness, industry concentration has reemerged as a policy issue. In 2020, the Ho…
'WarshGPT': How Wall Street is adapting to the Fed's new era of communication
F/m Investments' Washington, D.C., office is just a short drive from the Federal Reserve's headquarters. But under the central bank's new leadership, CEO Alexander Morris has found the distance feeling far greater.
U.S. military says it has completed the latest round of strikes against Iran, amid more disruptions to shipping
The U.S. military said early Saturday it ended a seventh straight night of strikes against Iran, as Kuwait and Bahrain reported attacks by Iranian projectiles and commercial shipping continued to face disruptions.
My mom has no savings, but needs assisted living. Are Social Security and Medicaid enough?
Older adults in the U.S. are sounding the alarm on their concerns about the healthcare system. The John A. Hartford Foundation reports that 56% of older adults say it is difficult and stressful to navigate the health ca…
Google Cloud Revenue Grew 63% Last Quarter. Here's Why That Number Matters More Than Alphabet's Ad Business Right Now.
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is a digital advertising juggernaut. That goes without saying. In the first quarter, it collected $77.3 billion in ad revenue, up 16% year over year and representing 70% of the co…
How are prediction markets taxed? The IRS hasn’t provided guidance yet
As prediction markets grow in popularity, traders are facing a key question: The Internal Revenue Service hasn't shared any details on how their winnings are to be taxed.
Iran renews attacks on Gulf states after another night of US strikes
The United States and Iran traded another round of overnight attacks as fighting spread across the Gulf, with Tehran claiming strikes on military, intelligence and fuel-support facilities in Bahrain and Kuwait and regio…
Meet Kimi K3, the newest Chinese AI model haunting Silicon Valley
A high bar is set for Q2 results. Plus: A sector that could surprise, what to watch in big bank earnings, and the World Cup’s effect on the US economy.
Meta and Anthropic Discuss $10B AI Infrastructure Agreement
Meta Platforms Inc. (NASDAQ: $META) is in talks to lease as much as $10 billion of computing capacity to Anthropic, opening a possible path into the AI cloud market as demand for chips and data center access continues t…
Corn Sees a Late Push to Close Near the Highs on Friday
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5 ¼ cents higher on the week with December up 6 1/2. The CmdtyView nati…
Cattle Continues Slide into the Weekend on Weaker Cash and Beef
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240 in the north this week, with Southern trade at $237-238. Feeder…
Leather jacket worn by Nvidia CEO goes for just under $1 million at Sotheby's auction
Nvidia CEO Jensen Huang is rarely seen without his leather jacket. It's his signature look. He's been wearing them for nearly 20 years.
US military says it completed latest strikes on Iran, marking 7th consecutive night of attacks
Follow updates on the war in the Middle East for Wednesday, July 15, here. See earlier developments below.
Robinhood Targets 27.6M Customers as Chain Moves Beyond Memecoin Rush
Robinhood Markets (NASDAQ: $HOOD) is trying to turn its 27.6 million funded customers into an onchain distribution advantage as Robinhood Chain moves beyond its opening burst of memecoin trading.
Stocks Finish Sharply Lower as Tech Stocks Slump
The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.01%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.49%. September E-mini S&P futures (ES…
Soybeans Holding onto Midday Gains, Following Slew of Export Business
Soybeans are rebounding from the Thursday weakness with contracts up 6 to 8 cents in most contracts at midday. The cmdtyView national average Cash Bean price is up 7 ½ cents at $11.62 1/2. Soymeal futures are $2.10 to $…
Brazil justice suspends visits to ex-President Bolsonaro for 30 days
Brazilian Supreme Court Justice Alexandre de Moraes suspends use of law to reduce prison sentences, pending further review.
Databricks' 40% valuation bump looks 'almost quaint' next to Anthropic
When Databricks closes its new funding round, its valuation will get a 40% bump since it last raised capital in February.
How your winning stock-index fund can turn on a dime
In the first full budget since Labor's landslide election victory last year, the government is putting some money back in workers' pockets and increasing taxes on investors.
Corn Sees a Late Push to Close Near the Highs on Friday
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5 ¼ cents higher on the week with December up 6 1/2. The CmdtyView nati…