ETF flows on track to hit record above $1 trillion by year-end, VettaFi data shows – CNBC
Investors poured more than $915 billion into exchange-traded funds in 2024 as of Wednesday, setting a new record, according to VettaFi. With the election providing a new impetus, inflows are expected to reach the $1 trillion milestone by the end of the year, the company said. “Demand for ETFs and usage of ETFs has accelerated […]
Jefferies says these top stock picks are cheap and offer upside heading into year-end – CNBC
Jefferies said there is room for some stocks to rise in the coming months as the fourth quarter gets into full swing. Despite increased volatility in recent months (the CBOE Market Volatility Index is up 48% in the past three months), the market has already seen gains this quarter. Buoyed by a strong start to […]
Don't be scared by the volatility, keep buying chip stocks into year-end, says Cantor – CNBC
Investors shouldn’t let the market volatility this summer get them buying semiconductor stocks, says Cantor Fitzgerald. “Our view is to continue moving forward through the current mid-cycle correction and maintain an overweight to semiconductors,” analyst CJ Muse wrote in a weekend client note. The recommendation comes on the heels of turmoil in the semiconductor sector, […]
Tesla beats the odds with year-end sales push
Automotive expert Mike Caudill claims Elon Musk's Tesla Cybertruck design will turn off potential buyers in Kabuto: Coast to Coast. Tesla on Tuesday beat its fourth-quarter delivery forecast, according to its 2023 production and delivery report. Elon Musk's electric vehicle company delivered a record 484,507 vehicles between October and December, helping it meet its 2023 […]