September is living up to its reputation as a volatile month, and this creates more challenges to the Big Tech trade. But one low-volatility ETF is still betting big on it.Alliance Bernstein is behind the AB US Low Volatility Equity ETF. According to FactSet, its top three holdings include megacap winners Microsoft, Apple and Alphabet.”Technology touches everything that we do in most facets of our life, but there are other industries in play,” Noel Archard, the firm’s global head of ETFs and investor solutions, told CNBC’s “ETF Edge” this week. “So, we’re continuing to see a lot of interest in…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyBob Duggan & Maky Zanganeh, Summit Therapeutics co-CEOs, join ‘Fast Money’ to talk its lung cancer drug and continuing treatment studies.04:38a minute ago Source link
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 4, 2024. Brendan Mcdermid | ReutersStocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox.Here’s what CNBC TV’s producers were watching as the major averages made a stunning comeback from the day’s lows and what’s on the radar for the next session.The big stock story of the dayNvidia shares swung by about $10 from the session lows to the day’s high. The…
Data centers today are crucial computing infrastructure that power the modern-day internet.In Pictures Ltd | Andrew Aitchison | Corbis News | Getty ImagesLONDON — The U.K. on Thursday said it now classes data centers as critical infrastructure, in a move that is expected to boost cybersecurity in the country and help operators of the critical computing facilities work with the government to protect data from malicious attacks and outages.British Technology Minister Peter Kyle said that U.K. data centers will be given “Critical National Infrastructure,” or CNI, designation, a label normally reserved for only key sectors such as energy, nuclear power,…
Editor’s note: This article is part of The Changemakers series, focusing on the behind-the-scenes executives and people fueling the future growth of their sports.MASON CITY, Iowa — Two 30-something-year-old dudes set up lawn chairs in a garage on a nice little Friday morning in November. The fridge is stocked with celebratory beers. Their laptops are out, if anybody wants to actually buy high-quality golf bags made specifically for preschoolers.Tyler Johnson is nervous. He usually is. “Nobody’s actually going to buy any bags,” he keeps telling his buddy, Jared Doerfler, there for moral support. The waitlist was plenty long, but still, “Maybe I’ll…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyAndy Walden, Intercontinental Exchange VP of research and analysis, joins ‘Fast Money’ to talk today’s CPI read, the housing market, and more.04:34an hour ago Source link
Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Michael M. Santiago | Getty ImagesU.S. stock futures inched lower Wednesday night as investors brace for more inflation and labor data, following a volatile session spurred by the release of the August consumer price index.Dow Jones Industrial Average futures fell by 28 points, or 0.07%. S&P 500 futures and Nasdaq 100 futures dipped 0.09% and 0.19%, respectively.Investors are coming off a choppy session, after a late-day advance in tech shares helped the major benchmarks rebound from their lows. The S&P…
Taylor Swift performs onstage during “Taylor Swift The Eras Tour” at Olympiastadion in Munich, Germany, July 27, 2024.Thomas Niedermueller | Getty Images Entertainment | Getty ImagesTaylor Swift’s endorsement of Vice President Kamala Harris in a Tuesday night Instagram post drove at least 337,826 visitors to Vote.gov, a government website that directs users to state-specific voting information, a spokesperson for the U.S. General Services Administration told CNBC.Swift released her endorsement minutes after the conclusion of the first debate between Harris and former President Donald Trump.In her Instagram endorsement, the musical superstar pointed her followers to the Vote.gov website, and encouraged them…
Baltimore Ravens linebacker Kyle Van Noy said the Kansas City Chiefs training staff acted in an “unprofessional” manner when tending to him for an eye injury he sustained during a Week 1 game at Arrowhead Stadium on Sept. 5.During an episode of his podcast “McCoy & Van Noy,” Van Noy said he sustained a fractured orbital bone and needed to see an ophthalmologist but was left waiting in the locker room.“I was disappointed in the way the training staff of the Chiefs handled the situation. When you get hurt, especially something that could be serious like mine was, you’re supposed…
JPMorgan thinks Viking Therapeutics could be the next big name in the GLP-1 boom. The firm initiated coverage of the biopharmaceutical company with an overweight rating and a price target of $80 per share. JPMorgan’s forecast implies more than 46% upside from Tuesday’s $54.65 close. Viking Therapeutics is in the process of advancing its obesity drug VK-2735 , which would join the likes and rival peer GLP-1 drugs from Novo Nordisk and Eli Lilly , through clinical trials. In July, Viking said an injectable version of the drug would enter a phase 3 trial, while a phase 2 study of…
