A new ETF investing in disaster relief launches in time for hurricane season
The Atlantic hurricane season is in full swing, and a new exchange-traded fund that focuses on disaster recovery has launched just in time for it. The first-of-its-kind Procure Disaster Recovery Strategy ETF invests in companies working to reduce risk and motivate sustainable recovery from natural disasters around the world. “Our partners at VettaFi and the […]
Stock futures slip after the S&P 500’s worst first half since 1970
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 15, 2022. Brendan Mcdermid | Reuters U.S. stock futures fell Thursday night after the S&P 500 closed out its worst first-half performance in decades. Futures tied to the Dow Jones Industrial Average traded 114 points lower, or […]
IRA rollovers often come with higher investment fees, Pew finds: Here’s how much money that costs retirement savers
andresr | E+ | Getty Images IRA rollovers are common for job switchers, retirees Investors rolled $516.7 billion from workplace plans into traditional IRAs in 2018, the latest year for which data is available. That’s nearly 28 times more money than as contributed to traditional IRAs that year. A Pew survey from 2021 found that […]
Stocks making the biggest moves midday: RH, Carnival, Universal Health Services and more
Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH Check out the companies making headlines in midday trading Thursday. RH — Shares of RH fell 10.6% after the high-end furniture chain slashed its full-year outlook and said consumer demand for its products could continue to soften in […]
Investors see little to be gained in stocks the rest of the year, favor dividend payers now, CNBC survey shows
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2022. Brendan Mcdermid | Reuters (Click here to subscribe to the new Delivering Alpha newsletter.) A majority of Wall Street investors believe the market stands pretty much dead in the water for the rest of 2022 and, as […]
Tesla delivered 254,695 electric vehicles in the second quarter of 2022
A giant cowboy boot is on display outside the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” grand opening party on April 7, 2022 in Austin, Texas. Suzanne Cordeiro | AFP | Getty Images Tesla just posted its second-quarter vehicle production and delivery numbers for 2022. Here are the key numbers: Total deliveries Q2 […]
Bitcoin Family say they lost $1 million on their investment this year, but sold a lot at peak
‘Bitcoin Family’ opens a bitcoin beach bar in Lagos, Portugal Didi Taihuttu The “Bitcoin Family” is down more than $1 million on their bitcoin investment since the world’s most popular digital coin peaked at around $69,000 in Nov. 2021 — but patriarch Didi Taihuttu is as bullish as ever. “I’m buying bitcoin daily,” Taihuttu told […]
Google says it will delete location history for visits to abortion clinics after overturning of Roe v. Wade
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google said late Friday that it will work to quickly delete location history for people going to abortion sites and other medical sites following the Supreme Court’s overturning of Roe v. Wade last week. “Today, we’re announcing that if our systems identify that […]
The last remnant of Facebook’s crypto project shuts down September 1
The logo for Diem, formerly known as Libra, is seen is displayed on a smartphone screen with a Facebook logo in the background. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Meta plans to shutter its Novi digital wallet on Sept. 1, just eleven months after the company formerly known as Facebook debuted […]
Self-driving cars from GM’s Cruise block San Francisco intersection in latest problem for autonomous vehicles
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images Automotive and tech executives long promised autonomous vehicles would drive better than humans, but that wasn’t the case for a fleet of Cruise cars in San Francisco this week. The company, a majority-owned […]
