‘Game over’ for ESG investing due to Trump backlash? Analysts say no

‘Game over’ for ESG investing due to Trump backlash? Analysts say no


Key Points
  • ESG funds have suffered outflows for two consecutive years, partly due to political blowback.
  • Investment analysts say “environmental, social and governance” funds are here to stay despite headwinds.
  • Critics say ESG investing is akin to “woke” capitalism. Advocates say it delivers better long-term returns for investors.



Source

Stocks making the biggest moves after hours: MongoDB, Okta, PVH and more
Finance

Stocks making the biggest moves after hours: MongoDB, Okta, PVH and more

Check out the companies making headlines in after-hours trading. MongoDB — Shares of the developer data platform company popped more than 21% after MongoDB topped Wall Street’s expectations. The company reported adjusted earnings of $1 per share on revenue of $591 million, beating earnings estimates of 66 cents per share on revenue of $556 million, […]

Read More
How BlackRock and Goldman Sachs are bringing Wall Street’s hottest asset class to 401(k)s
Finance

How BlackRock and Goldman Sachs are bringing Wall Street’s hottest asset class to 401(k)s

Wall Street’s largest firms are championing a new cause. They are bringing alternative assets — once reserved for the ultra-wealthy — to the portfolios of individual investors. Chief among the proponents are BlackRock and Goldman Sachs. But, as is usually the case in investing, the potential of greater returns comes at a risk. “The alternative […]

Read More
Stocks making the biggest moves midday: EchoStar, Brown-Forman, Semtech, Oklo and more
Finance

Stocks making the biggest moves midday: EchoStar, Brown-Forman, Semtech, Oklo and more

Check out the companies making the biggest moves midday: Semtech — The semiconductor maker rallied 17% on better-than-expected second-quarter results and strong third-quarter revenue guidance. The company posted a Q2 profit of 41 cents per share, excluding certain items, on revenue of $27.6 million. Analysts expected earnings of 40 cents per share on revenue of […]

Read More