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Investors choosing between Vanguard FTSE Developed Markets ETF (NYSEMKT:VEA) and State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) must weigh broad international exposure against a targeted net-zero climate strategy. Vanguard FTSE Developed Markets ETF tracks established non-U.S. economies, offering low-cost access to thousands of companies across Europe and the Pacific. In contrast, the…

Chinese refiners largely stopped competing for Middle Eastern crude during the Iran conflict, leaving more Gulf cargoes available to Europe, India, and the rest of Asia just as traders prepared for a supply shock. The International Energy Agency (IEA) estimates China drew 41 million barrels from crude inventories during June, one of the largest monthly…

Inflation eased in June, according to data released by the Bureau of Labor Statistics on Tuesday.  Over the last 12 months, consumer prices increased 3.5% before seasonal adjustment, down from 4.2% in May. This was well below the 3.8% annual increase that Bloomberg economists were anticipating.  Energy prices, particularly gasoline, were the biggest contributor. The…

By Diana Novak Jones July 14 (Reuters) – A U.S. judge has dismissed a proposed class action accusing Apple of failing to stop the dissemination of child sexual abuse material through its iCloud data storage platform, saying the company is broadly shielded from ‌the claims under a federal law protecting online services from liability for…

Stephen Biggar Director of Financial Institutions Research Stephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and…

Kristina Ruggeri Analyst: Generalist Kristina began working with Argus Research in 2019. She is responsible for covering selected Consumer Discretionary and Consumer Staples Stocks and has nearly 20 years of experience in the financial services industry. Kristina began her career at Price Waterhouse where she audited asset managers, broker dealers, and banks. Later she joined…

CPU makers Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD), Intel Corp (NASDAQ:INTC, XETRA:INL), Arm Holdings PLC (NASDAQ:ARM) and Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) are all reporting earnings in the coming weeks, and Bank of America says the results will tell very different stories depending on the business. PC and smartphone sales are still struggling, both down more…

By Saeed Azhar, Nupur Anand and Tatiana Bautzer NEW YORK, July 15 (Reuters) – A rush by technology companies to fund AI infrastructure is boosting dealmaking and financing activity for Wall Street, bankers said on Tuesday, generating lucrative fees from capital raising and loans. Investment banks have ‌reaped strong fees from AI-related deals, including SK…

Galaxy just unveiled GOFR, the Galaxy Onchain Financing Rate, a managed lending program that gives institutions a single blended borrowing rate sourced from DeFi’s biggest money markets. What’s the Scoop? The mechanics: GOFR aggregates variable rates from Aave, Kamino, Morpho, Spark, and other lending protocols, then continuously rebalances them into one optimized rate. Clients borrow…