The Vanguard Financials ETF (NYSEMKT:VFH) and Fidelity MSCI Financials Index ETF (NYSEMKT:FNCL) provide nearly identical sector exposure, though Vanguard’s significantly larger fund size may appeal to high-volume traders. Investors seeking to capitalize on the financial sector’s core components — commercial banking, insurance, and capital markets — frequently weigh these two prominent options. Both funds provide…
New York-based RediBagUSA and CEO Jeffrey Rabiea have agreed to pay $7.3 million to settle a customs fraud investigation into whether the company misrepresented the country of origin on imported plastic retail and grocery checkout bags to avoid antidumping duties, according to the U.S. Department of Justice. The settlement resolves allegations that RediBag USA, legally…
By Lisa Richwine LOS ANGELES, July 16 (Reuters) – Netflix forecast third-quarter revenue and earnings on Thursday that fell short of Wall Street targets and said it would cut the frequency of viewing-hours reports as the company seeks new avenues of growth. Shares of Netflix fell nearly 8.6% in after-hours trading to $67.99. The company…
By Shariq Khan NEW YORK, July 16 (Reuters) – U.S. refiner margins registered a fresh record high for the third consecutive session on Thursday, as low stockpiles and worsening tensions in the Middle East threaten potential supply shortfalls in the world’s largest fuel consuming nation. U.S. refiners have been the biggest beneficiaries of the Iran…
If you’ve been investing for any length of time, you’ve probably caught yourself asking the same question over the past few weeks: “Is this starting to look like another dot-com bubble?” It’s a fair question, especially if you’ve been tuning in to Wall Street’s media machine. The late-1990s technology boom remains the benchmark investors use…
There has never been a trillion-dollar bank. Apple got there, and so did Nvidia, Amazon, Tesla, Meta and Broadcom. Every one of them a tech company. In the whole history of American finance, no lender has ever been worth that much. JPMorgan Chase (JPM) is about 8% away, and it just did something on the…
Summary Oil prices are coming down and are starting to reduce the pricing pressure that had been building in the economy, at least for now. A barrel of benchmark crude oil, West Texas Intermediate, is now fetching $80 at the New York Merc. That’s up a bit from $68 two weeks ago, but down from…
Summary Based in Pittsburgh, PNC provides a range of retail and commercial banking, residential mortgage lending, and asset management services. It has operations in Pennsylvania, Ohio, New Jersey, Michigan, Illinois, Maryland, Indiana, North Carolina, Florida, Kentucky, Washington, D.C., Delaware, Alabama, Virginia, Missouri, Georgia, Wisconsin, and South Carolina.
Summary BlackRock provides investment management, risk management, and advisory services for institutional and retail clients worldwide. Its range of products includes separate accounts, mutual funds, the iShares franchise of ETFs, and other pooled investment vehicles. Assets under management were $15 trillion as of June 30, 2026. iShares is a global lead
James Kelleher, CFA Director of Research & Senior Analyst Technology Jim has worked in the financial services industry for over 25 years and joined Argus in 1993. He is director of research at Argus and a member of the Investment Policy Committee. Jim has been instrumental in building Argus’ proprietary valuation models, which are a…
End of content
End of content