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The theme song for the exchange-traded fund industry could very well be Frank Sinatra’s “It Was a Very Good Year,” as the industry just hit $1 trillion annually in assets this month, faster than any other time in history. “I think, largely speaking, you look across the different asset classes…
The exchange-traded fund (ETF) created around celebrity Wall Street analyst Dan Ives’ top 30 AI picks is off to a strong start. The ETF has raked in nearly $400 million since its June 3 inception and is up 11%. For the month, its 5% gain is outperforming the Nasdaq Composite…
Meta CEO Mark Zuckerberg on Wednesday announced the tech giant will focus on developing a personal superintelligence for everyone, which will further enable creative and leisurely pursuits. Zuckerberg discussed the path forward for Meta’s artificial intelligence (AI) push in a video published on Facebook and Instagram, two of the main social media…
Design software maker Figma will debut with shares indicated to open at more than triple their initial public offering (IPO) price, with the deal oversubscribed. Figma CEO Dylan Field co-founded the firm and has served as CEO since 2012, becoming chair of the board of directors in April 2025.The company’s biography…
Biotech company Moderna said Thursday it plans to cut 10% of its global workforce and expects to have fewer than 5,000 employees by the end of the year. The move is part of the company’s ongoing effort to lower its annual operating expenses by around $1.5 billion by 2027, Moderna…
Microsoft touched $4 trillion in market cap Thursday, joining Nvidia as the only two companies to reach this level. Ticker Security Last Change Change % MSFT MICROSOFT CORP. 524.11 -9.39 -1.76% The upward move came after the tech giant posted stronger-than-expected results. Revenues jumped 18% to $76 billion, and net…
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