The American Reshoring ETF, managed by Maurits Pot, is placing its bet on a potential resurgence of U.S. manufacturing jobs. Pot believes that we are witnessing the early stages of what some may call “deglobalization,” with an emphasis on job creation, manufacturing, and the reshoring of local manufacturing jobs. Launched in May 2023, the American
Finance
Tungsten, known for its hardness and high energy density, plays a crucial role in various industries, including weapons, autos, electric car batteries, semiconductors, and industrial cutting machines. While China dominates the supply chain for many critical minerals, it has not imposed sweeping restrictions on tungsten, unlike other materials. This has made tungsten a diplomatic metal
The concept of passion tourism has gained traction in recent years, with individuals traveling far and wide to witness events that align with their personal interests. Whether it be attending a music concert, a sporting event, or a cultural festival, passion tourism is driven by one’s passion for a particular activity or event. Travel experts
The stock market recently witnessed a surge in Chewy shares after meme stock trader “Roaring Kitty,” also known as Keith Gill, disclosed his purchase of over 9 million shares, representing a 6.6% stake in the pet food e-commerce company. This significant investment catapulted him to the position of the third-largest shareholder in Chewy, with his
The market has been optimistic about the potential bullish move for both value and growth stocks in the second half of the year. There is a growing sentiment that value stocks, which have been lagging behind in the market, could see an upturn. According to Todd Rosenbluth, the head of research at VettaFi, the annual
JPMorgan Chase and Morgan Stanley recently announced significant increases in both dividend payouts and share repurchases, signaling strong capital return plans for their shareholders. In contrast, Citigroup and Bank of America presented more conservative adjustments to their dividend policies. With JPMorgan leading the pack as the largest U.S. bank by assets, the decision to raise
Warren Buffett, the renowned investor known as the “Oracle of Omaha,” has made his largest annual donation yet by gifting $5.3 billion worth of Berkshire Hathaway shares to five charitable organizations. This gesture is part of Buffett’s long-standing commitment to give away his vast fortune, which he amassed from running the conglomerate he founded back
One of the main points of criticism in the launch of Apple’s mixed-reality headset in China is the significantly higher retail price compared to the U.S. market. Pricing the device at 29,999 yuan ($4,128) in China, which is about 18% higher than the $3,500 retail price in the U.S., has raised concerns among Chinese consumers.
In a recent exclusive interview with CNBC, George Zhao, the CEO of Honor, a Chinese smartphone company, emphasized the crucial role of data security in harnessing the transformative power of artificial intelligence (AI). Zhao highlighted the fact that AI advancements are only valuable if user data is protected. This is particularly relevant in light of
The recent rally in Chewy shares, triggered by a social media post from meme stock leader Roaring Kitty, has once again brought attention to the power of online influencers in the stock market. Keith Gill, commonly known as Roaring Kitty, has a history of stirring up trading activity in speculative stocks like GameStop by posting