Invesco's XSHD ETF delivers rising dividends from underlying companies but has declined 23% over five years, highlighting yield-trap risks. The Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) has lost 23% over five years despite distributing real dividends fro
AbbVie’s 400% return over 10 years surpasses the S&P 500, driven by Humira successors and Allergan acquisition growth. AbbVie (NYSE:ABBV) delivered a 400% return over the past decade, turning a $1,000 investment into $5,000, while its dividend tripled from $0.57 to $1.73 p
Stronger-than-expected US services data bolsters USD demand, pressuring JPY as Fed rate cut bets fade. The USD/JPY pair hovers near 159.98, just below the 160.00 mark, as the US Dollar strengthens on robust economic data. The ISM Services PMI climbed to 54.5 in May, up fro
The cuts affect less than 1% of Uber’s global workforce but target senior roles to streamline operations under new leadership. Uber is reducing 23% of its People and Places division, which oversees human resources, recruitment, and workplace facilities. The layoffs impact
The instinct to move to cash when markets get ugly is one of the most natural impulses in investing. It also happens to be one of the most expensive ones, and Wells Fargo just published data to prove it The numbers behind the warning are more specific than most inve
Unregulated crypto platforms face enforcement actions if operating without authorization after June 30 under new EU rules. Crypto asset service providers in the EU must obtain MiCA licenses by June 30 or risk enforcement actions, German and Austrian regulators confirmed. G
A trader flips bullish on HYPE, ZEC, and NEAR after incurring a $46.46 million loss from a stubborn short position. A crypto trader known as loracle.hl closed a $46.46 million short position on Hyperliquid’s HYPE token, locking in the loss after the asset’s rally. The trad
Britain’s fiscal watchdog warns borrowing will rise sharply due to escalating energy costs from the Iran conflict. The UK Office for Budget Responsibility (OBR) revised its borrowing forecasts upward, citing heightened energy price risks from the Iran war. The agency ackno
Macy's reported adjusted EPS of $0.13, beating estimates of $0.03, and raised its full-year guidance on strong Bloomingdale's performance. Macy's Inc. (NYSE:M) reported first-quarter adjusted earnings per share of $0.13, surpassing analyst estimates of $0.03. Net sales rea
Memory chipmakers surge as high-bandwidth memory demand fuels record valuations amid AI supply chain expansion. Micron Technology and SK Hynix both surpassed $1 trillion in market capitalization within a day, driven by soaring demand for high-bandwidth memory chips critica