A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI & Technology ETF (CHAT) less than 20 days ago. It’s the first-ever exchange-traded fund designed to track companies involved in generative AI and other related technologies. “These companies, we believe, …
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Pixdeluxe | E+ | Getty Images The three-year clock started the day after they received the funds — meaning the deadline for many people is fast approaching. “I’d think the majority of the distributions were taken right around this time through the end of [2020],” said Sean Deviney, a certified …
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Rep. Patrick McHenry, a Republican of North Carolina and ranking member of the House Financial Services Committee, speaks during a hearing in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Republican lawmakers released a draft bill on Friday that would provide crypto assets and exchanges a clearer regulatory plan, …
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A boarded up T-Mobile location in New York, after looting occurred the previous night, June 2, 2020. Dan Magan | CNBC Check out the companies making headlines in midday trading. Lululemon — The athleisure apparel company rallied 12% on strong fiscal first-quarter earnings results. The company posted a top- and …
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With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS is no stranger to blockbuster mergers. The modern company is comprised of over 370 legacy firms, including former domestic rivals. Amid major wars, Switzerland has remained stable and neutral, becoming a safe …
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A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022. Olivier Douliery | AFP | Getty Images The U.S. payrolls report for May blew past expectations, supported by strong jobs gains in the professional and business services sector — as well as a jump in government employment. …
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A view of a Canadian athletic apparel retailer Lululemon logo seen at one of their stores. Alex Tai | LightRocket | Getty Images Check out the companies making headlines in early morning trading. MongoDB — The data developer platform stock surged 27% after the company issued a strong forecast for the …
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A Li Auto store inside a shopping mall in Yantai, Shandong province on May 6, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus a year ago. For a third-straight …
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A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Check out the companies making headlines after the bell: Lululemon — Lululemon’s stock popped 12% after the athletics apparel retailer posted better-than-expected fiscal first quarter earnings and lifted its full-year …
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A sign is posted in front of a Dollar General store on March 17, 2022 in Vallejo, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday: Dollar General — Shares sank nearly 20% after the company reported an earnings and revenue miss for the …
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