The products have struggled to attract inflows in their first few months on the market, but have seen higher trading volume around earnings.
Venture capitalists are betting on a part of China’s chip industry safe from U.S. bans
China is so far behind the U.S. in semiconductor technology that some investors are betting on startups to fill that gap.
American companies increasingly look outside of China after Covid
Nearly twice as many U.S. companies cut their investment in China versus last year, the American Chamber of Commerce in Shanghai found in its latest survey.
Stocks making the biggest moves after hours: Amazon, Apple, Pinterest, Intel and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Meta Platforms, ServiceNow, Teladoc, Credit Suisse & more
Thursday’s biggest movers include Meta Platforms, McDonald’s, Sleep Number & more.
U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive
Gross domestic product was expected to grow at a 2.3% annualized pace in the third quarter, according to Dow Jones.
Watch Christine Lagarde speak after the ECB hikes rates once again
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
Fintech firm Upgrade offers top U.S. savings rate of 3.5% as competition for deposits heats up
Banks, card issuers and fintech firms are raising APYs on savings accounts as competition for deposits heats up.
Stocks making the biggest moves premarket: Meta, Ford, Honeywell, Caterpillar & more
A slew of stocks were moving in the premarket on the back of earnings, including Meta Platforms.
Credit Suisse posts huge third-quarter loss as it announces major strategic overhaul
Credit Suisse has posted a quarterly loss that is significantly worse than analyst estimates, as it announced a massive strategic overhaul.