FOMO Grips China Stock Buyers on ‘Epic’ Trading Day Before Break (3 min read)

This article discusses the recent surge in the Chinese stock market, which has been up for over a week consecutively, driven by a stimulus package that has sparked widespread excitement among investors. Many believe this marks the second phase of a bull market, while others remain cautious, mindful of past false starts. The frenzy has pushed trading to record highs, but experts are divided on whether this momentum will last or fade like previous rallies.

Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’ (3 min read)

Fed Chair Jerome Powell signaled that future interest rate cuts will likely be smaller after the recent half-point reduction, indicating a more cautious approach moving forward. He emphasized that decisions will depend on economic data, with two potential quarter-point cuts expected this year if conditions remain stable. While inflation is cooling, Powell noted that the Fed is focused on balancing inflation control with maintaining a strong labor market.

Those calling Intel a company in decline are missing the point entirely—it’s now a corporate actor on the geopolitical stage (3 min read)

This article discusses Intel’s attempt to regain its leadership in the semiconductor industry, a key sector for both US and Chinese national security. Under CEO Pat Gelsinger, Intel is making big investments to catch up, backed by government subsidies through the CHIPS Act. The story highlights Intel’s strategic importance and the potential global impact of its success or failure as it competes with rivals like Taiwan’s TSMC and Samsung amid rising geopolitical tensions.

Constellation Energy stock could double on Microsoft deal (2 min read)

Constellation Energy has signed a major deal to provide Microsoft with clean energy for its cloud and AI data centers, potentially leading to the reopening of the Three Mile Island nuclear plant. Since the deal was announced on Sept 20, Constellation's stock has surged over 20%, reflecting strong investor optimism. Microsoft could pay a premium for the energy and if the plan succeeds, it could transform the energy sector and push Constellation's stock even higher, despite some regulatory hurdles.

U.S. ETF Assets Reach $10 Trillion Milestone (2 min read)

The US ETF industry hit a major milestone last week, surpassing $10 trillion in assets for the first time. Newer strategies like active equity, crypto, and derivatives-based ETFs have also gained traction in 2024, pushing product development to record levels. With strong flows into popular ETFs and innovative offerings, the industry is experiencing rapid growth, reflecting its impact on modern investing.

The $6.3 Trillion Money-Market Industry Just Got Its First ETF (2 min read)

The Texas Capital Government Money Market ETF (MMKT) is launching as the first ETF to follow SEC Rule 2a-7, typically governing traditional money-market funds. Unlike these funds, MMKT doesn’t maintain a stable $1 value but offers more liquidity, targeting investors seeking flexibility and higher yields. With $6.3 trillion in money-market funds, this ETF aims to carve out its own space in the market.

Most investors mull portfolio changes ahead of US election, UBS survey shows (2 min read)

A UBS survey reveals that most wealthy investors are considering portfolio changes ahead of the US presidential election, with the economy as their top concern. Investors are split on whether Donald Trump or Kamala Harris would better handle the economy, with different sectors like defense favoring Trump, and renewable energy benefiting from Harris’s policies. However, UBS advises avoiding drastic changes as the market performance has historically been similar regardless of the election outcome.

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