Latest news with #VanEckSemiconductorETF
CNBC
a day ago
- Business
- CNBC
Stocks making the biggest moves midday: GXO Logistics, CarMax, Nvidia, Circle & more
Check out the companies making the biggest moves midday: GXO Logistics — The stock popped more than 11% after the supply chain and warehousing management firm raised its full-year earnings outlook. The company now sees EBITDA between $860 million and $880 million. GXO also appointed Patrick Kelleher as CEO, effective Aug. 19. CarMax — Shares jumped 6% after CarMax reported first-quarter results that exceeded analyst expectations. The car retailer earned $1.38 per share on revenue of $7.55 billion. Analysts polled by LSEG expected a profit of $1.16 per share on revenue of $7.52 billion. GMS — The specialty building products stock jumped 26% as a bidding war for GMS has reportedly developed between QXO and Home Depot . QXO said late Wednesday that it was offering $95.20 per share for QXO, while the Wall Street Journal reported Friday that Home Depot had also made an offer privately. Semiconductor stocks — Chipmakers were under pressure after The Wall Street Journal reported, citing sources, that the U.S. wanted to revoke waivers used by major semiconductor names to access American technology in China. Nvidia shed nearly 1%, while KLA lost 2%. The VanEck Semiconductor ETF (SMH) dipped around 1%. Jack in the Box — The fast food stock lost 1% after a Stifel downgrade to hold from buy. The firm said the Trump's administration's immigration policies are a headwind for Jack in the Box . Accenture — Shares fell almost 7% after a 6% quarterly drop in new bookings overshadowed fiscal third-quarter earnings and revenue that topped analyst estimates. Circle — The stock continued to climb on Friday, gaining 18%, as investors cheered the Senate approval of its proposed stablecoin legislation , the GENIUS Act. For the week, shares are up 70%. Kroger — The grocery store chain rallied 9% on better-than-expected first-quarter earnings. The company posted a profit of $1.49 per share, excluding certain items. Analysts polled by LSEG expected earnings of $1.46 per share. Kroger also reiterated its full-year earnings guidance. Regencell Bioscience — Shares dropped more than 42%, continuing Regencell's volatile moves this week after a 38-for-1 split took effect. It jumped more than 280% on Monday and 30% on Tuesday — before falling more than 18% Wednesday. — CNBC's Brian Evans contributed reporting.
Yahoo
5 days ago
- Business
- Yahoo
VanEck Partners with Casa de Bolsa Finamex to Strengthen ETF Access in Mexico
VanEck partnership with Casa de Bolsa Finamex enhances ETF liquidity and investor access in Mexico, and underscores VanEck's commitment to education, infrastructure and long-term growth in Latin America. NEW YORK & MEXICO CITY, June 16, 2025--(BUSINESS WIRE)--Global asset manager VanEck today announced a strategic partnership with Finamex Casa de Bolsa, one of Mexico's leading brokerage firms, for Casa de Bolsa Finamex to act as the official liquidity provider for several VanEck ETFs cross-listed on the Bolsa Mexicana de Valores (BMV). This collaboration advances VanEck's mission to expand access in Latin America to high-quality global investment strategies, while supporting the development of local ETF markets. Key to this initiative is the firm's ongoing focus on education, infrastructure and long-term engagement with financial professionals and investors. Mexican investors have long sought greater access to global exposures—particularly U.S. and thematic strategies—but have faced challenges such as limited liquidity, wide spreads and inconsistent execution when investing through local exchanges. By partnering with Case de Bolsa Finamex, VanEck aims to improve the day-to-day trading experience, ensuring that its ETFs on the BMV are more accessible, transparent and efficient for all investors. The initial lineup of supported ETFs includes: VanEck Semiconductor ETF (SMH) – Exposure to the world's leading semiconductor companies driving innovation in AI, 5G, and automation. VanEck Gold Miners ETF (GDX) – Access to a diversified portfolio of global gold mining equities. VanEck Defense UCITS ETF (DFNS) – A European-domiciled ETF focused on the evolution of modern defense, cybersecurity, and data-driven systems. VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV) – Targeting global dividend-paying companies with strong fundamentals and yield profiles. "Our goal is to create real, lasting value for investors in Mexico and across the region," said Jan van Eck, CEO of VanEck. "That means more than listing products. It requires removing friction, deepening liquidity and building investor confidence through education, partnerships and local expertise." The partnership with Finamex is part of VanEck's broader strategy to support the responsible growth of local capital markets across Latin America. By pairing global investment expertise with local liquidity solutions, financial education and market-specific support, VanEck is deepening its role as a long-term resource for investors, advisors and institutions across the region. To learn more about VanEck's ETF offerings in Mexico, visit: About VanEck VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm's drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry. Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of 4/30/2025, VanEck managed approximately $116.6 billion in assets, including mutual funds, ETFs and institutional accounts. The firm's capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck's passive strategies. Since our founding in 1955, putting our clients' interests first, in all market environments, has been at the heart of the firm's mission. Disclosures This content is intended for educational/informational purposes only. Please note that the availability of the products mentioned may vary by country, and it is recommended to check with your local stock exchange. This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees. UCITS Disclosures The information contained in this communication is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, including shares of any UCITS fund, to any person in the United States or any U.S. person as defined under Regulation S of the Securities Act of 1933, as amended. The UCITS funds referenced herein are not registered under the U.S. Investment Company Act of 1940 and their shares are not registered under the U.S. Securities Act of 1933. These funds are not offered or sold to U.S. persons and are intended exclusively for non-U.S. residents investing through U.S.-based offshore accounts or platforms, in accordance with applicable regulations. Investing in UCITS funds involves risk, including possible loss of capital. Financial professionals are encouraged to ensure that any offering is made in compliance with the laws and regulations of the relevant jurisdiction(s). Investors should consult their financial and legal advisors to determine whether an investment is suitable for their circumstances. It is the responsibility of the offshore desk to ensure compliance with all applicable laws and regulations. The UCITS provider assumes no liability for non-compliant transactions executed by the offshore desk. General VanEck ETF and Mutual Fund Risks The principal risks of investing in VanEck ETFs and mutual funds include, but are not limited to, sector, market, economic, political, foreign currency, world event, index tracking, active management, social media analytics, derivatives, blockchain, commodities and non-diversification risks, as well as fluctuations in net asset value and the risks associated with investing in less developed capital markets. VanEck ETFs may also be subject to authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount risk and liquidity of fund shares risks. VanEck ETFs or mutual funds may loan their securities, which may subject them to additional credit and counterparty risk. ETFs or mutual funds that invest in high-yield securities are subject to subject to risks associated with investing in high-yield securities; which include a greater risk of loss of income and principal than funds holding higher-rated securities; concentration risk; credit risk; hedging risk; interest rate risk; and short sale risk. ETFs or mutual funds that invest in companies with small capitalizations are subject to elevated risks, which include, among others, greater volatility, lower trading volume and less liquidity than larger companies. Please see the prospectus of each Fund for more complete information regarding each Fund's specific risks. Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit Please read the prospectus and summary prospectus carefully before investing. © Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation666 Third Avenue, New York, NY 10017Phone: 800.826.2333Email: info@ View source version on Contacts Media Contact Chris SullivanCraft & Capitalchris@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
5 days ago
- Business
- Business Wire
VanEck Partners with Casa de Bolsa Finamex to Strengthen ETF Access in Mexico
NEW YORK & MEXICO CITY--(BUSINESS WIRE)--Global asset manager VanEck today announced a strategic partnership with Finamex Casa de Bolsa, one of Mexico's leading brokerage firms, for Casa de Bolsa Finamex to act as the official liquidity provider for several VanEck ETFs cross-listed on the Bolsa Mexicana de Valores (BMV). This collaboration advances VanEck's mission to expand access in Latin America to high-quality global investment strategies, while supporting the development of local ETF markets. Key to this initiative is the firm's ongoing focus on education, infrastructure and long-term engagement with financial professionals and investors. Mexican investors have long sought greater access to global exposures—particularly U.S. and thematic strategies—but have faced challenges such as limited liquidity, wide spreads and inconsistent execution when investing through local exchanges. By partnering with Case de Bolsa Finamex, VanEck aims to improve the day-to-day trading experience, ensuring that its ETFs on the BMV are more accessible, transparent and efficient for all investors. The initial lineup of supported ETFs includes: VanEck Semiconductor ETF (SMH) – Exposure to the world's leading semiconductor companies driving innovation in AI, 5G, and automation. VanEck Gold Miners ETF (GDX) – Access to a diversified portfolio of global gold mining equities. VanEck Defense UCITS ETF (DFNS) – A European-domiciled ETF focused on the evolution of modern defense, cybersecurity, and data-driven systems. VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV) – Targeting global dividend-paying companies with strong fundamentals and yield profiles. 'Our goal is to create real, lasting value for investors in Mexico and across the region,' said Jan van Eck, CEO of VanEck. 'That means more than listing products. It requires removing friction, deepening liquidity and building investor confidence through education, partnerships and local expertise.' The partnership with Finamex is part of VanEck's broader strategy to support the responsible growth of local capital markets across Latin America. By pairing global investment expertise with local liquidity solutions, financial education and market-specific support, VanEck is deepening its role as a long-term resource for investors, advisors and institutions across the region. To learn more about VanEck's ETF offerings in Mexico, visit: About VanEck VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm's drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry. Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of 4/30/2025, VanEck managed approximately $116.6 billion in assets, including mutual funds, ETFs and institutional accounts. The firm's capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck's passive strategies. Since our founding in 1955, putting our clients' interests first, in all market environments, has been at the heart of the firm's mission. Disclosures This content is intended for educational/informational purposes only. Please note that the availability of the products mentioned may vary by country, and it is recommended to check with your local stock exchange. This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees. UCITS Disclosures The information contained in this communication is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, including shares of any UCITS fund, to any person in the United States or any U.S. person as defined under Regulation S of the Securities Act of 1933, as amended. The UCITS funds referenced herein are not registered under the U.S. Investment Company Act of 1940 and their shares are not registered under the U.S. Securities Act of 1933. These funds are not offered or sold to U.S. persons and are intended exclusively for non-U.S. residents investing through U.S.-based offshore accounts or platforms, in accordance with applicable regulations. Investing in UCITS funds involves risk, including possible loss of capital. Financial professionals are encouraged to ensure that any offering is made in compliance with the laws and regulations of the relevant jurisdiction(s). Investors should consult their financial and legal advisors to determine whether an investment is suitable for their circumstances. It is the responsibility of the offshore desk to ensure compliance with all applicable laws and regulations. The UCITS provider assumes no liability for non-compliant transactions executed by the offshore desk. General VanEck ETF and Mutual Fund Risks The principal risks of investing in VanEck ETFs and mutual funds include, but are not limited to, sector, market, economic, political, foreign currency, world event, index tracking, active management, social media analytics, derivatives, blockchain, commodities and non-diversification risks, as well as fluctuations in net asset value and the risks associated with investing in less developed capital markets. VanEck ETFs may also be subject to authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount risk and liquidity of fund shares risks. VanEck ETFs or mutual funds may loan their securities, which may subject them to additional credit and counterparty risk. ETFs or mutual funds that invest in high-yield securities are subject to subject to risks associated with investing in high-yield securities; which include a greater risk of loss of income and principal than funds holding higher-rated securities; concentration risk; credit risk; hedging risk; interest rate risk; and short sale risk. ETFs or mutual funds that invest in companies with small capitalizations are subject to elevated risks, which include, among others, greater volatility, lower trading volume and less liquidity than larger companies. Please see the prospectus of each Fund for more complete information regarding each Fund's specific risks. Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit Please read the prospectus and summary prospectus carefully before investing. © Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation 666 Third Avenue, New York, NY 10017 Phone: 800.826.2333 Email:
Yahoo
06-06-2025
- Business
- Yahoo
Broadcom Slips After Earnings Beat, Drags Down Tech ETFs
Shares of Broadcom Inc. (AVGO) fell on Friday, underperforming the broader semiconductor industry and stock market despite reporting stronger-than-expected earnings after the bell on Thursday. The stock dropped as much as 4.5% during the session, giving back some of its recent gains. While Broadcom beat revenue expectations for its fiscal second quarter, the results failed to dazzle investors who had bid up the stock to record highs in the lead-up to the report. The company reported $15 billion in revenue for the quarter, up 20% from a year ago and slightly above the $14.96 billion consensus estimate. It also guided for $15.8 billion in revenue for the current quarter, just a hair ahead of the $15.7 billion analysts were expecting. In other words, the results were solid, but not spectacular. And after a 78% rally off the April lows, expectations were sky-high. The stock closed at a record on Wednesday, so some profit-taking was to be expected. Broadcom has been a major beneficiary of the artificial intelligence boom. The company designs networking products that help connect AI chips inside data centers. It also works with major tech firms like Alphabet Inc. (GOOGL) and Meta Platforms Inc. (META) to design custom AI chips, giving them an alternative to Nvidia Corp.'s (NVDA) market-dominating GPUs. That exposure to AI has helped push Broadcom's market cap north of $1 trillion, making it one of the most influential stocks in major indexes and ETFs. Broadcom is currently the sixth-largest holding in the SPDR S&P 500 ETF Trust (SPY), with a weight of 2.4%. It's the fifth-largest holding in the Invesco QQQ Trust (QQQ), at 5%. It also has heavy representation in semiconductor-focused funds, making up 10.2% of the VanEck Semiconductor ETF (SMH) and 10.1% of the iShares Semiconductor ETF (SOXX). Investors looking for a more aggressive play on the stock have also been using the Defiance Daily Target 2X Long AVGO ETF (AVGX), which offers 2x leveraged exposure to Broadcom. That fund currently has $93 million in assets under management. Despite Friday's dip, Broadcom remains a key AI bellwether and a major driver of performance for many popular | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-06-2025
- Business
- Yahoo
Nvidia (NVDA) Tops Microsoft, Becomes World's Most Valuable Company Again
Nvidia (NVDA, Financials) reclaimed its position as the world's most valuable publicly traded company on Tuesday, overtaking Microsoft (MSFT, Financials) after its shares climbed 3% to $141.40. The gain lifted Nvidia's market capitalization to $3.45 trillion, narrowly edging past Microsoft's $3.44 trillion. The last time Nvidia held the top spot was on Jan. 24, and it has rotated frequently with Microsoft and Apple over the past year. Warning! GuruFocus has detected 4 Warning Signs with NVDA. The surge extends a nearly 24% rally over the past month, as investors continue to bet on Nvidia's dominance in artificial intelligence hardware. The company's chips are critical components for powering advanced AI systems, with customers purchasing Nvidia's accelerators to build large-scale computing clusters. Last week, Nvidia reported first-quarter revenue of $44.06 billion and adjusted earnings of 96 cents per share, marking 69% year-over-year growth. CEO Jensen Huang recently introduced Nvidia's upcoming Vera Rubin chips at Lawrence Berkeley National Lab, which will power future U.S. supercomputers. The company, originally founded in 1993 to develop graphics chips for gaming, has since transformed into the central supplier for AI infrastructure as its parallel processing architecture proved ideal for training large language models like ChatGPT. Nvidia's gains also lifted the semiconductor sector, with Broadcom (AVGO, Financials) rising 3%, Micron Technology (MU, Financials) gaining 4%, and the VanEck Semiconductor ETF advancing 2%. Investors will be watching for potential supply chain bottlenecks, additional export restrictions, and signs of continued AI-driven capital expenditure by major tech players. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
