The Alerian MLP ETF (AMLP) focuses on US midstream MLPs, emphasizing high-yield dividends and benefiting from positive sector trends. Its top six holdings make up about 72% of the ETF, which increases concentration risk but simplifies dividend collection for investors. Companies underlying AMLP have raised EBITDA guidance, suggesting potential acceleration in dividend growth if current sector momentum continues. The ETF's fair value is estimated at $57 per share, with most returns expected from its 7.5% dividend yield rather than price gains.
Trade tensions between the US and Canada escalated sharply after President Trump imposed 50% tariffs on $28 billion worth of Canadian goods, targeting industries like dairy, alcohol, automotive, and a wide range of specific products including hockey ...
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, reduced the company's investment in Bank of America by $1.7 billion. At the same time, he increased the stake in Delta Air Lines by $1.6 billion. This shift in portfolio allocation highligh...
The Amplify CWP International Enhanced Dividend Income ETF (IDVO) has outperformed its US counterpart, the Amplify CWP Enhanced Dividend Income ETF (DIVO), in 2023 by about 5 percentage points year-to-date and nearly 10 points over the past year. Bot...
Shiba Inu (SHIB) fell 16.13% to $0.0000052 after a recent surge, pressured by intense selling amid global market uncertainties and tariff tensions. Trading volume dropped 63%, signaling a market cooldown, with heavy sell volumes on both spot and deri...
Alibaba has initiated a HK$80 billion ($10.2 billion) share placement, the largest primary follow-on offering ever by a Hong Kong-listed company, to finance its artificial intelligence (AI) development. The company plans to invest all net proceeds in...
