The VanEck Morningstar Wide Moat ETF (MOAT), which invests in companies with durable competitive advantages, is down 1.3% year-to-date in 2026, underperforming the S&P 500's 9.2% gain. This underperformance is driven by its valuation discipline that avoids overpaying for stocks and the impact of rising Treasury yields on long-duration holdings. MOAT's strategy involves equal-weighting discounted wide-moat stocks and quarterly rebalancing, which can lead to higher turnover and distribution variability. While MOAT has delivered market-matching returns over the long term, it tends to lag during periods when mega-cap tech stocks surge, making it suitable as a smaller portfolio sleeve rather than a core holding.
Nexans has been selected by Red Eléctrica as the preferred supplier for the Mallorca-Menorca 3 interconnection project, a key infrastructure initiative aimed at strengthening the electricity network's security and resilience in the Balearic Islands. ...
Roche reported a 7% sales increase at constant exchange rates in Q3 2026, with a 6% rise for the first nine months, fueled by high demand for key medicines like Xolair, Hemlibra, and Ocrevus. The Pharmaceuticals Division led growth, while Diagnostics...
Ipsen reported a 24.6% sales growth at constant exchange rates for the first nine months of 2026, driven by strong performance in Oncology, Rare Disease, and Neuroscience segments. The company upgraded its full-year sales growth guidance to around 23...
Nexans has been selected by Red Eléctrica as the preferred supplier for the Mallorca-Menorca 3 interconnection project, aimed at enhancing the electricity network's security and resilience in the Balearic Islands. The project includes a six-month eng...
Nexans posted a 10.1% increase in revenue to €4.95 billion for the first nine months of 2026, driven by strong organic growth in its electrification segments PWR-Grid and PWR-Connect. The company successfully integrated Republic Wire in the US and co...
