Fidelity has expanded its active ETF offerings by launching four new systematic 'Beta-Plus' funds focused on mid and small-cap growth and value segments. These ETFs use quantitative, rules-based models designed to outperform standard indexes with low tracking error, providing a low-cost, low-risk alternative to traditional active management. This expansion complements Fidelity's existing successful active ETFs and offers advisors flexible options to fill out the style box with enhanced, research-driven strategies. The move strengthens Fidelity's position in the growing active ETF market by blending quantitative rigor with active management benefits.
Micron Technology CEO Sanjay Mehrotra sold nearly $36 million worth of company stock last week, offloading 37,439 shares at an average price of $960.38 each. This sale was part of a pre-arranged trading plan and reduces his direct holdings by about 8...
The global mobile forensics market is projected to grow from $5.72 billion in 2026 to $9.99 billion by 2031, at an 11.8% CAGR. Growth is fueled by increasing mobile ecosystem complexity, widespread use of encrypted apps, and demand for integrated for...
Costco's stock increased by about 2% following strong May sales results, with net sales up 14.5% year-over-year to $24.01 billion. U.S. comparable sales rose 13.7%, and digitally enabled sales jumped 21.1%, highlighting the company's growing e-commer...
Space stocks are sharply down this week, with Redwire, Momentus, and Rocket Lab falling over 20% due to SpaceX's reduced IPO valuation and a failed short squeeze on Virgin Galactic. SpaceX set its IPO price at $135 per share, valuing the company at $...
Global Clean Energy, Inc. has launched ResilientIQ™, an AI platform designed to improve emergency management by providing faster, cited operational guidance. The platform is now moving from development to commercial engagement with active demonstrati...
