The Fidelity MSCI Information Technology ETF (FTEC) offers broad passive exposure to nearly 300 U.S. tech stocks, maintaining appeal despite concerns about a shift to value investing. It projects a robust 28.84% earnings per share (EPS) growth next year and trades at a price-to-earnings ratio below its five-year average. While tech valuations could drop in a downturn, moderate compression combined with strong EPS growth is expected to still deliver healthy returns. This balance of risk and reward has led to a "buy" rating for FTEC, making it attractive for investors seeking quality tech sector exposure.
PayPal's CEO Enrique Lores is moving forward with a plan to operate the company independently after a proposed $50 billion sale fell through. He aims to revamp struggling parts of the business, cut billions in costs, and enhance Venmo by adding budge...
A Solana Foundation report shows stablecoins on high-speed blockchains can reduce costs and speed up global remittances, a market long burdened by high fees and slow transfers. Traditional systems charge around 6.49% on $200 transfers and take days t...
Franco-Nevada Corporation has agreed to acquire an additional A$170 million (about $122 million) royalty interest from Minerals 260 Limited, raising its total gross royalty on the Bullabulling Gold Project in Western Australia to 3.90%. The company a...
Strategy, formerly MicroStrategy, sold over $200 million in Bitcoin without causing a price drop; instead, Bitcoin rallied to around $64,000. Bitwise CIO Matt Hougan explains this shows strong buy-side demand and market saturation at current prices, ...
Uniswap has reached $71.1 billion in trading volume over the past 30 days, reinforcing its position as the top decentralized exchange (DEX). Its consistent high volumes, including $21.3 billion in the last week and nearly $2 billion in a single day, ...
