Harbor Capital Advisors introduced the Harbor Active Commodity ETF (ACOM) on June 16, offering active management focused on commodities expected to outperform due to inflation sensitivity and supply-demand factors. The fund uses quantitative models to select commodities with high inflation pass-through and targets those in backwardation to optimize returns. This launch complements Harbor's existing inflation-hedging ETF, HGER, which has seen strong performance and inflows this year. With commodity markets experiencing volatility from geopolitical and weather factors, ACOM aims to provide investors with dynamic exposure to manage risks in real time.
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
