The Virtus InfraCap US Preferred Stock ETF (PFFA) is recommended as a buy, especially as a defensive investment ahead of a possible recession. It offers a high yield of around 10%, benefiting from preferred stocks' seniority and sector diversification, mainly in financials but with broad exposure to limit issuer risk. While recent performance has been weak due to rising interest rates, PFFA is expected to outperform during economic downturns when the Federal Reserve shifts its focus. Short-term underperformance may continue if rates rise further, but the ETF’s structure positions it well for recessionary periods.
An analyst initiates coverage of Amazon with a Strong Buy rating, citing strong earnings growth from AWS, AI, advertising, and logistics improvements. AWS revenue grew 37% and operating income 64% in Q2 2026, now making up 60% of Amazon's operating p...
Bitcoin Cash (BCH) traded at $278.10 on Binance on Oct. 10, down 0.61% over 24 hours, remaining below key moving averages and encountering clustered resistance above. Technical indicators show weak short-term momentum and oversold conditions, but no ...
U.S. cryptocurrency ETFs tracked by Farside Investors experienced a combined net outflow of $1.29 billion from October 5 to 9, with Bitcoin and Ethereum funds accounting for the majority of withdrawals. Bitcoin ETFs lost $678.9 million despite a smal...
Uniswap (UNI) traded around $7.45, showing signs of weakening short-term momentum as it hovered near a potential $6-$7 buy zone. The token was below several short-term moving averages but remained above its 50-day and 200-day averages, indicating mix...
After the July breach of payment service provider Triple-A, about 4,970 Ether (ETH), worth roughly $12.4 million, was moved into the Tornado Cash mixing service on October 9. The stolen funds were consolidated into a single wallet before being split ...
