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Moving Up the AI Stack: Where the Next Trillions Could Accrue

A day in AI now feels like a year in any other industry. Model releases, software breakthroughs, and hardware improvements are compressing multi-year cycles for any other industry into weeks. Over just the past few mont…

XLF, CBXO: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Financial Select Sector SPDR Fund, where 37,500,000 units were destroyed, or a 3…

Soybeans Facing Modest Pressure on Friday Morning

Soybeans are trading with Friday morning losses of 3 to 4 cents. Futures closed the Thursday session mixed, with contracts down 1 ½ to 2 ½ cents lower across the board. Open interest slipped 4,638 contracts on Thursday.…

Hyundai considers Georgia Metaplant expansion to 800,000 units

Hyundai Motor is considering expanding production capacity at its Georgia assembly plant from 500,000 vehicles annually to between 700,000 and 800,000 units by 2028, CEO José Muñoz told CNBC on Thursday. The South Korea…

Ubiquiti earnings beat by $0.25, revenue topped estimates

Extreme Networks (EXTR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted f…