Covered call ETFs have become highly popular in the United States because of their high dividends and regular payments. The JPMorgan Equity Premium Income ETF (JEPI) has accumulated over $37 billion in assets, and its inflows are soaring. So, let us look at what covered call ETFs are and identify…
The FTSE 100 index surged to a record high of 8,480.57 points in early trading, surpassing its previous peak of 8,474 points set in May 2024. A three-day rally, bolstered by unexpectedly low UK inflation figures and optimism surrounding potential interest rate cuts, has invigorated London’s stock market. This morning’s…
Ubisoft Entertainment has delayed the launch of its much-anticipated title “Assassin’s Creed Shadows” and has “appointed advisors to review strategic options to extract the best value for stakeholders.” While the video game maker is yet to offer more colour on its exact plans – the aforementioned developments are being broadly…
The latest SpaceX Starship prototype test ended in failure, with the rocket breaking apart minutes after launch from Texas on Thursday. The mishap marks a significant setback for Elon Musk’s ambitious plans to revolutionise space travel. While test flights are an essential part of developing cutting-edge technology, this incident has…
Target stock price continued to underperform the retail sector in the past few years as its growth trajectory waned and competition rose. TGT peaked at $245 in 2021 and then crashed by over 45% to the current $133. So, what next for Target shares in 2025? Target growth trajectory has…
The US Treasury’s cybersecurity vulnerabilities have taken centre stage after revelations of a breach by Chinese hackers. Among those raising eyebrows is Tesla CEO Elon Musk, who publicly questioned Treasury Secretary Janet Yellen’s cyber hygiene with a satirical remark about Bitcoin scams. Elon Musk@elonmusk·FollowMaybe she clicked on the “send me…
Morgan Stanley expects a bunch of US companies to benefit if a federal ban on TikTok goes into effect on Sunday. There have been reports that the renowned social platform for sharing short videos plans on drawing the curtains on its app in the United States on January 19th. Following…
The International Monetary Fund (IMF) has suggested that European Union (EU) companies could enhance their competitiveness against their US and Chinese counterparts by reducing their energy costs. This reduction could be achieved through governmental cooperation in investing and integrating the EU’s currently fragmented energy market. The IMF’s recommendation comes at…
Hindenburg Research, the prominent US-based short-selling firm known for targeting high-profile companies such as the Adani Group, is set to be disbanded, according to its founder, Nate Anderson. In a statement published on the firm’s website, Anderson said, “I have made the decision to disband Hindenburg Research. The plan has…
South Korea’s economy is deteriorating, squeezed by political instability and a weakening currency. The won has lost over 12% of its value against the dollar in 2024, making it Asia’s worst-performing currency. This sharp decline has driven up import costs, fueled inflation, and left policymakers balancing the need for economic…