Latest news with #VanEckSemiconductorETF
CNBC
07-08-2025
- Business
- CNBC
This semiconductor play with a solid dividend ‘gets no respect' but could be due for upside
A chip company that has sat out the artificial intelligence rally still has growth potential – and it has a solid history of making dividend payments to shareholders. Qualcomm shares are down 5% in 2025, a stark contrast to a nearly 20% surge for the VanEck Semiconductor ETF (SMH) . QCOM YTD mountain Qualcomm in 2025 Just Thursday, the stock slid close to 8% after the company posted fiscal third-quarter beats on the top and bottom lines, posting adjusted earnings of $2.77 per share on revenue of $10.37 billion. Analysts polled by LSEG sought $2.71 per share and revenue of $10.35 billion. The company also issued stronger-than-anticipated guidance for the current quarter. Nevertheless, investors – and several analysts – appeared to turn their attention toward Qualcomm's shifting business mix, as the company provides modems to Apple and it expects to lose the iPhone maker as a client for that business in the approaching years. "We understand why the company gets no respect at the moment, but believe there is time to at least do some work on the name," wrote Bernstein analyst Stacy Rasgon in a July 31 report. He rates the stock a buy and has a price target of $185, suggesting about 27% upside from Wednesday's close. Diversification concerns Qualcomm sells smartphone chips under its Snapdragon name, and Samsung uses these processors in its latest Galaxy S devices . Revenue from the company's handsets business came in at $6.33 billion, falling short of the $6.44 billion FactSet consensus. But the company has sought to diversify beyond this offering – as well as its relationship with Apple. For starters, the company's Snapdragon chips are powering Meta Platforms' smart glasses . Qualcomm is also set on growing its footprint in data centers and artificial intelligence. Data centers represent "a new growth opportunity for Qualcomm and [are] a logical extension of our diversification strategy as we continue to demonstrate leadership in CPU performance and NPU efficiency," said Cristiano Amon, Qualcomm CEO in a July 30 analyst call. He was referring to neural processing units, a specialized chip for artificial intelligence. In May, Qualcomm signed a memorandum of understanding with Saudi Arabian artificial intelligence firm Humain to develop data centers. Qualcomm has also reached an agreement to acquire semiconductor player Alphawave IP Group. The deal is expected to close in the first calendar quarter of 2026. Amon noted on the earnings call that Qualcomm is "engaged with multiple potential customers and are currently in advanced discussions with a leading hyperscaler" as the company expands its data center strategy. "If successful, we expect revenues to begin in the fiscal 2028 timeframe," he said. Analysts welcome the push into data centers but acknowledge that investors will need to be patient. "Qualcomm is still in early stages and revenues might ramp only in 2028, but management noted advanced discussions with a leading hyperscaler," Bank of America analyst Tal Liani said in a July 31 report. He stuck with his buy rating and price target of $200, which suggests 37% upside from Wednesday's close. Getting paid to wait? For income investors who are willing to take the ride, there's a reward in the form of Qualcomm's history as a dividend payer. The stock has a current dividend yield of 2.4%. The company has been steadily growing its dividend payments over the past two decades. In this fiscal third quarter , Qualcomm returned $3.8 billion to shareholders, including $967 million of dividends paid and $2.8 billion in share repurchases. Investors who bought Qualcomm 20 years ago and reinvested their dividends into the stock would have seen a total return of more than 480%, compared to the price return of over 270%, according to FactSet. While investors can decide to set up a dividend reinvesting program to build out their position in a stock like Qualcomm – which would assure that they buy shares at regular intervals regardless of the price – they will want to be selective about committing to a particular name. In that case, a dividend-paying ETF, like the Vanguard Dividend Appreciation ETF (VIG) or ProShares S & P 500 Dividend Aristocrats ETF (NOBL) offers diversification across a basket of stocks and sectors.
CNBC
16-07-2025
- Business
- CNBC
Despite Trump's tariffs, U.S. stocks with high international sales are beating domestic-focused names
Even with President Donald Trump's tariffs, the U.S. stocks with the highest international sales are actually besting domestic-focused names. Indeed, a recent analysis from Goldman Sachs found that the 50 S & P 500 stocks with the greatest overseas footprint outperformed the 50 S & P 500 stocks with the least exposure by 7 percentage points in 2025. International facing stocks advanced 11% from the start of the year, while U.S.-focused names rose just 4%. A big part of that story is the U.S. dollar, which dropped more than 10% through June in its worst first half going back to 1973. A weakening dollar means, among other things, that U.S. consumers and companies are paying more for imported goods. For multinationals, however, a softening greenback makes it easier to sell American goods to other countries. "That's where the real push comes from," said Art Hogan, chief market strategist at B. Riley Wealth Management. "For a long time, the strong dollar had been a headwind. That has become a tailwind this year, and it's going to start to show up when we hear earnings reports." For stock pickers, that will continue to have strong implications for companies that derive much of their revenue from overseas, namely technology. While roughly 28% of the $17 trillion in revenue S & P 500 companies generated in 2024 came from international sales, the information technology sector derives more than half its sales from foreign markets, at 56%. Semiconductors as a group have outperformed, with the VanEck Semiconductor ETF (SMH) rallying more than 19% in 2025, even as the S & P 500 has gained just 6%. Monolithic Power Systems , which derives 97% of its revenue from overseas, is up more than 20% this year. Lam Research , with 93% of international sales, is up roughly 40%. Of course, that's not just the weakening dollar, but also the strength of the artificial intelligence story, where demand has remained robust regardless of macroeconomic challenges. Automation providers have benefited from exposure to the AI story. Early in June, Emerson Electric chief operating officer Ram Krishnan reassured analysts on the company's earnings call that the tariffs are having having minimal impact on demand. "We still have a pretty robust capital funnel," Krishnan said according to a FactSet transcript of the call. "It hasn't been impacted by tariffs and we continue to see these projects progressing and, hence the confidence that – as we laid out in our earnings call – the orders momentum is strong." Shares of Emerson, which has roughly 60% exposure overseas, has rallied 13% this year. EMR YTD mountain Emerson Electric, year to date Other companies have also benefited from the weakening dollar. McDonald's , for example, reaffirmed its full year 2025 financial targets, with CFO Ian Borden saying in the recent earnings call that foreign currency translation will be a tailwind for 2025 earnings. To be sure, part of the reason for the outperformance is that many investors have started to discount any tariff threats from Trump, who has repeatedly walked back or delayed his most severe tariff policies. That worries some traders who fear the stock market is getting complacent in the face of repeated bad news. Estee Lauder CFO Akhil Shrivastava said in the company's most recent earnings call that he does not expect tariffs will have a material impact on fiscal 2025 profitability. However, without a clear resolution to trade negotiations, he said he expects a high tariff rate could have a "material impact" for fiscal 2026.
Yahoo
10-07-2025
- Business
- Yahoo
Tech ETFs Hit New Highs as NVIDIA Powers Market Rally
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Technology Select Sector SPDR ETF (XLK): ETF Research Reports VanEck Semiconductor ETF (SMH): ETF Research Reports ARK Innovation ETF (ARKK): ETF Research Reports iShares U.S. Technology ETF (IYW): ETF Research Reports Vanguard Information Technology ETF (VGT): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
CNBC
20-06-2025
- Business
- CNBC
Stocks making the biggest moves midday: GXO Logistics, CarMax, Nvidia, Circle & more
Check out the companies making the biggest moves midday: GXO Logistics — The stock popped more than 11% after the supply chain and warehousing management firm raised its full-year earnings outlook. The company now sees EBITDA between $860 million and $880 million. GXO also appointed Patrick Kelleher as CEO, effective Aug. 19. CarMax — Shares jumped 6% after CarMax reported first-quarter results that exceeded analyst expectations. The car retailer earned $1.38 per share on revenue of $7.55 billion. Analysts polled by LSEG expected a profit of $1.16 per share on revenue of $7.52 billion. GMS — The specialty building products stock jumped 26% as a bidding war for GMS has reportedly developed between QXO and Home Depot . QXO said late Wednesday that it was offering $95.20 per share for QXO, while the Wall Street Journal reported Friday that Home Depot had also made an offer privately. Semiconductor stocks — Chipmakers were under pressure after The Wall Street Journal reported, citing sources, that the U.S. wanted to revoke waivers used by major semiconductor names to access American technology in China. Nvidia shed nearly 1%, while KLA lost 2%. The VanEck Semiconductor ETF (SMH) dipped around 1%. Jack in the Box — The fast food stock lost 1% after a Stifel downgrade to hold from buy. The firm said the Trump's administration's immigration policies are a headwind for Jack in the Box . Accenture — Shares fell almost 7% after a 6% quarterly drop in new bookings overshadowed fiscal third-quarter earnings and revenue that topped analyst estimates. Circle — The stock continued to climb on Friday, gaining 18%, as investors cheered the Senate approval of its proposed stablecoin legislation , the GENIUS Act. For the week, shares are up 70%. Kroger — The grocery store chain rallied 9% on better-than-expected first-quarter earnings. The company posted a profit of $1.49 per share, excluding certain items. Analysts polled by LSEG expected earnings of $1.46 per share. Kroger also reiterated its full-year earnings guidance. Regencell Bioscience — Shares dropped more than 42%, continuing Regencell's volatile moves this week after a 38-for-1 split took effect. It jumped more than 280% on Monday and 30% on Tuesday — before falling more than 18% Wednesday. — CNBC's Brian Evans contributed reporting.
Yahoo
16-06-2025
- Business
- Yahoo
VanEck Partners with Casa de Bolsa Finamex to Strengthen ETF Access in Mexico
VanEck partnership with Casa de Bolsa Finamex enhances ETF liquidity and investor access in Mexico, and underscores VanEck's commitment to education, infrastructure and long-term growth in Latin America. NEW YORK & MEXICO CITY, June 16, 2025--(BUSINESS WIRE)--Global asset manager VanEck today announced a strategic partnership with Finamex Casa de Bolsa, one of Mexico's leading brokerage firms, for Casa de Bolsa Finamex to act as the official liquidity provider for several VanEck ETFs cross-listed on the Bolsa Mexicana de Valores (BMV). This collaboration advances VanEck's mission to expand access in Latin America to high-quality global investment strategies, while supporting the development of local ETF markets. Key to this initiative is the firm's ongoing focus on education, infrastructure and long-term engagement with financial professionals and investors. Mexican investors have long sought greater access to global exposures—particularly U.S. and thematic strategies—but have faced challenges such as limited liquidity, wide spreads and inconsistent execution when investing through local exchanges. By partnering with Case de Bolsa Finamex, VanEck aims to improve the day-to-day trading experience, ensuring that its ETFs on the BMV are more accessible, transparent and efficient for all investors. The initial lineup of supported ETFs includes: VanEck Semiconductor ETF (SMH) – Exposure to the world's leading semiconductor companies driving innovation in AI, 5G, and automation. VanEck Gold Miners ETF (GDX) – Access to a diversified portfolio of global gold mining equities. VanEck Defense UCITS ETF (DFNS) – A European-domiciled ETF focused on the evolution of modern defense, cybersecurity, and data-driven systems. VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV) – Targeting global dividend-paying companies with strong fundamentals and yield profiles. "Our goal is to create real, lasting value for investors in Mexico and across the region," said Jan van Eck, CEO of VanEck. "That means more than listing products. It requires removing friction, deepening liquidity and building investor confidence through education, partnerships and local expertise." The partnership with Finamex is part of VanEck's broader strategy to support the responsible growth of local capital markets across Latin America. By pairing global investment expertise with local liquidity solutions, financial education and market-specific support, VanEck is deepening its role as a long-term resource for investors, advisors and institutions across the region. To learn more about VanEck's ETF offerings in Mexico, visit: About VanEck VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm's drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry. Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of 4/30/2025, VanEck managed approximately $116.6 billion in assets, including mutual funds, ETFs and institutional accounts. The firm's capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck's passive strategies. Since our founding in 1955, putting our clients' interests first, in all market environments, has been at the heart of the firm's mission. Disclosures This content is intended for educational/informational purposes only. Please note that the availability of the products mentioned may vary by country, and it is recommended to check with your local stock exchange. This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees. UCITS Disclosures The information contained in this communication is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, including shares of any UCITS fund, to any person in the United States or any U.S. person as defined under Regulation S of the Securities Act of 1933, as amended. The UCITS funds referenced herein are not registered under the U.S. Investment Company Act of 1940 and their shares are not registered under the U.S. Securities Act of 1933. These funds are not offered or sold to U.S. persons and are intended exclusively for non-U.S. residents investing through U.S.-based offshore accounts or platforms, in accordance with applicable regulations. Investing in UCITS funds involves risk, including possible loss of capital. Financial professionals are encouraged to ensure that any offering is made in compliance with the laws and regulations of the relevant jurisdiction(s). Investors should consult their financial and legal advisors to determine whether an investment is suitable for their circumstances. It is the responsibility of the offshore desk to ensure compliance with all applicable laws and regulations. The UCITS provider assumes no liability for non-compliant transactions executed by the offshore desk. General VanEck ETF and Mutual Fund Risks The principal risks of investing in VanEck ETFs and mutual funds include, but are not limited to, sector, market, economic, political, foreign currency, world event, index tracking, active management, social media analytics, derivatives, blockchain, commodities and non-diversification risks, as well as fluctuations in net asset value and the risks associated with investing in less developed capital markets. VanEck ETFs may also be subject to authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount risk and liquidity of fund shares risks. VanEck ETFs or mutual funds may loan their securities, which may subject them to additional credit and counterparty risk. ETFs or mutual funds that invest in high-yield securities are subject to subject to risks associated with investing in high-yield securities; which include a greater risk of loss of income and principal than funds holding higher-rated securities; concentration risk; credit risk; hedging risk; interest rate risk; and short sale risk. ETFs or mutual funds that invest in companies with small capitalizations are subject to elevated risks, which include, among others, greater volatility, lower trading volume and less liquidity than larger companies. Please see the prospectus of each Fund for more complete information regarding each Fund's specific risks. Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit Please read the prospectus and summary prospectus carefully before investing. © Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation666 Third Avenue, New York, NY 10017Phone: 800.826.2333Email: info@ View source version on Contacts Media Contact Chris SullivanCraft & Capitalchris@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
