Latest news with #Nasdaq100
Globe and Mail
16 hours ago
- Business
- Globe and Mail
1 No-Brainer Artificial Intelligence Index Fund to Buy Right Now for Less Than $1,000
Key Points The Invesco QQQ Trust tracks the Nasdaq-100 and has exposure to many large AI players. The fund is relatively inexpensive and has historically been a great long-term investment. Buying the fund takes the guesswork out of trying to find stocks to ride the AI wave. 10 stocks we like better than Invesco QQQ Trust › Choosing winners in the fast-paced artificial intelligence (AI) race isn't always easy. Small AI start-ups can flame out quickly, while large companies run the risk of failing to keep up. Many investors opt to put their money in exchange-traded funds (ETFs) that track indexes to spread their money across a variety of companies. One of the most popular ETFs with a lot of exposure to AI stocks is the Invesco QQQ Trust (NASDAQ: QQQ). The fund is designed to track the performance of the Nasdaq-100 index, and investing in it is a great way to benefit from the AI race without having to handpick the winners. Here's why. 1. It has exposure to the top AI companies The Invesco QQQ Trust 's largest holdings are key players in the AI race and have already benefited -- and will likely continue to benefit -- as artificial intelligence grows. With this fund, you'll be invested in Microsoft, Nvidia, Amazon, and Alphabet, as well as other tech companies making big moves in AI. Consider that Nvidia is one of the leading AI processor companies, with an estimated 95% of the AI processor market, and that Amazon and Microsoft are the two largest cloud computing companies offering advanced AI services to their customers. All of this means that owning some of Invesco QQQ Trust will allow you to tap into AI processors, AI cloud services, artificial intelligence software, and likely whatever new AI products and services debut over the coming years. 2. ETFs are a great investment for beginners and experts alike Whether you're just getting started in investing or you've been doing it for decades, ETFs are a great addition to any portfolio because they allow you to take some of the guesswork out of investing. Instead of poring over earnings calls and keeping tabs on how some macroeconomic news might affect the specific company you're invested in, you can instead spread your money across many companies all at once. Plus, with the Invesco QQQ Trust, your investment will track the combined movements of the top 100 non-financial companies on the Nasdaq, many of which are the world's leading tech companies. As hundreds of billions of dollars are invested in AI in the coming years, this fund could continue to benefit from the strong artificial intelligence foundation that's already been established. 3. Easy liquidity and relatively low costs Being the fifth-largest ETF, you won't have much of a problem buying or selling your shares of the Invesco QQQ Trust. A substantial amount of daily trading volumes and about $354 billion in assets under management mean that you'll easily find a buyer when you're ready to sell. What's more, the fund has a relatively low expense ratio of just 0.20%. If you have $1,000 in the fund, your annual expense ratio is just $2 in fees. Since it's passively managed, the Invesco QQQ Trust charges far less than actively managed funds, which select stocks in an attempt to outperform specific indexes. Lower expense ratios help you keep more of the gains earned by the fund. 4. The Invesco QQQ Trust has been a top performer No matter where you invest your money, there's always a risk that your investments won't perform well. And even if they do make significant gains when you own them, there's no guarantee they'll continue to do so. But there's something to be said for funds that historically perform well over time. Since its launch in 1999, the Invesco QQQ Trust has gained nearly 1,000% while the S&P 500 is up about 400%. Of course, that doesn't mean it will continue growing at the same pace or even that the fund will outpace the broader market's returns in the coming years. Still, it's an indication the fund has, in the past, successfully benefited from large tech trends. If you have $1,000 to spend right now and want to tap into artificial intelligence, this fund is a smart move. While there may be others with more focused exposure to AI, the Invesco QQQ Trust allows you to benefit from the largest technology companies on the Nasdaq, which could provide stability and long-term opportunity. Should you invest $1,000 in Invesco QQQ Trust right now? Before you buy stock in Invesco QQQ Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Invesco QQQ Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
Associated Press
a day ago
- Business
- Associated Press
Thomson Reuters Corp to Join the Nasdaq-100 Index® Beginning July 28, 2025
NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Thomson Reuters Corp (Nasdaq: TRI), will become a component of the Nasdaq-100 Index® (Nasdaq: NDX®) and the Nasdaq-100 Equal Weighted™ Index (Nasdaq: NDXE™) prior to market open on Monday, July 28, 2025. Thomson Reuters Corp will replace ANSYS, Inc. (Nasdaq: ANSS) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index. ANSYS, Inc. will also be removed from the Nasdaq-100 Tech Sector™ Index (Nasdaq: NDXT™), the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index (NDXTMC™), the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index (NDXT10™), the Nasdaq-100 ESG™ Index (Nasdaq: NDXESG™), the Nasdaq-100 ex Top 30™ Index (Nasdaq: NDX70™), the Nasdaq-100 ex Top 30 UCITS™ Index (Nasdaq: NDX70U™), and the Nasdaq-100 Select Equal Weight™ Index (NDXSE™) on the same date. Thomson Reuters Corp will replace ANSYS, Inc. in the Nasdaq-100 Tech Sector™ Index (Nasdaq: NDXT™), the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index (NDXTMC™), and the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index (NDXT10™) on the same date. For more information about the company, go to About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment Inc. Media Contacts: Maximilian Leitenberger, Nasdaq, [email protected] Issuer & Investor Contact: Index Client Services, Nasdaq, [email protected] -NDAQG-
Yahoo
a day ago
- Business
- Yahoo
Why Invesco Stock Is Soaring After Proposing This Change to Popular QQQ ETF
Key Takeaways Invesco shares surged to lead S&P 500 gainers Friday. The investment manager said in a filing that it's looking to change the structure of its popular Invesco QQQ Trust ETF tracking the Nasdaq 100 Index. The move would allow Invesco to start collecting revenue from the fees the fund (IVZ) shares surged Friday after the investment manager said it's looking to change the structure of its popular Invesco QQQ Trust (QQQ) exchange-traded fund tracking the Nasdaq 100 Index, in a move that could make it more profitable for Invesco. Shares of Invesco were up over 15% in recent trading to lead the day's gainers on the S&P 500. The stock has added close to one-quarter of its value over the past 12 months. Invesco said Friday it's seeking shareholder approval to shift the QQQ's structure from the unit investment trust (UIT) it has had since its creation in 1999, to an "open-end fund" ETF structure used by many ETFs that have been created since. The move would allow Invesco to generate revenue and potential profits from the ETF; in its current structure, Invesco is only allowed to be reimbursed for marketing expenses. QQQ shareholders will be able to vote on the proposal at a special meeting on October 24, along with the election of nine members of a newly created board of trustees, and an agreement that would make Invesco the investment advisor to the fund. Invesco said the changes would give the ETF's investors "greater operational flexibility, greater regulatory certainty, the ability to engage in securities lending," along with a lower expense ratio. Bloomberg estimated that with roughly $355 billion in assets under management and a 0.2% expense ratio, the ETF generates north of $700 million annually, giving Invesco a significant new stream of revenue if shareholders approve the shift. Read the original article on Investopedia Sign in to access your portfolio
CNBC
2 days ago
- Business
- CNBC
Stocks making the biggest moves midday: Talen Energy, Invesco, Netflix, Coinbase and more
Here are some of the names making big moves in midday trading. Talen Energy – Shares popped more than 23%. Talen said that it has signed agreements to acquire Moxie Freedom Energy Center in Pennsylvania and the Guernsey Power Station in Ohio – a pair of combined-cycle gas-fired plants. The deal comes out to $3.5 billion after adjusting for estimated tax benefits. Shares of data center power plays Constellation Energy and Vistra added more than 5% in sympathy. Invesco – The asset manager's share price jumped 12%. Bloomberg News reported that Invesco is asking shareholders of its popular Invesco QQQ Trust (QQQ) for permission to convert its structure to an open-ended fund from a unit investment trust. The move would boost fee revenue for the asset manager and lower costs for shareholders, Bloomberg reports. QQQ tracks the tech-heavy Nasdaq 100 and is up nearly 10% in 2025. Regions Financial – Shares of the regional bank advanced 5% after second-quarter earnings topped expectations. Regions posted adjusted earnings of 60 cents per share, beating the FactSet consensus estimate for 56 cents a share. Net interest income of $1.26 billion also surpassed the StreetAccount consensus call for $1.23 billion. Netflix — Shares fell 4% after Netflix warned that operating margin in the second half of 2025 will be lower than the first half because of higher content amortization, as well as sales and marketing costs, because of a larger slate of content. Otherwise, the streaming company beat on the top and bottom lines. Chevron , Hess — Chevron shares fell 1%, while Hess shares were halted. The moves come after Chevron won against Exxon Mobil in a dispute over Hess's offshore oil assets in the South American nation of Guyana. That clears the path for Chevron to complete its $53 billion acquisition of Hess. Sarepta Therapeutics — The biopharmaceutical stock fell 26% after trade news and data provider BioCentury reported that a patient died after receiving treatment during a Phase 1 study. A Sarepta spokesperson told BioCentury that the death was due to acute liver toxicity. Union Pacific , Norfolk Southern — Shares of Union Pacific and Norfolk Southern fell 1.5% and rose roughly 2%, respectively. The moves come after The Wall Street Journal, citing people familiar, reported railroad operator Union Pacific is exploring a deal with Norfolk Southern. 3M — The industrial stock fell more than 4%. 3M estimated that its organic sales growth for 2025 would rise by roughly 2%, accounting for tariff impact. In April, it estimated growth ranging from the "lower end of 2% to 3%," excluding the tariff impact. Separately, second-quarter results topped the Street's estimates. American Express — Shares gained nearly 3% after the company's second-quarter earnings results beat on the top and bottom lines. American Express posted adjusted earnings of $4.08 per share on $17.86 billion in revenue, above the $3.89 in earnings per share and $17.71 billion in revenue that analysts polled by FactSet were expecting. Interactive Brokers — Shares advanced 6% after Interactive Brokers reported second-quarter results that beat estimates on the top and bottom lines. The online brokerage posted adjusted earnings of 51 cents per share on revenues of $1.48 billion. Analysts polled by LSEG had expected earnings of 46 cents per share on revenue of $1.36 billion. Schlumberger — Shares fell 4%. Though the oil field services company posted adjusted earnings of 74 cents per share, more than the FactSet consensus estimate of 72 cents a share, it still reflected a 13% decline from the year-ago period. Charles Schwab — The brokerage stock rose 2% after second-quarter results beat expectations on the top and bottom lines. Charles Schwab reported $1.14 in adjusted earnings per share on $5.85 billion of revenue. Analysts were looking for $1.10 in earnings per share and $5.73 billion in revenue, according to FactSet. The firm also said new brokerage account openings were up 11% year over year. Crypto stocks — Shares of companies serving crypto traders rose as the price of ether jumped to its highest level in six months after Congress passed the first major crypto legislation for the U.S. Coinbase jumped nearly 3%, and Robinhood gained almost 4%. Galaxy Digital rallied more than 2%. Bitmine Immersion , an ether accumulator, climbed 7%. Huntington Bancshares — Shares slid 2% even as the bank holding company posted second-quarter earnings of 34 cents per share, narrowly exceeding the FactSet consensus estimate of 33 cents per share. Net interest income of $1.47 billion also came in above the $1.46 billion estimate. Western Alliance — Shares fell more than 2% after Western Alliance Bancorp said it will unify all divisions under one brand. Net interest margin for the second quarter came in at 3.53% versus the FactSet consensus estimate for 3.55%. The regional bank beat on second-quarter earnings, revenue and net interest income expectations, according to FactSet consensus estimates. — CNBC's Sean Conlon, Lisa Han, Alex Harring, Tanaya Macheel, Jesse Pound and Sarah Min contributed reporting.
Yahoo
2 days ago
- Business
- Yahoo
Stocks Pressured by Weakness in Netflix and Health Insurers
The S&P 500 Index ($SPX) (SPY) today down -0.08%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.15%. September E-mini S&P futures (ESU25) are down -0.14%, and September E-mini Nasdaq futures (NQU25) are down -0.17%. Stocks today gave up an early advance and turned lower as a -5% decline in Netflix weighed on technology stocks after the company forecasted below-consensus full-year operating margins. Also, the weakness in health insurance providers is weighing on the broader market today after Humana lost a lawsuit to reverse cuts to its Medicare bonus payments and after Elevance Health was downgraded. More News from Barchart Insider Trading Alert: Here's Who Bought Nvidia and AMD Stock Before the U.S. Chip Deal with China Dear Tesla Stock Fans, Mark Your Calendars for July 23 Robinhood Keeps Hitting New Highs. How Should You Play HOOD Stock Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Stock indexes initially moved higher, with the S&P 500 and Nasdaq 100 posting new record highs. Bullish factors included the stronger-than-expected housing starts report and generally upbeat earnings reports. Also, the University of Michigan's US July consumer sentiment index rose more than expected to a 5-month high. Falling bond yields are supportive of stocks following dovish comments from Fed Governor Christopher Waller on Thursday evening, who stated that he supports a Fed interest rate cut at the July 29-30 FOMC meeting. Also, an easing of inflation expectations in today's University of Michigan's July inflation expectations report was bullish for T-notes and stocks. The 10-year T-note yield is down -3 bp to 4.42%. US June housing starts rose +4.6% m/m to 1.321 million, stronger than expectations of 1.300 million. Also, June building permits, a proxy for future construction, unexpectedly rose +0.2% m/m to 1.397 million versus expectations of a -0.5% m/m decline to 1.387 million. The University of Michigan's July US consumer sentiment index rose +1.1 to a 5-month high of 61.8, stronger than expectations of 61.5. The University of Michigan's US July 1-year inflation expectations indicator fell to a 5-month low of +4.4%, better than expectations of no change at +5.0%. Also, the July 5-10 year inflation expectations indicator eased to a 5-month low of +3.6%, weaker than expectations of +3.9%. Thursday evening, Fed Governor Christopher Waller said, 'With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates before we cut the policy rate. I believe it makes sense to cut the FOMC's policy rate by 25 basis points two weeks from now.' Recent trade news has put some downward pressure on stocks. President Trump said late Wednesday that he intends to send a tariff letter to more than 150 countries notifying them their tariff rates could be 10% or 15%, effective August 1, and that the group was 'not big countries who don't do that much business with the US.' Also, President Trump last weekend announced that the US will impose 30% tariffs on US imports from the European Union and Mexico, effective August 1. Mr. Trump said last Thursday that a 35% tariff on some Canadian products would take effect on August 1, up from the current 25%. Last week, Mr. Trump imposed a 50% tariff on copper imports, which will include semi-finished goods, and stated that drug companies could face tariffs as high as 200% on imports if they don't relocate production to the US within the next year. Federal funds futures prices are discounting the chances for a -25 bp rate cut at 5% at the July 29-30 FOMC meeting and 58% at the following meeting on September 16-17. Earnings season began in earnest this week as big bank earnings results came in stronger than expected. Early results now show S&P 500 earnings are on track to rise +3.2% for the second quarter, better than the pre-season expectations of +2.8% y/y, according to Bloomberg Intelligence. Also, only six of the eleven S&P 500 sectors are projected to post an increase in earnings, the fewest since Q1 of 2023, according to Yardeni Research. Overseas stock markets today are mixed. The Euro Stoxx 50 is down -0.42%. China's Shanghai Composite closed up +0.50%. Japan's Nikkei Stock 225 fell from a 2.5-week high and closed down -0.21%. Interest Rates September 10-year T-notes (ZNU25) today are up +9 ticks. The 10-year T-note yield is down -2.0 bp to 4.432%. T-notes are climbing today on dovish comments from Fed Governor Christopher Waller, who said he backs a Fed rate cut at the July 29-30 FOMC meeting. Also, falling inflation expectations in today's University of Michigan report were bullish for T-notes. On the bearish side, today's US housing starts report was stronger than expected. Also, today's increase in the University of Michigan US July consumer sentiment to a 5-month high was negative for T-notes. European government bond yields today are moving higher. The 10-year German bund yield is up +2.1 bp to 2.696%. The 10-year UK gilt yield climbed to a 1.5-month high of 4.680% and is up +2.1 bp to 4.676%. Eurozone May construction output fell -1.7% m/m, the biggest decline in nearly 2.5-years. The German June PPI fell -1.3% y/y, right on expectations and the steepest pace of decline in 9 months. Swaps are discounting the chances at 1% for a -25 bp rate cut by the ECB at the July 24 policy meeting. US Stock Movers Weakness in managed health care stocks is weighing on the broader market today. Elevance Health (ELV) is down more than -5% to lead losers in the S&P 500 after Leerink Partners downgraded the stock to market perform from outperform. Also, Humana (HUM) is down more than -2% after it lost a lawsuit seeking to reverse cuts to its Medicare bonus payments. In addition, Molina Healthcare (MOH) is down more than -4%, and Centene (CNC) and CVS Health Corp (CVS) are down more than -1%. Netflix (NFLX) is down more than -5% to lead losers in the Nasdaq 100 after forecasting a full-year operating margin of 29.5%, below the consensus of 29.7%. American Express (AXP) is down more than -3% to lead losers in the Dow Jones Industrials after reporting Q2 total expenses of $12.90 billion, above the consensus of $12.73 billion. 3M Co (MMM) is down more than -3% after cutting its full-year organic sales estimate to +2% from a previous forecast of +2% to +3%. Sarepta Therapeutics (SRPT) is down more than -18% after it said another patient died from acute liver failure after receiving one of its experimental gene therapies for a muscle disease. Autoliv (ALV) is down more than -4% after reporting Q2 adjusted operating margin of 9.30%, below the consensus of 9.35%. Builders FirstSource (BLDR) is down more than -2% after Zelman & Associates downgraded the stock to underperform. Talen Energy (TLN) is up more than +22% after acquiring gas-fired power plants in Pennsylvania and Ohio for $3.5 billion. Invesco Ltd (IVZ) is up more than +11% to lead gainers in the S&P 500 after it filed a proxy statement with the SEC seeking to convert the Invesco QQQ Trust Series 1 into an open-ended fund from a unit investment trust. Interactive Brokers Group (IBKR) is up more than +6% after reporting Q2 total net interest income of $860 million, well above the consensus of $794.7 million. Regions Financial (RF) is up more than +4% after reporting Q2 net interest income of $1.27 billion, better than the consensus of $1.24 billion, and raising its full-year net interest income growth estimate to +3% to +5% from a previous estimate of +1% to +4%. Abbott Laboratories (ABT) is up more than +3% after Jefferies upgraded the stock to buy from hold with a price target of $145. Norfolk Southern (NSC) is up more than +3% on reports that Union Pacific is said to be exploring an acquisition of the company. Charles Schwab (SCHW) is up more than +2% after reporting Q2 net revenue of $5.85 billion, stronger than the consensus of $5.72 billion. Earnings Reports (7/18/2025) 3M Co (MMM), Ally Financial Inc (ALLY), American Express Co (AXP), Charles Schwab Corp/The (SCHW), Comerica Inc (CMA), Euronet Worldwide Inc (EEFT), Huntington Bancshares Inc/OH (HBAN), MarketAxess Holdings Inc (MKTX), Regions Financial Corp (RF), Schlumberger NV (SLB), Southern Copper Corp (SCCO), Truist Financial Corp (TFC). On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
