Tue, Feb 20, 2024 3:59 PM
BSNL floats Rs 65,000-crore phase-3 tender for BharatNet
A Flip by Shubhangi Gupta
A seismic shift is currently underway among the world’s largest ETFs, which could redefine the landscape of the ETF universe. The SPDR S&P 500 ETF Trust, the largest ETF globally with over $500 billion in AUM, experienced significant outflows since the beginning of the year. In contrast, its lower-cost peers, especially the Vanguard S&P 500 ETF (NYSE:VOO), saw an influx of investments.
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By crushing analyst estimates for its latest completed quarter, Pagaya Technologies (NASDAQ: PGY) crushed it on the market Thursday. Investors sent its shares to a 20% gain on the day, which was more than good enough to beat the 0.5% gain of the S&P 500 index.Artificial intelligence powers real fundamental growth.
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Shares of Sinclair (NASDAQ: SBGI) were moving higher after the local broadcasting group posted strong results on the bottom line in its first-quarter earnings report. Later in Thursday's session, CNBC reported that the company was considering selling about 30% of its broadcast stations.Sinclair delivers a strong profitSinclair, which owns or has relationships with 185 television stations.
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