Buffer ETFs have gained attention in the investment world as a way to provide some protection from market volatility. According to Bruce Bond, CEO of Innovator ETFs, these types of funds cater to individuals who want exposure to the market but are hesitant to take on the full risk. By offering downside protection, buffer ETFs
Finance
Zeekr, a Chinese electric car brand, has made a groundbreaking announcement about its new batteries that promise to have the fastest charge in the world. This development is set to address the long-standing concerns of consumers when it comes to battery driving range and the ease of charging. With Zeekr’s new batteries, a remarkable feat
China’s financial risks have reportedly decreased in recent times, with the People’s Bank of China Governor Pan Gongsheng highlighting the drop in local government debt. Pan emphasized that the central bank is collaborating with the Ministry of Finance to ensure that China meets its growth targets for the year. Despite this positive outlook, international institutions
The recent regulatory filing by Berkshire Hathaway has revealed an intriguing fact about Warren Buffett’s stock holdings. It appears that the legendary investor now owns the exact same number of shares in Apple as he does in Coca-Cola, standing at a round number of 400 million shares each. This discovery has sparked speculation among Buffett
Financial technology firm Klarna has been making waves in the banking sector with its latest offerings such as a checking account-like product and a cashback program. While these products have been designed to disrupt the retail banking industry and attract more customers to the platform, Klarna is likely to face several challenges as it expands
The recent sharp selloff in the stock market, led by fears of a looming recession, has sparked concerns among investors. The S&P 500 index recorded a 3% loss on Monday, marking its worst performance in almost two years. The weaker-than-expected job data released on Friday has further fueled uncertainty about the stability of the U.S.
As the Olympic Games take place in Paris, one would expect to see a surge in prices across various sectors, including hospitality, transportation, and other goods and services. Mega events like the Olympics tend to drive up demand for hotel rooms, airline tickets, and other amenities, resulting in an overall increase in consumer spending. However,
The Federal Reserve is currently facing a critical juncture, with investors closely watching their next moves. The market is divided, with some believing that the Fed is on the cusp of preventing a recession, while others fear a repeat of past mistakes. How Chair Jerome Powell and the central bank react to the current economic
A hazardous goods container exploded on a cargo ship at China’s Ningbo port, owned by Taiwanese vessel owner Yang Ming Marine Transport Corp. Luckily, there were no casualties or injuries reported in the incident. The explosion caused a fire on the YM Mobility ship, but it has been contained. All individuals on board were safely
JPMorgan Chase, the largest U.S. bank by assets, has recently introduced a generative artificial intelligence assistant, known as the LLM Suite, to more than 60,000 of its employees. This initiative marks the beginning of a larger plan to incorporate generative AI technology across the entire organization. Unlike developing its own AI models, JPMorgan opted to