最新ニュース iShares Core S&P 500 ETF (ARCA:IVV)

iShares Core S&P 500 ETF

Technology

Financial Services

Healthcare

Consumer Cyclical

Industrials

Consumer Defensive

Communication Services

Energy

Real Estate

Utilities

Basic Materials

Other

The Fund seeks to track the investment results of the S&P 500; the Underlying Index, which measures the performance of the large-capitalization sector of the U.S. equity market, as determined by S&P Dow Jones Indices LLC; the Index Provider or SPDJI.

Apple Inc

Microsoft Corp

Nvidia Corp.

Amazon.Com Inc

Meta Platforms Inc

Alphabet Inc.Class A

Alphabet Inc Cl C

Berkshire Hathaway, Inc.

Broadcom Inc Common

Eli Lilly & Co.

BlackRock ETF Trust II iShares Large Cap Deep Buffer ETF

Invivyd Inc

IVIVI TECHNOLOGIES INC by IVIVI Technologies, Inc.

Ivivi Technologies Inc

BlackRock ETF Trust II iShares Large Cap Moderate Buffer ETF

iShares Trust iShares S&P 500 BuyWrite ETF

The stock market just got a fresh jolt of turbulence, and traders are buckling up for more. Monday's rollercoaster session saw the S&amp;P 500 index wipe out a staggering $1.5 trillion in value as trade war fears reignited. 
ETFs tracking the index closed lower: the SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) closed lower by 1.75% while the Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) and the iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>) were down 1.72% on Monday close.
Related: <a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">Markets Tank After Trump Confirms More Tariffs: Here&#8217;s What Wall Street Is Saying</a>
With tariffs on Canada, Mexico and China ramping up, volatility is officially back in business. The VIX has surged over 33% over the past month:
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="696" height="449" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/04062926/Screenshot-2025-03-04-at-4.59.09-PM.png" alt="" class="wp-image-807881" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/04062926/Screenshot-2025-03-04-at-4.59.09-PM.png 696w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/04062926/Screenshot-2025-03-04-at-4.59.09-PM-300x194.png 300w" sizes="(max-width: 696px) 100vw, 696px" /></figure>
Chart source: <a href="https://www.google.com/finance/quote/VIX:INDEXCBOE?sa=X&amp;ved=2ahUKEwiiwuP0qPCLAxV0Q2cHHSTZBhcQ3ecFegQIMhAX&amp;window=1M">Google Finance</a>
But for investors, chaos breeds opportunity &#8211; if you know how to play it.
<h2 class="wp-block-heading">1. The VIX Is Screaming &#8211; Use It</h2>
The Cboe Volatility Index ($VIX) is Wall Street's fear gauge, and when it spikes, traders take notice. With uncertainty surging, options-based strategies become lucrative. 
Investors can hedge against further market swings with the ProShares Ultra VIX Short-Term Futures ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/UVXY#BATS">UVXY</a>) or the iPath Series B S&amp;P 500 VIX Short-Term Futures ETN (BATS:<a class="ticker" href="https://www.benzinga.com/stock/VXX#BATS">VXX</a>). 
But beware—these are short-term tools, not long-term holds.
<h2 class="wp-block-heading">2. Play Defense With Broad Market ETFs</h2>
When markets get rocky, smart money often rotates into low-volatility and defensive plays. 
The Invesco S&amp;P 500 Low Volatility ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPLV#NYSE">SPLV</a>) offers exposure to less turbulent stocks, while the iShares MSCI USA Minimum Volatility ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/USMV#BATS">USMV</a>) helps cushion the downside. 
For those who expect more fireworks but want to stay long equities, the SPY remains a solid way to ride out the storm.
<h2 class="wp-block-heading">3. Don't Fight The Tape &#8211; Trade Trends</h2>
With uncertainty swirling, trend-following strategies gain an edge. Investors looking for short-term gains might consider the ProShares Short S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SH#NYSE">SH</a>) for bearish exposure or the ProShares UltraPro Short S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPXU#NYSE">SPXU</a>) for amplified downside bets. 
Meanwhile, gold, often a safe-haven asset, is seeing renewed interest through ETFs like SPDR Gold Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).
With Trump hinting at more "big" announcements by Wednesday night, expect the volatility train to keep rolling. The question isn't whether markets will move &#8211; it's whether you're ready to trade the storm.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/bonds/25/03/44096578/leon-cooperman-says-he-likes-cash-calls-trumps-deficit-cutting-contractionary">Leon Cooperman Says He Likes Cash, Calls Trump&#8217;s Deficit Cutting &#8216;Contractionary&#8217;</a></li>
</ul>
Image via Shutterstock

Long Ideas

Macro Economic Events

Broad U.S. Equity ETFs

Specialty ETFs

Economics

Trading Ideas

ETFs

PowerShares S&P 500 Low Volatility Portfolio

SPLV

SPXU

USMV

UVXY

Barclays Bank iPath S&P 500 VIX Short-Term Futures ETN

Tariffs, Trump, Tumult: How To Trade The Volatility Surge

ETFs are having a moment. According to a recent EY report, <a href="https://www.benzinga.com/etfs">global ETF assets</a> under management (AUM) surged to $14.8 trillion last year, with net inflows hitting $1.88 trillion, the highest ever recorded. The U.S. market alone crossed the $10 trillion mark.
Continuing the stroke of fortune, January 2025 brought in an all-time high of $90.3 billion in net ETF <a href="https://etfgi.com/news/press-releases/2025/02/etfgi-reports-assets-invested-etfs-industry-united-states-reached-new">inflows </a>in the U.S. alone, according to research firm ETFGI. So, what's driving this boom?
Also Read: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/02/43605412/as-trade-war-heats-up-these-etfs-offer-a-safe-harbor-for-investors">As Trade War Heats Up, These ETFs Offer A Safe Harbor For Investors</a>
The Tax Advantage 
A major reason ETFs are so popular in the U.S. is their tax efficiency. Nithin Kamath, CEO of Indian online brokerage platform Zerodha, recently pointed this out in a <a href="https://x.com/Nithin0dha/status/1892493951434969111">post </a>on X. He explained that mutual funds in the U.S. are required to distribute capital gains to investors, making them less tax-efficient. In contrast, ETFs use an ‘in-kind' creation/redemption process, which helps them avoid capital gains distributions, giving investors a clear tax advantage.
This tax efficiency is one of the most underrated reasons why ETFs have taken off in the U.S.
Big Money Is Flowing Into ETFs
Investors are pouring money into ETFs despite broader market volatility. Take what happened on February 24, even as markets declined, ETFs saw massive inflows. According to etf.com, SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) raked in $3.87 billion, iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>) pulled in $1.02 billion, Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) saw $883.6 million inflow and iShares Core MSCI Emerging Markets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEMG#NYSE">IEMG</a>) brought $365.6 million.
Overall, U.S. equity funds led the way with $3.59 billion in inflows, followed by fixed income ETFs with $1.78 billion and commodities ETFs adding $754.2 million, reported etf.com.
Innovation Is Key
Beyond tax advantages, the ETF industry is constantly evolving, offering investors a growing variety of options:
Active ETFs are on the rise, now accounting for 8% of U.S. ETF assets and attracting nearly half of all U.S. ETF inflows, per EY. According to Morningstar, U.S.-listed active ETFs attracting a record $43 billion in inflows in January. This growth follows 579 active ETF launches on Wall Street in 2024, according to Morningstar.
Single-stock ETFs, which allow investors to take leveraged bets on individual stocks, have grown to $7 billion in assets, said EY.
The outlet also reported that buffer ETFs, offering downside protection, now hold $45 billion, while digital asset ETFs, especially Bitcoin ETFs, have soared in popularity with the five largest products amassing $70 billion in AUM.
More Players Are Entering The ETF Space
As ETF assets continue to grow, more firms want a piece of the action. The EY report highlights that asset managers looking to enter the market typically take one of five routes — develop in-house ETF capabilities (best for large firms), acquire an existing ETF issuer, use white-label ETF providers to launch funds quickly, transform mutual funds into ETFs (57 mutual funds were converted to ETFs in 2024) and newer model in Europe where mutual funds offer ETF-like share classes.
The Road Ahead
With all these trends in motion, the global ETF industry is on track to hit $25 trillion in AUM by 2030, according to EY. 
Between tax advantages, product innovation, and rising retail adoption, ETFs look good to continue their unstoppable growth in the years ahead.
If the past year is anything to go by, the ETF revolution is far from over.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/02/43924482/exclusive-3-etfs-positioned-for-microsofts-quantum-breakthrough">EXCLUSIVE: 3 ETFs Positioned For Microsoft&#8217;s Quantum Breakthrough</a></li>
</ul>
Photo: Shutterstock

News

IEMG

ETFs Are Booming, Here's Why

Did you know there's a way to predict the S&amp;P 500 with an ~85% correlation?
Sounds insane, but it's true.
Here's the surprising logic behind my claim:
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="936" height="621" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/21144315/image-11.png" alt="" class="wp-image-6269" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/21144315/image-11.png 936w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/21144315/image-11-300x199.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/21144315/image-11-768x510.png 768w" sizes="(max-width: 936px) 100vw, 936px" /></figure>
When investors look for long-term bullish S&amp;P 500 signals, they look at:
U.S CPI
U.S. interest rates
U.S. M2 supply (relatively liquid assets in the U.S economy)
This is a mistake.
Although these metrics matter, there's something we commonly forget.
Unlike most countries, the U.S. stock market is global.
German citizens rarely invest in Japanese stocks.
But many will invest in Nvidia, Apple, Microsoft, etc.
When central banks print money, it enters the economy of that respective country.
A portion of that money goes to citizens who buy food, shelter, clothing, etc.
However, some of them will invest their cash into assets.
A sizable portion specifically goes into the S&amp;P or S&amp;P-included companies.
That's why, if you're investing in the S&amp;P, you can't just focus on U.S. liquidity.
You need to focus on global liquidity instead.
The problem is global liquidity is hard to measure.
Combining M2 and interest rate data from the world's central banks isn't easy.
That's why financial data platforms like Ycharts and TradingView don't have a global liquidity metric.
This is why investors typically track GL from the 5 biggest central banks.
Specifically the:
Bank of Japan
Federal Reserve
Bank of England
European Central Bank
People's Bank of China
These are the most important central banks in the world, and tracking their efforts isn't difficult.
This is where most investors go wrong, when they exclusively track the Fed's monetary policies to predict the S&amp;P's long-term outlook.
But the S&amp;P receives inflows from across the globe.
That's why the decisions of the BoJ, BoE, ECB, and PBoC collectively matter more than the Federal Reserve alone.
Thanks to the U.S. stock market&#8217;s global status, global liquidity is highly correlated.
Popular U.S. stock indexes like the NASDAQ, for example, have a 95% correlation.
Whereas the S&amp;P has an ~85% correlation.
This chart speaks volumes.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="936" height="520" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/21144314/image-2.jpeg" alt="" class="wp-image-6268" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/21144314/image-2.jpeg 936w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/21144314/image-2-300x167.jpeg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/21144314/image-2-768x427.jpeg 768w" sizes="(max-width: 936px) 100vw, 936px" /></figure>
However, during bull markets, global liquidity sometimes decouples from the S&amp;P.
Particularly when there's particularly bullish news and the market gets excited.
Trump's election victory was a great example of this.
Politics aside, Trump has always been bullish for stocks.
The same can be said about bearish black swan events.
2008, the initial COVID scare, Yen carry trade, Deepseek, etc.
Bullish and bearish signals decouple the market from global liquidity.
But it always realigns.
It's important to remember that there's a delay between global liquidity and the stock market.
It takes time for liquidity to flow into assets and inflate prices.
Liquidity → stocks – fewer shares → lower supply → prices rise
What's the moral of the story?
Don't just analyze U.S. monetary policies.
Monitor the policies of the biggest central banks in the world.
With a delay, you can reliably predict the movements of major U.S. indexes.
&#x2A;&#x2A;
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There's a way to predict the S&P 500 with an 85% correlation!

<a href="https://www.benzinga.com/topic/george-soros">Billionaire investor George Soros</a> made some bold portfolio adjustments in the fourth quarter, signaling a shift toward growth while easing off defensive bets. 
Soros Fund Management's latest 13F filing shows fresh bets on Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and small-cap stocks, alongside a significant reduction in its SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) put position.
Meanwhile, the fund trimmed its stake in Alibaba Group Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABAF#NYSE">BABAF</a>) and fully exited Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), reflecting a shifting stance on Chinese tech.
<h2 class="wp-block-heading">Doubling Down On Alphabet, Small Caps</h2>
Alphabet emerged as one of Soros' biggest buys, with the fund increasing its stake by 2.55%. 
The firm also ramped up its exposure to the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), a play on smaller, high-growth companies. 
This move suggests Soros is betting on a continued rebound in both mega-cap tech and smaller, more volatile stocks.
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43816112/hedge-fund-shake-up-tiger-appaloosa-soros-outperform-buffett-icahn-ackman">Hedge Fund Shake-Up: Tiger, Appaloosa, Soros Outperform Buffett, Icahn, Ackman</a>
<h2 class="wp-block-heading">Cutting Market Hedges, Adding Fixed Income</h2>
Soros Fund slashed its SPY put position by nearly 15%, signaling reduced bearish sentiment on the broader market. &#8216;
The fund also trimmed holdings in The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) and iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>), while increasing exposure to Ford Motor Co&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) debt and the iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) calls — moves that hint at an evolving fixed-income strategy.
<h2 class="wp-block-heading">China Exposure Shrinks As BABA Gets Trimmed</h2>
Alibaba stock took a hit in the fourth quarter as Soros scaled back his position, joining other investors in reassessing Chinese tech. 
Meanwhile, Smurfit WestRock PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SW#NYSE">SW</a>) remained the fund's top holding at 5.71% of the portfolio, with Alphabet and AstraZeneca PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) rounding out the top three.
Soros' latest moves suggest a more optimistic take on U.S. growth stocks while pulling back on market hedges and Chinese tech bets.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43811538/5-top-tech-stocks-hedge-funds-have-been-bullish-on-in-q4-hint-its-not-nvidia">5 Top Tech Stocks Hedge Funds Have Been Bullish On In Q4 (Hint: It&#8217;s Not Nvidia)</a></li>
</ul>
Image: Shutterstock

Hedge Funds

BABA

ALIBABA GROUP HOLDING LTD by Alibaba Group Holding Limited

BABAF

GOOGL

ORCL

iShares Trust Barclays 20+ Year Treasury Bond Fund

George Soros Makes Fresh Bets On Alphabet, Small Caps: What About SPY Puts And Alibaba?

Following the recent comments from billionaire investor Ray Dalio on &#8220;expensive,&#8221; companies with high valuations, his fund Bridgewater Associates trimmed its positions in six of the &#8216;Magnificent 7&#8217; stocks during the fourth quarter, while taking a fresh position in Elon Musk-led Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
What Happened: According to its 13-F filing with the U.S. Securities And Exchange Commission, the &#8216;Magnificent 7&#8217; stocks witnessed a double-digit cut in their positions at Bridgewater, except Tesla.
<ul>
<li>Decreasing about 40% of its existing holdings, Apple Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) value in Bridgewater&#8217;s portfolio stood at the lowest among the &#8216;Magnificent 7&#8217; stocks at $154.559 million, as of Dec. 31, 2024.</li>
<li>Bridgewater held the most Class A Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) shares in the said quarter among the &#8216;Magnificent 7,&#8217; trimming just 17% of its position from the third quarter, valued at $685.513 million.</li>
<li>Positions in Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) were also slashed in double digits from the third to the fourth quarter.</li>
<li>However, Dalio&#8217;s fund added 153,589 shares of Tesla to its portfolio for the first time in three years after the fourth quarter of 2021. It was valued at $62.025 million.</li>
</ul>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Company</td>
<td>Holdings (as of Sept. 30)</td>
<td>Holdings (as of Dec. 31)</td>
<td>Change (in %)</td>
<td>Value As Of Dec. 31</td>
</tr>
<tr>
<td>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)</td>
<td>4,379,337</td>
<td>3,621,308</td>
<td>-17%</td>
<td>$685.513 million</td>
</tr>
<tr>
<td>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>4,754,271</td>
<td>3,497,362</td>
<td>-26%</td>
<td>$469.660 million</td>
</tr>
<tr>
<td>Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td>802,202</td>
<td>621,088</td>
<td>-23%</td>
<td>$363.653 million</td>
</tr>
<tr>
<td>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td>870,178</td>
<td>667,036</td>
<td>-23%</td>
<td>$281.155 million</td>
</tr>
<tr>
<td>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>1,411,643</td>
<td>919,786</td>
<td>-35%</td>
<td>$211.684 million</td>
</tr>
<tr>
<td>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td>1,031,856</td>
<td>617,203</td>
<td>-40%</td>
<td>$154.559 million</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>0</td>
<td>153,589</td>
<td>0%</td>
<td>$62.025 million</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/government/regulations/25/02/43431874/billionaire-ray-dalio-raises-valuation-concerns-as-deepseeks-new-model-hits-nvidia-stock-a-great-company-that-gets-expensive-is-much-worse-than-a-bad-company-thats-really-cheap">Billionaire Ray Dalio Raises Valuation Concerns As DeepSeek&#8217;s New Model Hits Nvidia Stock</a>
Why It Matters: Dalio, in a discussion with David Friedberg on the All-In Podcast, <a href="https://www.benzinga.com/government/regulations/25/02/43431874/billionaire-ray-dalio-raises-valuation-concerns-as-deepseeks-new-model-hits-nvidia-stock-a-great-company-that-gets-expensive-is-much-worse-than-a-bad-company-thats-really-cheap">cautioned against</a> solely focusing on &#8220;good&#8221; companies, following the tech stock rout after the popularity of Chinese AI firm DeepSeek. 
"A great company that gets expensive is much worse than a bad company that's really cheap," he warned. Dalio urged investors to prioritize value and consider pricing dynamics, especially in the current economic climate.
He expressed concerns about the &#8220;superscalars&#8221; like Nvidia, highlighting their potential risks. Instead, Dalio advised investors to prioritize productivity, innovation, and disruptive technologies, while carefully considering pricing and global economic trends. He emphasized investing in those developing and utilizing applications that drive positive change.
Despite the changes to &#8216;Magnificent 7&#8217; stocks, exchange-traded funds took the highest position in the value terms in Bridgewater&#8217;s portfolio. The fund held $4.824 billion and $1.2 billion in ETFs tracking the S&amp;P 500 index and $922.163 million in the ETF tracking the MSCI Emerging Markets index.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>ETFs</td>
<td>Holdings (as of Sept. 30)</td>
<td>Holdings (as of Dec. 31)</td>
<td>Change (in %)</td>
<td>Value As Of Dec. 31</td>
</tr>
<tr>
<td>SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)</td>
<td>836,965</td>
<td>8,232,049</td>
<td>884%</td>
<td>$4.824 billion</td>
</tr>
<tr>
<td>iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>)</td>
<td>2,222,834</td>
<td>2,039,343</td>
<td>-8%</td>
<td>$1.2 billion</td>
</tr>
<tr>
<td>iShares Core MSCI Emerging Markets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEMG#NYSE">IEMG</a>)</td>
<td>17,779,378</td>
<td>17,659,209</td>
<td>-1%</td>
<td>$922.163 million</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/02/43762156/will-markets-be-closed-for-presidents-day-heres-what-investors-should-know">Will Markets Be Closed For Presidents Day? Here&#8217;s What Investors Should Know</a></li>
</ul>
Photo courtesy: Shutterstock

Market Summary

AAPL

AMZN

MSFT

NVDA

TSLA

Billionaire Ray Dalio's Bridgewater Trims Holdings In 6 Of 'Magnificent 7' Stocks Amid Valuation Concerns, Adds This Automotive Stock After 3 Years

On Wednesday, T-Mobile US, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) disclosed plans to raise 2.75 billion euros ($2.94 billion) by selling 3.150% Senior Notes due 2032, 3.500% Senior Notes due 2037, and 3.800% Senior Notes due 2045 under a <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b43480374/t-mobile-agrees-to-sell-2-75-billion-of-euro-denominated-senior-notes" rel="noreferrer noopener">secondary public offering</a>.
T-Mobile USA looks to utilize the offering proceeds for general corporate purposes, including share repurchases, dividends, and refinancing of existing indebtedness.
Last week, T-Mobile US reported <a target="_blank" href="https://www.benzinga.com/news/earnings/25/01/43300596/t-mobile-q4-earnings-beats-estimates-adds-1-9-million-postpaid-customers-targets-6-million-new-customers-in-2025" rel="noreferrer noopener">fourth-quarter revenue</a> of $21.87 billion (versus $20.48 billion Y/Y), topping the analyst estimate of $21.31 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/02/43475015/spotifys-strong-subscriber-growth-and-rising-margins-keep-analysts-bullish" rel="noreferrer noopener">Spotify Is Still One Of Top 4 Best Ideas For 2025: Analyst</a>
Earnings of $2.57 per share surpassed the&nbsp;consensus estimate of $2.26. However, T-Mobile US&#8217; adjusted free Cash flow of $4.1 billion declined by 5%.
After the quarterly print, at least nine Wall Street firms, including Wells Fargo, Scotiabank, JP Morgan, Benchmark, RBC Capital, BofA Securities, Oppenheimer, and Barclays, <a target="_blank" href="https://www.benzinga.com/quote/TMUS/analyst-ratings" rel="noreferrer noopener">raised their price forecast</a> on T-Mobile US.
Scotiabank&#8217;s Maher Yaghi expects <a target="_blank" href="https://www.benzinga.com/25/01/43342887/t-mobile-us-posts-strong-q4-with-subscriber-adds-beating-expectations-analysts-raise-forecasts-on-expectations-of-continued-momentum-in-2025" rel="noreferrer noopener">continued service revenue</a> growth in fiscal 2025, helping generate $17 billion—$17.6 billion in free cash flow. This is backed by growth potential in the suburban, rural, and enterprise mobile segments and additional market share gains in broadband.
Last December, KeyBanc&nbsp;analyst Brandon Nispel downgraded T-Mobile US&#8217;s rating, citing <a target="_blank" href="https://www.benzinga.com/24/12/42470137/t-mobiles-premium-valuation-prompts-downgrade-growth-projections-decelerate" rel="noreferrer noopener">the company&#8217;s acquisitions</a> in the Fiber business at significant multiples that have yet to be proven.
The S&amp;P Telecom Select Industry Index gained 41% in the last 12 months, topping the&nbsp;S&amp;P 500&#8217;s over 22% gain.
Telecom companies are known for their cash flow generation, which goes towards paying dividends and buybacks, driving ROE. T-Mobile US currently pays a <a target="_blank" href="https://www.benzinga.com/quote/TMUS/dividends" rel="noreferrer noopener">quarterly dividend of</a> $3.52&nbsp;per year for a yield of&nbsp;1.48%.
Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) raised its dividend&nbsp;by 6.5% Y/Y to $1.32 per share annually and approved a new <a target="_blank" href="https://www.benzinga.com/25/01/43335926/comcast-q4-earnings-beats-estimates-peacock-subscribers-surge-29-dividend-raised-15-billion-buyback-approved" rel="noreferrer noopener">share repurchase program</a> of $15 billion. AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) plans to return $20 billion in dividends and $20 billion in <a target="_blank" href="https://www.benzinga.com/24/12/42291862/att-boosts-2024-guidance-targets-22-billion-annual-capital-investment-through-2027-more" rel="noreferrer noopener">repurchases from 2025-2027</a>.
T-Mobile&#8217;s US stock surged over 46% in the last 12 months. Investors can gain exposure to the stock via the iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>) and the Vanguard Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VUG#NYSE">VUG</a>).
Price Action:&nbsp;TMUS stock traded higher by 0.23% to $237.80 premarket at the last check on Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/02/43475080/paypal-beats-q4-estimates-as-transaction-margins-and-payment-volume-drive-growth-eyes-2025-growth-with-strong-tmd-eps-outlook-ahead-of-investor-day-analyst" target="_blank" rel="noreferrer noopener">PayPal Transaction Margins and Payment Volume Drive Growth, Eyes 2025 Growth With Strong TMD Ahead of Investor Day: Analyst</a></li>
</ul>
Photo by viewimage on Shutterstock

Financing

Offerings

CMCSA

TMUS

T-Mobile Raises $2.94 Billion To Fund Stock Buybacks, Dividends, and Debt Refinancing

A tectonic shift is underway in the global ETF rankings, as Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) is on the verge of surpassing State Street's SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) <a href="https://www.benzinga.com/etfs">in assets under management. </a>
This unprecedented shift, which could materialize in the coming weeks, or even days, marks a pivotal moment in the trillion-dollar ETF industry.
VOO has recorded a staggering $20.5 billion in inflows month-to-date through Jan. 29, its largest single-month influx on record, according to data from ETFdb.com.
This surge in investor demand has extended VOO's streak of consecutive monthly inflows to 26, a rare feat that underscores growing confidence in the fund.
In stark contrast, VOO&#8217;s two main competitors have struggled to attract capital in January. 
SPY has suffered outflows of $10.68 billion, while BlackRock's iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>) has lost $2.1 billion.
As a result, VOO's AUM has surged to $617 billion, closing in on SPY's $630 billion. If current trends persist, VOO could soon claim the title of the world's largest ETF.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>ETF</th>
<th>January 2025 flows ($ bn)</th>
<th>AUM ($ bn)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vanguard S&amp;P 500 ETF </td>
<td>20.5</td>
<td>617.83</td>
</tr>
<tr>
<td>SPDR S&amp;P 500 ETF Trust</td>
<td>-10.68</td>
<td>633.29</td>
</tr>
<tr>
<td>iShares Core S&amp;P 500 ETF</td>
<td>-2.09</td>
<td>599.57</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: ETFdb.com as of Jan. 29, 2025</figcaption></figure>
<h3 class="wp-block-heading">Why Is VOO Better Than SPY? </h3>
A major factor driving VOO's ascent is its ultra-low expense ratio of 0.03%, which significantly undercuts SPY's 0.09%. 
Cost-conscious investors have increasingly favored the cheaper Vanguard offering, leading to a sustained capital migration.
Since VOO's inception in September 2010, its total return performance has narrowly outpaced both SPY and IVV. 
VOO has gained 446% over this period, compared to IVV's 443% and SPY's 442%, demonstrating a slight but decisive edge.
<h4 class="wp-block-heading">Chart: VOO Has Outperformed Key Competitors Since Its Inception</h4>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="503" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30154014/image-264-1024x503.png" alt="" class="wp-image-758975" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30154014/image-264-1024x503.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30154014/image-264-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30154014/image-264-768x377.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30154014/image-264-1536x754.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30154014/image-264.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">VOO Topped ETF Flows Ranking Over The Last Year</h3>
Over the past year, VOO has led the ETF industry in net inflows, attracting an astonishing $127 billion, according to TradingView data. This figure surpasses IVV's inflows by a margin of $50 billion. 
Meanwhile, the third-highest inflows have been recorded by the iShares Bitcoin Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NYSE">IBIT</a>) with $37.6 billion, followed by the Vanguard Total Stock Market ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTI#NYSE">VTI</a>) at $30.5 billion. 
Notably, SPY ranks only fifth, drawing in $30.2 billion, while the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), the go-to vehicle for Nasdaq 100 exposure, stands in sixth place with $27.3 billion.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>ETF</th>
<th>Flows (1Y)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vanguard S&amp;P 500 ETF</td>
<td>127.56</td>
</tr>
<tr>
<td>iShares Core S&amp;P 500 ETF</td>
<td>77.37 </td>
</tr>
<tr>
<td>iShares Bitcoin Trust</td>
<td>37.62</td>
</tr>
<tr>
<td>Vanguard Total Stock Market ETF</td>
<td>30.53</td>
</tr>
<tr>
<td>SPDR S&amp;P 500 ETF TRUST</td>
<td>30.21</td>
</tr>
<tr>
<td>Invesco QQQ Trust, Series 1</td>
<td>27.31</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: TradingView as of Jan. 29, 2025</figcaption></figure>
Read now: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/43327699/mohamed-el-erian-says-fed-wants-to-fly-under-the-radar-expects-no-rate-cut-until-june-at-the-earliest">Mohamed El-Erian Says Fed Wants To &#8216;Fly Under The Radar,&#8217; Expects No Rate Cut Until June At The Earliest</a></li>
</ul>
Photo: Shutterstock

IBIT

Vanguard's VOO Set To Overtake SPY As World's Largest ETF After Record January Inflows

T-Mobile US Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) stock gained after it&nbsp;reported its <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b43298585/t-mobile-delivers-best-in-class-customer-results-in-2024-as-more-people-joined-the-un-carrier-than" rel="noreferrer noopener">fourth-quarter results</a> on Wednesday premarket. Here&#8217;s a look at the key figures&nbsp;from the quarter.&nbsp;
The Details:&nbsp;T-Mobile reported quarterly earnings of $2.57 per share, which beat the <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $2.26</a>.
Also Read: <a href="https://www.benzinga.com/25/01/43230968/att-q4-earnings-307k-fiber-adds-projects-mid-teens-broadband-growth-in-2025" target="_blank" rel="noreferrer noopener">AT&amp;T Q4 Earnings: Revenue And EPS Beat, 307K Fiber Adds, Projects Mid-Teens Broadband Growth in 2025</a>
Quarterly revenue came in at $21.87 billion, which beat the analyst consensus estimate of $21.31 billion. This is an increase over sales of $20.48 billion from last year.
<ul>
<li>Service revenues of $16.93 billion grew 6% year-over-year.</li>
<li>Postpaid service revenues of $13.50 billion grew 8% year-over-year.</li>
<li>Adjusted Free Cash Flow of $4.1 billion declined 5% year-over-year.</li>
<li>Postpaid net account additions were 263,000 in the quarter.</li>
<li>Postpaid net customer additions were 1.9 million.</li>
<li>Postpaid phone net customer additions were 903,000.</li>
<li>Postpaid phone churn was 0.92%.</li>
<li>High-speed Internet net customer additions were 428,000.</li>
</ul>
CEO Mike Sievert noted that in 2024, more new postpaid customers chose the Un-carrier than ever before, and the carrier had its lowest-ever full-year postpaid phone churn, leading to its third year of more than 3 million postpaid phone net additions. 
FY25 Outlook:&nbsp;T-Mobile expects 5.5 million-6.0 million <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">postpaid net customer additions</a>, a core adjusted EBITDA of $33.1 billion-$33.6 billion. The company sees net cash from operations of $26.8 billion-$27.5 billion and adjusted free cash flow of $17.3 billion-$18.0 billion.
T-Mobile US stock surged 36% in the last 12 months. Investors can gain exposure to the stock through iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>) and Vanguard Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VUG#NYSE">VUG</a>).
TMUS Price Action: T-Mobile stock is up 6.5% at $235.50 premarket at last check Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/01/43189382/verizon-q4-earnings-revenue-beat-1-million-mobile-and-broadband-subscriber-adds-business-segment-margin-expands" target="_blank" rel="noreferrer noopener">Verizon Q4 Earnings: Revenue Beat, 1 Million Mobile And Broadband Subscriber Adds, Business Segment Margin Expands</a></li>
</ul>
Photo: Shutterstock

Earnings

Guidance

T-Mobile Q4 Earnings: Beats Estimates, Adds 1.9 Million Postpaid Customers, Targets 6 Million New Customers In 2025

Donald Trump's first week in the Oval Office proved to be a blockbuster one for the markets. The S&amp;P 500 surged 1.7%, delivering its best first-week performance under a new presidency since Ronald Reagan <a href="https://www.benzinga.com/25/01/43122112/us-stocks-likely-to-open-higher-as-president-trump-announces-500-billion-ai-project-oracle-netflix-nvidia-among-stocks-in-focus">took office in 1985</a>.
On Monday, Jan. 27, <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43244872/tech-stocks-tumble-on-ai-nightmare-nvidia-eyes-worst-day-since-march-2020-bitcoin-drops-below-100000-whats-driving-markets-monday">tech stocks plummeted</a>. On Tuesday, Wall Street <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43283732/tech-rebounds-after-black-monday-nvidia-rallies-6-gm-plummets-whats-driving-markets-tuesday">attempted a rebound</a>.
Whether this market trajectory will deplete or restore optimism around the corporate earnings season remains to be seen. In the meantime, here&#8217;s a look at three exchange-traded funds that <a href="https://www.benzinga.com/etfs">mirror the S&amp;P 500 Index</a>.
<ul>
<li>The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) holds 504 stocks across multiple sectors, including information technology, financials, consumer discretionary, and health care. With an AUM of $549.97 billion, SPY charges 0.09% in annual expense fees.</li>
<li>The Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>), which comes with an expense ratio of a meager 0.02%, holds 505 stocks, and manages assets worth $472 billion.</li>
<li>iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>), another popular choice, offers similar sector allocations and has an expense ratio of 0.03%.</li>
<li>Both VOO and IVV saw gains in line with SPY, as their diversified portfolios factored in the week's broader market rally.</li>
</ul>
<h1 class="wp-block-heading">What Moved The Markets?</h1>
Investors welcomed <a href="https://www.benzinga.com/markets/25/01/43219264/trumps-tariff-plans-ignite-market-rally-pushing-stocks-to-record-highs">Trump's proposal to cut the corporate tax rate</a> from 21% to 15%, expecting the move would drive business growth and investment within the U.S.
Trump also proposed raising taxes on businesses outside of the U.S., a move he said could bring "<a href="https://www.benzinga.com/news/global/25/01/43170854/trump-outlines-economic-reset-at-davos-5-things-you-need-to-know">hundreds of billions, even trillions" of dollars</a> into the economy and boost domestic manufacturing and job creation. Trump also focused on energy, urging OPEC to boost production and lower prices, while signing executive orders to expand U.S. oil and gas production. 
The <a href="https://www.benzinga.com/etfs/sector-etfs/25/01/43135764/trumps-500-billion-stargate-ai-plan-puts-3-etfs-in-focus">Stargate AI Infrastructure Project </a>was also introduced, which, backed by OpenAI, SoftBank and Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), plans to invest up to $500 billion in building AI infrastructure across the U.S., with an initial commitment of $100 billion. This project has the potential to create 100,000 jobs, Trump said.
A strong start to the corporate earnings season also played a big role in the rally.
But on Monday, U.S. tech stocks plunged as word spread of China&#8217;s DeepSeek R1, <a href="https://www.benzinga.com/25/01/43232316/deepseek-jitters-shatter-us-tech-stocks-wipe-out-12-trillion-on-wall-street-analyst-eyes-four-chinese-giants-set-to-benefit">shaking investor confidence</a>.
<h1 class="wp-block-heading">The Stocks That Powered The ETFs</h1>
The ETFs saw gains across various sectors, but a handful of stocks stood out as top performers:
<ul>
<li>Moderna (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>): The pharmaceutical giant gained 21.6% last week, buoyed by its innovations in mRNA-based therapies.</li>
<li>Oracle: A key partner in the Stargate AI project, Oracle rose 14%.</li>
<li>Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>): The streaming stalwart also jumped 14% on strong results and upward revision in guidance.</li>
<li>Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>): The energy company climbed 11.8%, benefiting from bullish sentiments in the energy sector.</li>
<li>Amphenol Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>): Known for its high-tech interconnect systems, Amphenol rose 11.2%, boosted by a positive earnings revision.</li>
</ul>
See Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/01/43253190/deepseek-ai-etfs-take-a-hard-hit-amid">DeepSeek AI Model Sends Shockwaves Through Nvidia, Slams ETFs</a></li>
</ul>
Photo: Shutterstock.

MRNA

NFLX

3 ETFs Shine As Trump's First Week Sparks Record Gains Followed By Tech Slump

The first U.S. based exchange-traded fund turns 32 years old today and is one of the most<a href="https://www.benzinga.com/etfs"> popular ETFs today.</a>
Here's a look at the history of the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and how much an investment at launch would be worth today. What Happened: Launched with seed funding of $6.5 million, the SPDR S&amp;P 500 ETF Trust<a href="https://www.benzinga.com/news/23/01/30529288/worlds-first-etf-turns-30-heres-how-much-money-youd-have-if-you-invested-1-000-when-it-launched" target="_blank" rel="noreferrer noopener"> became the first U.S. ETF </a>on Jan. 22, 1993.
The ETF was approved by the U.S. Securities and Exchange Commission several years after&nbsp;State Street Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STT#NYSE">STT</a>)&nbsp;applied for the fund.
Initial interest in the ETF was poor and the fund was almost closed before investors came around to the idea of using ETFs as investment vehicles.
The success of the SPY ETF led to other financial institutions launching similar ETFs that track the S&amp;P 500 Index, one of the largest and most well-known stock market indexes.
The&nbsp;iShares Core S&amp;P 500 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>)&nbsp;and&nbsp;Vanguard S&amp;P 500 Index Fund ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>)&nbsp;launched in 2000 and 2010, respectively.
Today, the three ETFs that track the S&amp;P 500 are the largest in the world according to&nbsp;<a href="https://etfdb.com/compare/market-cap/" target="_blank" rel="noreferrer noopener">ETFDB&nbsp;</a>with the following assets under management:
<ul>
<li>SPY:&nbsp;$623.5 million</li>
<li>VOO: $603.1 million</li>
<li>IVV: $594.2 million</li>
</ul>
After posting its worst one-year performance in more than a decade for the 2022 year, the S&amp;P 500 Index, which features 500 leading U.S. publicly traded companies, with a primary emphasis on market capitalization, saw outperformance in 2023, ending the year up over 20% and riding a streak of winning weeks. The ETF followed up the rebound with a 24.9% gain in 2024.
In 2024, the S&amp;P 500 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42678368/sp-500-hits-57-all-time-highs-in-record-breaking-2024-magnificent-7-drive-30-of-nasdaqs-surge">reached new all-time highs </a>on numerous occasions, boosted by soaring valuations for technology stocks.
Here are the current top&nbsp;<a href="https://www.ssga.com/us/en/institutional/etfs/funds/spdr-sp-500-etf-trust-spy" target="_blank" rel="noreferrer noopener">holdings&nbsp;</a>of the SPDR S&amp;P 500 ETF at the time of writing:
<ol>
<li>Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>): 6.7%</li>
<li>Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>): 6.6%</li>
<li>Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>): 6.2%</li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): 4.2%</li>
<li>Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>): 2.6%</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): 2.3%</li>
<li>Alphabet Inc Class A (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>): 2.3%</li>
<li>Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>): 2.2%</li>
<li>Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>): 1.9%</li>
<li>Berkshire Hathaway Class B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>): 1.7%</li>
</ol>
Read Also: <a href="https://www.benzinga.com/25/01/43059744/exclusive-can-sp-500-repeat-large-gains-from-donald-trumps-first-term-a-second-time-around-readers-say-this-return-range-most-likely">EXCLUSIVE: Can S&amp;P 500 Repeat Large Gains From Donald Trump&#8217;s First Term A Second Time Around? Readers Say This Return Range Most Likely</a>
Investing $1,000 in SPY Stock:&nbsp;While the idea of ETFs was new at the time, investors who followed State Street into the idea of a new investment vehicle to track the S&amp;P 500 would have been pleasantly rewarded.
The SPDR S&amp;P 500 ETF traded at around $43.61 in its first days of trading. A $1,000 investment could have purchased 22.93 shares at the time.
The $1,000 investment would be worth $13,930.20 today based on a price of $607.51 for the SPY at the time of writing. This represents a hypothetical return of $1,293.0% over the past 32 years.
Investors who bought the SPY on Jan. 22, 1993, based on a price of $25.02 adjusted for dividends would have an even larger return. The SPY has an adjusted price of $25.02 when adjusted for dividends, which means a $1,000 investment could have purchased 39.97 shares.
The $1,000 investment would be worth $24,282.17 today. This represents a hypothetical return of 2,328.2% over the past 32 years.
Read Next: 
<ul>
<li><a href="http://= https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/01/43041374/exclusive-how-high-will-sp-500-go-under-donald-trump-in-2025-readers-are-optimistic-26-say-this">EXCLUSIVE: How High Will S&amp;P 500 Go Under Donald Trump In 2025? Readers Are Optimistic, 26% Say This…</a></li>
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This article was previously published by Benzinga and has been updated.
Image: Shutterstock

Education

AVGO

GOOG

Happy Birthday S&P 500 SPY ETF! If You Invested $1,000 In SPY At Launch, Here's How Much You'd Have Today

The <a href="https://www.benzinga.com/etfs">ETF market is never dull</a>, and 2025 promises to be no exception. 
In a podcast discussion on Bloomberg, The ETF Store, Inc. President Nate Geraci, along with Bloomberg&#8217;s Eric Balchunas and Vilna Hyek shared their thoughts on what lies ahead. Here's a look at the predictions shaping the conversation.
First up: A fee war. Geraci believes we're about to see some serious competition among the biggest S&amp;P 500 ETFs. Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) and iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>) are duking it out to become the market favorite. 
With fees already thin at 0.02% and 0.03% respectively, any further cuts could make headlines. "It's about capturing that top spot," said Geraci. Vanguard has a history of passing cost savings to investors as funds grow. It's a win for consumers, but it could squeeze margins for providers.
Also See: <a href="https://www.benzinga.com/etfs/sector-etfs/25/01/43001690/exclusive-crypto-commodities-take-center-stage-volatility-2025-direxion-ceo">EXCLUSIVE: Direxion CEO Predicts Crypto, Commodities Will Take Center Stage Amid Volatility In 2025</a>
Coming to the second prediction, Geraci is optimistic that 2025 will bring a wave of approvals for spot Bitcoin and Ethereum ETFs, along with some altcoin-focused funds. Why now? The regulatory environment looks set to become more crypto-friendly, especially with potential leadership changes at the U.S. Securities and Exchange Commission. 
If Geraci is right, expect a flood of new options for investors looking to ride the crypto wave through ETFs.
Not every innovation, however, is a perfect fit for ETFs. Take private credit ETFs, for instance. While they sound intriguing, Geraci is skeptical. The biggest issue? Private credit is illiquid, and ETFs promise daily liquidity. Throw in potential conflicts of interest — like fund managers acting as both liquidity providers and valuation sources — and it's a recipe for disaster. "The structure just doesn't match the asset," he warned.
Tax efficiency is another trend that's gaining traction. Among those gaining popularity are structures like 351 exchanges, which let investors contribute stocks whose prices have appreciated, to an ETF, without triggering capital gains taxes. These setups aren't just about saving money — they also make ETFs a smarter tool for long-term planning.
Of course, the conversation wouldn't be complete without a word of caution. Leveraged single-stock ETFs have been grabbing attention, but they carry significant risks. Geraci is blunt about it: "It's only a matter of time before one of these implodes." Leveraged ETFs built around sensitive stocks are one sharp dip away from falling off the cliff.
So, what does all this mean for 2025? It's clear that the ETF market is evolving rapidly, with innovation and competition driving the next phase of growth. But as always, investors should keep an eye on the risks. As Geraci put it, "These aren't just investment calls — they're predictions about the forces reshaping the ETF industry." 
Here's hoping 2025 lives up to the hype.
Read Next: 
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<li><a href="https://www.benzinga.com/content/43076066/top-etfs-that-beat-the-market-in-2024-and-could-do-it-again">Top ETFs That Beat the Market in 2024 and Could Do It Again</a></li>
</ul>
Photo: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

ETFs In 2025: Fee Wars, Crypto Booms, And The Risks Ahead

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) stock gained Friday on reports claiming that <a href="https://www.benzinga.com/topic/intel" target="_blank" rel="noreferrer noopener">the struggling chipmaker</a> is an acquisition target. The stock has plunged 54% in the last 12 months.
Charlie Demerjian of SemiAccurate claimed an email about a resourceful company trying to <a href="https://www.semiaccurate.com/2025/01/17/sources-say-intel-is-an-acquisition-target/" target="_blank" rel="noreferrer noopener">acquire Intel wholly</a>. However, the report did not disclose the name of the acquirer or the purchase consideration for Intel.
Reportedly, CFO Dave Zinsner had acknowledged the possibility of selling Intel&#8217;s factory and product development divisions. Zinsner and Michelle Johnston Holthaus became <a href="https://www.benzinga.com/media/25/01/43004444/intel-plans-to-spin-off-5-billion-venture-capital-segment-will-remain-anchor-investor" target="_blank" rel="noreferrer noopener">Intel&#8217;s interim co-CEO</a> after the company fired veteran chief Pat Gelsinger as his turnaround efforts failed to impress the board.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/large-cap/25/01/43025761/ai-chip-stocks-gain-momentum-on-taiwan-semiconductor-performance-bidens-semiconductor-sanctions-kick-in" rel="noreferrer noopener">AI Chip Stocks Gain Momentum On Taiwan Semiconductor Performance; Biden&#8217;s Semiconductor Sanctions Kick In</a>
Benzinga has reached out to Intel for comments and will update on receiving their response.
Unlike Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) and Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Intel has failed to capitalize on the AI technology boom.
Intel also failed to make a mark with its AI accelerator business after the Gaudi chip lost out to competitors like Nvidia.
Intel also lost out on the <a target="_blank" href="https://www.benzinga.com/25/01/42826372/intel-struggles-to-compete-with-amd-and-nvidia-in-data-centers-and-ai-chips" rel="noreferrer noopener">PC gaming market</a> to Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>).
Under Gelsinger&#8217;s supervision, Intel restructured smaller divisions over the past two years and reduced its workforce in 2024.
Intel is spinning off its Altera chip division, aiming to make it a publicly traded company. However, it continues to own Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), Israel&#8217;s autonomous driving firm.
In 2024, Intel also sought to transform its foundry business into an independent unit.
Also this week, Intel <a target="_blank" href="https://www.benzinga.com//node/43004444" rel="noreferrer noopener">announced plans</a> to spin off Intel Capital into a standalone fund for greater independence and capital attraction.
Standalone Intel Capital will operate under a new name in late 2025, with Intel as an anchor investor.
Intel showcased&nbsp;an electric vehicle platform&nbsp;with AI and cloud tools at CES 2025, bagging&nbsp;Stellantis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), Stellantis Motorsports, and Karma Automotive as clients.
Investors can gain exposure to Intel through Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) and iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>).
<h2 class="wp-block-heading">Intel Stock Prediction For 2025</h2>
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
Shares of Intel have an average 1-year price target of $22.9, representing an expected upside of 7.56%.
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. 3 analysts have bearish recommendations on Intel, while 1 analysts have bullish ratings. The street high price target from Northland Capital Markets is $28.0, while the street low from Rosenblatt is $17.0.
Price Action: Intel stock is up 8.47% to $21.35 at the last check on Friday.
Also Read:
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<li><a href="https://www.benzinga.com/media/25/01/43038361/nvidia-continues-strong-demand-for-taiwan-semiconductors-advanced-packaging-despite-technology-shifts" target="_blank" rel="noreferrer noopener">Nvidia Continues Strong Demand for Taiwan Semiconductor&#8217;s Advanced Packaging Despite Technology Shifts</a></li>
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Movers

Tech

Media

INTC

MBLY

STLA

Intel Stock Gains On Speculative Buyout Report, Details Remain Unclear

BlackRock Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) discussed the role of exchange-traded funds (ETFs) in its growth strategy during its <a href="https://www.benzinga.com/25/01/42997625/blackrock-beats-q4-estimates-fueled-by-record-inflows-116-trillion-aum-milestone">fourth-quarter earnings commentary</a>. Its Q4 results showed significant achievements and robust momentum across its ETF business. The asset management giant reported $390 billion in ETF net inflows in 2024, representing 11% organic asset growth and 7% organic base fee growth.
Crunching The Inflow Numbers
The fourth quarter alone saw $143 billion in ETF inflows, driven by seasonal portfolio reallocations and investor re-risking as U.S. equity indices and spot Bitcoin prices hit record highs. iShares products helped clients diversify and invest in key investment themes.
ETFs are a core driver of BlackRock&#8217;s growth strategy. &#8220;Since our acquisition of iShares, Blackrock has led in expanding the market for ETFs by making them more accessible and by delivering new asset classes like bonds or crypto and investment strategies like Active. Approximately a quarter of our $390 billion of ETF net inflows were into products launched in the last five years,&#8221; said BlackRock CEO Larry Fink.
Notably, its Bitcoin ETP emerged as the largest ETF launch in history, amassing over $50 billion in assets under management (AUM) within a year. Active ETFs also had a great year, recording $22 billion in net inflows in 2024.
European Expansion
In Europe, BlackRock scaled its ETF platform considerably, with $90 billion in net inflows in the year, driving the European platform's AUM closer to $1 trillion. The region has seen double-digit organic growth for two straight years, thanks to the rise of individual investors using online platforms and ETF savings plans. Moreover, increasing financial education among first-time investors also enabled them to enter the markets.
A large part of BlackRock's growth story constitutes acquisitions, including GIP, Preqin, and HPS, which continues to complement the firm's long-term vision of integrated public and private markets and a larger suit of technology offerings. According to Bloomberg analyst Eric Balchunas, the iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>) raked in the second largest amount of inflows in 2024, at $86.8 billion. 
See Next: 
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<li><a href="https://www.benzinga.com/25/01/43015310/etfs-to-tackle-2025s-global-risks-insights-from-wef-at-annual-meeting-in-davos">Davos 2025: ETFs To Tackle Geopolitical, Climate, Cyber Risks</a></li>
</ul>
Photo: Shutterstock

Sector ETFs

BlackRock's ETF Business Excels In 2024 With Record $390 Billion Net Inflows

BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) experienced a year of exceptional growth in 2024, with $390 billion in net inflows into its exchange-traded funds, according to its <a href="https://www.benzinga.com/25/01/42997625/blackrock-beats-q4-estimates-fueled-by-record-inflows-116-trillion-aum-milestone">fourth-quarter earnings call</a>. Listed are a few iShares ETFs that could be of investors&#8217; interest.
What Happened: BlackRock ETFs&#8217; industry-leading performance resulted in 11% organic asset growth and a 7% increase in organic base fee revenue, said CFO Martin Small.
Its newly launched digital assets exchange-traded products saw a record inflow of $41 billion. The fourth quarter also saw strong inflows of $143 billion, driven by seasonal rebalancing which demonstrated significant year-end momentum, added Small.
The chairman and CEO, Larry Fink said that roughly 25% of the $390 billion inflows originated from products launched within the last five years. Active ETFs garnered $22 billion in net inflows during 2024, while Bitcoin ETP achieved record-breaking growth, surpassing $50 billion in assets under management within its first year.
&#8220;It was the third-highest asset gathering ETF in the entire ETF industry, behind only to the S&amp;P 500 index funds,&#8221; Fink said.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>ETFs</td>
<td>Six Month Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>iShares Bitcoin Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NYSE">IBIT</a>)</td>
<td>52.38%</td>
<td>129.13%</td>
</tr>
<tr>
<td>iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>)</td>
<td>4.87%</td>
<td>24.79%</td>
</tr>
<tr>
<td>iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>)</td>
<td>-0.25%</td>
<td>17.40%</td>
</tr>
<tr>
<td>iShares Core S&amp;P Total U.S. Stock Market ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITOT#NYSE">ITOT</a>)</td>
<td>5.20%</td>
<td>24.66%</td>
</tr>
<tr>
<td>iSharesTop 20 U.S. Stocks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOPT#NYSE">TOPT</a>)</td>
<td>5.48%</td>
<td>0.50%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42999475/amd-shares-hint-at-a-reversal-as-charts-show-bullish-stick-sandwich-following-a-double-downgrade-from-hsbc">AMD Shares Hint At A Reversal As Charts Show Bullish Stick Sandwich Following A Double Downgrade From HSBC </a>
Why It Matters: BlackRock delivered strong Q4 results, exceeding expectations. Revenue surged 23% year-over-year to $5.68 billion, surpassing the consensus estimate. Earnings per share also climbed 23% to $11.93, beating analyst forecasts.
Business&#8217; total net inflows for the quarter reached $281 billion, contributing to a record $641 billion in inflows for the full year. Assets under management expanded to $11.6 trillion, up from $10.0 trillion in 2023. Adjusted operating income surged 36% year-over-year to $2.33 billion, driven by a margin expansion to 45.5% from 41.6% in the prior year.
&#8220;From first-time individual investors to the most sophisticated institutions, ETFs are connecting investors to the growth of the capital markets around the world,&#8221; added Fink.
Price Action: BlackRock was down 0.12% in premarket on Thursday but the stock has risen by 0.05% over the last six months and 28.03% over a year.
BLK has a consensus price target of $948.09, according to the 22 analysts<a href="https://www.benzinga.com/quote/BLK/analyst-ratings"> tracked by Benzinga</a>. The high target is $1275, and the low is $540. Recent ratings by JP Morgan, Deutsche Bank, and JPMorgan suggest a $1099.67 target, implying an 8.34% upside.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/BLK/analyst-ratings"><img loading="lazy" decoding="async" width="943" height="360" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16080230/BLK-ANR.png" alt="" class="wp-image-736697" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16080230/BLK-ANR.png 943w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16080230/BLK-ANR-300x115.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16080230/BLK-ANR-768x293.png 768w" sizes="(max-width: 943px) 100vw, 943px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/25/01/43021065/cash-app-parent-block-inc-eyes-395-upside-bofa-believes-us-centric-re-acceleration-story-will-drive-the-stock">Jack Dorsey&#8217;s Block Eyes Over 39% Upside: BofA Says US-Centric Re-Acceleration Story Will Drive The Stock</a></li>
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Image via Shutterstock

New ETFs

Emerging Market ETFs

Currency ETFs

ITOT

QNXT

TOPT

BlackRock Generates Industry-Leading ETF Inflows Of $390 Billion In 2024: Here Are Five iShares ETFs That Investors Should Look Out For

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) <a href="https://www.benzinga.com/topic/intel" target="_blank" rel="noreferrer noopener">announced Tuesday its intention</a> to separate Intel Capital, its global venture capital arm, into a standalone fund.
The new fund will enable greater autonomy and the flexibility to <a target="_blank" href="https://www.businesswire.com/news/home/20250114487691/en/Intel-Capital-to-Become-Standalone-Investment-Fund" rel="noreferrer noopener">attract external capital</a>.
Intel will remain an anchor investor in the new company.
Also Read: <a href="https://www.benzinga.com/25/01/42983278/google-stock-boosted-by-ai-growth-cloud-expansion-and-cost-discipline-despite-doj-and-generative-ai-challenges-analyst" target="_blank" rel="noreferrer noopener">Google Stock Boosted By AI Growth, Cloud Expansion, Cost Discipline Despite DOJ And Generative AI Challenges: Analyst</a>
Established in 1991, Intel Capital is a leading corporate venture investor with over $5 billion in assets under management.
Standalone operations will likely begin in the second half of 2025 when Intel Capital will operate under a new name.
The existing Intel Capital team will move to the new company, and business operations will continue throughout the transition.
In December, Bloomberg highlighted CFO Dave Zinsner, who did not rule out the possibility of selling the company's <a href="https://www.benzinga.com/media/24/12/42482813/intel-cfo-hints-at-possible-division-split-as-company-struggles-to-recapture-moat" target="_blank" rel="noreferrer noopener">factory and product-development divisions</a>.
Zinsner took over the position of Intel's interim co-CEO along with&nbsp;Michelle Johnston Holthaus following Pat Gelsinger's exit.
Intel&nbsp;stock plunged over 59% in the last 12 months as it failed to capitalize on the shift to artificial intelligence technology akin to the likes of Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>). Nor Intel succeeded in turning around its AI accelerator chip business with the Gaudi chip akin to the likes of Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Intel restructured several smaller divisions under Gelsinger in the past two years and reduced its workforce in 2024.
Intel is <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41395473/intel-reportedly-considers-selling-minority-stake-in-altera-unit-for-17b-amid-market-challenges-" rel="noreferrer noopener">spinning off-chip division</a> Altera with plans to become a publicly traded company, CNBC <a target="_blank" href="https://www.cnbc.com/2025/01/14/intel-to-spin-off-venture-capital-arm-can-raise-outside-money.html" rel="noreferrer noopener">reports</a>. It also owns the largest&nbsp;<a target="_blank" href="https://www.benzinga.com/m-a/24/09/41069587/whats-going-on-with-intel-stock-on-friday" rel="noreferrer noopener">Israeli autonomous driving company</a>, Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>). In 2024, Intel tried to turn its foundry business into an independent unit.
Investors can gain exposure to Intel through Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) and iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>).
Price Action: Intel stock is up 0.10% to $19.22 premarket at the last check on Wednesday.
Also Read:
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<li><a href="https://www.benzinga.com/trading-ideas/25/01/42983710/ibm-globant-epam-top-it-bets-for-2025-driven-by-demand-trends-and-margin-expansion-analyst" target="_blank" rel="noreferrer noopener">IBM, Globant, EPAM Top IT Bets For 2025, Driven by Demand Trends And Margin Expansion: Analyst</a></li>
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Image: Shutterstock

Intel Plans To Spin Off $5 Billion Venture Capital Segment, Will Remain Anchor Investor

On Monday, the greenback climbed <a href="https://www.benzinga.com/topic/us-dollar">to its highest levels</a> in over two years. Investors in ETFs tracking the S&amp;P 500, such as the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>), and iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>), might be wondering: What does this mean for my portfolio?
See Also: <a href="https://www.benzinga.com/general/market-summary/25/01/42968927/us-stocks-poised-to-gain-a-day-after-tech-stocks-dragged-nasdaq-down-analyst-calls-markets-overly-optimistic-as-sp-500-trades-at-23x-forward-earnings">US Stocks Poised To Gain A Day After Tech Stocks Dragged Nasdaq Down: Analyst Calls Markets &#8216;Overly Optimistic&#8217; As S&amp;P 500 Trades At 23x Forward Earnings</a>
<h3 class="wp-block-heading">A Strong Dollar's Impact On Earnings</h3>
When the dollar strengthens, U.S. multinational companies with significant foreign revenue face headwinds. This is because their international earnings must be converted back into dollars, often causing erosion in revenue growth. Roughly 30% of the S&amp;P 500&#8217;s revenues come from overseas, leaving the index moderately exposed to this trend, according to Goldman Sachs' Chief U.S. Equity Strategist David Kostin, as <a href="https://finance.yahoo.com/news/3-trends-watch-earnings-season-034306522.html">cited </a>by Business Insider.
During the upcoming earnings season, Kostin predicts fewer companies will beat consensus sales forecasts. However, let&#8217;s dig deeper to see if that will be a hindrance for ETFs carrying stocks of those companies in their portfolios.
<h3 class="wp-block-heading">ETFs Tracking S&amp;P 500 Index In A Strong Dollar Environment</h3>
According to another Business Insider <a href="https://markets.businessinsider.com/news/currencies/dollar-rally-earnings-season-inflation-rate-cuts-mike-wilson-2025-1?utm_medium=referral&amp;utm_source=yahoo.com">report</a>, Morgan Stanley&#8217;s Chief U.S. Equity Strategist Mike Wilson said that a soaring dollar increases earnings dispersion. In other words, companies less dependent on foreign sales are better positioned to weather currency storms, while those with high overseas exposure, especially large caps, might struggle.
Wilson noted that thanks to the lower exposure of the S&amp;P 500 Index to foreign revenue exposure, the dollar&#8217;s impact on index-level earnings is relatively muted. However, sector-specific outcomes will vary, he said. Sectors with the highest foreign exposure are, according to Wilson, household products, food and beverage, and technology hardware. For ETFs tracking the broad S&amp;P 500 index, although diversification can mitigate the impact of a strong dollar, the exposure to large-cap S&amp;P 500 stocks, especially tech stocks, can be a risk to performance.
For instance, companies like Apple and Microsoft generate significant overseas revenue and could face headwinds. On the flip side, domestic-focused sectors such as financials, utilities, and healthcare, with more U.S.-centric revenue streams, might see steadier performance. However, holdings of ETFs like SPDR S&amp;P 500 ETF Trust, Vanguard S&amp;P 500 ETF, and iShares Core S&amp;P 500 ETF lean more toward the Technology sector.
This earnings season, the dollar might steal some headlines, but for well-diversified ETF holders, it's just another piece of the broader market puzzle.
See Next: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42974672/dogecoin-jumps-10-shiba-inu-gains-6-bitcoin-climbs-to-96500-despite-284m-etf-outflows-expert-predictions-us-chip-sanctions-challenge-nvidia-open-opportunities-for-big-tech-top-headlines-while-the-us-slept">Bitcoin Climbs To $96,500 Despite $284M ETF Outflows: Expert Predictions; US Chip Sanctions Challenge Nvidia, Open Opportunities for Big Tech – Top Headlines While The U.S. Slept</a></li>
</ul>
Photo: Shutterstock

Strong Dollar's Ripple Effect: What It Means For S&P 500 ETFs

On Monday, Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) secured several major defense contracts, solidifying its role as a key player in <a target="_blank" href="https://www.defense.gov/News/Contracts/Contract/Article/4016173/" rel="noreferrer noopener">U.S. military and allied operations</a>.
The company received a $3.37 billion modification to an existing agreement, expanding logistics support for the F-35 Lightning II Joint Strike Fighter program.
This initiative encompasses ground maintenance, pilot training, supply chain management, and depot activities for the Air Force, Marine Corps, Navy, Foreign Military Sales (FMS) customers, and other partners.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42658286/metas-ai-powered-ad-growth-and-expanding-user-base-drive-analyst-optimism" rel="noreferrer noopener">Meta User Base, AI-Powered Ad Growth Drive Analyst Optimism</a>
Work will occur in Texas, Florida, South Carolina, Georgia, and California, with completion anticipated by December 2025.
Lockheed Martin has also won a $335.7 million contract modification for the F-35 Joint Strike Fighter program. This deal supports various 2025 activities, including aircraft induction, field and depot site support, and specialized equipment procurement.
The funds come from multiple sources, including Navy and Air Force procurement budgets and contributions from FMS customers and program partners. Work will primarily occur in Fort Worth, Texas, and will likely conclude by the end of 2025.
The company&#8217;s Moorestown, New Jersey division secured a $10.5 million contract to continue engineering and development for the AEGIS Combat System.
The project, focusing on delivering advanced weapon system capabilities for the Navy&#8217;s FFG 62 program, will run until March 2025. Separately, Lockheed Martin&#8217;s Orlando, Florida unit received a $71.6 million contract to provide depot-level support for Apache attack helicopters, with an estimated completion date of December 2025.
Lockheed Martin stock gained 7% year-to-date. Elon Musk&#8217;s <a target="_blank" href="https://www.benzinga.com/news/24/12/42525698/as-elon-musk-takes-on-lockheed-martin-made-f-35s-experts-question-feasibility-of-replacing-manned-fighter-jets-with-drones" rel="noreferrer noopener">recent push for drone warfare</a> over traditional manned aircraft has sparked debate among experts regarding its feasibility.
Musk criticized Lockheed Martin&#8217;s F-35 stealth fighter program, advocating for the use of drone swarms, which he showcased in a video, and questioning the continued investment in piloted jets. Musk, a Donald Trump ally, is a co-lead of Trump&#8217;s Department of Government Efficiency (DOGE).
Goldman Sachs <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42468190/defense-stocks-face-headwinds-as-trumps-doge-targets-spending-cuts-goldman-sachs-downgrades-general-dynamics-to-sell" rel="noreferrer noopener">maintained a Sell rating</a> on Lockheed Martin, citing concerns about the F-35 program, which DOGE leadership has identified as a potential cost-cutting target.
Analyst Noah Poponak highlighted risks to margins and spending, noting that Lockheed&#8217;s free cash flow is projected to remain flat over the coming years. Poponak also pointed out the stock&#8217;s high valuation, trading at 23 times estimated 2025 earnings, which he considers a steep premium given these challenges.
Investors can gain exposure to Lockheed Martin through Vanguard Total Stock Market ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTI#NYSE">VTI</a>) and iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>).
Price Action:&nbsp;LMT stock traded higher by 0.52% to $489.01 premarket at the last check on Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42645821/elon-musks-xai-expands-with-new-chatbot-app" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s xAI To Expand With New Chatbot App</a></li>
</ul>
Photo via Shutterstock

Government

Regulations

Lockheed Martin Secures $3.37 Billion F-35 Contract And More

Exchange-traded funds are rewriting the financial playbook, with 2024 marking a historic <a href="https://www.benzinga.com/etfs">year for the industry.</a>
From record-breaking flows to innovative fund launches, Bank of America detailed $1.6 trillion in ETF inflows this year in a new note. The global ETF market has grown to a staggering $15.1 trillion in assets under management. 
Additionally, ETF launches hit an all-time high of 1,485 in 2024, and institutional ownership continues to surge, cementing ETFs as the cornerstone of modern investment strategies. 
Here's how the ETF ecosystem is evolving — and why it matters.
<h3 class="wp-block-heading">Record Year for ETF Growth</h3>
The numbers speak for themselves: over the last five years, the global ETF market has grown at a robust 19% annualized rate, amassing more than $15 trillion in assets under management. 
In total, 15,866 ETFs have been created since 1993, with 2024 alone contributing 1,485 of those — a record for both active and U.S.-listed ETFs.
Institutional investors, retail traders and even cash-strapped mutual funds are gravitating toward ETFs for their liquidity, tax efficiency and cost advantages.
<h3 class="wp-block-heading">The Rise of Active ETFs: A Balancing Act</h3>
While ETFs have historically been dominated by passive strategies, active ETFs are making their presence known. Active funds accounted for 18% of total inflows in 2024, signaling a growing appetite for alpha strategies.
Still, passive funds remain the kingpin, representing over 50% of equity fund assets by AUM. 
In fact, 93% of ETFs track some type of index, but the allure of active management is pushing innovation. 
Investors seeking more active strategies in passive funds are also driving mutual fund-to-ETF conversions. According to Bank of America, this trend is likely to accelerate in the coming years as mutual funds struggle to remain relevant.
<h3 class="wp-block-heading">SPY vs. VOO: New ETF Champion in the Making?</h3>
The SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) remains the largest and most actively traded ETF since its inception in 1993. But its throne is being challenged.
Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) has a 6.5-basis-point lower expense ratio compared to SPY and could potentially surpass it in AUM by 2026.
In 2024, VOO registered more than six times the inflows obtained by SPY. 
<h3 class="wp-block-heading">Fund Flows: The Biggest Winners of 2024</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>ETF</th>
<th>Fund Flows YTD</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vanguard S&amp;P 500 ETF (VOO)</td>
<td>$122.75 billion</td>
</tr>
<tr>
<td>iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>)</td>
<td>$48.97 billion</td>
</tr>
<tr>
<td>iShares Bitcoin Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NYSE">IBIT</a>)</td>
<td>$37.04 billion</td>
</tr>
<tr>
<td>Vanguard Total Stock Market ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTI#NYSE">VTI</a>)</td>
<td>$29.96 billion</td>
</tr>
<tr>
<td>Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)</td>
<td>$25.38 billion</td>
</tr>
<tr>
<td>iShares Core U.S. Aggregate Bond ETF (AGG)</td>
<td>$20.62 billion</td>
</tr>
<tr>
<td>SPDR Portfolio S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPLG#NYSE">SPLG</a>)</td>
<td>$19.91 billion</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: TradingView as of Dec. 19, 2024. </figcaption></figure>
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42594797/trump-wants-to-get-rid-of-the-debt-ceiling-30-year-treasury-bonds-fall-to-2024-lows-stocks-cut-gains">Trump Would &#8216;Lead The Charge&#8217; To Scrap Debt Ceiling: 30-Year Treasury Bonds Slide To 2024 Lows, Stocks Cut Gains</a></li>
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Analyst Color

SPLG

ETF Market Sets Records In 2024 As Inflows Reach $1.6 Trillion: 7 Funds Leading Charge

As the holiday shopping season begins to ramp up, the Consumer Discretionary sector is making waves. It is outperforming <a href="https://www.benzinga.com/topic/s-p-500-index">the broader S&amp;P 500 Index</a>. The sector posted an impressive 11.02% gain in November, significantly outpacing the S&amp;P 500&#8217;s 3.42% increase.
The Consumer Discretionary Select Sector SPDR ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) serves as a barometer of companies in the consumer discretionary sector in the U.S. The S&amp;P 500 Index, which tracks the board market, is mostly widely tracked by the SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), the iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>), and the Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>).
Driving the sector's strength are notable names like Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Garmin Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRMN#NYSE">GRMN</a>), and Tapestry Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>), all of which posted massive gains in November, signaling robust consumer spending trends and holiday optimism.
<h2 class="wp-block-heading">Tesla: Powering Ahead With A 33% Surge</h2>
With a dominant 17.51% weight in the Consumer Discretionary index, Elon Musk&#8216;s Tesla remains a force to be reckoned with, soaring 33% in November. The electric vehicle giant&#8217;s continued innovation and market leadership in EVs, paired with strong investor sentiment, have propelled it to the front of the pack. 
Whether it&#8217;s the new vehicle models or expanded global reach, Tesla&#8217;s meteoric rise is hard to ignore.
Read Also: <a href="https://www.benzinga.com/24/12/42262279/a-year-after-teslas-first-cybertruck-deliveries-the-truck-has-a-long-way-to-go-to-meet-musks-goals">A Year After Tesla&#8217;s First Cybertruck Deliveries, The Truck Has A Long Way To Go To Meet Elon Musk&#8217;s Goals</a>
<h2 class="wp-block-heading">Garmin: Navigating To New Heights</h2>
Garmin Ltd. also made waves, with a solid 27.86% jump. Despite its smaller index weight of 0.82%, Garmin&#8217;s strong performance is a testament to the brand's loyal customer base and continued innovation in GPS technology and fitness wearables. 
As consumers look to track their health, fitness, and travel plans this season, Garmin is in the driver's seat.
<h2 class="wp-block-heading">Tapestry: A Fashionable Trendsetter</h2>
Tapestry, the parent company of luxury brands like Coach and Kate Spade, saw a robust 27.02% gain in November, securing its place as a leading performer. The company's strong product offerings and growing consumer demand for luxury goods are positioning it for a stellar holiday season.
With a 0.36% weight in the index, Tapestry is a notable outlier, proving that even in challenging times, consumers are willing to splurge on high-quality fashion.
<h2 class="wp-block-heading">Other Standouts</h2>
It's not just the big names; a slew of other Consumer Discretionary stocks also posted solid gains in November. Booking Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) was up 17.49% and Expedia Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) gained 16.22%, benefiting from increased travel demand as holiday plans ramp up.
Cruise operators Royal Caribbean Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), up 16.16%, and Carnival Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>), up 15.07%, surged amid optimism around travel bookings. Outdoor apparel maker Deckers Outdoor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>), rising 15.58%, and Domino's Pizza Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>), up 15.26%, also stood out as consumers embraced leisure and discretionary spending.
The strong showing of the Consumer Discretionary sector signals that Americans are feeling confident about their spending habits heading into the holiday season. 
With top performers like Tesla, Garmin, and Tapestry leading the charge, the sector is on track to continue its upward momentum. As the holidays approach, investors may want to keep a close eye on these names as they navigate the season of giving.
Read Next: 
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<li><a href="https://www.benzinga.com/24/12/42265010/amazon-and-walmart-dominate-black-friday-as-online-sales-soar-146">Amazon And Walmart Dominate Black Friday As Online Sales Soar 14.6%</a></li>
</ul>
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DECK

EXPE

GRMN

Select Sector SPDR-Consumer Discretionary

Holiday Momentum Pushes Retail, Leisure Stocks Past S&P 500 – Tesla, Garmin, Tapestry Stand Out

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas">many investors&#8217; favorite stocks</a> over the last week — here&#8217;s a look at some of our top stories.
The Dow rose 1.4% this week, lifting its November gain to 7.5%, while the S&amp;P 500 and Nasdaq Composite advanced 1.1%, ending the month up over 5% and 6%, respectively, marking the Dow and S&amp;P 500's best months of 2024. 
In a shortened trading week, President-elect Donald Trump shook markets by announcing a 25% tariff on imports from Mexico and Canada and a 10% hike on Chinese goods, aiming to address drug trafficking and illegal immigration. 
The Mexican peso and Canadian dollar tumbled to multi-year lows before stabilizing as investors reassessed the potential impact. Despite trade war concerns, broader equity markets remained strong, with small-cap stocks, tracked by the iShares Russell 2000 ETF, surging <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42250351/trumps-proposed-tariffs-target-mexico-canada-us-automakers-wall-street-shrugs-off-concerns-soars-to-record-highs-this-week-in-the-markets">to fresh all-time highs</a>.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.
<h3 class="wp-block-heading">The Bulls</h3>
&#8220;<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/42200429/elon-musk-is-responsible-for-palantir-stock-rally-jim-cramer-says">Elon Musk Is Responsible For Palantir Stock Rally, Jim Cramer Says</a>,&#8221; by <a href="https://www.benzinga.com/author/adam-eckert">Adam Eckert</a>, highlights Jim Cramer attributing Palantir Technologies Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) 275% YTD rally to Elon Musk's influence in the Department of Government Efficiency, which is expected to bolster Palantir's defense-related AI business.
&#8220;<a href="https://www.benzinga.com/24/11/42176396/amazon-anthropic">Amazon&#8217;s $8 Billion Investment In AI Developer Anthropic &#8216;Mutually Beneficial,&#8217; Says Analyst</a>,&#8221; by <a href="https://www.benzinga.com/author/erica-kollmann">Erica Kollmann</a>, reports on Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) expanding its AI partnership with Anthropic through an $8 billion investment, as a BofA Securities analyst highlights benefits for both, including enhanced AWS capabilities and cost savings for Anthropic's model training using Amazon&#8217;s custom Trainium chips.
&#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42208108/surge-in-bitcoin-dogecoin-and-other-cryptos-boosting-home-ownership-among-low-income-americans-says-treasury-department">Surge In Bitcoin, Dogecoin And Other Cryptos Boosting Home Ownership Among Low-Income Americans, Says Treasury Department</a>,&#8221; by <a href="https://www.benzinga.com/author/aniket-verma">Aniket Verma</a>, highlights a U.S. Treasury report linking gains in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) to increased homeownership among low-income households, with areas heavily invested in crypto seeing homeownership rise from 4.1% in 2020 to 15.4% in 2024.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/24/11/42176317/exclusive-small-caps-hit-records-yet-russell-2000-is-still-very-discounted-relative-to-the-sp-500-expert-says">EXCLUSIVE: Small Caps Hit Records As Expert Says Russell 2000 &#8216;Still Very Discounted&#8217; Compared To S&amp;P 500</a>
<a href="https://www.benzinga.com/media/24/11/42168509/amd-teams-up-with-taiwan-semi-to-take-on-samsung-in-smartphone-market">AMD Teams Up With Taiwan Semi To Take On Samsung In Smartphone Market</a>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42170135/its-the-most-wonderful-time-of-the-year-for-the-stock-market-history-says">&#8216;It&#8217;s The Most Wonderful Time Of The Year&#8217; For The Stock Market, History Says</a>
The Bears
&#8220;<a href="https://www.benzinga.com/24/11/42181771/rivian-ceo-tesla-exec-slam-restrictions-on-direct-to-customer-sales">Rivian CEO, Tesla Exec Slam Restrictions On Direct-To-Customer Sales: RJ Scaringe Says It Is &#8216;As Close As You Can Get To Corruption&#8217;</a>,&#8221; by <a href="https://www.benzinga.com/author/anan-ashraf">Anan Ashraf</a>, highlights Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) CEO RJ Scaringe and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) executive Sendil Palani criticizing state laws barring direct-to-consumer sales, calling them anti-competitive and driven by dealer-backed lobbying, with Scaringe describing the system as "close to corruption."
&#8220;<a href="https://www.benzinga.com/general/health-care/24/11/42168118/pharma-bro-martin-shkreli-tells-investors-to-short-sava-stock-falls-over-80-after-phase-3-update">‘Pharma Bro' Martin Shkreli Tells Investors To ‘Short SAVA,' Stock Falls Over 80% After Phase 3 Update</a>,&#8221; by <a href="https://www.benzinga.com/author/chris-katje">Chris Katje</a>, details Martin Shkreli's accurate prediction of an 80% drop in Cassava Sciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVA#NASDAQ">SAVA</a>) stock after Phase 3 results for its Alzheimer's drug Simufilam failed to meet primary endpoints, leading to widespread investor disappointment.
&#8220;<a href="https://www.benzinga.com/news/small-cap/24/11/42170206/nano-nuclear-stock-plunges-after-60-million-private-placement-offering-details">Nano Nuclear Stock Plunges After $60 Million Private Placement Offering: Details</a>,&#8221; by <a href="https://www.benzinga.com/author/lekha-gupta">Lekha Gupta</a>, reports Nano Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) stock dropped following a $60 million private placement involving 2.5 million shares at $24.00 each and 2.5 million warrants at $26.00, raising cash reserves to over $120 million to support microreactor advancements and strategic growth plans.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/news/global/24/11/42180906/larry-summers-warns-trump-policies-could-trigger-far-larger-stimulus-to-inflation-than-bidens-actions-as-sp-500-surges-markets-go-up-markets-go-down">Larry Summers Warns Trump Policies Could Push Prices Higher Than Biden&#8217;s Actions: Markets Not A Good Predictor Of Inflation</a>
<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42180180/peter-schiff-warns-trumps-bitcoin-support-could-lead-to-economic-chaos-make-america-weaker-as-wall-street-misallocates-bigly">Peter Schiff Warns Trump&#8217;s Bitcoin Support Could Lead To Economic Chaos, Make America &#8216;Weaker&#8217; As Wall Street Misallocates &#8216;Bigly&#8217;</a>
<a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42202496/goldman-sachs-expects-major-selloffs-in-canadian-dollar-mexican-peso-says-trump-tariffs-threaten-usmca-agreement">Goldman Sachs Expects Major Selloffs In Canadian Dollar, Mexican Peso, Says Trump Tariffs Threaten USMCA Agreement</a>
Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.
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Benzinga Bulls And Bears: Amazon, Tesla, Rivian, Palantir And How Dogecoin Helped Low-Income Families Achieve Homeownership

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