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Jordan Bardella and Nigel Farage signed a “memorandum of understanding” at Reform’s conference today (Alamy) 3 min read2 hr Nigel Farage has unveiled a pact agreed with French far-right politician Jordan Bardella at his party’s conference, declaring it would “stop the boats forever”. The Reform UK leader joined the president of France’s National Rally party on stage in Birmingham to sign a “memorandum of understanding”, which the pair said would be enacted if they both got into power. Farage said the most significant part was an agreement that “the United Kingdom will intercept boats which launched from…
Warren Buffett was critical of a stock market that he said is increasingly driven by speculative trading, as opposed to investing for the long term. “It’s tough to find values when everybody is preferring gambling,” Buffett told CNBC’s Becky Quick.The chairman of Berkshire Hathaway had sharp words on the stock market earlier this year. In May, he likened it to “a church with a casino attached,” specifically calling out the surge in one-day options trading as “gambling.” The stock market has rallied to all-time highs this year, climbing a wall of worry that included an energy shock from an ongoing…
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JPMorgan Equity Premium Income ETF (Symbol: JEPI) where we have detected an approximate $274.5 million dollar inflow — that’s a 0.6% increase week over week in outstanding units (from 799,275,000 to 804,075,000). Among the largest underlying components of JEPI, in trading today Mastercard Inc (Symbol: MA) is off about 0.5%, EOG Resources, Inc. (Symbol: EOG) is down about 0.9%, and Mondelez International Inc (Symbol: MDLZ) is lower by about 2.2%. For a complete list of holdings, visit the JEPI Holdings…
When development companies put their funds behind a project, there is always the risk that things will not go the way they intended. Two resorts in Miami Beach filed for Chapter 11 bankruptcy within a few weeks of each other in March 2026, while at the end of last year, the company behind well-known New York City hotels such as The Tuscany and Hotel 27 shut down operations in a situation that left guests from different parts of the world struggling to find last-minute accommodations at Manhattan rates. The latest development company to file for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the…
Ondas stock has wavered in the past few months, moving from last year’s high of $15.30 to the current $7.6 mirroring the performance of other drone companies. ONDS was trading at $7.61, down by over 50% from its all-time high.This retreat has coincided with the ongoing performance of companies in the drone industry. AeroVironment stock has plunged by over 65% from its all-time high, while Kratos Defense & Securities (KTOS) is down by 64% from its peak. Other top companies like Red Cat Holdings, Unusual Machines, and Draganfly have all plunged. This plunge is happening even as demand for drones continue…
An F/A-18F Super Hornet, attached to Strike Fighter Squadron (VFA) 41, prepares to launch from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72).Courtesy: U.S. NavyA ramp-up in fighting between the U.S. and Iran over the weekend has left Wall Street reconsidering its expectations for the war’s economic impact.The U.S. completed its 10th straight night of strikes against Iran on Monday, after the Houthis in Yemen declared a maritime embargo against Saudi Arabia. This comes after a third service member died amid recent fighting that could mean the war is entering a longer-term and deadlier era. President…
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Large Cap Value ETF (Symbol: PWV) where we have detected an approximate $493.0 million dollar inflow — that’s a 26.2% increase week over week in outstanding units (from 22,760,000 to 28,720,000). Among the largest underlying components of PWV, in trading today PepsiCo Inc (Symbol: PEP) is off about 1.3%, Target Corp (Symbol: TGT) is down about 0.2%, and Regeneron Pharmaceuticals, Inc. (Symbol: REGN) is lower by about 1.6%. For a complete list of holdings, visit the PWV Holdings page…
Motional and MIT researchers have built a system that lets self-driving cars explain their decisions in real-time, tackling the black-box problem in autonomous vehicle AI.The work, published in Nature, comes from a team at Motional that includes CEO Laura Major, working alongside researchers from MIT’s Computer Science and Artificial Intelligence Laboratory. Their proposed method, called the Concept-Wrapper Network or CW-Net, aims to translate the internal calculations of a self-driving system’s neural network into concepts a human can actually read.If a current self-driving car brakes hard on a clear road with no obvious hazard in sight, neither the driver nor a…
Green Party leader Zack Polanski will stand in the by-election triggered by Keir Starmer’s resignation as an MP. (Alamy) 2 min read03 September Green Party leader Zack Polanski has announced his intention to stand in the Holborn and St Pancras by-election triggered by former prime minister Keir Starmer’s resignation as the local MP. Polanski told the local newspaper, Camden New Journal, he was “so excited by the prospect of representing” the North London constituency in an interview published on Thursday. “I have lived and worked in this community over many years, I know it well and I love…
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the State Street SPDR S&P Biotech ETF (Symbol: XBI) where we have detected an approximate $289.4 million dollar inflow — that’s a 2.6% increase week over week in outstanding units (from 68,425,000 to 70,175,000). Among the largest underlying components of XBI, in trading today Twist Bioscience Corp (Symbol: TWST) is off about 1.4%, Apogee Therapeutics Inc (Symbol: APGE) is trading flat, and Kymera Therapeutics Inc (Symbol: KYMR) is lower by about 1.1%. For a complete list of holdings, visit the XBI…
