Coinbase on S&P 500, Novavax vaccine, Tesla: Trending Tickers
The US Food and Drug Administration (FDA) approves Novavax's (NVAX) COVID-19 vaccine, sending the pharmaceutical stock surging.
Tesla (TSLA) is adding former Chipotle Mexican Grill (CMG) CFO Jack Hartung to its board of directors, effective June 1, when Hartung will be stepping down as the restaurant chain's president and chief strategy officer.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
14 minutes ago
- Business Insider
Top 10 countries with the highest reserves of foreign exchange and gold 2025
Countries with substantial foreign exchange and gold reserves are better positioned to preserve stability and safeguard their national interests at a period of rising economic instability, geopolitical tensions, and volatile commodities markets. Business Insider Africa presents the top 10 countries with the highest reserves of foreign exchange and gold 2025. This list is courtesy of Global Firepower. China ranks number 1 on the list. These reserves, which are composed of gold holdings and foreign currencies like the US dollar and euro, act as a vital financial buffer. Their significance is represented in international rankings like those created by Global Firepower, which monitors national capabilities like economic strength and defense readiness. Large gold and foreign exchange reserves provide a number of strategic benefits for many nations, particularly those in Africa and the Global South. They serve as a safety net in times of emergency, to start. Countries with large reserves can utilize them to stabilize their currency, pay for necessary imports, or satisfy international debt commitments without going into default, regardless of the circumstances, a sudden economic shock, a pandemic, or a decline in commodity prices. For economies that rely heavily on imports and are impacted when the native currency depreciates, this is especially important. For example, nations with more robust reserves fared better during the COVID-19 epidemic and the Russia-Ukraine conflict. Reserves also help to maintain currency stability. Reserves are a tool that central banks can employ to curb excessive currency volatility and interfere in foreign exchange markets. Furthermore, they increase investor trust and global credibility. Strong economic management and resilience are indicated by high reserves, and this can result in improved credit ratings and cheaper borrowing rates on global markets. Countries that seem prepared and fiscally sound have a higher chance of receiving loans or investments from international organizations. With that said, here are the countries in the world with the highest reserves of foreign exchange and gold, according to Global Firepower. Top 10 countries with the highest reserves of foreign exchange and gold 2025 Rank Country Reserves of Foreign Exchange and Gold by Country (2025) 1. China $3,450,000,000,000 2. Japan $1,295,000,000,000 3. Switzerland $863,892,000,000 4. United States $773,426,000,000 5. India $627,793,000,000 6. Russia $597,217,000,000 7. Taiwan $492,635,000,000 8. Saudi Arabia $457,949,000,000 9. South Korea $420,930,000,000 10. Singapore $359,835,000,000
Yahoo
42 minutes ago
- Yahoo
5 Simple ETFs to Buy With $1,000 and Hold for a Lifetime
Key Points The Vanguard 500 ETF is a solid core holding nearly any investor should own. The Vanguard Growth ETF and Invesco QQQ Trust are two great growth ETFs. The Schwab U.S. Dividend Equity ETF is great for those seeking a solid yield. 10 stocks we like better than Vanguard S&P 500 ETF › When it comes to building long-term wealth, often times simplicity works best. You don't need to chase the hottest stock or time the market. What you do need are a few core positions you can buy, hold, and consistently dollar-cost average into. Exchange-traded funds (ETFs) are one of the best investments to do just that. Here are five ETFs that I think are perfect for long-term investors. You don't need to own all of them, but if you've got $1,000 to put to work, any of these would be a smart place to start. Just remember that $1,000 is just a starting point, and it's best to consistently invest into ETFs each month over time. Vanguard S&P 500 ETF If I could only pick one ETF to hold for the next 30 years, the Vanguard S&P 500 ETF (NYSEMKT: VOO) would be it. It tracks the 500 largest companies in the U.S., essentially giving you a slice of the entire U.S. economy. You get instant exposure to the market's biggest companies, which also just so happen to be some of the market's biggest winners. The ETF's expense ratio also incredibly low. It's just 0.03%, which means nearly every dollar you put into the fund is working for you. Over the past 10 years, it's produced an average annual return of around 13.6%, as of the end of June. That kind of consistency makes it one of the most reliable long-term investments out there. Vanguard Growth ETF If you want to lean more into tech and high-growth names, the Vanguard Growth ETF (NYSEMKT: VUG) is the investment for you. It still gives you broad exposure to large-cap stocks, but it focuses on companies with strong earnings and sales growth. That means you're getting more exposure to companies like Nvidia and Amazon. The ETF, which follows the CRSP US Large Cap Growth Index, currently holds around 165 stocks. The ETF's focus on growth has paid off with market-beating returns. Over the past 10 years, the Vanguard Growth ETF has returned an average of 16.2% annually, as of the end of June, easily outpacing the broader market. With an expense ratio of just 0.04%, it's also cost-effective. You're not getting the same diversification as the S&P 500, which means you could see more volatility at times. However, if you believe tech and innovation will continue to lead the market -- and I do -- this is a solid way to get more exposure without having to pick winners yourself. Invesco QQQ Trust Another simple, growth-oriented ETF to own is the Invesco QQQ Trust (NASDAQ: QQQ). The ETF tracks the Nasdaq-100, which includes the 100 largest non-financial stocks listed on the Nasdaq exchange. Not surprisingly, that means it is heavily concentrated in tech and consumer names. This ETF has consistently been one of the best performers out there. Over the past 10 years, it's returned 18.7% annually, as of the end of June. Even more impressive is that it's outperformed the S&P 500 more than 87% of the time on a rolling-12-month basis over the past decade. That type of performance is hard to ignore. Its top holdings read like a who's who of Silicon Valley: Apple, Microsoft, Nvidia, Amazon, and Alphabet, to name a few. That said, the weightings of its top holdings are a bit more spread out than some other tech-heavy ETFs, including the Vanguard Growth ETF. It does carry a slightly higher expense ratio at 0.2%, but for the performance you're getting, it's more than fair. If you're comfortable with a little more volatility in exchange for long-term upside, the Invesco QQQ Trust should be on your short list of ETFs to buy right now. Schwab U.S. Dividend Equity ETF While technology is a hot sector, not every investor is looking to go all-in on tech stocks. For investors with more interest in income and value stocks, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is a great option. It tracks the Dow Jones U.S. Dividend 100 Index, which is focused on companies with strong dividend histories and solid fundamentals. It also has a low expense ratio of just 0.06%. The ETF currently has a yield of nearly 4%, giving investors a solid source of income. This fund isn't just investing in high-yield stocks, though; it is looking for ones that have strong track records of consistently increasing their dividends over time. While the ETF has not been putting up the same type of performance as growth-stock oriented ETFs, it has still been a solid performer. It has generated an average annual return, including dividends, of 11.2%, as of the end of June. That's better than most value-focused ETFs over the same stretch. If you're building a portfolio for retirement or just want a ballast in a growth-heavy portfolio, the Schwab U.S. Dividend Equity ETF fits the bill. Vanguard International High Dividend Yield ETF The simple fact is that most investors are underexposed to international stocks. The Vanguard International High Dividend Yield ETF (NASDAQ: VYMI) can help fix that predicament. This ETF focuses on non-U.S. companies with above-average dividend yields. Over 40% of its portfolio is in European names, with the rest split between Asia-Pacific and emerging markets. It's been the second-best-performing ETF in Vanguard's lineup so far this year, up 20.7% as of July 16, trailing only one that solely focuses on Europe. It's also been Vanguard's top-performing international-focused ETF over the past five years, with an average annual return of around 14.5%, as of the end of June. That's impressive given how long international markets have lagged the U.S. If you're looking to round out your portfolio with some international exposure, the Vanguard International High Dividend Yield ETF is worth owning. Its expense ratio of 0.17% is higher than most Vanguard ETFs, but that is typical of international-focused ETFs. Should you buy stock in Vanguard S&P 500 ETF right now? Before you buy stock in Vanguard S&P 500 ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Vanguard S&P 500 ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Geoffrey Seiler has positions in Alphabet, Invesco QQQ Trust, and Vanguard S&P 500 ETF. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Nvidia, Vanguard Index Funds-Vanguard Growth ETF, and Vanguard S&P 500 ETF. The Motley Fool has a disclosure policy. 5 Simple ETFs to Buy With $1,000 and Hold for a Lifetime was originally published by The Motley Fool Sign in to access your portfolio
Boston Globe
43 minutes ago
- Boston Globe
State Street consolidating Boston offices, pulling out of Fort Point
For at least the past five years, State Street has used One Channel Center as the headquarters of its asset management arm, which recently changed its name from State Street Global Advisors to State Street Investment Management. Sarnoski said the asset management division will move into two floors at One Congress, including one where a new trading desk is being built. Sarnoski said the primary reason for the office consolidation is to make the workforce more efficient, by putting more people under the same roof. Starting in the fall of 2023, State Street required workers to be in the office at least four days a week, one of the most aggressive post-COVID return-to-office mandates in the city. Advertisement 'The reason here [for the move] is purely we've seen the value of working in person,' Sarnoski said. 'It's been reinforced with our return-to-office mandate. ... It makes much more sense to have people in person in the same building.' Advertisement Cost savings, he added, is also a benefit, though not the driving force. State Street last week told investors it would take a $100 million charge to account for severance packages associated with layoffs of 900 people across its global workforce; the move out of One Channel Center is unrelated. (The company declined to say how many Massachusetts jobs were cut.) State Street still has several years left on its lease with landlord Tishman Speyer. Sarnoski said it's possible State Street will try to sublease the space, but the company is also talking about a deal to buy out the rest of the lease so Tishman Speyer can look at new tenants to fill the building, and offer a lease that lasts for longer than a few years. (State Street's lease expires at the end of 2029.) State Street is one of Boston's biggest employers, and there are only a few that could use an office building as large as 500,000 square feet. For comparison, Pawtucket, R.I.-based Hasbro and P&G's Boston-based Gillette division, two big employers currently considering moves in Boston, are seeking offices that are roughly half that size. Commonwealth Ventures and Ares Management began developing the building and its adjacent 970-space garage for State Street more than a decade ago. The building opened in late 2014, and it was Advertisement Tom Ready, a board member at the Fort Point Neighborhood Association, said the departure would have a relatively low impact on the surrounding neighborhood, in part because State Street employees have tended to use the corporate cafeteria instead of eating out at local restaurants. 'They've been consolidating their footprint over time and reducing the size of their workforce in Greater Boston,' Ready said of State Street. 'It's not a surprise to us that they're either moving out entirely or don't require the full building anymore. [But] it is a surprise they're leaving before their lease is up.' Jon Chesto can be reached at
