UBS rises after Q2 profit beats estimates, unveils $3 billion share buyback

Host Ryan Nauman speaks with Brendan Cavanaugh, Chief Strategy Officer at Defiance ETFs, about today’s most important ETF trends and how Defiance decides what to launch. Cavanaugh explains Defiance’s lineup (thematic, leveraged/inverse, and derivative-based income ETFs) and emphasizes first-mover advantage, solving real investor problems, and creating products that advisors can explain clearly to different client…

Key insight: Popular is swapping CEOs for the second time in just over a year. It’s doing so following a strong quarter that saw higher net income and increased capital returns. Expert quote: “Leading this organization has been truly a privilege. I leave with enormous satisfaction.” —Javier Ferrer, CEO of Banco Popular Forward look: Chief…

More than 4,000 completed homes remain missing from the property tax rolls in Montgomery County, TX—and that’s progress. The backlog once stood at roughly 12,000 properties. Just last year, the Montgomery Central Appraisal District added 5,052 previously missed homes to the rolls, restoring approximately $1.5 billion in taxable value, Deputy Chief Appraiser Jacob Martinez told…

Yu He During the COVID-19 crisis, municipal bond ETFs insulated the underlying bond market from the era’s fire sale-type selling pressure, but that came with a cost: A large deviation between muni ETF prices and the funds’ net asset values. Processing Content That’s according to Yu He, author of a July 9 paper entitled “Stress-Tested:…

It’s well known at this point that the United States, among other countries, is looking to amp up its domestic supply chain when it comes to rare earth materials. Of course, this is playing out because China holds such a dominant position on the rare earths market, and trade relations between the U.S. and China…