Emerging Markets ETF Founder on Why China Is So Promising
Kevin Carter, founder of EMQQ, the Emerging Markets Internet E-Commerce ETF, discusses the company's investments in China and its major holdings in companies like Tencent and Alibaba.
Carter notes that the reason investors should place their bids in EMQQ as opposed to the S&P index is "growth." He digs into the company's investments in Tencent and Alibaba explaining that part of the reason those companies are so appealing is because of their own individual investments in other companies.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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Unreal Snacks CEO Kevin McCarthy shares how dye-free candy is leading the sweets revolution—just in time for what could be a record-breaking Halloween 2025.
In a daring daylight robbery on Sunday, thieves used a basket lift to scale the Louvre’s facade, smash display cases, and steal eight priceless jewels.