John Love, President and CEO of USCF Summerhaven, and Erik Stafford, Professor at Harvard Business School, discusses the company's release of two new private equity ETFs that have been created to be budget-friendly for every investor. The company rang the Opening Bell at the New York Stock Exchange to celebrate the release.
Stafford discusses how he created the ETFs, and the design that went into each one. Love talks the differences between BUY and BUYN, noting that the latter is a subset of BUY that focuses on natural resources.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
