Sunday links: buyback blowback
Markets Oil markets are tuning out Trump's statements. (axios.com) Companies in the Stoxx Europe 600 index saw an 18% rise in Q2 earnings. (wsj.com) Markets lie less than politicians. (howardlindzon.com) ETFs Bryan Armour, "Single-stock exchange-traded funds are the hoverboards of finance. They provide no real utility and might catch fire and explode at any moment." (morningstar.com) T Rowe Price…
Markets are increasingly dismissing Trump's statements as they navigate the oil market landscape. In Q2, companies within the Stoxx Europe 600 index experienced an 18% increase in earnings. Analysts observe that market behavior appears to be less influenced by politicians compared to previous years. Exchange-traded funds (ETFs), particularly single-stock variants, are likened to hoverboards in the financial world due to their low utility and potential risks.
T Rowe Price is in the process of acquiring F/m Investments. The development of a cancer vaccine by Moderna and Merck is not yet ready for commercial release. YouTube and Netflix are reportedly set to face competition head-on. Visa's continued profitability remains a mystery to many. The U.S. defense budget allocation is being scrutinized.
The Department of Homeland Security (DHS) is witnessing a significant increase in its budget. Subsidies continue to attract political interest, with some governors experiencing a shift in stance regarding data centers. The Trump administration is believed to have exerted considerable pressure on Colorado to release Tina Peters. Donald Trump cast his vote via mail once again.
The Pentagon has dismissed the publisher of Stars and Stripes. The National Guard's role in Washington D.C. remains unclear. The National Park Service is reconsidering its spending priorities. The U.S. Forest Service aims to open up to 44 million acres of national-forest land for logging and road construction. The CIA is grappling with a significant number of retirements, stretching its human resources department thin. The U.S. and Canada are revisiting their trade war.
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.