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Dan Loeb's Third Point made Warner Bros. Discovery its largest holding in Q2, with 20 million shares valued at $533 million. Recent earnings beat expectations despite revenue miss.
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SpaceX has recovered 25% in August after a 37% July decline. Seven Vanguard ETFs increased their SpaceX holdings in July, with the Vanguard Communication Services ETF showing the largest percentage increase (33%). As more shares unlock and the stock price recovers, passive ETFs are expected to accelerate their SpaceX accumulation in August.
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Read original at benzingaNvidia surged 9% and cybersecurity names exploded higher, yet 10 of 11 S&P 500 sectors fell as yields firmed before Jackson Hole.
Read original at benzingaGainers Symbol Name Price Change ($) Change (%) Volume (NYSE:XLK) State Street Technology Select Sector SPDR ETF 186.0486 3.209 1.75 71.9K Losers Symbol Name Price Change ($) Change
Read original at benzinga