Cognizant CEO Ravi Kumar told CNBC that the company is entering a new phase of AI transformation, shifting from a traditional IT integrator to an “AI builder.”
U.S. inflation ticked up to 2.9% in August, fueling Fed caution. Discover the ETFs that could offer stability and upside in a sticky inflation environment.
BlackRock Inc. (NYSE:BLK), the world’s largest asset manager, is reportedly exploring ways to tokenize its exchange-traded funds, the latest in a broader Wall Street effort to bring real-world assets onto blockchains.
ETF investors love S&P 500, but not all S&P 500 ETFs are equal. SPY has higher inflows due to its popularity among traders, while IVV is preferred by long-term investors. Despite IVV's outflows, overall equity ETF inflows show bullish sentiment. Flow data reflects different investors' use of ETFs, not popularity.
CEO Dave Mosely attributed the strength to the structural enhancements implemented in the company’s business and ongoing demand strength from cloud customers for its high-capacity drives.
