Capital Group U.S. Multi-Sector Income ETF (ARCA: CGMS)

Latest news for Capital Group U.S. Multi-Sector Income ETF (ARCA:CGMS)

The fund normally invests at least 80 percent of its assets in the United States. The fund invests primarily in bonds and other debt instruments, which may be represented by derivatives. In seeking to achieve a high level of current income, the fund invests in a broad range of debt securities across the credit spectrum. Normally, the fund will invest its assets across three primary sectors: high-yield corporate debt, investment grade corporate debt and securitized debt. The proportion of securities held by the fund within each of these credit sectors will vary with market conditions and the investment advisers assessment of their relative attractiveness as investment opportunities. The fund may opportunistically invest in other sectors including, but not limited to, U.S. government debt, municipal debt and non-corporate credit, in response to market conditions. The fund may invest in debt securities of any maturity or duration.

Capital Group Central Cash Fund

Capital Group US Multi Sector Income ETF

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Capital Group Fixed Income ETF Trust Capital Group U.S. Multi-Sector Income ETF

CGMS

Capital Group is looking to expand its fixed-income business, accelerate its international presence, and diversify its core equities franchise. This initiative is aimed at counteracting client withdrawals and competing with faster-growing fund rivals.

Capital Group Aims To Double Assets To $4 Trillion By 2031: Mike Gitlin Says &#39;Europe And Asia Are Absolutely Critical To Our Future&#39;

Capital Group U.S. Multi-Sector Income ETF

On Monday, Cathie Wood-led Ark Invest executed notable trades involving Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>).
The Tesla Trade
Ark Invest made a significant move by selling 13,040 shares of Tesla Inc. through its ARK Innovation ETF (NYSE: ARKK). This transaction, valued at approximately $5.6 million, comes as <a href="https://www.benzinga.com/24/12/42641207/researcher-says-cancelation-of-7500-ev-tax-credit-could-impact-teslas-deliveries-despite-ceo-elon-musk-claiming-otherwise">Tesla faces potential challenges</a> related to the possible cancellation of the $7,500 EV tax credit in the U.S. Researcher Troy Teslike has highlighted that similar tax credit cancellations in Europe have previously led to a decline in Tesla&#8217;s sales. Despite these concerns, Tesla&#8217;s stock closed at $430.60, marking a 2.27% increase.
The Palantir Trade
Ark Invest sold shares of the Alex Karp-led company on Monday. Palantir, which closed at $80.69, has been actively expanding its footprint in the defense sector. Ark sold 22,807 Palantir shares through the flagship ARKK ETF. The transaction was valued at $1.84 million.
The company, alongside Anduril Industries, is leading a consortium to <a href="https://www.benzinga.com/markets/equities/24/12/42640010/palantir-and-anduril-reportedly-lead-consortium-partner-with-spacex-and-openai-to-compete-against-traditional-defense-contractors-in-850-billion-us-military-market">challenge traditional defense contractors</a>, according to a previous report. This move positions Palantir as a formidable player in the $850 billion U.S. military market.
The Amazon.com Trade
Ark Invest&#8217;s trade activity on Amazon was also noteworthy. The firm purchased 7,499 of the e-commerce giant&#8217;s shares through Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>). The transaction was valued at nearly $1.7 million. The company&#8217;s stock, which closed at $225.06 with a slight 0.06% uptick, has been the subject of optimistic projections. An analyst with an 86% accuracy rate has predicted a 24% upside for Amazon, as detailed in a <a href="https://www.benzinga.com/analyst-ratings/price-target/24/12/42646865/this-analyst-with-86-accuracy-rate-sees-around-24-upside-in-amazon-com-here-are-5-stock-picks-for-last-week-from-wall-streets-most-accurate-analysts">recent analysis</a>. This forecast aligns with Ark&#8217;s strategic interests in high-growth potential stocks.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/24/12/42638957/warren-buffetts-timeless-advice-if-youre-gonna-do-dumb-things-because-your-stock-goes-down-you-shouldnt-own-a-stock-at-all?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Warren Buffett's Timeless Advice For Investing $10,000: &#8216;If You're Gonna Do Dumb Things Because Your Stoc</a>
Other Key Trades:
<ul>
<li>Bought stock of 10X Genomics Inc. via ARKK and ARKG. </li>
<li>Bought shares of Gitlab Inc. through ARKK.</li>
</ul>
Image via Benzinga YouTube and Unsplash
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42635671/analyst-bullish-on-shiba-inu-sees-235-surge-despite-recent-fall?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Analyst Bullish on Shiba Inu, Sees 235% Surge Despite Recent Fall</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Equities

ETFs

AMZN

ARKF

ARKK

PLTR

TSLA

Cathie Wood-Led Ark Invest's Monday Moves: Dumps Tesla, Palantir Stock, Adds Amazon

GOEVW

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

GOEV

BNOX

CLEU

What if a pimple patch wasn't something to hide? What if it could be a fun, bold accessory? That&#8217;s precisely the concept behind Starface World, the business that turned a basic skincare item into a symbol of self-expression. Since starting in 2019, Starface has grown into a $90 million-a-year business by mixing creative ideas with strong social media skills. Here's how they did it.
<h2 class="wp-block-heading">A New Take on Acne Care</h2>
People have always tried to conceal acne, but Starface took a completely different approach. As a recent CNBC Make It video explains, founders Julie Schott and Brian Bordainick wanted to make growing up – and dealing with acne – a more positive experience. Instead of hiding blemishes, Starface's pimple patches encourage people to embrace them with pride.
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<li>The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a></li>
</ul>
Their first product, the yellow Hydro-Star, wasn't just a skincare tool but a fashion statement. These star-shaped patches came in bright, fun packaging and even had a mascot, Big Yellow, who &#8220;came from outer space&#8221; to help people feel better about acne. Starface soon added new colors, special ingredients and even a clear patch for people who wanted something less flashy.
Starface's success lies in its branding. Everything about the company – from its products to its messaging – is designed to <a href="https://www.benzinga.com/content/42533696/gen-z-is-redefining-brand-purpose">appeal to Gen Z</a> and Gen Alpha. The brand's playful tone, vibrant visuals and inclusive message have made it incredibly popular on social media. Platforms like Instagram and TikTok are filled with people proudly showing off their Hydro Stars.
This unique approach has created a sense of community, as owning a Starface product is about more than skincare. The company's message is that it's okay to have acne and to have fun with it.
See Also: Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!</a>
<h2 class="wp-block-heading">From Hype to Profits</h2>
Starface's focus on self-expression and inclusivity resonated, especially during the pandemic. The brand gained massive traction as people spent more time on Zoom and experimented with self-care. By 2023, Starface had become profitable and sold its products at major retailers like Target, Walmart and CVS.
Today, they sell patches with extra ingredients like tea tree oil and salicylic acid. They've also expanded to Canada and the UK. Despite competing with brands like Hero Cosmetics and Alba Botanica, Starface has built a strong moat around its business by focusing on fun and individuality.
<h2 class="wp-block-heading">Mixed Reviews but Lasting Impact</h2>
Not everyone loves Starface patches as an acne fix. As the CNBC video showed, some customers rave about how they help heal pimples, while others see them as a fun accessory. Either way, the brand's connection with its fans and its message of confidence make it unforgettable.
Trending: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
The market for pimple patches is booming. According to recent research from Spherical Insights, the market valuation is expected to grow from about $500 million to nearly $1 billion by 2033. This shows how much people love these products and how brands like Starface can keep developing new ideas.
With new product launches, including a <a href="https://www.benzinga.com/insights/options/24/12/42515847/check-out-what-whales-are-doing-with-ulta">partnership with Ulta</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) in 2025, Starface shows no signs of slowing down. As long as they keep innovating and staying connected to their audience, their playful and empowering approach to skincare will continue to stand out in the beauty industry.
Starface's rise reminds us of the power of unconventional thinking. Turning a basic skincare product into a lifestyle brand has shown that creativity, strong branding and social media can transform a simple idea into a thriving business.
Read Next:
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<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a></li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
</ul>

ULTA

Thinking Out-Of-The-Box Turned Into A $90 Million/Year Business And Showed The Power Of Strong Branding And Social Media

Ex-President Bill Clinton has been hospitalized in Washington due to a fever on Monday, according to a report.
Clinton was admitted to MedStar Georgetown University Hospital in the afternoon for tests and observation after he developed a fever. Deputy Chief of Staff for the former President, Angel Ureña, shared this news on X. The post was first <a href="https://thehill.com/policy/healthcare/5054369-bill-clinton-hospitalized-fever/">noted</a> on The Hill.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">President Clinton was admitted to MedStar Georgetown University Hospital this afternoon for testing and observation after developing a fever. He remains in good spirits and deeply appreciates the excellent care he is receiving.
&mdash; Angel Ureña (@angelurena) <a href="https://twitter.com/angelurena/status/1871326214096372135?ref_src=twsrc%5Etfw">December 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Ureña said, &#8220;He remains in good spirits and deeply appreciates the excellent care he is receiving.&#8221;
It is worth mentioning that Clinton was previously hospitalized for five days in 2021 due to sepsis caused by an infection, according to The Hill.
See Also: <a href="https://www.benzinga.com/24/12/42637260/elon-musk-accused-of-bullying-republicans-to-scrap-us-china-investment-safeguards-to-protect-teslas-interests?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Accused Of Bullying Republicans To Scrap US-China Investment Safeguards To Protect Tesla&#8217;s Interests</a>
Clinton had been <a href="https://www.benzinga.com/general/politics/24/08/40513316/bill-clinton-contrasts-harris-trump-in-fiery-dnc-speech-we-have-a-clear-choice-we-the-people-ver">actively campaigning</a> for Vice President Kamala Harris throughout the fall. Clinton had made a strong case for Harris during his speech at the Democratic National Convention (DNC).
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</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

General

Bill Clinton Admitted To Hospital Due To Fever In Washington

Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) has outperformed the market over the past 10 years by 1.29% on an annualized basis producing an average annual return of 12.39%. Currently, Linde has a market capitalization of $201.03 billion. 
Buying $1000 In LIN: If an investor had bought $1000 of LIN stock 10 years ago, it would be worth $3,191.73 today based on a price of $421.00 for LIN at the time of writing.
<h3>Linde's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734997509_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

Here's How Much $1000 Invested In Linde 10 Years Ago Would Be Worth Today

Agnico Eagle Mines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>) has outperformed the market over the past 10 years by 1.05% on an annualized basis producing an average annual return of 12.15%. Currently, Agnico Eagle Mines has a market capitalization of $39.61 billion. 
Buying $100 In AEM: If an investor had bought $100 of AEM stock 10 years ago, it would be worth $330.84 today based on a price of $78.99 for AEM at the time of writing.
<h3>Agnico Eagle Mines's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734996621_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Agnico Eagle Mines 10 Years Ago Would Be Worth This Much Today

Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) has outperformed the market over the past 5 years by 6.87% on an annualized basis producing an average annual return of 19.87%. Currently, Goldman Sachs Gr has a market capitalization of $180.39 billion. 
Buying $100 In GS: If an investor had bought $100 of GS stock 5 years ago, it would be worth $246.87 today based on a price of $571.21 for GS at the time of writing.
<h3>Goldman Sachs Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734994828_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Goldman Sachs Gr 5 Years Ago Would Be Worth Today

WIIM

NEUE

NeueHealth shares are trading higher after the company announced it has entered into an definitive merger to be acquired for $7.33 per share.

NeueHealth, Inc. ("NeueHealth" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEUE#NYSE">NEUE</a>), the value-driven healthcare company, today announced that it has entered into a definitive merger agreement pursuant to which the Company will be acquired by an affiliate of New Enterprise Associates ("NEA") at an enterprise value of approximately $1.3 billion. Upon completion of the transaction, NeueHealth will become a privately held company with the flexibility and resources to continue advancing its value-driven, consumer-centric care model.
Under the terms of the merger agreement, holders of NeueHealth common stock (other than shares that will be rolled over and certain excluded shares) will receive $7.33 per share in cash, which represents a premium of approximately 70% over the closing price of NeueHealth common stock on December 23, 2024. Certain stockholders of NeueHeath, including NEA and 12 existing NeueHealth investors (which collectively hold all of the outstanding shares of NeueHealth preferred stock), have entered into rollover agreements pursuant to which such stockholders will continue their investments by exchanging their shares of NeueHealth common stock and/or preferred stock for newly issued equity interests in the privately held company, and the Company's existing secured loan facility with Hercules Capital, Inc. will remain in place.
NeueHealth's executive leadership team will continue in their roles upon completion of the transaction and intends to roll over 100% of their equity interests for newly issued equity interests in the privately held company.

NeueHealth  Entered Into A Definitive Merger Agreement To Be Acquired By An Affiliate Of New Enterprise Associates At An Enterprise Value Of ~$1.3B, Or $7.33/Share In Cash

INSW

International Seaways shares are trading higher after it was announced that the company will join the S&P SmallCap 600 on December 30, 2024.

International Seaways Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INSW#NYSE">INSW</a>) will replace Consolidated Communications Holdings (NASD: CNSL) in the S&amp;P SmallCap 600 effective prior to the opening of trading on Monday, December 30. Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI) are acquiring Consolidated Communications in a deal expected to be completed soon, pending final closing conditions.

International Seaways To Join S&P SmallCap 600 On Monday, December 30, 2024

CBRE Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>) has outperformed the market over the past 5 years by 3.45% on an annualized basis producing an average annual return of 16.45%. Currently, CBRE Group has a market capitalization of $39.94 billion. 
Buying $100 In CBRE: If an investor had bought $100 of CBRE stock 5 years ago, it would be worth $212.97 today based on a price of $130.51 for CBRE at the time of writing.
<h3>CBRE Group's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734993914_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CBRE

$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

CREV

Carbon Revolution shares are trading higher after the company announced it has reached an agreement with OIC for a further $25 million in financing to support the ongoing liquidity of the business.

Carbon Revolution plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREV#NASDAQ">CREV</a>) (the "Company"), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it has reached an agreement with Orion Infrastructure Capital ("OIC") for a further US$25 million financing, which will be released in five tranches, each equal to US$5 million, subject to satisfying certain release conditions. In connection with the release of each of the five tranches of US$5 million, the Company will issue to OIC and the lenders under the US$60 million PIUS loan entered into in May 2023 ("Existing Noteholders"), penny warrants to purchase an aggregate number of shares equal to 5.0% of the Company's shares outstanding.

Financing

Carbon Revolution Has Reached An Agreement With Orion Infrastructure Capital For A Further $25M Financing, Which Will Be Released In 5 Tranches, Each Equal To $5M

CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) has outperformed the market over the past 5 years by 36.5% on an annualized basis producing an average annual return of 49.5%. Currently, CrowdStrike Holdings has a market capitalization of $88.93 billion. 
Buying $1000 In CRWD: If an investor had bought $1000 of CRWD stock 5 years ago, it would be worth $7,301.27 today based on a price of $361.06 for CRWD at the time of writing.
<h3>CrowdStrike Holdings's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734993015_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CRWD

$1000 Invested In CrowdStrike Holdings 5 Years Ago Would Be Worth This Much Today

Streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is set to release the highly anticipated second season of "Squid Game" on Dec. 26, adding to an exciting month with its first live NFL games <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41123711/netflix-stock-could-get-boost-from-nfl-games-squid-game-season-2-analyst-says-conte">on Christmas Day.</a>
A Benzinga reader poll shows the second season might face more of an uphill battle for viewers compared to the first season in 2021.
What Happened: Released in September 2021, "Squid Game" <a href="https://www.benzinga.com/general/entertainment/24/12/42305013/squid-game-season-2-includes-new-games-contestant-with-a-crypto-background-revenge-factor-political-overtones">shattered viewership records </a>for Netflix with 1.65 billion hours watched in the first four weeks of availability.
The series became a massive hit and pop culture phenomenon and fans have eagerly been awaiting a second season.
Netflix will premiere all seven episodes of the second season on Dec. 26, beginning at 3 a.m. ET. Benzinga recently polled readers to see how eager people are to watch the new season.
"Will you be watching ‘Squid Game' season 2?" Benzinga asked.
The results were:
<ul>
<li>No, I don't plan to watch: 70%</li>
<li>Yes, I'll binge-watch the entire season when it's out: 21%</li>
<li>Yes, I'll watch each episode as soon as I can: 9%</li>
</ul>
The poll found that Benzinga readers are less excited about the second season compared to the interest generated by the first season.
The day-after-Christmas release could be a double-edged sword for Netflix. While the timing benefits from people being off work, it also coincides with family gatherings that might limit viewership.
Netflix will <a href="https://www.benzinga.com/general/entertainment/24/12/42657482/mrbeast-dominates-prime-video-how-youtuber-could-help-amazon-boost-streaming-presence">also be competing</a> with MrBeast's "Beast Games," a record-breaking game show on Amazon.com's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Prime Video. &#8220;Beast Games&#8221; released its first two episodes on Dec. 19 with a third episode coming on Dec. 26. The show features elements similar to the contests featured in &#8220;Squid Game.&#8221;
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/12/42563662/streamers-max-paramount-won-november-heres-why-analyst-expects-netflix-amazon-to-win-december">Streamers Max, Paramount+ Won November: Here&#8217;s Why Analyst Expects Netflix, Amazon To Win December</a>
What's Next: The second season of "Squid Game" will bring back several cast members from the first season. The new season has already been <a href="https://www.benzinga.com/general/entertainment/24/12/42395178/golden-globes-2025-nominations-netflix-scores-nods-for-emilia-perez-and-squid-game-comcast-lands-4-wicked-noms">nominated for a Golden Globe</a> and could become a favorite on the awards circuit, given more hype around the show this time.
Returning for the second season is the winner of the game in the first season, Seong Gi-hun (aka Player 456), portrayed on screen by&nbsp;Lee Jung-jae.&nbsp;Director and writer&nbsp;Hwang Dong-Hyuk&nbsp;also returns for the second season.
The second season features new characters and revolves around Gi-hun, who returns to the game three years after the competition to search for the people behind it and shut it down for good, as reported by <a href="https://deadline.com/2024/12/squid-game-season-2-explained-hwang-dong-hyuk-lee-jung-jae-1236189235/" target="_blank" rel="noreferrer noopener">Deadline</a>.
This time, characters competing for the prize include a former cryptocurrency influencer who loses a large amount of money for his subscribers and himself. The crypto influencer becomes a fugitive before joining the Squid Game competition, according to the report.
Another one of the 400-plus contestants in the games is a woman who made bad investments following the advice of the same cryptocurrency influencer taking part in the games.
Following the second season, a third and final season of the hit show will be released in 2025. Director Hwang said the second and third seasons were written at the same time and both were produced simultaneously. The third season is currently in the post-production process, the director said.
The first season of "Squid Game" has been watched by a total of 330 million viewers and a total of 2.8 billion hours have been streamed since the release, as reported by <a href="https://variety.com/2024/tv/news/squid-game-viewers-netflix-seoul-experience-1236232449/">Variety</a>. The overall metrics and the first four weeks&#8217; totals for the second season will be used to compare the success of the newest season.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42653325/exclusive-netflix-to-have-merry-christmas-with-nfl-games-will-viewers-tune-in-60-say">EXCLUSIVE: Netflix To Have Merry Christmas With NFL Games, Will Viewers Tune In? 60% Say…</a></li>
</ul>
The study was conducted by Benzinga from Dec. 18 through Dec. 19, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 145 adults.
Photo by DANIEL CONSTANTE on Shutterstock

Entertainment

Exclusives

NFLX

EXCLUSIVE: 'Squid Game' Broke Netflix Records, Will Viewers Watch Season 2? 70% Of Benzinga Readers Say…

American Tower (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMT#NYSE">AMT</a>) has outperformed the market over the past 20 years by 3.99% on an annualized basis producing an average annual return of 12.27%. Currently, American Tower has a market capitalization of $87.84 billion. 
Buying $1000 In AMT: If an investor had bought $1000 of AMT stock 20 years ago, it would be worth $10,289.06 today based on a price of $187.97 for AMT at the time of writing.
<h3>American Tower's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734992108_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In American Tower 20 Years Ago Would Be Worth This Much Today

Capital Group U.S. Multi-Sector Income ETF declares $0.1278 dividend

Capital Group U.S. Multi-Sector Income ETF declares monthly distribution of $0.1378

CGMS: A Promising Active Income Bond Play

Capital Group U.S. Multi-Sector Income ETF declares monthly distribution of $0.1376

Capital Group U.S. Multi-Sector Income ETF declares monthly distribution of $0.1156

Capital Group U.S. Multi-Sector Income ETF declares monthly distribution of $0.1076

4 Simple, High-Quality Bond ETFs

Capital Group U.S. Multi-Sector Income ETF declares monthly distribution of $0.1427

BINC

CARY

JPIE

Capital Group is looking to expand its fixed-income business, accelerate its international presence, and diversify its core equities franchise. This initiative is aimed at counteracting client withdrawals and competing with faster-growing fund rivals.



What Happened: The Los Angeles-based firm, which has been privately owned for 93 years, is a major player in the active fund industry, managing assets worth $2.6 trillion, Reuters reported. The company&#8217;s CEO, Mike Gitlin, shared the new strategy with 9,000 staff members at the firm&#8217;s international hub in London.



Capital Group aims to grow its assets by more than half over the next seven years, reaching approximately $4 trillion. This growth strategy includes expanding its fixed-income business, which has seen a nearly 40% increase in assets over the last four years, reaching $507 billion.



Gitlin, who took over as CEO in October, is also focusing on expanding the firm&#8217;s international presence, with a new office in Miami targeting offshore clients in Latin America. &#8220;Europe and Asia are absolutely critical to our future,&#8221;&nbsp;he said, aiming to shift the current 80:20 split between equity and bond assets to as far as 70:30 by 2031.



See Also: <a href="https://www.benzinga.com/markets/cannabis/24/06/39280056/woman-faces-30-year-prison-sentence-and-1m-fine-for-8-ounces-of-bong-water-found-in-her-car?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Woman Facing 30 Years in Prison For Bong Water In Fargo</a>



Investors can <a href="https://www.benzinga.com/quote/CGMS">Invest</a> in Capital Group Fixed Income ETF Trust Capital Group U.S. Multi-Sector Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CGMS#NYSE">CGMS</a>) through any online brokerage.



Why It Matters: Capital Group&#8217;s move to revamp its strategy comes at a time when the industry is experiencing significant changes. The firm has faced five consecutive years of net outflows from its U.S. equity funds, while the U.S. business as a whole has seen over $100 billion withdrawn across 2022 and 2023.



Despite its formidable reputation for long-term investing, Capital Group has been slow to adapt to the changing market. The company&#8217;s decision to enter new terrain, offering passive or private funds through partnerships with other fund firms, is a significant shift in its approach.



Read Next: <a href="https://www.benzinga.com/markets/equities/24/06/39243965/roaring-kitty-shares-the-dark-knight-scene-with-a-twist-is-the-gamestop-trader-going-to-the-bank?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Roaring Kitty Shares &#8216;The Dark Knight Scene&#8217; With A Twist: Is The GameStop Trader Going To The Bank With His Hoard?</a>



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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

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