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Goldman Sachs Access Investment Grade Corporate Bond ETF

The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade, corporate bonds denominated in U.S. dollars (USD) that meet certain liquidity and fundamental screening criteria.

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Elon Musk-led Department of Government Efficiency has secured access to the Centers for Medicare and Medicaid Services, according a report Wednesday. The extent of the access and the systems involved are yet to be clarified.
What Happened: DOGE representatives have been granted access to key payment and contract systems, <a href="https://www.wsj.com/politics/elon-musk-doge-medicare-medicaid-fraud-e697b162?mod=hp_lead_pos3">reported</a> Wall Street Journal. However, the CMS has not provided any clarification on this matter.
Musk said on X that &#8220;big money fraud&#8221; was taking place at the CMS on Wednesday in response to another user sharing the story..
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Yeah, this is where the big money fraud is happening <a href="https://t.co/jXqXrlKDGp">https://t.co/jXqXrlKDGp</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1887184902543577590?ref_src=twsrc%5Etfw">February 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The CMS confirmed the collaboration with DOGE, mentioning two senior agency veterans leading the collaboration and ensuring appropriate access to CMS systems and technology, according to the Journal.
DOGE&#8217;s focus on CMS aligns with its&nbsp;mandate to cut at least&nbsp;$1 trillion in federal spending. The CMS, which spent over $1.5 trillion in 2024, is often criticized for fraudulent and wasteful spending. Musk expressed&nbsp;his interest in the health&nbsp;agency, hinting at potential fraud in Medicare spending.
Musk&#8217;s representatives had reportedly yet to access sensitive databases that include identifiable personal health information of people enrolled in both Medicaid and Medicare. The access given to DOGE representatives was &#8220;read-only.&#8221;
See Also: <a href="https://www.benzinga.com/news/global/25/02/43514257/trump-administration-softens-gaza-takeover-proposal-as-middle-east-allies-reject-plan">Trump Administration Softens Gaza Takeover Proposal As Middle East Allies Reject Plan</a>
Why It Matters: DOGE&#8217;s access to CMS comes in the wake of Trump&#8217;s Medicaid cuts. In January it was reported that the GOP was pushing for <a href="https://www.benzinga.com/personal-finance/25/01/43191852/an-existential-fight-ahead-why-trumps-medicaid-cuts-could-leave-millions-struggling-with-healthcare-costs">big changes to Medicaid</a>, which serves 79 million low-income or disabled Americans.
Later that month, the White House ordered a temporary freeze on all federal grants and loans, putting $3 trillion in funding under scrutiny. This move threatened a wide range of industries, including healthcare. Benzinga reported that all federal agencies were <a href="https://www.benzinga.com/25/01/43290381/trumps-federal-spending-freeze-puts-3-trillion-in-limbo-threatens-industries-like-clean-energy-defense-healthcare">required to halt disbursements</a> while programs were reviewed for alignment with Trump&#8217;s policy priorities.
Soon after the freeze was announced the Medicaid website stopped functioning, but the White House later attributed that to an &#8220;outage.&#8221; The executive branch of the government said that <a href="https://www.benzinga.com/25/01/43294006/trump-white-house-blames-outage-for-medicaid-website-lockout-we-have-confirmed-no-payments-have-been-affected">no payments had been affected</a>.
The Department of Government Efficiency shares its acronym with Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), the cryptocurrency frequently mentioned in Musk&#8217;s posts on X.
Price Action: At the time of writing, DOGE traded 2.7% lower at $0.26, according to <a href="https://pro.benzinga.com/?utm_source=insights">data from Benzinga Pro</a>.
Image via Shutterstock
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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>

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DOGE Gains Access To Medicare And Medicaid Systems: Elon Musk Says, 'This Is Where The Big Money Fraud Is Happening'

Lucid Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) reported record deliveries in the fourth quarter as the company prepares to grow in the<a href="https://www.benzinga.com/topic/electric-vehicle"> electric vehicle sector.</a>
The company enters 2025 with strong momentum and the launch of a second vehicle model.
What Happened: Lucid launched the highly anticipated Gravity three-row SUV in late 2024.
In January, Lucid sold 50 Lucid Gravity SUVs, according to data from Motor Intelligence reported by <a href="https://electrek.co/2025/02/04/lucid-lcid-ev-sales-climb-50-jan-after-gravity-suv-launch/">Electrek</a>. The company had total sales of 665 units in January, consisting of the Gravity vehicles and 615 Lucid Air sedans.
The sales figure is among the highest monthly totals in Lucid history, falling shy of the record 780 deliveries in the month of December. 
This represents a 51% year-over-year increase for Lucid for January, which could illustrate how important the launch of the Gravity was, giving the company a second model and important entry into the SUV sector.
Lucid reported deliveries of 3,099 vehicles in <a href="https://www.benzinga.com/25/01/42842059/lucids-q4-deliveries-soar-to-new-highs-gravity-suv-sets-optimism-for-coming-months">the fourth quarter</a>, a company record at the time. Quarterly deliveries were up 79% year-over-year in the fourth quarter.
Read Also<a href="https://www.benzinga.com/news/earnings/24/11/41826774/lucid-q3-earnings-revenue-beat-eps-beat-on-track-to-produce-9k-vehicles-in-2024">: Lucid Q3 Earnings: Revenue Beat, EPS Beat, On Track To Produce 9K Vehicles In 2024</a>
Why It's Important: The Gravity SUV, which has a starting price of $94,900 will help Lucid compete with the Tesla Model X from Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and the Rivian R1S from Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>).
The company also plans to launch its lower-priced version of the Gravity later this year with a starting price of $79,900.
With the potential end of the federal EV tax credit, Tesla is expected to benefit from its lower prices. Lucid has not been among the sales leaders for EVs, but has received attention and praise <a href="https://www.benzinga.com/news/management/24/06/39364585/lucid-vs-tesla-ceo-says-companys-technology-is-a-number-of-years-ahead-of-ev-leader">for its technology.</a>
The early success of the Gravity could go a long way to showing that Lucid has staying power in the electric vehicle sector.
Lucid reports fourth-quarter financial results Feb. 25, which could offer more commentary on how Gravity demand and momentum is fairing. 
LCID Price Action: Lucid stock closed Wednesday at $2.91 versus a 52-week trading range of $1.93 to $4.43. The stock is up in the last several trading days, but shares remain down 10% over the past year. The stock is up over 40% from its year lows hit in December.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/25/01/42986863/us-electric-vehicle-sales-hit-record-1-3-million-units-in-2024-despite-tesla-declines-top-10-bestsel">US Electric Vehicle Sales Hit Record 1.3 Million Units In 2024, Despite Tesla Declines: Top 10 Bestselling Models</a></li>
</ul>
Courtesy: Lucid

LCID

RIVN

TSLA

Lucid Deliveries Up 51% In January, Here's How Many Gravity SUVs Sold In First Full Month

AVGO CLIMBS OVER 9 POINTS
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="794" height="595" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/05211815/Screen-Shot-2025-02-05-at-4.25.03-PM.png" alt="" class="wp-image-5516" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/05211815/Screen-Shot-2025-02-05-at-4.25.03-PM.png 794w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/05211815/Screen-Shot-2025-02-05-at-4.25.03-PM-300x225.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/05211815/Screen-Shot-2025-02-05-at-4.25.03-PM-768x576.png 768w" sizes="(max-width: 794px) 100vw, 794px" /></figure>
Broadcom, Inc. (AVGO) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
Today, at 10:03 AM on February 5th, a significant trading signal occurred for Broadcom, Inc. (AVGO) as it demonstrated a Power Inflow at a price of $228.86. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Broadcom&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in Broadcom&#8217;s stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for AMZN, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like&nbsp; &nbsp; <a href="https://www.tradepulse.net">https://www.tradepulse.net</a>&nbsp; which are responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $228.86. The returns on the High price ($237.93) and Close price ($232) after the Power Inflow were respectively 4.0% and 1.7%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. 
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TRADEPULSE POWER INFLOW ALERT: BROADCOM INC. (AVGO) MOVES UP 4% AFTER ALERT FROM TRADEPULSE

The life of shopping malls has transformed in recent years with big-box tenants going bankrupt and malls looking for new uses for their large real estate space, including new tenants, apartments and entertainment experiences like<a href="https://www.benzinga.com/general/entertainment/24/06/39439112/will-netflix-save-shopping-malls-new-experiences-a-potential-game-changer-for-retail-center"> those from Netflix.</a>
Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) is now the owner of a shopping mall and the move will likely be closely followed by the real estate sector.
 What Happened: For what is believed to be the first time in company history, Walmart is the owner of a shopping mall. The <a href="https://www.benzinga.com/news/24/11/42247997/walmart-shoppers-shun-electronics-for-black-friday-deals-on-eggs-bread-slippers">world's largest retailer </a>paid $34 million to acquire the Monroeville Mall, located near Pittsburgh.
Walmart purchased the mall from CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) recently and partnered with Cypress Equities to redevelop the property. Cypress has been used by Walmart previously to help with site selection on new retail locations.
"Walmart did purchase the Monroeville Mall and is very interested in being part of any future redevelopment of this site," Walmart said in a statement, as <a href="https://www.retaildive.com/news/walmart-buys-pittsburgh-area-mall/739277/">reported </a>by Retail Dive. "Walmart is working with Cypress on mall operations and potential redevelopment of the site."
The retailer is staying quiet on what the redevelopment plans look like for the 1.2 million square foot mall. The mall occupies 186 acres and sits near several major highways.
The Monroeville Mall, which was built in 1969, was last renovated in 2003. CBL bought the mall for $231.2 million in 2004.
Covering two stories, the mall has over 130 stores, which currently include Macy's, JCPenney, Dick's Sporting Goods, Best Buy, Barnes &amp; Noble and a Cinemark movie theater.
CBL, who listed the property for sale in December, said the mall gets over 3.5 million annual visits. &nbsp;
Read Also: <a href="https://www.benzinga.com/media/25/02/43501464/walmart-reshapes-workforce-shuts-offices-as-it-consolidates-operations">Walmart Reshapes Workforce, Shuts Offices As It Consolidates Operations</a>
Why It's Important: With Walmart or Cypress not providing details on what will happen to the mall, a lot could change in the coming months.
The biggest question mark is why Walmart bought the mall, which leads into the second biggest question of will Walmart add its own store or a Sam's Club to the tenants that make up Monroeville Mall.
The report said Walmart does not have a store in Monroeville and has eyed the location before. With the mall having prominent real estate by major highways, a Walmart as a mall anchor could make a lot of sense and help justify the purchase price.
Based on what happens with this mall redevelopment it will also be interesting to see if Walmart keeps ownership of the property and becomes landlord to the other retailers and if the company would utilize this model at other shopping malls across the country.
WMT Price Action: Walmart stock closed 1.68% up at $102.46 on Wednesday versus a 52-week trading range of $55.85 to $102.58. Walmart stock hit the new 52-week highs during Wednesday's intraday session and the stock is now up 82% over the last year.
Read Next: 
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<li><a href="https://www.benzinga.com/news/25/01/43395171/walmart-canada-to-invest-about-3-8-billion-over-five-years">Walmart Canada To Invest About $3.8 Billion Over Five Years</a></li>
</ul>

Photo: Shutterstock

Real Estate

Walmart Stock Hits New All-Time Highs, Company Goes Shopping For ... Malls?

Gaming company Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) could highlight user growth and better monetization efforts when the company reports fourth-quarter financial results before <a href="https://www.benzinga.com/earnings">market open Thursday.</a>
Earnings Estimates: Analysts expect Roblox to report fourth-quarter revenue of $1.35 billion, up from $1.13 billion in last year's fourth quarter according to data <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent020525&amp;t=be2bearmibe3na1">from Benzinga Pro.</a>
The company has beaten analyst estimates for revenue in two straight quarters and seven of the past 10 quarters overall.
Analysts expect Roblox to report a loss of 45 cents per share in the fourth quarter, an improvement from a loss of 52 cents per share in last year's fourth quarter. The company has beaten analyst estimates for earnings per share in five straight quarters and six of the past 10 quarters overall.
Read Also: <a href="https://www.benzinga.com/25/01/43325891/backed-by-youtube-king-mrbeast-group-of-american-investors-including-roblox-ceo-lock-in-over-20-billion-for-tiktok-takeover-but-they-have-not-heard-back-directly-from-bytedance">MrBeast And Group Of Investors, Including Roblox CEO, Lock In Over $20 Billion For TikTok Takeover</a>
Key Items to Watch: The company saw strong growth in bookings, users and average booking per user in the third quarter. Those items will be closely watched by investors and analysts again.
Roblox <a href="https://www.benzinga.com/news/earnings/24/10/41654520/roblox-q3-earnings-bookings-jump-34-user-base-hits-89-million-raises-annual-outlook">ended the third quarter</a> with a user base of 89 million as it puts an emphasis on keeping users engaged on the platform and also working on new initiatives to get older users to remain.
Analysts and investors will be closely watching to see if Roblox shares 2025 guidance for key metrics including bookings, revenue and earnings per share.
With quarterly losses, analysts and investors may look for any commentary on how close the gaming company is to profitability for its long-term sustainability.
Here are recent <a href="https://www.benzinga.com/quote/RBLX/analyst-ratings">analyst ratings on Roblox</a> and their price targets:
<ul>
<li>Citigroup: Maintained Buy rating, raised price target from $63 to $82</li>
<li>Piper Sandler: Reiterated Overweight rating, raised price target from $65 to $72</li>
<li>Roth MKM: Maintained Neutral rating, raised price target from $54 to $70</li>
<li>Wells Fargo: Maintained Overweight rating, raised price target from $58 to $76</li>
</ul>
 RBLX Price Action: Heading into the quarterly results, Roblox stock has momentum with shares hitting new 52-week highs of $75.74 on Wednesday. This marked the highest share price for Roblox since January 2022. The stock has traded between $29.55 and $75.74 over the past 52 weeks and shares are up 92% over the past year.
Read Next: 
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<li><a href="https://www.benzinga.com/news/management/25/01/43017547/hindenburg-research-is-closing-up-shop-we-shook-some-empires-that-we-felt-needed-shaking">Hindenburg Research Is Closing Up Shop: &#8216;We Shook Some Empires That We Felt Needed Shaking&#8217;</a></li>
</ul>
Photo: Shutterstock

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RBLX

Roblox Q4 Earnings Preview: Can Gaming Company Beat Analyst Estimates With Shares At Three-Year Highs?

Brookfield (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BN#NYSE">BN</a>) has outperformed the market over the past 15 years by 2.4% on an annualized basis producing an average annual return of 14.55%. Currently, Brookfield has a market capitalization of $89.92 billion. 
Buying $100 In BN: If an investor had bought $100 of BN stock 15 years ago, it would be worth $780.28 today based on a price of $59.61 for BN at the time of writing.
<h3>Brookfield's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738798333_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 Brookfield 15 Years Ago Would Be Worth This Much Today

Billionaire investor <a href="https://www.benzinga.com/startups/25/01/43084861/mark-cubans-29-million-shark-tank-portfolio-from-200k-in-dude-wipes-to-200m-for-beatbox-beverages-im-killing-it">Mark Cuban</a> recently floated an interesting idea on X. He's thinking about launching his own meme coin, but with a twist. Unlike Donald Trump's $TRUMP token, which made waves in the crypto world, Cuban wants all the proceeds from his token sales to go straight to the U.S. Treasury to help tackle the national debt.
Cuban <a href="https://x.com/mcuban/status/1881445569727758392">said on X</a>: &#8220;If meme coins are the way, maybe I'll issue one. With a twist. Same terms as $TRUMP. 20% float. Same release schedule. One difference. All the revenue from the sale of the coins go to the U.S. Treasury. The wallet address will be published so everyone can track it. If you want to gamble, gamble. But at least use it to make a dent in the U.S. Debt. You in?&#8221;
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To put things into perspective, the U.S. national debt is sitting at a staggering $36.22 trillion, according to the U.S. Treasury. Naturally, Cuban's post blew up, racking up over 60,000 likes and sparking all kinds of reactions.&nbsp;
Some people were quick to call him out, reminding him that he had previously dismissed meme coins as &#8220;shit coins.&#8221; One user, &#8220;Injective AI Intern,&#8221; pointed out the contradiction, and Cuban clapped back, saying, &#8220;Just making the point. If it's a grift, make it a grift to benefit all Americans.&#8221;
Not everyone was against the idea, though. Journalist Brian Krassenstein chimed in, suggesting that Cuban could split the funds—half to the Treasury, half to help lower prescription drug prices.&nbsp;
Trending: According to Juniper Research, the total value of B2B cross-border payments stored on the blockchain is projected to exceed $4.4 trillion — <a href="https://www.benzinga.com/money/web3-enabler-future-of-enterprise-transactions">Join the first company to bring blockchain payments to Salesforce early with just $100.</a>
Cuban wasn't on board with that, saying he didn't want to pick favorites and that paying down the national debt was the best way to create broad benefits.
Now, Cuban and Trump have a bit of a history. Cuban has been one of Trump's biggest critics, but at the same time, he's clearly paying attention to the financial success of the $TRUMP meme coin.&nbsp;
That token skyrocketed 1,000% in just two days, peaking at $71 before cooling off to about $26.40 by Jan. 27—still a hefty 300% jump from its launch.
See Also: Nancy Pelosi Invested $5 Million In An AI Company Last Year — <a href="https://www.benzinga.com/money/elf-labs-nancy-pelosi">Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000</a>
But not everyone is thrilled about the rise of political meme coins. Ethereum co-founder Vitalik Buterin has raised red flags, calling them a &#8220;perfect bribery vehicle.&#8221; His concern? Politicians could profit without anyone actually handing them money.&nbsp;
&#8220;If a politician issues a coin, you don't even need to send them any coins to give them money,&#8221; Buterin said. &#8220;Instead, you just buy and hold the coin, and this increases the value of their holdings passively.&#8221; Basically, it's a sneaky way for financial influence to creep into politics.
Of course, not everyone sees it that way. White House AI and<a href="https://www.benzinga.com/24/11/42009965/vaneck-ceo-boldly-predicts-bitcoin-at-300k-per-coin-reaching-half-of-golds-market-cap-in-the-face-of-growing-demand"> crypto</a> advisor David Sacks compared meme coins with collectibles—think baseball cards or stamps. <a href="https://www.youtube.com/watch?v=_zOqyntqzOI">In an interview with Fox Business</a>, he said people aren't necessarily buying these tokens for financial gain but as a way to support or commemorate a political movement.
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>Built on the trusted network of Fortune 500 companies, <a href="https://www.benzinga.com/money/web3-enabler-the-most-boring-blockchain-company-partners-with-salesforce">this blockchain company partners with Salesforce to uproot lengthy and expensive B2B transactions, and you can invest with just $100.</a></li>
</ul>

Startups

Mark Cuban Mocks Meme Coins But Pitches One To Cut U.S. Debt: 'If It's A Grift, Make It A Grift To Benefit All Americans'

Illumina (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) has outperformed the market over the past 20 years by 9.24% on an annualized basis producing an average annual return of 17.63%. Currently, Illumina has a market capitalization of $19.82 billion. 
Buying $100 In ILMN: If an investor had bought $100 of ILMN stock 20 years ago, it would be worth $2,447.88 today based on a price of $125.00 for ILMN at the time of writing.
<h3>Illumina's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738797309_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.

ILMN

Here's How Much $100 Invested In Illumina 20 Years Ago Would Be Worth Today

DA Davidson analyst Tom White maintains Criteo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRTO#NASDAQ">CRTO</a>) with a Buy and raises the price target from $53 to $57.

Price Target

CRTO

DA Davidson Maintains Buy on Criteo, Raises Price Target to $57

Silicon Motion Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIMO#NASDAQ">SIMO</a>) sees Q1 sales of $158.000 million-167.000 million vs $183.95 million estimate.

Guidance

SIMO

Silicon Motion Technology Sees Q1 Sales $158.000M-167.000M vs $183.95M Est

DA Davidson analyst Linda Bolton Weiser maintains Mattel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) with a Buy and raises the price target from $27 to $30.

DA Davidson Maintains Buy on Mattel, Raises Price Target to $30

DA Davidson analyst Linda Bolton Weiser maintains Estee Lauder Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) with a Buy and maintains $81 price target.

DA Davidson Maintains Buy on Estee Lauder Cos, Maintains $81 Price Target

Silicon Motion Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIMO#NASDAQ">SIMO</a>) reported quarterly earnings of $0.91 per share which beat the analyst consensus estimate of $0.77 by 18.18 percent. This is a 2.15 percent decrease over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $191.16 million which missed the analyst consensus estimate of $195.78 million by 2.36 percent. This is a 5.54 percent decrease over sales of $202.38 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Silicon Motion Technology Q4 Adj EPS $0.91 Beats $0.77 Estimate, Sales $191.16M Miss $195.78M Estimate

Buybacks

Silicon Motion Plans New $50M Share Repurchase Program

Fluor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) has outperformed the market over the past 5 years by 7.75% on an annualized basis producing an average annual return of 20.25%. Currently, Fluor has a market capitalization of $8.19 billion. 
Buying $100 In FLR: If an investor had bought $100 of FLR stock 5 years ago, it would be worth $261.90 today based on a price of $47.77 for FLR at the time of writing.
<h3>Fluor's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738796409_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 Fluor 5 Years Ago Would Be Worth Today

"This manuscript provides comprehensive data on the safety and efficacy of Bizengri and demonstrates the meaningful results observed in the eNRGy trial," said&nbsp;Bill Lundberg, M.D., President, Chief Executive Officer of Merus. "We continue to make significant progress across our clinical pipeline of important and new cancer therapeutic candidates, all from our own Biclonics&nbsp;antibody technologies."

MRUS

Merus Says New England Journal Of Medicine Published Results Of Registrational Phase 2 eNRGy Trial For Bizengri

The dividend is payable on April 15, 2025 to common stockholders of record as of March 31, 2025.

Dividends

AvalonBay Communities Boosts Dividend By 2.9% From $1.70 To $1.75 Per Share

Skyworks Solutions Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>) shares are trading lower in Wednesday&#8217;s after-hours session after the company reported quarterly financial results and <a href="https://www.benzinga.com/pressreleases/25/02/g43512179/inseego-announces-chairman-of-the-board-transition">announced a CEO transition</a>.
<ul>
<li>Q1 Revenue: $1.068 billion, versus <a href="https://www.benzinga.com/calendars/earnings">estimates</a> of $1.066 billion</li>
</ul>
<ul>
<li>Q1 Adjusted EPS: $1.60, versus estimates of $1.57</li>
</ul>
&#8220;Skyworks started the new fiscal year with solid results, growing revenue&nbsp;4%&nbsp;sequentially and surpassing the midpoint of our&nbsp;guidance,&#8221; said Liam Griffin, president and CEO of Skyworks. 
&#8220;We have observed consistent improvement in demand indicators within Broad Markets, while we have successfully supported multiple new product launches in Mobile. Furthermore, we posted another quarter of impressive free cash flow with margins exceeding&nbsp;30%.&#8221;
Skyworks&#8217; board approved a share repurchase program of up to $2 billion through Feb. 3, 2027. The buyback succeeds in its entirety the repurchase program that was approved in 2023. The company also declared a cash dividend of 70 cents per share, payable on March 17 to shareholders of record as of Feb. 24. 
Check This Out: <a href="https://www.benzinga.com/25/02/43509115/qualcomm-q1-earnings-highlights-record-revenue-eps-beat-estimates">Qualcomm Q1 Earnings Highlights: Record Revenue, EPS Beat Estimates, &#8216;Growth Across Our Diversification Initiatives&#8217;</a>
Q2 Outlook: Skyworks expects second-quarter revenue to be between $935 million and $965 million versus estimates of $949.04 million, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. The company anticipates second-quarter adjusted earnings of $1.20 per share versus estimates of $1.22 per share. 
&#8220;We anticipate a mid-to-high teens sequential decline in mobile, consistent with historical seasonal patterns. In broad markets, we expect additional sequential and year-over-year growth,&#8221; said Kris Sennesael, senior vice president&nbsp;and CFO of Skyworks.
Leadership Transition: Skyworks announced Griffin will step down as CEO and board member. Philip Brace has been appointed president, CEO and a board member, effective Feb. 17. Griffin will remain with the company for three months to ensure a smooth transition process.
Christine King, who has served as Skyworks&#8217; lead independent director since 2019, has been appointed as chairman of the board.
SWKS Price Action: <a href="http://benzinga.com/quote/swks">Skyworks shares</a> were down 22.69% after hours at $67.32 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

Management

After-Hours Center

Movers

SWKS

Skyworks Solutions Shares Are Tumbling After Hours: What's Going On?

Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) has outperformed the market over the past 20 years by 3.91% on an annualized basis producing an average annual return of 12.3%. Currently, Alaska Air Gr has a market capitalization of $9.17 billion. 
Buying $1000 In ALK: If an investor had bought $1000 of ALK stock 20 years ago, it would be worth $10,191.84 today based on a price of $74.50 for ALK at the time of writing.
<h3>Alaska Air Gr's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738795512_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 Alaska Air Gr 20 Years Ago Would Be Worth This Much Today

Sangoma Technologies (TSX:<a class="ticker" href="https://www.benzinga.com/stock/STC#TSX">STC</a>) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.03) by 100 percent. This is a 40 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $59.10 million which missed the analyst consensus estimate of $63.18 million by 6.46 percent. This is a 5.10 percent decrease over sales of $62.28 million the same period last year.

TSX:STC

Sangoma Technologies Q2 EPS $(0.06) Misses $(0.03) Estimate, Sales $59.10M Miss $63.18M Estimate

By some estimates, there&#39;s more than $14 trillion of negative-yielding debt around the world. Plus, the <a href="https://www.benzinga.com/news/19/07/14172533/federal-reserve-issues-first-rate-cut-in-11-years">Federal Reserve lowered interest rates this week</a>, putting added emphasis on investor efforts to locate higher levels of income.

<h3>What To Know</h3>

Investment-grade corporate bonds may be appealing for conservative investors not willing to tempt fate with junk debt at a time <a href="https://www.marketwatch.com/story/yield-gap-between-risky-corporate-debt-and-investment-grade-sinks-to-12-year-low-2019-07-08">of narrowing spreads</a>. The Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSE:<a class="ticker" href="/stock/GIGB#NYSE">GIGB</a>) is an avenue to consider when looking for alternatives to traditional high-grade corporate bond ETFs.

GIGB tracks the FTSE Goldman Sachs Investment Grade Corporate Bond Index, which only features bonds with BBB- ratings and higher and those with maturities of at least one year.

<h3>Why It&#39;s Important</h3>

GIGB &ldquo;owns most of the corporate bonds from the starting universe and weights them by market value, so it should perform similarly to the broad U.S. corporate bond market most of the time,&rdquo; <a href="https://www.morningstar.com/articles/884405/6-questions-to-ask-before-buying-a-strategicbeta-b.html">said Morningstar in a recent note</a>. &ldquo;However, it attempts to slightly reduce risk by avoiding the lowest-quality corporate bond issuers (the lowest-ranking 10% in each sector). This defensive posture may cause the fund to sacrifice a little return when credit risk pays off. Overall, it isn&rsquo;t clear that there is a material benefit to this approach.&rdquo;

Translation: GIGB is a smart beta ETF in arena traditionally dominated by cap-weighted funds. The fund has an effective duration of 7.53 years, putting it in intermediate territory and that duration is high enough to imply some positive correlation to the recent rate cut. The fund also features something of a quality tilt as nearly 53% of its 1,144 holdings have one of the &ldquo;A&rdquo; ratings.

GIGB&#39;s underlying index &ldquo;applies liquidity and fundamental screens, namely change in operating margin and leverage, aimed at improving risk-adjusted returns over a market cycle. The screens seek to reduce exposure to issuers that may be less liquid and/or exhibiting signs of fundamental deterioration,&rdquo; according to <a href="http://www.gsam.com/content/dam/gsam/pdfs/us/en/fund-literature/monthly-update/mu-gigb.pdf?sa=n&amp;rd=n">Goldman Sachs Asset Management</a>.

<h3>What&#39;s Next</h3>

Over the past year, GIGB&#39;s average 30-day distribution rate was 3.43%, which is enticing relative to the current yields on 10-year Treasuries. Plus, GIGB&#39;s annual fee of just 0.14% is modest among smart beta corporate bond ETFs. Up 9.31% year to date, GIGB hit an all-time high on Thursday.

Related Links:

<a href="https://www.benzinga.com/trading-ideas/long-ideas/19/08/14176403/this-clean-energy-etf-is-cleaning-up">This Clean Energy ETF Shines</a>

<a href="https://www.benzinga.com/trading-ideas/long-ideas/19/08/14176296/best-sector-etfs-for-august-an-interesting-mix">Best Sector ETFs For August</a>

The smart beta phenomenon is starting to make its way to the world of the fixed income exchange traded funds just as bond ETFs are packing on billions of dollars in new assets. In fact, bond ETFs gathered $70 billion in the first half of 2017, putting the asset class well ahead of the record pace set last year when bond ETFs added $92 billion in new assets.
Although there are some seasoned members of the smart beta bond ETF space, many smart beta bond funds are relatively new, having come to market since the start of 2016. A significant percentage of these ETFs focus on corporate bonds, including the WisdomTree Fundamental U.S. Short-Term Corporate Bond Fund (BATS:SFIG).
&ldquo;For example, in April 2016, WisdomTree launched four fundamentally focused corporate bond ETFs, in an attempt to identify issuers with healthy balance sheets and cash flows, while tilting toward higher income,&rdquo; said <a href="https://newpublic.cfraresearch.com/">CFRA Research</a> Director of ETF &amp; Mutual Fund Research Todd Rosenbluth in a recent note. &ldquo;WisdomTree Fundamental US Short Term Corporate Bond Fund scores bonds quarterly based on free cash flow over debt service, leverage and return on investment capital, with the bottom 20% of the credits in each sector (industrials, financials and utilities) removed.&rdquo;
<h3>
	More On SFIG</h3>
SFIG has a 30-day SEC yield of 1.92 percent and an effective duration of 2.44 years. The ETF has a weighted average coupon of 3.42 percent and an average yield to maturity of 2.16 percent.
Just over two-thirds 70 holdings are rated BBB and a combined 30.5 percent are rated A or AA. SFIG charges a very reasonable 0.18 percent per year, or $18 on a $10,000 investment.
<h3>
	A New Entrant </h3>
One of the newest competitors in the smart beta bond ETF fray is the Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSE:<a class="ticker" href="/stock/GIGB#NYSE">GIGB</a>), which debuted last month. GIGB tracks the Citi Goldman Sachs Investment Grade Corporate Bond Index.
GIGB has an effective duration of almost 7.1 years and almost 86 percent of the new ETF&#39;s holdings are rated A or BBB. As has been the case with other Goldman Sachs ETFs, GIGB is off to a fast start with nearly $55 million in assets under management as of July 14th.
GIGB &ldquo;focuses on the liquidity and fundamentals of investment grade corporate bonds, the latter based on operating margin and leverage ratio. Similar to SFIG, GIGB removes the 10% lowest scoring issuers in each sector on a quarterly basis,&rdquo; said Rosenbluth.
Related Links:
<a href="https://www.benzinga.com/trading-ideas/long-ideas/17/07/9781289/2-new-etfs-offer-index-enhancements">New Enhanced ETFs</a>
<a href="https://www.benzinga.com/trading-ideas/long-ideas/17/07/9776796/blackrock-bolsters-bond-etf-roster-with-esg-smart-beta-funds">More Smart Beta Bond ETFs</a>

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