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Should First Trust NASDAQ-100 Select Equal Weight ETF (QQEW) Be on Your Investing Radar?
ZACKS· 2026-02-27 12:20
Core Viewpoint - The First Trust NASDAQ-100 Select Equal Weight ETF (QQEW) is a passively managed ETF aimed at providing broad exposure to the Large Cap Growth segment of the US equity market, with assets exceeding $1.73 billion, making it one of the larger ETFs in this category [1] Group 1: Large Cap Growth - Large cap companies typically have a market capitalization above $10 billion and are considered more stable with predictable cash flows, exhibiting less volatility compared to mid and small cap companies [2] - Growth stocks are characterized by faster growth rates, higher valuations, and above-average sales and earnings growth rates, although they tend to be more volatile [3] Group 2: Costs - The ETF has an annual operating expense ratio of 0.55%, which is competitive within its peer group, and a 12-month trailing dividend yield of 0.43% [4] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation of approximately 50.5% to the Information Technology sector, with Healthcare and Telecom also being prominent sectors [5] - Western Digital Corporation (WDC) represents about 3.21% of total assets, with the top 10 holdings comprising approximately 26.18% of total assets under management [6] Group 4: Performance and Risk - QQEW aims to match the performance of the NASDAQ-100 Equal Weighted Index, having lost about 5.29% year-to-date and gained approximately 3.83% over the past year as of February 27, 2026, with a trading range between $106.81 and $146.24 in the past 52 weeks [7] - The ETF has a beta of 1.06 and a standard deviation of 17.41% over the trailing three-year period, indicating a medium risk profile with effective diversification across 51 holdings [8] Group 5: Alternatives - The Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ) are alternative ETFs tracking similar indices, with VUG having $196.69 billion in assets and an expense ratio of 0.03%, while QQQ has $399.83 billion in assets and charges 0.18% [11] Group 6: Bottom-Line - Passively managed ETFs like QQEW are increasingly popular among retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [12]
Why Is Dell Technologies Stock Soaring Friday? - Dell Technologies (NYSE:DELL)
Benzinga· 2026-02-27 12:19
Dell Technologies Inc. (NYSE:DELL) shares rocketed in premarket trading on Friday after the company posted a fourth-quarter earnings report that beat Wall Street expectations on both revenue and profit.The Numbers Behind the PopDell reported fourth-quarter earnings of $3.89 per share, topping the consensus estimate of $3.53 by more than 10%. Revenue came in at $33.38 billion, clearing the Street’s $31.73 billion estimate and surging from $23.93 billion in the year-ago period.The company also announced a 20% ...
How to Join the Johnson Fistel, PLLP Investigation if You Purchased Duolingo, Inc. (DUOL) and Suffered Losses
Globenewswire· 2026-02-27 12:19
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Duolingo, Inc. following a significant decline in its stock price after the company announced disappointing financial results and guidance [1][3]. Group 1: Investigation Details - The investigation focuses on whether Duolingo's executive officers complied with federal securities laws, particularly in light of the company's recent disclosures [4]. - Duolingo's stock fell by over 30% in pre-market trading on February 27, 2026, after the announcement of slower bookings growth and reduced profitability expectations [3]. Group 2: Company Background - Duolingo announced its financial results for the fourth quarter and full fiscal year ended December 31, 2025, on February 26, 2026 [3]. - The company is facing scrutiny from investors due to the significant losses incurred following its financial disclosures [2][4]. Group 3: Law Firm Background - Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm that represents individual and institutional investors in securities class action lawsuits [5]. - The firm has a strong track record, having recovered approximately $90,725,000 for clients in previous cases, and has been recognized as a top plaintiffs' securities law firm multiple times [6].
Target Says It Will Soon Only Carry Cereals Made Without Synthetic Colors
WSJ· 2026-02-27 12:19
Core Insights - Target will exclusively offer cereals made without certified synthetic colors in its stores, responding to consumer preferences and sales trends that indicate a growing demand for foods free from artificial additives [1] Company Strategy - The decision to eliminate cereals with synthetic colors is based on guest insights and sales-trend data, reflecting a strategic shift towards healthier product offerings [1]
CRWV Investor Alert: CoreWeave, Inc. Securities Fraud Class Action Focuses on Infrastructure Delays; BFA Law Notifies Investors of March 13 Court Deadline
Globenewswire· 2026-02-27 12:18
Core Points - A class action lawsuit has been filed against CoreWeave, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][4] - Investors have until March 13, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of New Jersey [4][10] Company Overview - CoreWeave is an AI-focused cloud computing company that operates data centers providing high-performance GPU infrastructure [5] - The company relies on partnerships, including a merger agreement with Core Scientific announced on July 7, 2025 [5] Allegations of Misconduct - The lawsuit claims CoreWeave misrepresented its ability to meet customer demand and concealed significant construction delays at its data centers [6][10] - CoreWeave assured investors of its capability to capitalize on unprecedented demand and rapidly scale operations, which is alleged to be overstated [6] Stock Performance and Impact - On October 30, 2025, CoreWeave's stock dropped by $8.87 (over 6%) after the merger with Core Scientific was terminated due to insufficient shareholder votes [7] - Following a revenue guidance reduction on November 10, 2025, the stock fell by $17.22 (over 16%) [8] - A report on December 15, 2025, regarding delays in a major data center project led to an additional stock drop of $2.85 (over 3%) [9]
FRMI Investor Alert: Fermi Inc. Securities Fraud Class Action Focuses on Cancellation of $150 Million Customer Agreement; BFA Law Notifies Investors of March 6 Court Deadline
Globenewswire· 2026-02-27 12:18
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - Investors have until March 6, 2026, to request to lead the case, which includes claims of securities fraud under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Sections 11 and 15 of the Securities Act of 1933 [3][10]. - The lawsuit is pending in the U.S. District Court for the Southern District of New York, titled Lupia v. Fermi Inc., et al., No. 1:26-cv-00050 [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies, with its flagship project being Project Matador [4]. - The company completed its IPO in October 2025, claiming strong demand for Project Matador and securing an agreement with a tenant for a 20-year lease [5]. Group 3: Allegations and Stock Impact - Allegations state that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. - Following the announcement of the First Tenant's termination of the agreement on December 11, 2025, Fermi's stock dropped by $5.16 per share, over 33%, from $15.25 to $10.09 [7][10].
HUBG Investor Alert: Hub Group Inc. Securities Fraud Investigation Focuses on Financial Restatement; BFA Law Notifies Investors with Losses to Contact the Firm
Globenewswire· 2026-02-27 12:18
Core Viewpoint - Hub Group Inc. is under investigation for potential violations of federal securities laws, specifically regarding misrepresentation of financial data related to transportation costs and accounts payable for the first nine months of 2025 [1][2]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is leading the investigation into Hub Group for possible misrepresentation of its purchased transportation costs and accounts payable [2]. - The investigation follows Hub Group's announcement of a delay in releasing its fourth quarter and full year 2025 financial results, along with a restatement of its financial statements for the first three quarters of 2025 due to an error [3]. Group 2: Stock Market Reaction - Following the announcement of the financial restatement, Hub Group's stock price dropped over 24% during trading on February 6, 2026 [4].
MCW Investor Alert: Mister Car Wash, Inc. Announces $7 per share Take Private Deal – BFA Law is Investigating whether the Board Breached their Fiduciary Duties to Shareholders
Globenewswire· 2026-02-27 12:18
Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Mister Car Wash, Inc. and its controlling stockholder, Leonard Green & Partners, L.P. (LGP), for potential breaches of fiduciary duties related to a proposed take-private sale at $7 per share, which may be considered unfair to public shareholders [1][3][6]. Group 1: Investigation Details - The investigation is prompted by the announcement on February 18, 2026, that Mister Car Wash agreed to be acquired by LGP for $7.00 per share, which may represent an unfairly low price for shareholders [3]. - LGP owns over 66% of Mister Car Wash's common stock, allowing it to exert significant control over corporate decisions, including mergers and acquisitions [4]. - LGP has already approved the take-private sale using its shares, and the company does not intend to seek further votes from public shareholders, raising concerns about potential conflicts of interest [5]. Group 2: Legal Options for Shareholders - Current shareholders of Mister Car Wash are encouraged to seek additional information regarding their legal options and may submit their information to BFA Law for potential representation [2][7]. - BFA Law operates on a contingency fee basis, meaning shareholders will not incur costs unless the firm secures a favorable outcome [7].
Healthcare Triangle Subsidiary QuantumNexis Inc. Launches its Dubai, UAE Operations to accelerate Digital Health Transformation across the GCC Countries
Prnewswire· 2026-02-27 12:18
Core Insights - Healthcare Triangle's subsidiary QuantumNexis Inc. has launched operations in Dubai, UAE, aiming to enhance digital health transformation across the GCC countries [1] - The launch is part of a strategic expansion to support national healthcare modernization initiatives in the UAE, Saudi Arabia, Qatar, Oman, and Bahrain [1] - QuantumNexis integrates multiple brands and partnerships, including Ezovion Health OS, Ziloy.ai, and Better.care, to deliver AI-powered healthcare solutions [1] Market Opportunity - The GCC is identified as one of the fastest-growing digital health markets globally, driven by government investments and AI adoption [1] - The digital health market in Saudi Arabia is projected to exceed USD 11 billion by 2033, while the UAE's market is expected to reach USD 1.84 billion by 2030 [1] Strategic Focus Areas - Key focus areas for QuantumNexis include regulatory compliance, workforce capability development, digital mental health solutions, AI-powered automation, and interoperability [1] - The company aims to deliver compliant and AI-native healthcare solutions tailored to regional needs [1]
Atlas Salt Commences Site Preparation Activities
Accessnewswire· 2026-02-27 12:17
ST GEORGE'S, NL / ACCESS Newswire / February 27, 2026 / Atlas Salt Inc. ("Atlas Salt" or the "Company") (TSXV:SALT)(OTCQX:SALQF)(FRA:9D00) announces that it has fulfilled the applicable Environmental Assessment ("EA") conditions necessary to initiate Early Works for the Great Atlantic Salt Project (the "Project"), located near St. George's, Newfoundland and Labrador. Commencement of Land Clearing and Site Preparation Activities The Company confirms that: The Early Works Development Plan and associated Envir ...