Cambria Global EW 2 ETF

GEQ
51.4280.33% ( +0.169 )
Closed: Nov 13, 16:00:00 (EDT)

News

  • U.S. Stocks Finish in the Red as the AI Trade Falters

    Tip Ranks·
    - U.S. equity markets finished mostly lower on Nov. 13 as AI-related stocks declined, with the Nasdaq dropping 0.91% and the S&P 500 sliding 0.40%. - Nvidia shares fell nearly 2% amid ongoing market pressure following the resignation of CEO Jensen Huang and governance concerns. - Despite the daily losses, major indices secured weekly gains of around 2% driven by positive earlier economic data.
  • Apple options: Nov. 27 $367.5 call prints 9,359 contracts in one trade, 28.53 times its open interest

    Options Flow·
    - On November 13, Apple options recorded a total volume of 1,405,700 contracts, with a put-call volume ratio of 1.08. - Large block trades triggered two significant contracts, including a November 27 expiry call option at $367.5 with 9,359 single-transaction contracts and a volume-to-open-interest ratio of 28.53. - The 30-day at-the-money implied volatility stood at 21.9%, while large option volumes alone do not explicitly indicate institutional bullish sentiment without further verification.
  • Apple hits record high

    Market Movers·
    - Apple reached an intraday record high of 359.37 USD, rising over 1% on the day with a year-to-date increase of 32.60%. - The company launched Apple HomeView and the 4th-generation Apple TV 4K on November 13, priced at 299 USD each with Siri AI support. - Additionally, Apple released its first touchscreen MacBook Pro with an M6 chip and OLED screen on November 6, while receiving an upgraded buy rating and a 425 USD target price from analysts.
  • Nasdaq Falls as Nvidia Selloff Continues Despite Cooler Inflation

    Tip Ranks·
    - U.S. stocks declined on Friday, led by a 1.8 % drop in the Nasdaq 100 and continued losses in technology shares despite cooler-than-expected monthly wholesale inflation data. - Investor concerns over potential Federal Reserve rate hikes intensified as annual wholesale inflation reached 6.5 %, while semiconductor stocks tumbled amid Nvidia selloffs and broader tech sector pressures. - Meanwhile, Cerebras Systems gained over 6 % on strong quarterly results, and oil prices rose following geopolitical developments related to Iran.
  • U.S. Stocks May See Early Strength As Nvidia Rebounds, Producer Prices Rise Less Than Expected

    rttnews·
    - U.S. stocks are expected to open higher on Friday, driven by an upward momentum in major index futures such as the S&P 500 rising by 0.6 percent. - The market rebound is supported by an extended recovery in Nvidia shares, which surged over 2 percent in pre-market trading. - Additional positive sentiment stems from producer prices rising less than expected during the period.
  • Apple announces release dates for the first Apple Home Collection smart devices

    The Verge·
    - Apple announced the preorder availability of the first smart home devices and accessories from the Apple Home Collection, co-developed with LG Electronics and Schneider Electric. - The initial lineup features products like the $299.95 LG Outdoor Cam and a $199 accessory, alongside the newly released Siri AI-powered HomeView smart display. - Deliveries for these preordered items are expected in mid-December as part of the company's broader expansion into the smart home market.
  • Weekly Recap | Amazon +2.84%, most brokers rate it buy

    Weekly Review·
    - Amazon closed the week at $ 266.66 with a 2.84 % gain, outperforming the S & P 500 index while driven by active developments in AI investments and security robotics. - A total of 65 institutions heavily cover Amazon with a consensus rating of strong buy and a target price of $ 326.72, showing a significant upside potential of 22.52 %. - Despite positive corporate events and strong market rankings, the stock experienced volatile trading due to macroeconomic concerns over inflation and rate hikes.
  • Microsoft points to 'broad recovery and stability' after widespread Outlook outage

    MarketWatch·
    - Microsoft reported broad recovery and service stability following a massive two-day outage affecting global organizations and services like Outlook. - Analysts estimate the technical incident, caused by a network capacity upgrade issue, could result in a 100 million to 400 million dollar negative financial impact if customer credits are issued. - The disruption affected government agencies and businesses across multiple countries while leaving core Azure cloud platforms functional.
  • Microsoft Outage Hit More Than Outlook: Even Its Cybersecurity Defenses Were Affected

    benzinga_article·
    - Microsoft experienced a service outage that disrupted several cybersecurity and data-protection functions, including Microsoft Defender, Safe Links, and Microsoft Purview. - The disruption affected critical enterprise capabilities such as data loss prevention, threat visibility, and compliance tools, raising concerns about operational reliability. - The incident highlights the risks of enterprise dependence on a single technology ecosystem and underscores the need for thorough post-incident evaluations of resilience.
  • Microsoft Outlook outage stretches into a second day. What to know.

    MarketWatch·
    - Microsoft experienced a widespread service outage extending into a second day, impacting key platforms like Outlook and Teams across 74 countries. - The disruption affected global businesses, schools, and government agencies, though Microsoft reported no evidence of malicious activity. - Microsoft shares dropped roughly 1% in premarket trading on Friday as recovery efforts continued.
  • Weekly Recap | NVIDIA -12.75%, Huang exit rattles the AI trade

    Weekly Review·
    - Nvidia shares fell 12.75 % to close at 162.85 dollars this week amid the departure of CEO Jensen Huang. - The semiconductor sector experienced widespread declines, and major institutional holdings were trimmed while market volatility increased. - Nvidia's upcoming third-quarter fiscal 2027 earnings report next Tuesday will be crucial for determining price support and valuation.
  • Needham, DA Davidson Lower Nvidia Stock (NVDA) Price Targets but Stay Bullish Despite CEO Transition Concerns

    Tip Ranks·
    - Needham and DA Davidson lowered Nvidia's stock price target to $ 200 from $ 300 while maintaining a Buy rating ahead of the Q3 FY27 earnings report. - The rating adjustments follow investor concerns over the leadership transition after CEO Jensen Huang stepped down, with CFO Colette Kress named interim CEO. - Analysts remain bullish due to Nvidia's solid foundation, strong AI infrastructure spending, and capable interim leadership despite expected near-term headwinds.