Voo ETF News

Roblox Corporation (NYSE: RBLX ) gapped up slightly higher on Monday in contrast to the S&P 500 , which opened about 1.3% lower. The stock then back-tested a support zone at $48.13 and bounced up from the level as bulls came in to buy the dip. Short interest in Roblox has been increasing, and paired with the very high level of insider ownership, these statistics could eventually make the stock a good short squeeze candidate. A massive 82.96% of Roblox’s 392.71 million share float is held by institutions and 18.93 million shares, meaning 6.69%, are held short. The number has increased from 17.77 million shares held short in December. In terms of the share price increasing organically, analysts who weighed in on the stock following the gaming platform printing its fourth-quarter earnings results on Feb. 15 maintained positive ratings and largely believe the company has wide room for growth over the coming year. Roblox … Full story available on Benzinga.com

The S&P 500 has been all over the place during the trading session on Monday as traders came back to work. That being said, the market looks as if it is trying to go positive yet again.

The S&P 500 fell 44.39 points, or 1.01%, to 4,340.26, the Nasdaq Composite slipped 81.87 points, or 0.60%, to 13,612.75

Wall Street’s main indexes fell at the open on Monday as investors assessed the fallout from a new set of sanctions imposed by the Western countries on Russia over its invasion of Ukraine. The Dow Jones Industrial Average fell 188.13 points, or 0.55 percent, at the open to 33,870.62. The S&P 500 opened lower by […]

It''s been a rough two months for most S&P 500 investors — but not all. There are still plenty of ways to make big money in this market.

W. P. Carey Inc. , a net lease real estate investment trust, said Monday it has agreed to merge with Corporate Property Associates 18 -- Global Inc. in a deal valued at about $2.7 billion, including the assumption of debt. The deal is expected to close in the third quarter. Under the terms of the deal, CPA:18 shareholders will receive 0.098 of a W. P. Carey stock and $3 in cash for each share owned. That''s equal to $10.45 a share based on the trailing three-day volume-weighted average price for W. P. Carey common stock on Friday of $76.17. The REIT will fund the cash portion of the deal using the proceeds from sales of certain CPA:18 assets before the deal closes and existing liquidity. Once the deal closes, W. P. Carey will own about 93% of the combined company. The deal is expected to immediately boost real estate adjusted funds from operations per share, and offset the loss of more than half of the earnings contribution from income earned for managing CPA:18. It will also add a "well-diversified and high-quality net lease portfolio that enhances certain portfolio metrics," the companies said in a statement.

A tense day looms for Wall Street as the war in Ukraine enters its fifth day. Our call of the day has some key levels on stocks you should be watching.

https://www.investing.com/analysis/sp-500-searches-for-support-200618934

Viatris Inc. , the company formed by the merger of Mylan and Pfizer Inc. unit Upjohn in 2020, said Monday it has reached an agreement to combine its biosimilars portfolio with Biocon Biologics Ltd. for up to $3.335 billion. The company said the move is the first in a planned series of asset sales that could generate pretax proceeds of up to $6 billion by the end of 2023, as it moves to reshape its business. Under the terms of the deal, Viatris will receive $2 billion in cash upfront, and $1 billion in convertible preferred shares, equal to a stake of at least 12.9% in Biocon Biologics. The deal is expected to close in the second half. "Upon closing, the transaction is expected to provide Viatris with immediate, enhanced financial flexibility, and accelerate its Phase I financial commitments," the company said in a statement. Biocon will target an initial public offering in India in late 2023. Pennsylvania-based Viatris will have the right to name on director to the Biocon board and will appoint its President, Rajiv Malik, to this seat.

The US 500 stock index (Cash) has gapped back beneath its 50-period simple moving average (SMA), throwing some doubt into whether the bounce from

Asian equities are impressively resilient US futures were crushed at the Asian open this morning, unwinding all of Friday’s impressive gains. Since then, US index futures have pared some of those initial losses, while several key Asian markets are actually trading in positive territory. Futures on the S&P 500 are 1.20% lower, while the Nasdaq […]

Kyle Rodda, a market analyst at IG Australia, says US and European stock futures sank, but Asia-Pacific stocks were mostly higher in volatile trading, buoyed by Wall Street gains from Friday when the S&P 500 closed up 2.51%.

Asia-Pacific stocks were mostly higher in volatile trading, buoyed by Wall Street gains from Friday, when the S&P 500 closed up 2.51%. Japan''s Nikkei 225 rose 0.48%, recovering from an earlier loss. Australia''s benchmark added 0.64% after also being down at one point. Chinese blue chips, though, slipped 0.21%. MSCI''s index of regional stocks eked out a 0.09% gain.

The S&P 500 index future tumbled on Monday after the Ukraine war escalated over the weekend. Western powers blocked Russia’s access to the SWIFT payment network, sending crude oil prices higher and…