Later today, Apple has an invitation only event scheduled at the Yerba Buena Center for the Arts Theater in San Francisco (10 am Pacific time). Apple has confirmed that the meeting will have a music theme, but beyond that it’s anyone’s guess as to what will transpire at the much anticipated event (some believe the 9/9/09 date is an indication of big things to come). While we don’t have any inside information, here’s a look at several possible scenarios, as well as some speculation on how today’s meeting at one of the world’s most talked about companies may move technology ETFs. [click to continue…]
News broke earlier today that Microsoft and Yahoo! have reached a major search engine deal that will allow Microsoft to become the search engine behind Yahoo!, which will become the worldwide exclusive relationship sales force for both companies’ premium search advertiser. The deal is obviously a blockbuster, one that both companies believe will change the [...]
As the ETF industry has exploded on to the scene in recent years, sponsors have aggressively launched funds in an attempt to gain market share. While many of these new ETFs have attracted sufficient investor funds to justify continued operation, some have failed to garner a level of investment necessary to support an active, liquid market [...]