Xtrackers Harvest CSI 300 China A-Shares ETF (ARCA: ASHR)

Últimas noticias sobre Xtrackers Harvest CSI 300 China A-Shares ETF (ARCA:ASHR)

Xtrackers Harvest CSI 300 China A-Shares ETF

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The fund, using a passive or indexing investment approach, seeks investments results that correspond generally to the performance, before fees and expense, of the CSI 300 Index (the Underlying Index), which is designed to reflect the price fluctuation and performance of the China A-Share market and is composed of the 300 largest and most liquid stocks in the China A-Share market. DBX Advisors LLC (the Advisor) expects that, over time, the correlation between the funds performance and that of the Underlying Index, before fees and expenses, will be 95 percent or better. A figure of 100 percent would indicate perfect correlation.

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EE. UU. y China acuerdan un marco para implementar el consenso de Ginebra y pausar tarifas por 90 días. Incluye tecnología y tierras raras.

Estados Unidos y China alcanzan acuerdo clave para pausar tarifas comerciales

Everyone wants to be rich,&nbsp; but getting clear on your motivation can give you the extra motivation to boost your income and build wealth. That's why financial TikToker Tori Dunlap encouraged her audience to <a href="https://www.tiktok.com/@herfirst100k/video/7514814151542197534?lang=en">get clear on why they want money</a>.
"I want to be rich because of the options money affords me," she explained.&nbsp;&nbsp;
<h2 class="wp-block-heading">More Money Leads To Greater Lifestyle Flexibility</h2>
Dunlap focuses on growing her wealth due to the additional flexibility money provides. You can go on vacations, have less stress about making monthly mortgage payments, and access a greater range of experiences.
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<li>Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can <a href="https://www.benzinga.com/money/how-peter-thiel-turned-his-roth-ira-into-5-billion-and-why-accredited-investors-are-now-eyeing-this-smartphone-disruptor">invest with $1,000 at just $0.30/share.</a></li>
</ul>
She pointed out that you can escape from an unsafe situation if you become rich. This can include a hazardous workplace or a toxic work culture. It can also include not being financially dependent on an unfaithful spouse.&nbsp;
Many people use money as a roadblock when saying they can't do certain things. Instead of viewing the lack of money as a roadblock, think about how your life would change if you put in the work to improve your financial situation. Having a growth-oriented mindset can help you earn enough income where things that previously felt out of reach become quite possible.
Trending: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
<h2 class="wp-block-heading">Think About Who You Want To Support</h2>
Dunlap's TikTok video went into some of the options you have if you make more money, but the video didn't only focus on what you can do for yourself with the extra money. She also encouraged people to think about causes they believe in and pay their parents for all of their sacrifices.
Some people don't want to spend money on themselves besides the necessities. However, if you think about a person or an organization you want to support, it may give you the extra inspiration to start a side hustle, ask for a raise, or switch to a higher-paying job.
If you're single, you may also want to think about saving up and building your career for the day that you may become a parent. Even if you don't intend on marrying or having kids, it's good to have this motivation in mind just in case you change your mind. That way, if you want to become a parent, you have put yourself in a better financial position to make it happen.
See Also: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.
<h2 class="wp-block-heading">The Pursuit Of Wealth Is Not Greedy</h2>
Dunlap wraps up her TikTok by saying that pursuing wealth is not an act of greed. She explained that pursuing more money is simply a way to give yourself more options.&nbsp;
Viewing money and greed as two sides of the same coin is a dangerous mindset, as it can be a mental hurdle that limits your ability to grow your income. If you despise something or view it as the cause of many bad things in the world, you won't be inspired to work hard to attract more money into your life.&nbsp;
Dunlap isn't building her wealth just for the sake of having a second comma or determining how much she can earn in her lifetime. Instead, she views money as a tool that gives you more choices. Framing money in this way can lead to a healthier mentality that makes it easier to grow your earnings.
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<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/how-peter-thiel-turned-his-roth-ira-into-5-billion-and-why-accredited-investors-are-now-eyeing-this-smartphone-disruptor">with $1,000 you can invest at just $0.30/share!</a></li>
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Personal Finance

Tori Dunlap Encourages People To Think About Their Motivation For Becoming Rich: 'I Want To Be Rich Because Of The Options Money Affords Me'

Anthropic co-founder Ben Mann says true "transformative AI" will arrive only after systems ace what he calls the "economic Turing test."
What Happened: Mann, in a recent appearance on the &#8216;No Priors&#8217; podcast, defined the &#8220;economic Turing test&#8221; as a workplace trial that forces hiring managers to choose between a month-long contractor and an AI agent for the same job.
Passing the test would mark "when things start to get really interesting from a societal and cultural standpoint," Mann noted.
Mann's yardstick swaps laboratory benchmarks for a market basket covering "50% of economically valuable tasks." Each human supervisor would "hire an agent" to perform the work. If, at the end of the month, the manager prefers the machine, "then it passed," he said.
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Mann does warn that the exercise has its limitations. "Interviews are only a poor approximation of real-world job performance," he observed, dismissing current testing measures as limited and too theoretical.
See also: <a href="https://www.benzinga.com/markets/tech/25/06/45919978/larry-ellison-overtakes-jeff-bezos-mark-zuckerberg-to-become-worlds-second-richest-amid-oracles-watershed-moment">Larry Ellison Overtakes Jeff Bezos, Mark Zuckerberg To Become World&#8217;s Second Richest Amid Oracle&#8217;s &#8216;Watershed&#8217; Moment</a>
Anthropic has already run its Claude models through internal interviews and found them "extremely good," though Mann conceded that the formal trial "hasn't started" and might not come until after the firm's next release cycle. He pegged 2028 as a "quite possible" window for artificial general intelligence but cautioned that precise timelines remain guesswork.
Why It Matters: Mann&#8217;s coinage of the phrase &#8220;economic Turing test&#8221; builds on the Turing Test, which is a simple method of inquiry in artificial intelligence for determining whether or not a computer is capable of thinking like a human being.
OpenAI&#8217;s ChatGPT 4 became the first AI LLM to pass a two-player Turing test, fooling human conversation partners 54% of the time back in July 2024. GPT-4.5 achieved a 73% success rate in a more formal test in March earlier this year. However, critics have posed several reasons over the years challenging the accuracy of the test in determining the true intelligence of machines.
A new Wharton study also found that large language models now create <a href="https://www.benzinga.com/tech/25/03/44369538/ai-just-passed-the-meme-turing-test-study-finds-llms-now-create-funnier-memes-than-most-humans">memes humans rate as funnier</a> than the average person's, effectively passing the "meme Turing Test."
Anthropic's momentum is accelerating. A March Series E round pushed its <a href="https://www.benzinga.com/tech/25/03/44099466/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs">valuation to $61.5 billion</a>, positioning the startup backed by Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) as OpenAI's fiercest privately held rival.
Image via Shutterstock
Read next: <a href="https://www.benzinga.com/markets/tech/25/06/45900050/chatgpt-kept-begging-to-restart-before-being-beaten-by-1979-atari-2600-in-a-beginner-level-chess-showdown">ChatGPT Kept &#8216;Begging To Restart&#8217; Before Being Beaten By 1979 Atari 2600 In A &#8216;Beginner Level&#8217; Chess Showdown</a>
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Tech

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Anthropic Co-founder Says AGI 'Possible' By 2028 But 'Transformative AI' Will Have To Pass The 'Economic Turing Test'

Mark Cuban, the billionaire entrepreneur, shared insights into his early business journey, revealing that he did not take a vacation for seven years while building his first company.
What Happened: The revelation came during an episode of &#8220;The Playbook,&#8221; a video series by Sports Illustrated and Entrepreneur, <a href="https://www.cnbc.com/2025/06/13/mark-cuban-i-didnt-take-a-vacation-while-building-my-first-business.html">via</a> CNBC, published on June 3.
Cuban, who founded the software company MicroSolutions at 24, was living with six roommates after losing his job. He described his financial struggles as a motivating factor, stating, &#8220;I was broke as f&#x2A;&#x2A;&#x2A;.&#8221;
"I didn't take a vacation for the next 7 years," Cuban added.
His relentless focus on his business, he believes, was crucial to his success, which includes a long tenure on ABC&#8217;s &#8220;Shark Tank&#8221; and ownership of the NBA&#8217;s Dallas Mavericks.
He emphasized that achieving success required sacrificing work-life balance, saying, &#8220;There is no balance. If you want to crush the game, whatever game you're in, there's somebody working 24 hours a day to kick your ass.&#8221;
Cuban&#8217;s work ethic led to the sale of MicroSolutions for $6 million and later Broadcast.com for $6 billion. His net worth is now estimated at $5.7 billion, according to Forbes.
See Also: <a href="https://benzinga.com/markets/tech/25/06/45920468/barack-obama-once-told-airbnb-ceo-brian-chesky-not-to-lead-like-a-self-driving-car-heres-what-former">Barack Obama Once Told Airbnb CEO Brian Chesky Not To Lead Like A &#8216;Self-Driving Car:&#8217; Here&#8217;s What Former President Meant</a>
Why It Matters: Cuban&#8217;s journey from financial struggles to becoming a billionaire underscores the importance of perseverance in entrepreneurship. Cuban&#8217;s insights are particularly relevant in today&#8217;s rapidly evolving business landscape, where technology and innovation are reshaping industries.
In a recent discussion, Cuban highlighted the potential impact of <a href="https://www.benzinga.com/news/topics/25/06/45889687/mark-cuban-predicts-ai-video-will-trigger-an-explosion-in-face-to-face-engagement-events-and-jobs-calls-it-the-milli-vanilli-effect">AI-generated video</a> on face-to-face interactions, predicting a surge in in-person engagements as digital content becomes more easily manipulated.
This perspective aligns with his belief in the value of authenticity and direct communication, principles that have guided his career.
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<li><a href="https://www.benzinga.com/markets/equities/25/06/45938248/trump-approves-nippon-steels-14-9-billion-bid-for-us-steel">Trump Approves Nippon Steel&#8217;s $14.9 Billion Bid For US Steel</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Mark Cuban Talks About His Struggles During His First Company: 'I Didn't Take A Vacation For…7 Years'

President Donald Trump has unveiled a plan to make every newborn in the United States a stock investor. This initiative is part of his &#8220;One Big Beautiful Bill,&#8221; a comprehensive tax and spending package that has passed the House and is now under Senate review.
What Happened: The proposal, if enacted, would create a<a href="https://www.benzinga.com/general/health-care/25/05/45537041/trumps-tax-bill-expands-child-benefits-with-2500-credit-and-1000-savings-boost-for-babies-born-through-2028"> tax-deferred investment account for each child</a> born between January 1, 2025, and December 31, 2028. The government would seed each account with $1,000, and guardians could contribute up to $5,000 annually.
The investments would be limited to broad U.S. index funds with low fees and no leverage.
Withdrawals from these accounts would be restricted until the child reaches 18, and accounts would close when the holder turns 31. The White House emphasized the potential for compounded growth, citing endorsements from leaders of companies like Dell Technologies Inc. and Goldman Sachs Group.
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45938132/us-marines-detain-civilian-in-los-angeles-amid-immigration-protests-first-known-incident-of-its-kind-report">US Marines Detain Civilian In Los Angeles Amid Immigration Protests, First Known Incident of Its Kind: Report</a>
Renowned investor Warren Buffett, known for advocating early and long-term investing, has not directly commented on the plan. However, experts suggest the proposal aligns with his investment philosophy.
During a Berkshire meeting in 1999, Buffett, while replying to a shareholder who asked how to become a multi-billionaire, said ‘start young,' as<a href="https://www.businessinsider.com/trump-baby-accounts-warren-buffett-investing-stocks-compounding-wealth-inequality-2025-6"> per</a> a Business Insider report.
&#8220;The nature of compound interest is it behaves like a snowball of sticky snow. And the trick is to have a very long hill, which means either starting very young or living to be very old,&#8221; said Buffett.
The program aims to address wealth inequality by encouraging savings and financial literacy, though challenges for lower-income families remain.
Why It Matters: The proposal has sparked debate among economists and financial experts. Economist<a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45854379/economist-peter-schiff-criticizes-trumps-1000-baby-account-proposal-calls-it-unconstitutional-and-a-bad-idea-that-will-only-saddle-them-with-more-debt"> Peter Schiff criticized the initiative</a>, labelling it &#8220;unconstitutional&#8221; and a &#8220;bad idea,&#8221; arguing that it could increase national debt burdens on future generations. Schiff suggests reducing deficit spending now to avoid future financial burdens.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: mark reinstein / Shutterstock.com

Politics

Trump's $1,000 Baby Account Aligns With Billionaire Investor Warren Buffett's 'Start Young' Philosophy

President Donald Trump has given the green light to Nippon Steel&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NPSCY#OTC">NPSCY</a>) $14.9 billion acquisition of U.S. Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>). This concludes an 18-month journey marked by union resistance and dual national security assessments.
What Happened: Trump signed an executive order on Friday, permitting the merger to proceed, contingent upon the companies reaching an agreement with the Treasury Department to address national security concerns, according to a Reuters report on Saturday.
The companies confirmed they have signed the necessary agreement, fulfilling Trump&#8217;s conditions and effectively securing the merger&#8217;s approval.
The agreement includes a commitment to invest $11 billion by 2028, along with governance, production, and trade commitments. Nippon Steel will acquire a 100% stake in U.S. Steel, as stated by a spokesperson from the Japanese company.
However, details regarding the &#8220;golden share&#8221; promised to the U.S. government remain unclear. This share is intended to provide the government with veto power over significant decisions concerning U.S. Steel, according to U.S. Senator David McCormick (R-Pa.).
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45938132/us-marines-detain-civilian-in-los-angeles-amid-immigration-protests-first-known-incident-of-its-kind-report">US Marines Detain Civilian In Los Angeles Amid Immigration Protests, First Known Incident of Its Kind: Report</a>
The report also noted that Nippon Steel plans an additional $3 billion investment for a new mill post-2028. This acquisition positions Nippon Steel to benefit from U.S. infrastructure projects while avoiding hefty breakup fees and tariffs faced by foreign competitors.
Why It Matters: The approval of this acquisition marks a significant shift in the U.S. steel industry landscape. Initially, President<a href="https://www.benzinga.com/25/05/45596866/president-trump-approves-us-steel-nippon-steel-partnership"> Trump had blocked Nippon Steel&#8217;s acquisition</a> attempt due to security concerns, leading to a partnership instead.
This partnership was projected to create 70,000 jobs and inject $14 billion into the U.S. economy.
In a strategic move to secure the deal, <a href="https://www.benzinga.com/markets/equities/25/05/45510183/nippon-steel-pledges-14-billion-including-new-us-mill-to-win-trumps-approval-for-us-steel-deal-report">Nippon Steel pledged</a> to invest $14 billion, including up to $4 billion for a new steel mill. This was part of a broader strategy to win the Trump administration&#8217;s approval.
Moreover, the U.S. government will maintain strategic control over U.S. Steel through a <a href="https://www.benzinga.com/government/regulations/25/05/45638403/us-government-to-hold-strategic-control-over-us-steel-in-149-billion-nippon-deal-david-mccormick-says">golden share arrangement</a>, granting it veto power over key operational decisions. This ensures that the U.S. retains influence over the steelmaker&#8217;s future.
Additionally, Trump doubled U.S.<a href="https://www.benzinga.com/news/topics/25/05/45708977/trump-doubles-steel-tariffs-to-50-saying-it-will-secure-american-jobs-backs-us-steels-takeover-by-japans-nippon"> tariffs on imported steel to 50%</a> in a bid to protect domestic jobs, while endorsing the sale of U.S. Steel to Nippon Steel. This tariff hike is seen as a measure to revitalize the American steel industry.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: T. Schneider / Shutterstock.com

Equities

NPSCY

Trump Approves Nippon Steel's $14.9 Billion Bid For US Steel

U.S. Marines have detained a civilian in Los Angeles, marking the first known instance of active-duty military involvement in such actions within the city. This comes amid heightened tensions over immigration enforcement and ongoing protests.
What Happened: According to a Reuters report, U.S. Marines temporarily detained a civilian in Los Angeles on Friday. This marks the first known instance of active-duty troops, deployed by President Donald Trump, detaining a civilian in the city.
The incident occurred at the Wilshire Federal Building, where Marines were tasked with safeguarding the premises amidst ongoing protests over immigration raids.
Images captured by Reuters depicted Marines restraining the individual, identified as Marcos Leao, with zip ties before transferring him to the Department of Homeland Security.
Leao, an Army veteran and U.S. citizen, stated he was treated fairly after inadvertently crossing a restricted area while heading to a Department of Veterans Affairs office.
See Also: <a href="https://benzinga.com/news/politics/25/06/45919604/trumps-big-beautiful-bill-pulls-1600-from-poorest-adds-12000-for-richest-annually-shows-cbo-analysi">Trump&#8217;s &#8216;Big, Beautiful Bill&#8217; Pulls $1,600 From Poorest, Adds $12,000 For Richest Annually, Shows CBO Analysis</a>
The U.S. military&#8217;s Northern Command spokesperson clarified that active-duty forces can temporarily detain individuals under specific conditions, ensuring the transfer to civilian law enforcement is immediate.
Currently, 200 Marines and over 2,000 National Guard members are stationed in Los Angeles to protect federal assets and personnel. An additional 500 Marines and 2,000 National Guard troops are expected to join, accompanying ICE agents on raids.
While troops can detain threats temporarily, they are not authorized to make arrests, adhering to the Posse Comitatus Act. However, invoking the Insurrection Act could expand military involvement in civilian law enforcement.
Why It Matters: The deployment of Marines to Los Angeles streets, authorized by President Donald Trump, has escalated federal-state tensions, particularly as California has challenged this military involvement in immigration enforcement.
California Governor Gavin<a href="https://www.benzinga.com/news/politics/25/06/45900294/trump-deploys-marines-to-la-with-authority-to-detain-civilians-california-challenges-military-involvement-in-immigration-enforcement"> Newsom has opposed the deployment</a>, marking the first federal activation of the National Guard without gubernatorial consent since 1965.
A federal appeals court recently allowed Trump to maintain control over California&#8217;s National Guard, temporarily blocking a lower court ruling that would have<a href="https://www.benzinga.com/news/politics/25/06/45919950/appeals-court-allows-trump-to-keep-national-guard-in-california-for-now"> returned control to Governor Newsom</a>.
The ongoing protests have also led to curfews and mass arrests in Los Angeles, with 197 arrests reported in a single day, highlighting the intensity of the situation.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Rawpixel.com / Shutterstock.com

US Marines Detain Civilian In Los Angeles Amid Immigration Protests, First Known Incident of Its Kind: Report

President Donald Trump disclosed his knowledge of Israel&#8217;s planned attacks on Iran and said that he tried to delay them in hopes of securing a deal.
What Happened: Trump revealed in a phone interview with Reuters on Friday that he was aware of Israel&#8217;s impending attacks on Iran, despite his efforts to prevent them.
The president expressed hope for a nuclear agreement with Iran, stating, &#8220;They can still work out a deal, however, it's not too late.&#8221;
Trump had urged Benjamin Netanyahu, the Israeli Prime Minister, to delay military action to allow for diplomatic negotiations. However, he praised the strikes as &#8220;excellent&#8221; and &#8220;very successful&#8221; in several media interviews.
The U.S. president voiced support for Israel&#8217;s military actions, indicating a readiness to use force to hinder Iran&#8217;s nuclear ambitions. Despite some allies advocating for restraint, Trump emphasized the strong U.S.-Israel alliance, stating, &#8220;We've been very close to Israel. We're their number one ally by far.&#8221;
See Also: <a href="https://benzinga.com/markets/tech/25/06/45897537/jamie-dimon-recalls-first-palantir-meeting-holy-christ-this-is-unbelievable-jpmorgan-now-has-600-ai-">Jamie Dimon Recalls First Palantir Meeting: &#8216;Holy Christ, This Is Unbelievable—&#8217; JPMorgan Now Has 600 AI Use Cases, $2 Billion Annual Investment On AI</a>
Later, two U.S. officials confirmed that the American military assisted in intercepting Iranian missiles targeting Israel, underscoring the U.S.&#8217;s commitment to its ally.
Why It Matters: Trump's statement comes after Marco Rubio, the Secretary of State and National Security Adviser, emphasized that <a href="https://www.benzinga.com/news/politics/25/06/45919250/trump-administration-distances-us-from-israels-strikes-on-iran-we-are-not-involved-says-marco-rubio">Israel acted independently</a>. He stated, "We are not involved in strikes against Iran and our top priority is protecting American forces in the region." Rubio also warned Iran against targeting U.S. interests or personnel.
While Trump supports Israel&#8217;s actions, his administration has sought to separate itself from these strikes.
Following the strikes, Trump issued a <a href="https://www.benzinga.com/news/politics/25/06/45922022/trump-issues-stark-warning-to-iran-to-make-a-deal-after-israels-strikes-on-nuclear-sites-just-do-it-before-its-too-late">stern warning to Iran</a>, urging the nation to negotiate a deal or face severe consequences. This warning underscores the heightened tensions and the potential for further escalation.
The escalating conflict between Iran and Israel is also impacting global markets. Rising tensions and Trump&#8217;s threats have led to increased uncertainty, causing a shift from <a href="https://www.benzinga.com/markets/market-summary/25/06/45922513/global-markets-slide-as-iran-israel-conflict-heats-up-oil-soars">equities to safe-haven assets like gold</a>. Additionally, crude oil prices are soaring as the conflict threatens OPEC&#8217;s crude supply.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Joey Sussman / Shutterstock.com

Marco Rubio's 'We Are Not Involved' To Trump's 'We Knew Everything' About Israel's Strikes On Iran

On Friday, Cathie Wood-led Ark Invest made substantial trades, notably in Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>), Kratos Defense and Security Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KTOS#NASDAQ">KTOS</a>), and Nextdoor Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIND#NYSE">KIND</a>).
The ACHR Trade: Ark Invest&#8217;s ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>), ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>), and ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>) collectively purchased a total of 3,317,807 shares of Archer Aviation Inc.
Based on the closing price of the day, the value of the trade stands at around $33.14 million.
See Also:<a href="https://www.benzinga.com/personal-finance/management/25/06/45937276/billionaire-warren-buffett-said-time-is-the-only-thing-money-cant-buy-i-can-buy-anything-i-wantbut-i-cant-buy-time"> Billionaire Warren Buffett Said Time Is The Only Thing Money Can&#8217;t Buy — &#8216;I Can Buy Anything I Want…But I Can&#8217;t Buy Time&#8217;</a>
The KTOS Trade: On the same day, Ark Invest&#8217;s ARKQ and ARKX sold a total of 46,941 shares of Kratos Defense and Security Solutions Inc.
The value of this trade, calculated based on the closing price, is approximately $1.96 million.
The KIND Trade: Ark Invest's ARK Next Generation Internet ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#BATS">ARKW</a>) bought 200,137 shares of Nextdoor Holdings Inc. This trade comes after <a href="https://www.benzinga.com/markets/equities/25/06/45919026/cathie-woods-ark-invest-loads-up-on-nextdoor-exits-avidxchange">Ark Invest&#8217;s recent acquisition</a> of 300,387 shares of Nextdoor Holdings Inc, indicating a growing interest in the company.
The value of this trade, calculated from the closing price, is around $304 thousand.
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<li><a href="https://www.benzinga.com/news/politics/25/06/45919250/trump-administration-distances-us-from-israels-strikes-on-iran-we-are-not-involved-says-marco-rubio">Trump Administration Distances US From Israel&#8217;s Strikes On Iran: &#8216;We Are Not Involved,&#8217; Says Marco Rubio</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: ChrisStock82 / Shutterstock.com

ACHR

ARKK

ARKQ

ARKW

ARKX

KIND

KTOS

Cathie Wood's Ark Invest Loads Up On Archer Aviation, Nextdoor Holdings

With U.S.–China trade tensions and Middle East unrest <a href="https://www.benzinga.com/markets">rocking global markets</a>, Latin America's stock exchanges &#8211; especially Brazil's Bovespa and Mexico's IPC &#8211; are hitting record highs as investors seek lower‑correlation havens. Brazil and Mexico's markets are shining as havens from Trump's tariff threats and Middle East chaos.
Here are three NYSE‑listed Latin American stocks offering compelling diversification, stable income, and macro resilience.
Read Also: <a href="https://www.benzinga.com/25/04/44991625/exclusive-these-emerging-markets-are-the-calm-in-the-tariff-storm" target="_blank" rel="noreferrer noopener">EXCLUSIVE: These Emerging Markets Are The Calm In The Tariff Storm</a>
<h2 class="wp-block-heading">1. Vale SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VALE#NYSE">VALE</a>)</h2>
Forward P/E Ratio: 5.66x
Dividend Yield (FWD): 14.44%
Why It's Hot: Brazil's mining titan is a commodity kingpin, fueled by iron ore and nickel demand for EVs and global infrastructure. With a dirt-cheap P/E of 5.66x &#8211; half the materials sector's 11x &#8211; Vale's a screaming value play. Its 14.44% dividend yield, backed by $7.8 billion in 2024 free cash flow, is a cash cow for income seekers. Analysts rate it Overweight, with a <a href="https://www.benzinga.com/quote/VALE/analyst-ratings">$14.08 consensus price target </a>(almost 50% upside from current levels).
Why Now: Vale's global client base makes it resilient during U.S.-China trade spats, and its high yield cushions against Middle East-driven volatility.
<h2 class="wp-block-heading">2. Ambev SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABEV#NYSE">ABEV</a>)</h2>
Forward P/E Ratio: 13.53x
Dividend Yield (FWD): 6.23%
Why It's Hot: Latin America's beer giant, Ambev, is a defensive powerhouse, brewing steady profits regardless of global chaos. Its 6.23% dividend yield and 13.53x P/E &#8211; below the consumer staples sector's 17x &#8211; offer value and income. Fourth quarter revenue hit $4.2 billion (+8.3% YoY), with 20.1% operating margins reflecting efficiency. Moreover, there&#8217;s looming revenue growth potential for 2025, driven by Brazil's growing middle class and premium brands like Brahma.
Why Now: Ambev's stable cash flows thrive in risk-off markets, making it a safer bet as trade talks falter and Iran tensions spike.
<h3 class="wp-block-heading">3. Cemex SAB de CV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CX#NYSE">CX</a>)</h3>
Forward P/E Ratio: 10.56x
Dividend Yield (FWD): 1.21%
Why It's Hot: Mexico's cement leader, Cemex, is riding a wave of infrastructure demand in Mexico and the U.S., boosted by General Motors Co&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) $4 billion U.S. plant investment. Its 10.56x P/E is a bargain compared to the construction sector's 15x. After slashing debt by 20% in 2024, Cemex generated $1.1 billion in free cash flow, supporting a reinstated 1.18% TTM dividend yiekd. Trading at $6.70 on Friday with a $7.42 target (10.75% upside), Cemex is a growth-value hybrid.
Why Now: Cemex's U.S.-Mexico exposure dodges China tariffs, and its cash flow stability counters Middle East market jitters.
<h2 class="wp-block-heading">Why These Stocks Shine In 2025</h2>
Income and Value: Vale's 14.44% yield, Ambev's 6.23%, and Cemex's low P/E offer income and upside amid volatility.
Diversified Resilience: Vale's commodities, Ambev's staples, and Cemex's infrastructure span cyclical and defensive sectors, balancing risk.
Trade War Insulation: With minimal exposure to U.S.-China tariffs, these stocks thrive as Bovespa and IPC hit all-time highs.
With U.S.-China talks teetering and Iran-Israel tensions flaring, these Latin American stocks could just be offering diversification and value. 
Read Next: 
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<li><a href="https://www.benzinga.com/markets/latin-america/25/05/45545075/colombias-ecopetrol-eyes-1-3-gw-renewable-push-with-statkraft-agreement">Colombia&#8217;s Ecopetrol Eyes 1.3 GW Renewable Push With Statkraft Agreement</a></li>
</ul>

Latin America

Long Ideas

Markets

Trading Ideas

ABEV

VALE

Latin America's Hot Stocks: 3 NYSE Picks To Dodge Trade Wars, Mideast Mayhem

NVDA

TSLA

Jensen Huang Is Motivated By 'Fear, Guilt, Anxiety,' Reveals Nvidia CEO's Biographer: 'Gets Very Uncomfortable...Nervous When Things Are Going Well'

GCTK

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

Valero Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>) has outperformed the market over the past 15 years by 2.43% on an annualized basis producing an average annual return of 14.27%. Currently, Valero Energy has a market capitalization of $42.06 billion. 
Buying $1000 In VLO: If an investor had bought $1000 of VLO stock 15 years ago, it would be worth $7,454.70 today based on a price of $134.30 for VLO at the time of writing.
<h3>Valero Energy's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749858312_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 You Would Have Made Owning Valero Energy Stock In The Last 15 Years

ExlService Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXLS#NASDAQ">EXLS</a>) has outperformed the market over the past 15 years by 6.83% on an annualized basis producing an average annual return of 18.67%. Currently, ExlService Hldgs has a market capitalization of $7.69 billion. 
Buying $1000 In EXLS: If an investor had bought $1000 of EXLS stock 15 years ago, it would be worth $12,995.05 today based on a price of $47.25 for EXLS at the time of writing.
<h3>ExlService Hldgs's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749857412_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.

EXLS

Here's How Much You Would Have Made Owning ExlService Hldgs Stock In The Last 15 Years

Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) has outperformed the market over the past 20 years by 1.03% on an annualized basis producing an average annual return of 9.32%. Currently, Analog Devices has a market capitalization of $110.89 billion. 
Buying $100 In ADI: If an investor had bought $100 of ADI stock 20 years ago, it would be worth $593.59 today based on a price of $223.46 for ADI at the time of writing.
<h3>Analog Devices's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749856513_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.

If You Invested $100 In This Stock 20 Years Ago, You Would Have This Much Today

Warren Buffett doesn't schedule much. In fact, some weeks, he barely schedules anything at all. And when Bill Gates first saw Buffett's nearly empty calendar, it flipped his whole view of productivity.
"You know, I had every minute packed, and I thought that was the only way you could do things," Gates said during a <a href="https://charlierose.com/videos/29774">2017 roundtable with Charlie Rose</a>. "And the fact that he is so careful about—he has days…"
"That there's nothing on it," Rose said, jumping in.
"That there's nothing on it," Gates repeated.
"Absolutely," Buffett added.
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Gates was amazed. "It's very high tech, be careful, you might not understand it," he joked, describing Buffett's plain paper calendar.
Rose pointed out that in one week of April, there were only three entries. Buffett responded, "There will be four maybe by April."
"File taxes," Gates added.
But it wasn't just a novelty. Gates said the real lesson was about time management—and who actually controls their schedule. "Sitting and thinking may be a much <a href="https://www.benzinga.com/markets/equities/25/06/45878035/warren-buffett-once-spoke-about-the-only-thing-he-didnt-like-about-his-job-occasionally-i-have-to-fire-somebody">higher priority than a normal CEO</a>, where there's all these demands and you feel like you need to go and see all these people," Gates said. "It's not a proxy of your seriousness that you fill every minute in your schedule."
Buffett agreed. "People will want your time," he said. "It's the only thing you can't buy. I mean, I can buy anything I want, basically, but I can't buy time."
Trending: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.
Rose said, "So to have time is the most precious thing you can have."
"I better be careful with it," Buffett said. "There is no way I will be able to buy more time."
Buffett also <a href="https://www.benzinga.com/markets/25/04/45122181/warren-buffett-famously-bought-his-house-for-31-500-but-when-he-got-married-with-10k-he-let-his-wife">credited his Omaha lifestyle</a> with helping him preserve that time. "For 54 years, I spent five minutes going each way. Now, just imagine that was half an hour each way. I would know the words to a lot more songs, and that's about it."
Rose pointed out how much <a href="https://www.benzinga.com/personal-finance/24/10/41230382/warren-buffett-lets-the-stock-market-decide-his-mcdonalds-breakfast-order-when-its-up-he-spends-">time that actually adds up to</a>. "If you're talking an hour a day difference coming and going, and that's two and a half percent of a person's work week. That means over 40 years, you're talking about a year."
The mutual admiration wasn't just about calendars. Buffett said, "I learn from him. I like to learn from all friends, and Bill happens to be a particularly good source. That's the fun of having friends, Charlie."
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Gates said one of Buffett's most important lessons came before they even met. "He wrote an <a href="https://money.cnn.com/magazines/fortune/fortune_archive/1986/09/29/68098/index.htm">article for Fortune magazine</a> that I read before I met him—that it's not necessarily a good idea to leave large sums to your children. So that was pretty fundamental. I remember reading that and I was convinced that that was right. And I thought, wow, now you have to think of how to give it away."
When asked if they saw eye-to-eye on politics, Gates said, "On almost everything. The general sense that you've got to keep the economy turning up greater output, and that you have to allocate it in a fair way. Yes, that basic framework we see very much the same."
Turns out, you don't need back-to-back meetings to run a business empire—you just need a little space on your calendar and the discipline not to fill it.
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<li>Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can <a href="https://www.benzinga.com/money/how-peter-thiel-turned-his-roth-ira-into-5-billion-and-why-accredited-investors-are-now-eyeing-this-smartphone-disruptor">invest with $1,000 at just $0.30/share.</a></li>
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Image: Shutterstock

Billionaire Warren Buffett Said Time Is The Only Thing Money Can't Buy — 'I Can Buy Anything I Want…But I Can't Buy Time'

Guidewire Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWRE#NYSE">GWRE</a>) has outperformed the market over the past 10 years by 6.55% on an annualized basis producing an average annual return of 17.42%. Currently, Guidewire Software has a market capitalization of $21.24 billion. 
Buying $100 In GWRE: If an investor had bought $100 of GWRE stock 10 years ago, it would be worth $501.64 today based on a price of $253.18 for GWRE at the time of writing.
<h3>Guidewire Software's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749855615_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.

GWRE

If You Invested $100 In This Stock 10 Years Ago, You Would Have This Much Today

Motorola Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSI#NYSE">MSI</a>) has outperformed the market over the past 10 years by 10.6% on an annualized basis producing an average annual return of 21.46%. Currently, Motorola Solutions has a market capitalization of $68.14 billion. 
Buying $100 In MSI: If an investor had bought $100 of MSI stock 10 years ago, it would be worth $703.98 today based on a price of $408.10 for MSI at the time of writing.
<h3>Motorola Solutions's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749854712_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 Motorola Solutions 10 Years Ago Would Be Worth This Much Today

Before the championships, <a href="https://www.benzinga.com/news/sports/25/06/45829858/shaq-settled-on-angel-reese-for-reebok-endorsement-due-to-budget-constraints-i-had-to-deal-with-something-i-never-had-to-deal-with">the shoe deals</a>, and the Superman tattoos, Shaquille O'Neal was just a massive fifth grader who couldn't get a sentence out without stuttering — and who coped by throwing spit wads and fists.
"I had to figure out two things," Shaq told In journalist Graham Bensinger in a brutally <a href="https://youtu.be/Mza5tTgh9hA?si=7aZHLThQYXK9VBYr">honest interview back in 2015</a>. "Either intimidate you or make you laugh. I was always a bully."
But even bullies have breaking points — and for young Shaq, it came after he got suspended for the millionth time.
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"I threw a spit wad, it hit the chalkboard, it splattered — kid rats me out," Shaq said. "I go to the office. Three days' suspension. I already know what I'm getting when I get home."
His dad didn't hold back.
"He said, ‘You're irresponsible… You're a medium-level juvenile delinquent. And at this pace, you're going to be nothing in life. I'm not having that in my house.'"
But before he went home to face the music, Shaq had revenge to handle.
"Before I go home, I'm gonna whoop your ass," he recalled. "So I'm beating this kid up… I'm kicking this kid… and he has an epileptic seizure. Just me and the kid out there. He's on the ground shaking."
Shaq panicked. Someone ran over and helped the kid. Shaq ran home, bracing for the fallout.
"My mother decides, ‘You're too big and too strong. You can't ever do that again,'" he said. "And that kind of stayed with me. I was like, I don't want to do that anymore."
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So he pivoted.
Instead of punching people, he'd try to get them to laugh.
"I was always a class clown, funny guy. So now, let me just do this a lot to get people to like me," Shaq said. "And I just stuck with that rather than being a bully."
But even when the fighting stopped, the insecurity didn't. Kids still made fun of him — for his size, for his speech, for being different.
"They used to call me ‘Shaquille Sasquatch,' ‘big African,' ‘big dummy,'" he said. "I stuttered when I talked. I was very, very shy. I always had self-doubts about myself and just never thought I could do anything."
That changed junior year of high school — thanks to an unlikely hero.
Right before the state tournament, Shaq was flunking government class. "I got a 68. I've got one test left," he said.
That's when the quiet, nerdy kid everyone picked on approached him at lunch.
"He came up to me and said, ‘Man, appreciate it. I hear you're having some problems in government. I could help you out,'" Shaq said.
Shaq stared at him. "I was like, what, you want to tutor me?"
He did. Every day after school.
"And the way he tutored me, I was like, this really is not that bad," Shaq said. "But because I had self-doubts and felt that I wasn't smart, I didn't even look at it. I was like, I'll never pass anyway."
But he did pass. And that one tutoring session turned into a lifeline.
"Whenever I had problems I was like, ‘Yo, I need help in chemistry.' He was always there for me."
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Looking back, Shaq gives that so-called "geek" full credit.
"A geek saved my life," he said. "That's when I realized that nerds and geeks are very cool people. And it also taught me another valuable lesson — you don't always have to judge people for who they are and what they do."
Turns out, leaning into geekdom paid off—big time.
These days Shaq isn't just a nerd—he's a tech-savvy one with an <a href="https://www.benzinga.com/personal-finance/24/09/40943843/we-aint-rich-im-rich-nba-legend-shaq-says-his-daughters-and-sons-dont-get-equal-treatment-my-boy">estimated net worth of $500 million</a>. He was an early backer of Google and <a href="https://www.benzinga.com/startups/24/09/40677330/shaq-refused-to-pay-80-000-for-security-and-made-a-surprising-choice-he-invested-in-a-company-bezos">got in on Ring</a>—before Amazon snapped it up for about $1 billion . On the franchise side, <a href="https://www.benzinga.com/personal-finance/25/03/44207096/shaq-said-his-krispy-kreme-store-was-likely-burned-down-by-homeless-trying-to-stay-warm-im-not-gonna-be-putting-charges-on-homeless-people">he owns a Krispy Kreme in Atlanta</a>, a handful of Papa John's restaurants, and even launched his own chicken chain, Big Chicken.
So yeah, the guy who once stuttered and threw spit‑wads in class now throws millions into Silicon Valley—and serves donuts while he's at it.
"Now I'm a nerd," he said. "And I'm a geek."
Just a very rich one.
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<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/how-peter-thiel-turned-his-roth-ira-into-5-billion-and-why-accredited-investors-are-now-eyeing-this-smartphone-disruptor">with $1,000 you can invest at just $0.30/share!</a></li>
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Image: Shutterstock

'A Geek Saved My Life' — Shaq Says He Was A Bully With A Stutter Nicknamed 'Shaquille Sasquatch' And Thought He'd Never Be Smart Enough To Succeed

Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) has outperformed the market over the past 15 years by 3.06% on an annualized basis producing an average annual return of 14.9%. Currently, Accenture has a market capitalization of $195.28 billion. 
Buying $1000 In ACN: If an investor had bought $1000 of ACN stock 15 years ago, it would be worth $8,006.94 today based on a price of $311.71 for ACN at the time of writing.
<h3>Accenture's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749853812_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 Accenture 15 Years Ago Would Be Worth This Much Today

ORCL&#8217;s early strength confirmed at 10:16 by the TradePulse alert
<figure class="wp-block-image size-large"><img decoding="async" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/13212334/Screenshot-2025-06-13-at-4.55.51%E2%80%AFPM-1006x1024.png" alt="" class="wp-image-14401" /></figure>
Oracle Inc. (ORCL) experienced a Power Inflow today, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions.&nbsp;
Today, at 10:16 AM on June 13th, a significant trading signal occurred for Oracle Inc. (ORCL) as it demonstrated a Power Inflow at a price of $206.95. 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 Oracle'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 Oracle'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'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 ORCL, <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 <a href="https://tradepulse.net/?utm_source=Benzinga&amp;utm_medium=Article&amp;utm_campaign=brand_awareness_June2025">https://tradepulse.net/?utm_source=Benzinga&amp;utm_medium=Article&amp;utm_campaign=brand_awareness_June2025</a>, which are responsible for parts of the data within this article.
After Market Close UPDATE:
The price at the time of the Power Inflow was $206.95. The returns on the High price ($216.59) and Close price ($215.22) after the Power Inflow are respectively 4.7% and 4%. The result underlines the importance of a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite.
Past performance is not indicative of future results

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