Shan Ahmed Khan

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He worked in investment research and market analysis before becoming a financial journalist and is a graduate of the Lahore University of Management Sciences (LUMS).

Dip buying in Schwab’s SCHD gets attention while dividend ETF flows diverge

Dip buying in Schwab’s SCHD gets attention while dividend ETF flows diverge

Money rushed into the Schwab U.S. Dividend Equity ETF during a pullback, putting one of the biggest dividend funds back in focus for income trades, but flow trackers are split on how big the move was. TipRanks said SCHD dropped 2.36% last week and pulled in $5.46 billion over five days. ETFDB reported net flows of $480.9 million in five days and $2.3 billion for the month.
Sandisk Corporation (NASDAQ: SNDK) Has One Thing Bulls Wanted: Apple Just Flinched

Sandisk Corporation (NASDAQ: SNDK) Has One Thing Bulls Wanted: Apple Just Flinched

Sandisk Corporation is moving again before Monday’s open: Google Finance showed the stock at $2,263.89 in premarket trading, up $79.14, or 3.62%, after the latest regular-session close of $2,184.75, up $225.95, or 11.54%. The immediate reason is not a new Sandisk announcement. It is Apple: CEO Tim Cook’s acknowledgement that memory-driven price increases are “unavoidable” has turned a supplier squeeze into visible pricing pressure at one of the world’s largest hardware buyers.
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