The Evolution of ETFs

 Blackrock, a leader in the ETF space, has begun to offer a target date product that gradually converts a portion of the allocation to an annuity that will provide a stable income in retirement. Some companies have adopted this product as the default option in their company-sponsored retirement plans. See article here: WSJ.

Nvidia Shorts Experience Big Losses

 After its most recent earnings report, which was strongly positive, Nvidia stock continued its significant rise. While this is favorable for traditional investors, short sellers lost over $3 billion as a result. See the article, here (Bloomberg).