First Trust Indxx Global Natural Resources Income ETF (NASDAQ: FTRI)

Dernières nouvelles pour First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

First Trust Indxx Global Natural Resources Income ETF

Basic Materials

Energy

Utilities

Industrials

Real Estate

Consumer Defensive

Other

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is a free float adjusted market capitalization weighted index designed to measure the market performance of the 50 highest dividend yielding companies involved in the upstream segment of the natural resources sector. The fund is non-diversified.

Agnico Eagle Mines Ltd

Freeport-McMoran Copper & Gold Inc

American Water Works Co. Inc.

Weyerhaeuser Co.

Ecopetrol Sa Adr

Bunge Global Sa

Inpex Corp Common Stock

Cf Industries Holdings Inc.

Pentair Plc

Zijin Mining Group Co Ltd H Common Stock Cny.1

<a href="https://www.benzinga.com/news/25/04/44590350/courtroom-clash-no-thank-you-sparks-lawsuit-as-altman-shuts-down-musks-97-4b-bid">Elon Musk </a>is setting the stage for what could be one of the artificial intelligence industry&#8217;s biggest financial leaps. During a recent investor update on April 21, first shared with <a href="https://www.youtube.com/watch?v=XH5O_X1xG2o">CNBC</a>, Musk said he wants to assign a &#8220;proper value&#8221; to his AI startup, xAI.&nbsp;
He didn't confirm a new fundraising round, but his comment hinted at possible funding from Middle Eastern sovereign wealth funds and global investors, according to people familiar with the matter. This comes after xAI secured $6 billion in late 2024, giving the company a $50 billion valuation, <a href="https://www.forbes.com/sites/antoniopequenoiv/2024/12/23/xai-valuation-reaches-over-40-billion-after-6-billion-funding-round/">Forbes reported</a>.&nbsp;
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<h2 class="wp-block-heading">A Big Bet On AI Infrastructure</h2>
The $6 billion raise wasn&#8217;t for buzz—it powered the expansion of &#8220;Colossus,&#8221; xAI&#8217;s supercomputer in Memphis.&nbsp;
Colossus is built with 100,000 Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) H100 GPUs and was designed to train xAI&#8217;s large language model, Grok, and is seemingly one of the most powerful AI clusters to date.
Musk&#8217;s ambitions don&#8217;t end there. As reported by the <a href="https://www.ft.com/content/53eeadd8-8fec-4f1b-991e-642e24959e02">Financial Times</a>, Musk already has plans to deploy more than 1 million GPUs, which will require scaling up Colossus. The additional capacity would give xAI a significant edge in the generative AI race, putting it in competition with established players like OpenAI and Anthropic.
Trending: Nancy Pelosi Invested $5 Million In An AI Company Last Year — <a href="https://www.benzinga.com/money/elf-labs-ym?v=123">Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000.</a>
Meanwhile, in March, xAI finalized a $33 billion all-stock merger with Musk&#8217;s other venture, X. The combination integrates xAI&#8217;s technology with X&#8217;s social media ecosystem. Musk said in an <a href="https://x.com/elonmusk/status/1905731750275510312?lang=en">X post</a> that the move will provide smarter, and more meaningful experiences to billions of people.
It also solidifies xAI's revenue stream, which industry intelligence platform <a href="https://sacra.com/c/xai/">Sacra</a> estimates at about $100 million annually, primarily from X Premium subscriptions and API services.
After the merger, Musk<a href="https://x.com/elonmusk/status/1905731750275510312"> posted on X</a>, &#8220;This combination will unlock immense potential by blending xAI&#8217;s advanced AI capability and expertise with X&#8217;s massive reach.&#8221; ​His goal? To streamline AI into everyday digital interactions.
See Also: <a href="https://www.benzinga.com/money/elon-musk-told-the-u-n-if-they-could-show-a-plan-for-ending-world-hunger-hed-donate-6-billion-i-will-sell-tesla-stock-right-now-and-do-it">Elon Musk Told The U.N. If They Could Show A Plan For Ending World Hunger He'd Donate $6 Billion – ‘I Will Sell Tesla Stock Right Now And Do It'</a>
Another layer of potential investment surfaced in July. After running a public<a href="https://x.com/elonmusk/status/1815907844434112999?s=46=PySpYjNmRDrcisnq5IFhJQ"> poll on X</a>, Musk proposed bringing a $5 billion investment from Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) into xAI to the automaker&#8217;s board.&nbsp;
The poll revealed that 67.9% of voters supported the idea of Tesla investing $5 billion in his artificial intelligence startup, xAI. The initiative could link xAI&#8217;s capabilities directly to Tesla&#8217;s self-driving software and in-vehicle AI systems.
Looking forward, Bloomberg reported that <a href="https://www.benzinga.com/news/25/04/44725803/musks-xai-aims-for-1-million-gpus-in-memphis-but-can-the-citys-grid-handle-a-27b-ai-power-surge">xAI</a> is <a href="https://www.bloomberg.com/news/articles/2025-02-14/musk-s-xai-discussing-10-billion-raise-at-75-billion-valuation">seeking </a>to raise an additional $10 billion, potentially pushing its valuation to $75 billion. the funding goal in February and would place xAI in the same financial orbit as top AI labs.
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Image: Shutterstock

News

NVDA

TSLA

Elon Musk Wants A 'Proper Value' For xAI — After $6 Billion Raise, 100,000 GPUs, And A Quiet $100 Million Deal Most Missed

WIIM

CINT

CINT stock has given up its prior loss. CI&T shares were trading lower after the company reported worse-than-expected Q1 financial results.

Stifel analyst Jim Duffy maintains On Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>) with a Buy and raises the price target from $57 to $66.

Price Target

Analyst Ratings

ONON

Stifel Maintains Buy on On Holding, Raises Price Target to $66

Canaccord Genuity analyst Austin Moeller maintains Intuitive Machines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) with a Buy and raises the price target from $21 to $21.5.

LUNR

Canaccord Genuity Maintains Buy on Intuitive Machines, Raises Price Target to $21.5

Trading Ideas

GSIW

Garden Stage Shares Halted On Circuit Breaker To The Upside, Stock Now Up 69%

Cencora (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COR#NYSE">COR</a>) has outperformed the market over the past 5 years by 10.51% on an annualized basis producing an average annual return of 25.53%. Currently, Cencora has a market capitalization of $54.16 billion. 
Buying $100 In COR: If an investor had bought $100 of COR stock 5 years ago, it would be worth $313.24 today based on a price of $279.60 for COR at the time of writing.
<h3>Cencora's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747237519_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 5 Years Ago, You Would Have This Much Today

Stifel analyst Stephen Willey maintains Macrogenics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNX#NASDAQ">MGNX</a>) with a Hold and lowers the price target from $6 to $5.

MGNX

Stifel Maintains Hold on Macrogenics, Lowers Price Target to $5

Canaccord Genuity analyst Kyle Mikson maintains GRAIL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAL#NASDAQ">GRAL</a>) with a Buy and raises the price target from $32 to $43.

GRAL

Canaccord Genuity Maintains Buy on GRAIL, Raises Price Target to $43

RBC Capital analyst Keith Mackey maintains Trican Well Service (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TCW#TSX">TCW</a>) with a Outperform and raises the price target from C$5.5 to C$6.

TSX:TCW

RBC Capital Maintains Outperform on Trican Well Service, Raises Price Target to C$6

Stifel analyst J. Bruce Chan maintains Landstar System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSTR#NASDAQ">LSTR</a>) with a Hold and lowers the price target from $147 to $140.

LSTR

Stifel Maintains Hold on Landstar System, Lowers Price Target to $140

Canaccord Genuity analyst Caitlin Cronin maintains Enovis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENOV#NYSE">ENOV</a>) with a Buy and lowers the price target from $75 to $70.

ENOV

Canaccord Genuity Maintains Buy on Enovis, Lowers Price Target to $70

Canaccord Genuity analyst Kyle Mikson maintains Biodesix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BDSX#NASDAQ">BDSX</a>) with a Buy and lowers the price target from $2.5 to $1.5.

BDSX

Canaccord Genuity Maintains Buy on Biodesix, Lowers Price Target to $1.5

Health In Tech Shares Resume Trade

<a href="https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-president-donald-j-trump-secures-historic-1-2-trillion-economic-commitment-in-qatar/" title="https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-president-donald-j-trump-secures-historic-1-2-trillion-economic-commitment-in-qatar/">https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-president-donald-j-trump-secures-historic-1-2-trillion-economic-commitment-in-qatar/</a>

Contracts

Global

Trump Secures Historic $1.2T Economic Commitment In Qatar; Deals With Qatar Include More Than $243B, Including Sale Of Boeing Aircraft And GE Aerospace Engines To Qatar Airways; Qatar Airways To Acquire 210 Boeing 787 Dreamliner And 777x Aircraft Powered By GE Aerospace Engines; Raytheon Secures $1B Agreement For Qatar Acquisition Of Counter-Drone Capabilities; General Atomics Secured A Nearly $2B Agreement For Qatar's Acquisition Of The MQ-9B Remotely Piloted Aircraft System

Susquehanna analyst Christopher Rolland maintains Silicon Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLAB#NASDAQ">SLAB</a>) with a Neutral and raises the price target from $100 to $110.

SLAB

Susquehanna Maintains Neutral on Silicon Laboratories, Raises Price Target to $110

RBC Capital analyst Ken Herbert maintains Karman Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRMN#NYSE">KRMN</a>) with a Outperform and raises the price target from $38 to $44.

KRMN

RBC Capital Maintains Outperform on Karman Holdings, Raises Price Target to $44

Susquehanna analyst James Friedman maintains PagSeguro Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAGS#NYSE">PAGS</a>) with a Positive and lowers the price target from $16 to $14.

PAGS

Susquehanna Maintains Positive on PagSeguro Digital, Lowers Price Target to $14

Rumors

IPOs

ETOR

Etoro Group IPO Price Indicating $70 On 770K Shares; IPO Priced At $52/Share On 11,923,018 Shares

Susquehanna analyst James Friedman maintains Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) with a Positive and raises the price target from $14 to $15.

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First Trust Indxx Global Natural Resources Income ETF

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Dernières nouvelles pour First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

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