MicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038 Price & Performance (FNGA)

BMO Financial Group has announced plans to redeem its MicroSectors FANG+ Index 3× Leveraged ETNs, currently under ticker FNGU, and introduce a new ETN product. The move aligns with the company's strategy to refine its offerings in the exchange-traded notes market.1

FedEx Corporation disclosed its latest earnings report, showing a record surge in quarterly revenue. The logistics giant attributes the growth to increased e-commerce demand and operational improvements, signaling strong performance amidst a competitive delivery market.

Apple Inc. has significantly increased its investments in artificial intelligence research. The tech giant aims to enhance AI integration within its product ecosystem, highlighting its commitment to staying at the forefront of innovation in a rapidly evolving technological landscape.