FPXI News and Press, First Trust International IPO ETF From 06/03/22

NYIAX has filed proposed terms for a $20 million U.S. IPO. The company operates a marketplace for buying and selling advertising. NYX has produced tiny revenue, high operating losses and the IPO is priced for perfection. I'm on Hold for NYX although day traders may see high vo...

Boustead Wavefront has filed proposed terms for a $15 million U.S. IPO. The firm seeks to provide corporate finance advisory and pre-IPO origination services to small and medium-sized Asian firms. BOUW is changing its business focus, isn't licensed yet, and the IPO is highly price...

ParaZero Technologies Ltd. has filed proposed terms for a $16 million U.S. IPO. The firm designs and sells drone parachute recovery systems. The PRZO IPO is highly priced with no revenue traction in a moderately-growing industry. While the IPO may see trading volatility from i...

Ivanhoe Electric has filed to raise an estimated $200 million in U.S. and Canadian IPOs. The firm seeks to mine mineral deposits in the U.S. and overseas while developing its proprietary technologies. IE is still a very small player in terms of mining revenue and is producing sign...

bioAffinity Technologies has filed proposed terms for a $10 million IPO. The firm is developing diagnostics tests, including its lead test for detection of lung cancer. BIAF is still a long way from possible marketing approval for its lead test, so I'm on Hold for the IPO. F...

Onfolio has filed proposed terms to raise $15 million in an IPO of its common stock and warrants. The firm seeks to acquire and operate online content destination websites in specific verticals. EF Hutton is the sole underwriter, and its IPOs have performed in the bottom tier over...

First Trust International Equity Opportunities ETF (FPXI) - $0.0031. 30-Day SEC Yield of 0.64% as of Feb. 28. Payable Mar 31; for shareholders of record Mar 28; ex-div Mar 25. For further details see: First Trust International Equity Opportunities ETF declares quarterly distribution of ...

According to a recent report released by the OECD, the Russian invasion of Ukraine, if prolonged, could knock 1.1 percentage points off the global GDP for 2021, while increasing global inflation by 2.5 percentage points over an already lofty inflation level. The damage won’t be...

US valuations remain very high despite a recent selloff across the market cap spectrum. Developed foreign markets retreated to reasonable PE10 levels. Emerging market valuations have not budged much even with a more than 20% drop since February 2021. For further details see:...

We see the Ukraine war reducing global growth, increasing inflation and putting central banks in a bind. We prefer developed stocks in the inflationary backdrop. Stocks led by European equities bounced from 2022 lows last week, as oil prices came off highs. The European Central Bank a...