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Congress is officially sending a package detailing $9 billion in spending cuts to President Donald Trump’s desk, minutes after midnight on Friday.

The bill, called a ‘rescissions package,’ was approved by the House of Representatives in a late-night 216 to 213 vote after intense debate between Republicans and Democrats. Just two Republicans, Reps. Brian Fitzpatrick, R-Pa., and Mike Turner, R-Ohio, voted in opposition.

Friday was also the deadline for passing the legislation, otherwise the White House would be forced to re-obligate those funds as planned.

It’s a victory for House Speaker Mike Johnson, R-La., but a mostly symbolic one – the spending cuts bill was largely seen by Trump allies as a test run of a fiscal claw-back process not used in more than two decades.

‘This bill tonight is part of continuing that trend of getting spending under control. Does it answer all the problems? No. $9 billion, I would say is a good start,’ House Majority Leader Steve Scalise, R-La., said during debate on the bill.

When signed by Trump, it will block $8 billion in funding to the U.S. Agency for International Development (USAID) and $1 billion to the Corporation for Public Broadcasting for the remainder of the fiscal year. The dollars had been allocated by Congress for the duration of fiscal year 2025.

Republicans celebrated it as a victory for cutting off the flow of U.S. taxpayer dollars to what they called ‘woke’ initiatives abroad, while Democrats accused the right of gutting critical foreign aid.

Rescissions packages are a way for the president to have input in Congress’ yearly appropriations process. The White House sends a proposal to block some congressionally obligated funds, which lawmakers have 45 days to get through the House and Senate.

Republicans have also been able to sideline Democrats so far, with the rescissions process lowering the Senate’s threshold for passage from 60 votes to 51.

The last time a rescissions package was signed into law was 1999.

Consideration of the bill began with a House Rules Committee hearing at 6 p.m. on Thursday evening.

Democrats attempted multiple times throughout the process to weaponize the ongoing inter-GOP fallout over the Jeffrey Epstein case, both in the House Rules Committee and on the chamber floor during debate on the bill. 

Multiple calls were made for votes to force the release of the so-called Epstein ‘files.’

‘If every Republican votes to block our attempt to release the records, they are telling Epstein’s victims, you don’t matter as much as our political convenience. And that should disgust every single one of us,’ said Rep. Jim McGovern, D-Mass.

Far-right GOP figures are demanding accountability, while Trump has called on his base to move on after the Department of Justice (DOJ) signaled the case was closed.

Initial plans to begin advancing the bill earlier in the day were quickly scuttled, with Republicans on the committee being concerned about being put into a difficult position with potential Epstein votes.

In the end, a compromise led to the House Rules Committee advancing a separate nonbinding measure dealing with Epstein transparency, on a parallel track to the rescissions bill.

‘All the credible evidence should come out. I’ve been very clear with members of the House Rules Committee. Republicans have been taking the incoming criticism because they voted to stop the Democrats’ politicization of this, and they’re trying to stick to their job and move their procedural rules to the floor so we can do our work and get the rescissions done for the American people,’ Johnson told reporters during negotiations earlier in the day.

Democrats nevertheless pressed on, mentioning Epstein multiple times on the House floor. McGovern even briefly led a chant of ‘release the files’ when closing debate on the bill.

Republicans, in turn, accused Democrats of hypocrisy.

‘Interesting how they talk about Jeffrey Epstein, because for four years, Mr. Speaker, President Joe Biden had those files, and not a single Democrat that you’re hearing tonight tried to get those files released,’ House Majority Leader Steve Scalise, R-La., said at one point during the House floor debate.

The House initially voted to advance a $9.4 billion rescissions package, but it was trimmed somewhat in the Senate after some senators had concerns about cutting funding for HIV/AIDS prevention research in Africa.

Trump is expected to sign the bill on Friday.

This post appeared first on FOX NEWS

What can you get for $9.4 billion?

3G Capital recently purchased footwear giant Skechers for $9.4 billion. 

$9.4 billion could cover your rent for a pretty nice apartment in New York City for more than 40,000 years. 

Yes, it will just be you and the cockroaches by then. 

Or, you could pay the cost of every major disaster in the past four decades – ranging from Chernobyl to Fukushima to Hurricane Sandy. 

But $9.4 billion isn’t a lot when cast against nearly $7 trillion in annual spending by the federal government. 

And it’s really not much money when you consider that the U.S. is about slip into the red to the tune of $37 trillion. 

Which brings us to the Congressional plan to cancel spending. That is, a measure from Republicans and the Trump Administration to rescind spending lawmakers already appropriated in March. The House and Senate are now clawing back money lawmakers shoved out the door for the Corporation for Public Broadcasting and foreign aid programs under USAID. The original proposal cut $9.4 billion. But that figure dwindled to $9 billion – after the Senate restored money for ‘PEPFAR,’ a President George W. Bush era program to combat AIDS worldwide. 

In other words, you may have a couple thousand years lopped off from your rent-controlled apartment in New York City. Of course that hinges on what Democratic mayoral nominee Zorhan Mamdani decides to do, should he win election this fall. 

Anyway, back to Congressional spending. Or ‘un-spending.’ 

The House passed the original version of the bill in June, 216-214. Flip one vote and the bill would have failed on a 215-215 tie. Then it was on to the Senate. Republicans had to summon Vice President Vance to Capitol Hill to break a logjam on two procedural votes to send the spending cancellation bill to the floor and actually launch debate. Republicans have a 53-47 advantage in the Senate. But former Senate Majority Leader Mitch McConnell, R-Ky., along with Sens. Lisa Murkowski, R-Alaska and Susan Collins, R-Maine, voted nay – producing a 50-50 tie.

Fox is told some Senate Republicans are tiring of McConnell opposing the GOP – and President Trump – on various issues. That includes the nay votes to start debate on the spending cancellation bill as well as his vote against the confirmation of Defense Secretary Pete Hegseth in January.

‘He used to be the Leader. He was always telling us we need to stick together,’ said one GOP senator who requested anonymity. ‘Now he’s off voting however he wants? How time flies.’

Note that McConnell led Senate Republicans as recently as early January.

But McConnell ultimately voted for the legislation when the Senate approved it 51-48 at 2:28 am ET Thursday morning. 

Murkowski and Collins were the only noes. The services of Vice President Vance weren’t needed due to McConnell’s aye vote and the absence of Sen. Tina Smith, D-Minn. She fell ill and was admitted to George Washington Hospital for exhaustion. 

As for the senior senator from Alaska, one GOP senator characterized it as ‘Murkowski fatigue.’

‘She always asking. She’s always wanting more,’ groused a Senate Republican.

Murkowski secured an agreement on rural hospitals in exchange for her vote in favor of the Big, Beautiful Bill earlier this month. However, Murkowski did not secure more specificity on the DOGE cuts or help with rural, public radio stations in Alaska on the spending cut plan.

‘My vote is guided by the imperative of coming from Alaskans. I have a vote that I am free to cast, with or without the support of the President. My obligation is to my constituents and to the Constitution,’ said Murkowski. ‘I don’t disagree that NPR over the years has tilted more partisan. That can be addressed. But you don’t need to gut the entire Corporation for Public Broadcasting.’ 

In a statement, Collins blasted the Trump administration for a lack of specificity about the precision of the rescissions request. Collins, who chairs the Senate Appropriations Committee in charge of the federal purse strings, also criticized the administration a few months ago for a paucity of detail in the President’s budget. 

‘The rescissions package has a big problem – nobody really knows what program reductions are in it.  That isn’t because we haven’t had time to review the bill,’ said Collins in a statement. ‘Instead, the problem is that OMB (the Office of Management and Budget) has never provided the details that would normally be part of this process.’

Collins wasn’t the only Republican senator who worried about how the administration presented the spending cut package to Congress. Senate Armed Services Committee Chairman Roger Wicker, R-Miss.,  fretted about Congress ceding the power of the purse to the administration. But unlike Collins, Wicker supported the package.

‘If we do this again, please give us specific information about where the cuts will come. Let’s not make a habit of this,’ said Wicker. ‘If you come back to us again from the executive branch, give us the specific amounts in the specific programs that will be cut.’

DOGE recommended the cuts. In fact, most of the spending reductions targeted by DOGE don’t go into effect unless Congress acts. But even the $9.4 billion proved challenging to cut. 

‘We should be able to do that in our sleep. But there is looking like there’s enough opposition,’ said Sen. Rand Paul, R-Ky., on Fox Business.

So to court votes, GOP leaders salvaged $400 million for PEPFAR.

‘There was a lot of interest among our members in doing something on the PEPFAR issue,’ said Senate Majority Leader John Thune, R-S.D. ‘You’re still talking about a $9 billion rescissions package – even with that small modification.’

The aim to silence public broadcasting buoyed some Republicans.

‘North Dakota Public Radio – about 26% of their budget is federal funding. To me, that’s more of an indictment than it is a need,’ said Sen. Kevin Cramer, R-N.D. 

But back to the $9 billion. It’s a fraction of one-tenth of one percent of all federal funding. And DOGE recommended more than a trillion dollars in cuts.

‘What does this say for the party if it can’t even pass this bill, this piddling amount of money?’ yours truly asked Sen. John Kennedy, R-La.

‘I think we’re going to lose a lot of credibility. And we should,’ replied Kennedy.

But the House needed to sync up with the Senate since it changed the bill – stripping the cut for AIDS funding. House conservatives weren’t pleased that the Senate was jamming them again – just two weeks after major renovations to the House version of the Big, Beautiful Bill. But they accepted their fate.

‘It’s disappointing that we’re $37 trillion in debt. This to me was low-hanging fruit,’ said Rep. Eric Burlison, R-Mo. ‘At the end of the day, I’ll take a base hit, right? It’s better than nothing.’

White House Budget Director Russ Vought is expected to send other spending cancellation requests to Congress in the coming months. The aim is to target deeper spending reductions recommended by DOGE. 

But it doesn’t auger well for future rescissions bills if it’s this much of a battle to trim $9 trillion.

What can you get for that much money? For Republicans, it’s not much. 

Republicans were swinging for the fences with spending cuts.

But in the political box score, this is recorded as just a base hit.

This post appeared first on FOX NEWS

Senators are not thrilled with a top White House official’s comments that the government funding process should become more partisan, and fear that doing so could erode Congress’ power of the purse.

Office of Management and Budget Director Russ Vought told reporters during a Christian Science Monitor Breakfast Thursday morning that he believed ‘the appropriations process has to be less bipartisan.’

His sentiment came on the heels of Senate Republicans advancing President Donald Trump’s $9 billion clawback package, which would cancel congressionally approved funding for foreign aid and public broadcasting, just a few hours before.

Unlike the hyper-partisan bills that have dominated the Senate’s recent agenda, including the rescissions package and the president’s ‘big, beautiful bill,’ the appropriations process is typically a bipartisan affair in the upper chamber.

That is because, normally, most bills brought to the floor have to pass the Senate’s 60-vote threshold, and with the GOP’s narrow majority, Senate Democrats will need to pass any spending bills or government funding extensions to ward off a partial government shutdown.

Senate Majority Leader Chuck Schumer, D-N.Y., who alluded to issues down the line with the appropriations process if Republicans advanced Trump’s resicssions package, took a harsh stance against Vought. 

‘Donald Trump should fire Russell Vought immediately, before he destroys our democracy and runs the country into the ground,’ Schumer said. 

Members of the Senate Appropriations Committee also did not take kindly to Vought’s comments.

‘I think he disrespects it,’ Sen. Lisa Murkowski, R-Alaska, said. ‘I think he thinks that we are irrelevant, and I wish I had actually heard the speech, because, you know, again, everything in context.’

‘But you have to admit that when you look at the quotes that are highlighted in the story this morning, it is pretty dismissive of the appropriations process, pretty dismissive,’ she continued.

Vought has no intention of slowing the rescissions train coming from the White House, and said that there would be more rescissions packages on the way.

He noted another would ‘come soon,’ as lawmakers in the House close in on a vote to send the first clawback package to the president’s desk.

‘There is no voter in the country that went to the polls and said, ‘I’m voting for a bipartisan appropriations process,’’ Vought said. ‘That may be the view of something that appropriators want to maintain.’

Both Murkowski and Senate Appropriations Chair Susan Collins, R-Maine, voted against the rescissions package, and warned of the cuts to public broadcasting, lack of transparency from the OMB and the possible effect it could have on legislating in the upper chamber.

‘I disagree with both those statements,’ Collins said of Vought’s push for a more partisan appropriations process. ‘Just as with the budget that the President submitted, we had to repeatedly ask him and the agencies to provide us with the detailed account information, which amounts to 1000s of pages that our appropriators and their staff meticulously review.’

Fox News Digital reached out to the OMB for comment. 

Vought’s comments came at roughly the same time as appropriators were holding a mark-up hearing of the military construction and veterans’ affairs and Commerce, Justice and Science spending bills.

Sen. Patty Murray, the top Democrat on the Senate Appropriations Committee, said during the hearing that Senate Republicans coalescing behind the rescissions package would only make hammering out spending bills more difficult, and argued that ‘trust’ was at the core of the process.

‘That’s part of why bipartisan bills are so important,’ she said. ‘But everyone has to understand getting to the finish line always depends on our ability to work together in a bipartisan way, and it also depends on trust.’

Other Republicans on the panel emphasized a similar point, that, without some kind of cooperation, advancing spending bills would become even more challenging.

Sen. John Hoeven, R-N.D., said that finding ‘critical mass’ to move spending bills was important, and warned that people have to ‘quit saying it’s gotta just be my way or the highway,’ following threats Schumer’s threats last week that the appropriations process could suffer should the rescissions package pass. 

‘People better start recognizing that we’re all gonna have to work together and hopefully get these [appropriations] bills to the floor and see what we can move,’ he said. ‘But if somebody just sits up and says, ‘Oh, because there’s a rescission bill, then I’m not going to work on Appropriations,’ you can always find an excuse not to do something. Let’s figure out how we can work forward.’

This post appeared first on FOX NEWS

President Donald Trump said Wednesday that Coca-Cola in the United States will begin to be made with cane sugar, but the company did not explicitly say that was the case when it was asked later about Trump’s claim.

Trump said Wednesday afternoon on Truth Social that he had been speaking to Coca-Cola about using cane sugar in the sodas sold in the United States and that the company agreed to his idea.

‘This will be a very good move by them — You’ll see. It’s just better!’ Trump wrote in the post.

But Coca-Cola did not commit to the change when NBC News asked it later about Trump’s post.

‘We appreciate President Trump’s enthusiasm for our iconic Coca-Cola brand,’ a company spokesperson said in a statement. ‘More details on new innovative offerings within our Coca-Cola product range will be shared soon.’

Donald Trump drinks a Diet Coke during the ProAm of the LIV Golf Team Championship at Trump National Doral Golf Club, on Oct. 27, 2022, in Doral, Fla.Lynne Sladky / AP file

It remains unclear whether Coca-Cola agreed to Trump’s proposal or whether the beloved soda will still be made with corn syrup.

The Trump administration’s Make America Healthy Again initiative, named for the social movement aligned with Health Secretary Robert F. Kennedy Jr., has pushed food companies to alter their formulations to remove ingredients like artificial dyes.

Coca-Cola produced for the U.S. market is typically sweetened with corn syrup, while the company uses cane sugar in some other countries, including Mexico and various European countries.

Coca-Cola announced in 1984 it was going to “significantly increase” the amount of corn syrup it was using in its U.S. products, The New York Times reported at the time.

Coca-Cola said it would use corn syrup to sweeten bottled and canned Coke, as well as caffeine-free Coke, but left itself “flexibility” to use other sweeteners, like sugar or high-fructose corn syrup, the Times reported.

Kennedy has criticized how much sugar is consumed in the American diet and has said updated dietary guidelines released this summer will advise people to ‘eat whole food.’

Trump has been known to enjoy Coca-Cola products. The Wall Street Journal reported that a Diet Coke button, which allows him to order the soda on demand, has joined him in the Oval Office for both of his terms.

This post appeared first on NBC NEWS

President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve.

His statements, made in the Oval Office, come less than 24 hours after telling a room full of Republican lawmakers that he was considering doing so.

“No, we’re not planning on doing anything,” Trump told reporters in response to a question about whether he wanted to fire Powell.

“I don’t rule out anything but I think it’s highly unlikely unless he has to leave for fraud,” Trump said, while criticizing Powell’s management of a Fed renovation project that the White House had recently floated as a pretext for removing the Fed chair.

Fed Chair Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on June 25. Kent Nishimura / Getty Images

The president had asked GOP lawmakers late Tuesday how they felt about firing the Fed chair, according to a senior White House official. They expressed approval for firing him. The president then indicated he likely would soon but that no final decision had been made.

Still, Rep. Anna Paulina Luna, R-Fla., posted on X on Tuesday night that Powell’s firing was ‘imminent,’ something that prompted a sell-off in stock futures before Wednesday’s market open. By noon Wednesday, major stock indexes had recovered to trade almost flat on the day.

CBS News first reported the meeting. A Fed official declined comment to CNBC on the report about the Trump meeting Tuesday, which came after Republicans blocked a procedural vote on crypto legislation that the president favors.

Trump and other White House figures have launched a multipronged attack on Powell to push the central bank to lower its key borrowing rate. Most recently, they have blasted Powell over renovations to the Fed’s Washington headquarters, raising suspicion that Trump could try to remove him for cause.

A recent Supreme Court decision indicated that the president does not have the authority to remove Fed officials at will.

In a CNBC interview Wednesday, Rep. French Hill, R-Ark., the chair of the House Financial Services Committee, repeated that “I don’t see” Trump firing Powell. Treasury Secretary Scott Bessent also told Bloomberg News on Tuesday that he didn’t expect Trump to move in that direction.

However, Luna, who on Tuesday joined with other party members in blocking the crypto initiative, said on X that a move against Powell is forthcoming.

“Hearing Jerome Powell is getting fired! From a very serious source,” she said, later adding, “I’m 99% sure firing is imminent.”

This post appeared first on NBC NEWS

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Follow along as Tony illustrates how to use OptionsPlay and StockCharts eliminate manual scans, reduce time spent digging through option chains, and zero in on high-probability trades with real-time, personalized insights. Throughout the video, Tony will explore how you can:

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This video premiered on July 15, 2025.

Governments and militaries around the world are beefing up their defense budgets as geopolitical and trade tensions mount. Unsurprisingly, aerospace and defense stocks are looking more attractive to investors. 

The aerospace and defense industry comprises covers a large array of products, including aircraft, autonomous vehicles, marine vessels, satellites, electronic systems, software, missiles, drones and tanks.

Global defense spending increased by 9.4 percent in 2024 to US$2.72 trillion, led by the United States, China, Russia, Germany and India.

For its part, Canada spent US$29.3 billion on defense in 2024, making it the 15th highest spender globally. The country has yet to meet NATO member country spending targets of 2 percent of gross domestic product (GDP), coming in at 1.37 percent last year. However, this is expected to change in 2025.

In June, the Canadian government announced plans to invest an additional C$9 billion in the Canadian Armed Forces for the 2025/2026 fiscal year. The funds will go towards a wide array of improvements, including new aircraft, armed vehicles and drones.

“In an increasingly dangerous and divided world, Canada must assert its sovereignty,’ Prime Minister Mark Carney stated. ‘We will rapidly procure new equipment and technology, build our defence industrial capacity, and meet our NATO defence commitment this year. Canada will seize this opportunity with urgency and determination.”

Top 5 Canadian Defense Stocks

Canada’s aerospace and defense industry plays a large role both domestically and through exports. The Canadian Armed Forces prioritizes domestic equipment and services procurement, with 55 percent of expenditures made to Canadian suppliers in 2022.

The Canadian defense sector has historically outperformed the broader manufacturing sector in terms of industrial growth, according to a Government of Canada report.

Exports represent a significant portion of revenues for land and marine military goods and services. GlobalData reports that naval vessels and surface combatants, military fixed-wing aircrafts and military satellites are currently the most attractive segments of the country’s defense market.

1. CAE (TSX:CAE)

Market cap: C$12.33 billion

Established in 1947, CAE manufactures simulation technologies and digitally immersive training services for the aerospace, defense and healthcare industries. The company’s defense and security business unit provides training and mission support solutions for air, land, maritime, space and cybersecurity operations.

The company has regional defense and security training facilities in many countries and regions globally, namely the US, Canada, the United Kingdom, Europe, the Indo-Pacific and the Middle East. CAE’s annual revenue for its 2025 fiscal year ending March 31, 2025, was C$4.71 billion, up 10 percent year-over-year.

2. Bombardier (TSX:BBD.B)

Market cap: C$11.57 billion

A global leader in aviation, Bombardier is headquartered in Québec, Canada, and operates aerostructure, assembly and completion facilities in Canada, the US and Mexico. Although best known for its business jets, the company has also earned the distinction of being a trusted designer and manufacturer of military special-mission aircraft under its Bombardier Defense unit.

Bombardier Defense has a multi-year US$465 million contract to sell its Global 6000 jets to the US Air Force under the Battlefield Airborne Communications Node program, which began in 2021 and extends through 2026. Under the contract, Bombardier is selling modified Global aircrafts to the US Air Force. These aircrafts are specialized communications platforms that help bridge voice and data between forces on the ground and in the air.

Bombardier reported US$8.7 billion in revenue for 2024, up 8 percent year-over-year.

3. MDA Space (TSX:MDA)

Market cap: C$4.25 billion

MDA calls itself “an international space mission partner and a robotics, satellite systems and geointelligence pioneer.” The company is responsible for Canada’s first military satellite, Sapphire, which is designed to monitor Earth’s orbit and surveil outer space for man-made space debris and other satellites. Classified as a Space Situational Awareness small-satellite system, Sapphire was created for Canada’s Department of National Defence. MDA also provides satellite capabilities to the Department of National Defence’s Polar Epsilon satellite ground stations.

MDA reported strong top-line growth in 2024, with revenues of C$1.08 billion, up 34 percent year-over-year. The company expects 2025 full year revenues to be between C$1.5 billion and C$1.65 billion.

4. Magellan Aerospace (TSX:MAL)

Market cap: C$1.06 billion

Magellan Aerospace designs, manufacturers and services aeroengine and aerostructure assemblies and components for the global aerospace market, as well as proprietary products for the military and space submarkets.

In April of this year, the company signed an amendment to an important long-term revenue sharing agreement with GE Aerospace (NYSE:GE). The amendment includes the production of major components for the F414-GE-400K aircraft engine over a seven-year period for the Korean KF-21 fighter aircraft program for South Korea’s national arms procurement agency.

Magellan’s total revenue for 2024 came in at C$942.37 million, up 7.1 percent over the previous year.

5. Kraken Robotics (TSXV:PNG)

Market cap: C$767.92 million

Marine technology company Kraken Robotics provides advanced subsea sonar and laser systems, as well as batteries and robotics systems for unmanned underwater vehicles used in the military and commercially. According to Kraken, it is best known for its high-resolution 3D acoustic imaging solutions and services.

In February of this year, Kraken announced plans to open a new battery production facility in Nova Scotia, stating it aims to meet increasing demand for uncrewed underwater vehicles from the defense sector.

Kraken’s consolidated revenue for 2024 reached C$91.3 million, up 31 percent year-over-year. The company’s guidance for 2025 revenue is C$120 million to C$135 million.

Top Canadian Defense ETFs

Exchange-traded funds (ETFs) are marketable securities that track an index, a commodity, bonds or a basket of assets like an index fund. Investors can diversify their portfolio and lower the risk of investing in individual stocks with defense ETFs.

ETF Portfolio Blueprint has identified two Canadian Defense ETFs worthy of investor attention. All data was current as of June 30, 2025.

1. iShares U.S. Aerospace & Defense Index ETF (TSX:XAD)

Assets under management: C$50.57 million

iShares U.S. Aerospace & Defense ETF launched in September 2023, and has an expense ratio of 0.44 percent. This fund replicates the iShares U.S. Aerospace & Defense ETF (BATS:ITA) and tracks the Dow Jones US Select Aerospace & Defense Index.

These defense stocks are typically stable companies in the sector whose revenues are mainly tied to long-term government contracts. Top holdings include RTX (NYSE:RTX), The Boeing Company (NYSE:BA), Lockheed Martin (NYSE:LMT), General Dynamics (NYSE:GD) and L3Harris Technologies (NYSE:LHX).

2. Global X Defence Tech Index ETF (TSX:SHLD)

Assets under management: C$28.88 million

Launched in April 2025, the Global X Defense Tech Index ETF is the Canadian version of the Global X Defense Tech ETF (NYSEARCA:SHLD). Like its US equivalent, the ETF tracks the proprietary Global X Defense Tech Index, meaning this ETF differs from XAD by offering exposure to a mix of US and global defense stocks. As it is a brand new ETF, an expense ratio has not yet been calculated, but it has a management fee of 0.49 percent.

Its only holding is the US Global X Defense Tech ETF, which includes some of the biggest defense stocks such as Lockheed Martin and General Dynamics, and is also heavily weighted in Palantir Technologies (NASDAQ:PLTR) and L3Harris Technologies.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Join Grayson as he shares how to streamline your analysis using custom ChartStyles. He demonstrates how to create one-click ChartStyles tailored to your favorite indicators, use style buttons to quickly switch between clean, focused views, and build a chart-leveling system that reduces noise and helps you stay locked in on what matters most.

This video originally premiered on July 16, 2025. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.

You can view previously recorded videos from Grayson at this link.

This week, Joe analyzes all 30 Dow Jones Industrial Average stocks in a rapid-fire format, offering key technical takeaways and highlighting potential setups in the process. Using his multi-timeframe momentum and trend approach, Joe shows how institutional investors assess relative strength, chart structure, ADX signals, and support zones. From Boeing’s triple bottom to Nvidia’s powerful trend, not to mention Microsoft’s key pullback level, this session is packed with insights for traders looking to stay in sync with the market’s leaders and laggards.

Joe has been working with institutional portfolio managers for the past 35 years, and this video shows the type of reads he gives to them during their phone calls.

The video premiered on July 16, 2025. Click this link to watch on Joe’s dedicated page. 

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

From the S&P 500’s pause within a bullish trend, to critical support levels in semiconductors, plus bullish breakouts in Ethereum and Bitcoin, Frank highlights how the market’s recent consolidation may lead to major upside. In this video, Frank explores how to use StockCharts to layer chart annotations, trend indicators, and pattern analysis for stronger evidence-based decisions. He also compares current chart structures to 2020-2021 in order to better understand what could be next.

This video originally premiered on July 16, 2025.

You can view previously recorded videos from Frank and other industry experts at this link.