SPLG and FLAG Experience Significant ETF Withdrawals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 29 2025
0mins
Source: NASDAQ.COM
ETF Outflow Details: The Global X S&P 500 US Market Leaders Top 50 ETF experienced the largest outflow, losing 40,000 units, which is a 40.0% decline in outstanding units compared to the previous week.
Market Performance: In morning trading, Oracle's stock decreased by approximately 0.7%, while JP Morgan Chase's stock fell by about 0.1%.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MSFT?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MSFT
Wall Street analysts forecast MSFT stock price to rise
34 Analyst Rating
32 Buy
2 Hold
0 Sell
Strong Buy
Current: 393.830
Low
500.00
Averages
631.36
High
678.00
Current: 393.830
Low
500.00
Averages
631.36
High
678.00
About MSFT
Microsoft Corporation is a technology company. The Company develops and supports software, services, devices, and solutions. The Company’s segments include Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of products and services in its portfolio of productivity, communication, and information services. This segment primarily comprises: Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions. The Intelligent Cloud segment consists of server products and cloud services, including Azure and other cloud services, SQL Server, Windows Server, Visual Studio, System Center, and related Client Access Licenses (CALs), and Nuance and GitHub; and Enterprise Services, including enterprise support services, industry solutions and Nuance professional services. The More Personal Computing segment primarily comprises Windows, Devices, Gaming, and search and news advertising.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
AI Companies Anthropic and OpenAI Race for $1 Trillion IPOs
- Valuation Comparison: Anthropic's S-1 filing on June 1 revealed a valuation of $965 billion following a $65 billion Series H round, while OpenAI is valued at approximately $852 billion; despite both being unprofitable, Anthropic shows stronger market performance.
- Revenue Growth: Anthropic's annualized revenue skyrocketed from $4 billion to $47 billion in just 14 months, indicating robust growth in the enterprise AI market, whereas OpenAI's annualized revenue stands at around $30 billion, with projected losses of $14 billion by 2026.
- Market Share: Anthropic's Claude Code commands 54% of the enterprise AI coding market, significantly outpacing OpenAI's 21%, solidifying Anthropic's position in high-value AI applications and attracting more enterprise clients.
- Profitability Outlook: Anthropic is on track to achieve its first profitable quarter soon, while OpenAI is not expected to reach profitability until 2029, highlighting the critical differences investors must consider regarding risk and return in their investment choices.
See More
Morgan Stanley Acquires UK Rental Business for £1.05 Billion
- Acquisition Deal: Morgan Stanley's investment management division, in partnership with Ridgeback Group, has acquired the Private Rented Sector business from London & Quadrant Housing Trust for approximately £1.05 billion, securing a portfolio of about 3,200 homes, which significantly enhances its investment footprint in the UK real estate market.
- Market Reaction: Following the announcement, Morgan Stanley's stock rose 2.6% in the afternoon session, closing at $225.16, indicating a positive market response to the acquisition, despite the stock's overall low volatility with only two moves exceeding 5% in the past year.
- IPO Impact: Morgan Stanley played a crucial role in stabilizing SpaceX's record IPO, further solidifying its position as a bank of choice in capital markets, reflecting its strong influence in the financial services sector.
- Long-term Investment Returns: The stock has risen 24% since the beginning of the year, reaching a new 52-week high, and investors who purchased $1,000 worth of shares five years ago would now see their investment valued at $2,567, showcasing its robust long-term growth potential.
See More
Microsoft's Cloud Leasing Talks with Oracle Collapse, Shares Drop
- Stock Price Decline: Microsoft's shares fell nearly 4% following the collapse of leasing talks with Oracle, indicating market concerns over its cloud business expansion and potentially impacting investor confidence.
- Negotiation Breakdown Reasons: Reports suggest that discussions failed due to security and compliance issues, as Oracle was unwilling to incorporate the Federal Risk and Authorization Management Program (FedRAMP) into its standard public cloud, which is crucial for handling sensitive government data.
- Market Demand Challenges: Despite both Microsoft and Oracle actively building out cloud capabilities, a significant capacity bottleneck exists due to the high resource demands of artificial intelligence, posing challenges for future growth for both companies.
- Partnership Statement: An Oracle spokesperson emphasized the ongoing collaborative relationship with Microsoft in cloud infrastructure, stating that while the negotiations did not succeed, both companies are still exploring other avenues for cooperation.
See More
Apple Plans Price Hikes to Address Rising Chip Costs
- Inevitable Price Increases: CEO Tim Cook stated in an interview with The Wall Street Journal that due to rising costs of memory and storage chips, price hikes for Apple products are unavoidable, highlighting significant pressure on the company's cost structure.
- Initial Products Affected: Macs and iPads are expected to be the first products to see price increases, consistent with Apple's earlier decision to raise the starting price of the Mac Mini in May, indicating a proactive pricing strategy in response to cost challenges.
- Industry-Wide Trend: Microsoft's newly launched Surface Pro and Surface Laptop start at $1,499 and $1,599 respectively, reflecting a roughly 50% increase over previous models, showcasing a structural shift across the PC industry driven by AI-related memory shortages.
- Future Outlook: Apple's upcoming fiscal Q3 2026 earnings call is scheduled for July 30, where analysts will have the opportunity to question management about the impact of elevated memory costs on margins and seek a clearer timeline for the anticipated product price increases, which could significantly influence investor confidence.
See More
CoreWeave's Stock Volatility and Future Outlook
- Stock Volatility: CoreWeave's shares surged approximately 10% on June 16 to around $117, yet remain 37% below last June's peak of $187, indicating cautious optimism about its future growth amidst market fluctuations.
- Revenue Growth: For the first quarter ending March 31, CoreWeave reported a 112% year-over-year revenue increase to about $2.08 billion, a 32% rise from the previous quarter, while its backlog of contracted future revenue reached $99.4 billion, reflecting strong market demand and a diversified customer base.
- Capital Expenditure Pressure: CoreWeave anticipates capital expenditures between $31 billion and $35 billion for 2023, primarily funded through debt, leading to a net interest expense that more than doubled to $536 million and a widened net loss of $740 million, highlighting the high costs of its expansion.
- Customer Concentration Risk: Despite securing significant contracts with major clients like Meta and Anthropic, 62% of its 2024 revenue still relies on Microsoft, indicating high customer concentration that could impact its growth trajectory, necessitating investor vigilance regarding sustained market demand.
See More
Recap of CNBC Investing Club Monthly Meeting
- Portfolio Analysis: During the June Monthly Meeting, Jim Cramer and Jeff Marks provided an in-depth analysis of 35 portfolio stocks, highlighting their preference for Intel due to its significant upside potential in data center CPU growth, particularly in the context of competition with TSMC.
- Tech Giants Restructuring: Cramer noted a reordering of the 'Magnificent Seven,' with newcomers like SpaceX and the yet-to-go-public Anthropic and OpenAI emerging as formidable competitors, indicating intensified market competition, especially in the AI sector.
- Strengths of Alphabet and Apple: Alphabet is positioned advantageously in the AI era with its YouTube and Waymo businesses, while Apple leverages its ecosystem of over 2.5 billion iPhone users to strengthen its AI partnership with Alphabet, showcasing both companies' robust market positions.
- Market Dynamics and Investment Strategy: Despite challenges faced by Meta and Microsoft, Cramer advises maintaining investments in Amazon and Nvidia, believing that the latter's GPU demand will continue to grow, and that Amazon's cloud business remains highly profitable.
See More
AI Companies Anthropic and OpenAI Race for $1 Trillion IPOs
- Valuation Comparison: Anthropic's S-1 filing on June 1 revealed a valuation of $965 billion following a $65 billion Series H round, while OpenAI is valued at approximately $852 billion; despite both being unprofitable, Anthropic shows stronger market performance.
- Revenue Growth: Anthropic's annualized revenue skyrocketed from $4 billion to $47 billion in just 14 months, indicating robust growth in the enterprise AI market, whereas OpenAI's annualized revenue stands at around $30 billion, with projected losses of $14 billion by 2026.
- Market Share: Anthropic's Claude Code commands 54% of the enterprise AI coding market, significantly outpacing OpenAI's 21%, solidifying Anthropic's position in high-value AI applications and attracting more enterprise clients.
- Profitability Outlook: Anthropic is on track to achieve its first profitable quarter soon, while OpenAI is not expected to reach profitability until 2029, highlighting the critical differences investors must consider regarding risk and return in their investment choices.
See More
Morgan Stanley Acquires UK Rental Business for £1.05 Billion
- Acquisition Deal: Morgan Stanley's investment management division, in partnership with Ridgeback Group, has acquired the Private Rented Sector business from London & Quadrant Housing Trust for approximately £1.05 billion, securing a portfolio of about 3,200 homes, which significantly enhances its investment footprint in the UK real estate market.
- Market Reaction: Following the announcement, Morgan Stanley's stock rose 2.6% in the afternoon session, closing at $225.16, indicating a positive market response to the acquisition, despite the stock's overall low volatility with only two moves exceeding 5% in the past year.
- IPO Impact: Morgan Stanley played a crucial role in stabilizing SpaceX's record IPO, further solidifying its position as a bank of choice in capital markets, reflecting its strong influence in the financial services sector.
- Long-term Investment Returns: The stock has risen 24% since the beginning of the year, reaching a new 52-week high, and investors who purchased $1,000 worth of shares five years ago would now see their investment valued at $2,567, showcasing its robust long-term growth potential.
See More
Microsoft's Cloud Leasing Talks with Oracle Collapse, Shares Drop
- Stock Price Decline: Microsoft's shares fell nearly 4% following the collapse of leasing talks with Oracle, indicating market concerns over its cloud business expansion and potentially impacting investor confidence.
- Negotiation Breakdown Reasons: Reports suggest that discussions failed due to security and compliance issues, as Oracle was unwilling to incorporate the Federal Risk and Authorization Management Program (FedRAMP) into its standard public cloud, which is crucial for handling sensitive government data.
- Market Demand Challenges: Despite both Microsoft and Oracle actively building out cloud capabilities, a significant capacity bottleneck exists due to the high resource demands of artificial intelligence, posing challenges for future growth for both companies.
- Partnership Statement: An Oracle spokesperson emphasized the ongoing collaborative relationship with Microsoft in cloud infrastructure, stating that while the negotiations did not succeed, both companies are still exploring other avenues for cooperation.
See More
Apple Plans Price Hikes to Address Rising Chip Costs
- Inevitable Price Increases: CEO Tim Cook stated in an interview with The Wall Street Journal that due to rising costs of memory and storage chips, price hikes for Apple products are unavoidable, highlighting significant pressure on the company's cost structure.
- Initial Products Affected: Macs and iPads are expected to be the first products to see price increases, consistent with Apple's earlier decision to raise the starting price of the Mac Mini in May, indicating a proactive pricing strategy in response to cost challenges.
- Industry-Wide Trend: Microsoft's newly launched Surface Pro and Surface Laptop start at $1,499 and $1,599 respectively, reflecting a roughly 50% increase over previous models, showcasing a structural shift across the PC industry driven by AI-related memory shortages.
- Future Outlook: Apple's upcoming fiscal Q3 2026 earnings call is scheduled for July 30, where analysts will have the opportunity to question management about the impact of elevated memory costs on margins and seek a clearer timeline for the anticipated product price increases, which could significantly influence investor confidence.
See More
CoreWeave's Stock Volatility and Future Outlook
- Stock Volatility: CoreWeave's shares surged approximately 10% on June 16 to around $117, yet remain 37% below last June's peak of $187, indicating cautious optimism about its future growth amidst market fluctuations.
- Revenue Growth: For the first quarter ending March 31, CoreWeave reported a 112% year-over-year revenue increase to about $2.08 billion, a 32% rise from the previous quarter, while its backlog of contracted future revenue reached $99.4 billion, reflecting strong market demand and a diversified customer base.
- Capital Expenditure Pressure: CoreWeave anticipates capital expenditures between $31 billion and $35 billion for 2023, primarily funded through debt, leading to a net interest expense that more than doubled to $536 million and a widened net loss of $740 million, highlighting the high costs of its expansion.
- Customer Concentration Risk: Despite securing significant contracts with major clients like Meta and Anthropic, 62% of its 2024 revenue still relies on Microsoft, indicating high customer concentration that could impact its growth trajectory, necessitating investor vigilance regarding sustained market demand.
See More
Recap of CNBC Investing Club Monthly Meeting
- Portfolio Analysis: During the June Monthly Meeting, Jim Cramer and Jeff Marks provided an in-depth analysis of 35 portfolio stocks, highlighting their preference for Intel due to its significant upside potential in data center CPU growth, particularly in the context of competition with TSMC.
- Tech Giants Restructuring: Cramer noted a reordering of the 'Magnificent Seven,' with newcomers like SpaceX and the yet-to-go-public Anthropic and OpenAI emerging as formidable competitors, indicating intensified market competition, especially in the AI sector.
- Strengths of Alphabet and Apple: Alphabet is positioned advantageously in the AI era with its YouTube and Waymo businesses, while Apple leverages its ecosystem of over 2.5 billion iPhone users to strengthen its AI partnership with Alphabet, showcasing both companies' robust market positions.
- Market Dynamics and Investment Strategy: Despite challenges faced by Meta and Microsoft, Cramer advises maintaining investments in Amazon and Nvidia, believing that the latter's GPU demand will continue to grow, and that Amazon's cloud business remains highly profitable.
See More
