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May 19, 2025

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The Schwab US Dividend Equity ETF (SCHD) stock price has rebounded in the past few weeks, rising by 11.5% from its lowest point this year. SCHD has jumped to a high of $26.60, its highest point since April 3. This article explores the top catalysts for the blue-chip dividend ETF.

Top SCHD ETF earnings

The first important catalyst for the SCHD ETF will be earnings by some of its top constituent companies. Historically, these earnings have impacted its performance, especially if they are big companies.

The first one will be Home Depot, the fifth-biggest company in the fund with a $2.8 billion stock. Home Depot’s earnings are expected to show that its revenue rose by 7.78% in the last quarter to $39.25 billion.

Target, one of the top American retailers, will also publish its financial results this week. These numbers are expected to reveal that its earnings per share dropped from $2.03 last year to $1.69 in the last quarter. The revenue figure is expected to drop by 0.49% to $24.5 billion.

Target has been struggling in the past few years and has continued to underperform companies like Walmart and Costco. It has been hurt by its DEI policies, slow rollout of its e-commerce business, and its groceries approach. All these factors explain why the Target stock price has dropped by over 43% from its highest point last year.

The other SCHD company to watch will be Buckle, which will release its earnings on Friday this week.

The recent earnings season has been strong, with a report by FactSet showing that the blended earnings growth of companies in the S&P 500 Index coming in at 13.6%, the second quarter of double-digit growth. 

However, these earnings have been viewed as being transitory because they did not include tariffs that Trump announced last month. 

Moody’s credit rating downgrade

The other key catalyst for the SCHD ETF will be the decision by Moody’s to downgrade the US credit rating. The company moved the rating from AAA to AA1 a year after it changed its outlook to negative.

This credit rating downgrade came as Washington politicians deliberated on Donald Trump’s spending package that will increase the deficit by over $4 trillion in the next decade.

The credit rate downgrade is always a big deal, which explains why American stock futures are falling. Those tied to the Dow Jones dropped by 400 points, while the Nasdaq 100 and S&P 500 ones fell by 70 and 308, respectively. 

On the positive side, Moody’s did not tell the market anything new. Most analysts already know that the situation is not all good as the public debt has jumped to over $36.8 trillion. Also, the stock market has already done well since it was downgraded by S&P 500 in 2011 and by Fitch in 2022.

Read more: Moody’s stock price is rising, but chart points to a pullback

SCHD ETF stock price analysis

SCHD ETF stock chart by TradingView

The daily chart shows that the SCHD ETF share price has rebounded in the past few weeks, moving from a low of $23.8 in April to $26.63 today. It has jumped above the 50-day and 25-day Exponential Moving Averages (EMA).

The stock has also retested the important resistance point at $26.63, the lowest swing in December last year. Also, the Relative Strength Index (RSI) and the MACD indicators have continued rising. 

Therefore, the most likely scenario is where the SCHD stock experiences some volatility as the market reflects on the credit rating downgrade. It will then resume the uptrend as bulls attempt to hit the year-to-date high of $28.56.

The post SCHD ETF analysis: 2 catalysts to move the dividend fund this week appeared first on Invezz

White Cliff Minerals Limited (“WCN” or the “Company”) (ASX: WCN; OTCQB: WCMLF) is pleased to announce it has received firm commitments to raise approximately A$14.4m (before costs) through the issue of 384,615,398 new, fully paid ordinary shares in the Company. Utilising the “flow-through shares” provisions under Canadian tax law 307,692,321 shares will be issued at an issue price of A$0.0403 per share representing a 38.9% premium to WCN’s last trading price of A$0.029 (14 May 2025) for a total of A$12.40m (Flow-Through). Additionally, the Company has received firm commitments to raise $2 million (before costs) through a share placement to new and existing sophisticated and professional investors (Placement). 76,923,077 shares will be issued under the Placement at $0.026 per share, being a 10.3% discount to the Company’s last closing price before trading halt.

  • Capital raise cornerstoned by the Company’s Strategic Advisor, John Hancock and his private family office, Astrotricha Capital SEZC.
  • The capital raise was significantly oversubscribed and the Company received investment from a number of new Australian, United Kingdom, Hong Kong and Singaporean financial institutions as well as existing institutional and sophisticated shareholders
  • Funds will be used to expand and accelerate drilling and exploration activities at the Company’s Rae Copper Project with drilling set to recommence from mid-July
  • Drilling activities will include both reverse circulation and diamond drilling, providing the Company flexibility in its targeting approach
  • Aerial and downhole geophysics are to be undertaken to further refine drill targets across the Rae Copper Project
  • Following encouraging visual results, the Company expects to update shareholders on further assays results for holes 5, 6 and 7 at Danvers, expected to be received over the coming weeks

”The successful completion of this capital raise is a testament to the quality of our Rae Copper Project and the confidence that investors have in our exploration strategy. The ability to access the less dilutive flow through funds at a circa 40% premium is a huge advantage and value accretive for shareholders. Further, John Hancock and his Astrotricha Capital Family Office cornerstone position in the raise, along with the support of other high net worth investors introduced by Astrotricha, reflects their shared vison for the future of WCN and underpins the Company’s development plans for the Rae Copper Project.

The outlook for copper prices remains robust and the Company is poised to ramp up exploration efforts as we capitalise on its strong financial position following this raise, in addition to the ongoing conversion of WCNO options. Following recent high-grade results, this upcoming drilling at Danvers will lay the foundation for a maiden exploration target at the project over the coming period. We are very excited about the potential to delineate a material resource around the immediate drilling area at Danvers and to potentially encompass additional deposits along the regional 7km + strike.

In parallel, drilling will commence at the major sedimentary hosted copper target at Hulk. The pre collars that we have completed at Hulk sit only about 50mtrs above the target horizon and with diamond rigs planned to arrive in the coming months at which time we plan to drill all project areas and deliver on the potential for an additional major copper discovery at our Rae Project.”

Troy Whittaker – Managing Director

“Starting out as a Strategic Advisor to WCN with an initial invested stake, I have now become the Company’s largest shareholder and am pleased to see another well executed and strongly supported capital raise at a premium to the share price. The WCN focus has been on minimising existing shareholder dilution whilst attracting strategic investor capital to accelerate exploration and at the same time, securing the Company’s financial position for the longer term. There is now global investor interest in WCN’s prospects and I look forward to further upcoming drill results.”

John Hancock – Strategic Advisor to WCN

Click here for the full ASX Release

This post appeared first on investingnews.com

President Donald Trump’s ‘one big, beautiful bill’ survived a key hurdle in the House of Representatives on Sunday night, putting it one step closer to a chamber-wide vote later this week.

Lawmakers on the House Budget Committee were summoned back to Washington for a 10 p.m. meeting to vote on advancing the legislation, which passed the panel in a nearly party-line vote.

Speaker Mike Johnson, R-La., made a surprise appearance at the committee room shortly before the vote began, telling reporters, ‘We think this is going to go well tonight. We’re about to find out.’

He said there would likely be ‘minor modifications’ to the final bill.

It comes after a rebellion by four conservative House Freedom Caucus members on the committee blocked the bill from advancing on Friday, with the fiscal hawks seeking assurances that stricter crackdowns on Medicaid and green energy subsidies in the Inflation Reduction Act (IRA) would be in the final bill before a House-wide vote.

Advancing the legislation through the House Budget Committee is a largely procedural move. Any likely changes will be introduced as amendments in the House Rules Committee, the final gatekeeper before a House-wide vote, sometime early this week.

Notably, two of the Budget Committee fiscal hawks who demanded further changes – Reps. Chip Roy, R-Texas, and Ralph Norman, R-S.C. – also sit on the House Rules Committee.

Nevertheless Speaker Mike Johnson, R-La., signaled confidence on Fox News Sunday that his chamber was ‘on track’ to hold that House-wide vote toward the end of this week.

The House Budget Committee passed a framework earlier this year with ‘instructions’ for various other committees to enact Trump policies under their jurisdictions. 

Following House and Senate-wide votes on their frameworks, House committees began crafting those policies, which have now been put back together into the massive bill the House Budget Committee advanced on Sunday night.

Republicans are working to pass Trump’s agenda via the budget reconciliation process, which allows the party controlling both Congress and the White House to pass vast pieces of legislation while completely sidelining the minority – in this case, Democrats.

It does so by lowering the Senate’s threshold for passage from 60 votes to 51, lining up with the House’s own simple majority. The legislation must adhere to a specific set of rules, however, including only items related to federal spending, tax, and the national debt.

Trump is having Republicans use the legislation to enact his campaign promises on tax cuts, immigration, energy, defense, and raising the debt limit.

And while quelling Friday’s GOP mutiny is a victory for House Republican leaders, lawmakers will still have to sit through high-stakes negotiations on any changes made to the bill before the House Rules Committee considers it.

Conservatives are opposed to aspects of the legislation’s crackdown on Medicaid, which Republicans have said they are only trimming for waste, fraud, and abuse. But Medicaid work requirements for able-bodied people are not set to kick in until 2029, and conservatives have argued that it was a large window of time for those changes to be undone, among other concerns.

They’re also pushing for a more aggressive effort to repeal green energy tax subsidies passed in the former Biden administration’s Inflation Reduction Act (IRA). 

The respective pushes have pitted them against moderates wary of significant Medicaid cuts, and Republican lawmakers whose districts have businesses that have benefited from the tax relief.

Meanwhile, moderates in high-cost-of-living areas have also pushed for larger state and local tax (SALT) deduction caps, which red state Republicans have largely dismissed as subsidies to high-tax blue states.

The Republicans in those seats, however, have argued that it’s an existential issue for their districts, where GOP victories were critical to winning and holding the House majority.

But even after it passes the House, Republicans there likely won’t be done with the ‘big, beautiful bill’ – Republican senators have already signaled they are likely going to make changes to the bill.

Johnson said Sunday that House and Senate leaders were ‘in close coordination’ on the final product, adding, ‘we hope that they don’t make many modifications to it.’

Any changes will have to go through the House again; identical bills must pass both chambers before getting signed into law by Trump.

Republican leaders have said they hope to get a bill on the president’s desk by Fourth of July.

This post appeared first on FOX NEWS