YEHUD, Israel, July 6, 2021 /PRNewswire/ -- Senstar Technologies (legal name: Magal Security Systems Ltd.) (NASDAQ:MAGS) announced today that Mr. Tomer Hay has been appointed as CFO of the Company. Mr. Hay will replace Mr. Yaacov (Kobi) Vinokur, who has been Magal's CFO since 2016. Mr. Hay is expected to replace Mr. Vinokur following a transition period. Mr. Hay joined the Company in 2012 as Corporate Controller and progressed to the position of VP Finance before his appointment as CFO. As VP Finance, Mr. Hay was responsible for the Company's financial reporting, analysis, controls and tax matters. In addition, he was actively involved in strategic processes, including M&A and restructuring.

SC 13G/A - MAGAL SECURITY SYSTEMS LTD (0000896494) (Subject)

Technology stocks endured their steepest decline since late 2022 on Wednesday, with nearly 75% of Nasdaq 100 constituents slipping into the red. The Nasdaq 100 — tracked by the Invesco QQQ Trust (NASDAQ:QQQ) — dropped 3.6%, marking its fifth decline in six sessions and the sharpest one-day drop since October 2022. The tech-heavy index fell below its 50-day moving average for the first time since early May. It mostly stayed above this key support level since late October 2023, barring a brief two-week period between April and May. See Also: GDP Q2 Preview – 5 ETFs To Monitor Thursday As Economic Data Unfolds Shares of Alphabet Inc (NASDAQ:GOOG), the parent company of Google, plumm

Wall Street experienced a turbulent session on Wednesday, with the S&P 500 index heading toward its worst performance in over a year and the tech-focused Nasdaq 100 eyeing its fifth decline in the last six sessions. The Magnificent Seven group — Microsoft Corp. (NYSE:MSFT), Apple Inc. (NASDAQ:AAPL), NVIDIA Corp., Alphabet Inc., Amazon Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META) and Tesla, Inc. — wiped out over $570 billion in their combined market valuation by midday trading in New York. The Roundhill Magnificent Seven ETF (NYSE:MAGS) fell 4.9%, marking the worst daily performance since the fund’s inception last year. Tesla shares plummeted over 11% after missing earnings exp

Despite a market rebalancing away from large tech companies, reflected by an over 10% correction in the Roundhill Magnificent Seven ETF (NASDAQ:MAGS) in the past two weeks, the so-called “Magnificent Seven” companies still comprise an outsized portion of the S&P 500. The Data: The Magnificent 7 comprises seven of the largest U.S. technology companies weighted heavily in the SPDR S&P 500 ETF Trust (NYSE:SPY). Apple Inc (NASDAQ:AAPL), 6.93% of the index. Microsoft Corp (NASDAQ:MSFT), 6.66% of the index. NVIDIA Corp (NASDAQ:NVDA), 5.95% of the index. Alphabet Inc (NASDAQ:G) (NASDAQ:GOOGL), 4.45% of the index. Amazon.com Inc (NASDAQ:AMZN), 3.94% of the index. Meta Platforms

It’s deep red on Wall Street on Wednesday, with tech stocks sharply falling amid a semiconductor broad-based selloff following news that the Biden administration is hastening export restrictions to China. Bloomberg reported on Wednesday that the U.S. administration has advised its allies to impose the strictest trade restrictions possible if companies such as Tokyo Electron Ltd. (OTCPK: TOELY) and ASML Holding NV (NASDAQ:ASML) persist in supplying advanced chips to China. Shares of the Dutch chipmaker ASML Holding fell nearly 12%, notching the worst decline since March 2020. The tech-heavy Nasdaq 100 tumbled by 2.7% at 12:45 p.m. ET, marking the worst session since late August 2023.

Bank of America U.S. economist Michael Gapen maintains his forecast that the Federal Reserve will make its first rate cut in December, diverging from the wide majority of analysts and investors who are heavily betting on a September move. During an event call on Wednesday organized by the investment bank, Gapen expressed that the U.S. economy is stabilizing, slowing, but not collapsing. The labor market remains robust, inflation is easing, and supply-side recovery keeps growth within potential. “Disinflation has hit a speed bump in early 2024, but we think inflation will reach the 2% target in 2026,” Gapen stated. Gapen anticipates the Fed to cut rates in December, followed by a pac

In 2024, the share prices of large-cap companies have soared while small-caps have struggled. Thursday’s price action could mark a key reversal in this year’s trend. Price Action: The iShares Russell 2000 ETF (NYSE:IWM), which tracks small-cap stocks, closed up 3.63% on the day. The iShares Russell 1000 ETF (NYSE:IWB), which tracks large-cap stocks, was down 0.66% on the day. The difference between the two indexes’ performances was therefore over 4%. The Roundhill Magnificent Seven ETF (NASDAQ:MAGS), which tracks Microsoft Corp, Apple Inc, NVIDIA Corp, Alphabet Inc, Meta Platforms Inc, Amazon.com Inc and Tesla Inc, saw a big down day. The share prices of the Magnificent Seven collec

Four of the largest companies in the world have hit new all-time highs in recent weeks with Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Meta Platforms (NASDAQ:META) and Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) helping power the S&P 500 Index to new all-time highs. A Benzinga poll sizes up the four technology stocks to see which investors think is the better buy right now. What Happened: Large technology stocks and members of the Magnificent 7 continue to outperform the overall market, hitting new highs and seeing their weighting in the S&P 500 hit historic highs. Here's a look at the one-year and year-to-date performance of the four stocks mentioned above: Appl

The second quarter is projected to be the first in which the “Other 493” companies — those outside the “Magnificent 7” tech giants — will exhibit earnings growth after five quarters of stagnation or decline. This development could broaden market gains as tech sector growth slows, according to Bank of America. Bank of America’s analysts, Ohsung Kwon, CFA and Savita Subramanian, presented a more conservative outlook on Q2 earnings for U.S. companies compared to consensus estimates. While the consensus expects earnings per share (EPS) to rise by 9% year-over-year in Q2, the analysts anticipate a 2% beat which aligns with historical averages but is the smallest since Q4 2022. Behi

A small group of artificial intelligence (AI) stocks played a large part in sending the S&P 500 to historic performance in 2024. While there are all-time highs and rapid share price appreciation in the AI play, some experts are skeptical that the rally can continue. The AI Analyst: In a Monday note, Citigroup (Citi) analyst Drew Pettit told investors to “take profits” on AI amid top performers’ sky-high performance. Pettit’s takeaways were revealed in a Bloomberg report. Main Takeaways: The analyst stated that while betting against AI "would be difficult for many on the buy-side," investors should rebalance portfolios away from the high-fliers and into AI companies trading cheaper. Pet

A small number of technology companies, affectionately named the “Magnificent 7,” have accounted for an outsized portion of the SPDR S&P 500 ETF Trust (NYSE:SPY) gains in 2024. Will it continue through the rest of the year? The Magnificent 7: The Magnificent 7 comprises seven mega-cap companies: Microsoft Corp (NASDAQ:MSFT), up 26.15% in 2024. Apple Inc (NASDAQ:AAPL), up 21.37% in 2024. NVIDIA Corp (NASDAQ:NVDA), up 164.38% in 2024. Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), up 37.88% in 2024. Amazon.com Inc (NASDAQ:AMZN), up 33.38% in 2024. Meta Platforms Inc (NASDAQ:META), up 54.24% in 2024. Tesla Inc (NASDAQ:TSLA), down 0.72% in 2024 (but up over 40% in the past m

MAGS is the first and only U.S. listed ETF offering targeted exposure to the "Magnificent Seven" stocks. NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce that the Roundhill Magnificent Seven ETF (MAGS) has surpassed $1 billion in assets under management (AUM).1 MAGS is the only U.S. ETF offering precise exposure to the Magnificent Seven stocks – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. The Magnificent Seven stocks have outperformed due to their strong market leader

DRAG offers targeted exposure to nine of the largest and most innovative Chinese companies, collectively known as the "China Dragons." NEW YORK, Oct. 3, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill China Dragons ETF (DRAG), which begins trading on Cboe BZX today. DRAG seeks to provide investors with equal-weight exposure to a concentrated basket of five to ten of the largest and most innovative Chinese companies driving innovation around the globe, collectively dubbed the

NEW YORK, Sept. 16, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce that the firm has surpassed $2 billion in assets under management (AUM).1 This latest milestone represents tremendous growth for the firm, which has achieved over $1.2 billion in year-to-date net inflows.2 Founded in 2018, Roundhill acts as Adviser or Sub-Adviser to a total of seventeen ETFs, ranging from thematic equity to options income products. The firm's most recent launch was the Roundhill Small Cap 0DTE Covered Call Strategy ETF

NEW YORK, May 9, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce that the firm has surpassed $1 billion in assets under management (AUM) across its ETF suite. Roundhill acts as Adviser or Sub-Adviser to a total of fourteen ETFs, ranging from thematic equity to options income products. The firm now has three funds with more than $100 million in assets, illustrative of the diversification and growth of its lineup. On a year-to-date basis, the Roundhill Magnificent Seven ETF (NASDAQ:MAGS) and the Roundhil

Industry recognition coincides with MAGS surpassing $250 million in assets under management. NEW YORK, April 29, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is honored to announce that the Roundhill Magnificent Seven ETF (MAGS) has been recognized as "Best New ETF" at the 2024 ETF.com Awards. The award is granted to an ETF that launched in 2023 and exhibited a compelling combination of innovation, outperformance, and low cost while seeking to meet the evolving needs and preferences of investors in the year. MAGS achieved

MAGS is the first and only U.S. listed ETF to target the "Magnificent Seven" stocks NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Roundhill Investments ("Roundhill"), a leading provider of innovative financial products, is pleased to announce that the Roundhill Magnificent Seven ETF (NASDAQ:MAGS) has surpassed $100 million in assets under management (AUM) less than a year after its launch. Following the fund's name change from the Roundhill BIG Tech ETF to the Roundhill Magnificent Seven ETF, and the inclusion of Tesla and Nvidia, MAGS has seen a meaningful increase in asset growth a

YBTC has declared a monthly distribution of $1.33 per share, representing an annualized yield of 33.19%* NEW YORK, Jan. 26, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, announced January distribution details for the Roundhill Bitcoin Covered Call Strategy ETF. Fund Name Ticker Distribution Per Share Distribution Yield * Ex-Date RecordDate Pay Date Distribution Frequency Roundhill BitcoinCovered Call Strategy ETF YBTC $1.334300 33.19 % 1/29/24 1/30/24 1/31/24 Monthly   As of January 26, 2024, the 30-Day SEC yield** for the Roundhill Bitcoin Covered Call Strategy ETF is not yet available. The Gross Expense Ratio for YBTC is 0.95%. *Distr

RAMAT GAN, Israel, Nov. 30, 2023 /PRNewswire/ -- Senstar Technologies (NASDAQ:SNT), a leading international provider of comprehensive physical, video and access control security products and solutions, today announced its financial results for the three and nine months ended September 30, 2023. Management will hold an investors' conference call later today (at 10 a.m. Eastern Time) to discuss the results. Business Highlights: Continued strong growth in Europe driven by market share expansion in the region.Introduced the Senstar MultiSensor™ intrusion detection system, a disruptive AI-powered sensor unit.Cash balance of $12.6 million and zero debt as of September 30, 2023.Mr. Fabien Haubert,

YEHUD, Israel, Sept. 30, 2021 /PRNewswire/ -- Senstar Technologies (NASDAQ:MAGS), a leading international provider of comprehensive physical, video, and access control security products and solutions, today announced that as of September 30, 2021 its ordinary shares will be traded under its new name: Senstar Technologies Ltd., following the name change from Magal Security Systems, Ltd. In addition, the company also announced that its common stock will begin trading under ticker symbol "SNT" on the Nasdaq Capital Market at the opening of the market on September 30, 2021. Dror Sharon, Chief Executive Officer of Senstar, commented, "Rebranding under the Senstar name conveys our strategic focu

BIRMINGHAM, England, Sept. 7, 2021 /PRNewswire/ -- Senstar, a world leader in perimeter intrusion detection and video management solutions, is pleased to introduce the Senstar TC200 thermal-visible, dual-video detection camera for outdoor site security. A smart camera that detects intruders with high accuracy and low nuisance alarms, the Senstar TC200 combines the power of thermal detection with the power of visible HD color for reliable 24-hour security. Along with on-board video storage, automatic stabilization, LED illumination, long-range and wide-angle options, and dual-sensor video analytics, the Senstar TC200 helps prevent crime, theft, and business disruptions. "With outstanding det

6-K - SENSTAR TECHNOLOGIES LTD. (0000896494) (Filer)

6-K - MAGAL SECURITY SYSTEMS LTD (0000896494) (Filer)

6-K - MAGAL SECURITY SYSTEMS LTD (0000896494) (Filer)

6-K - MAGAL SECURITY SYSTEMS LTD (0000896494) (Filer)

6-K - MAGAL SECURITY SYSTEMS LTD (0000896494) (Filer)

6-K - MAGAL SECURITY SYSTEMS LTD (0000896494) (Filer)

6-K - MAGAL SECURITY SYSTEMS LTD (0000896494) (Filer)

6-K - MAGAL SECURITY SYSTEMS LTD (0000896494) (Filer)

6-K - MAGAL SECURITY SYSTEMS LTD (0000896494) (Filer)

6-K - MAGAL SECURITY SYSTEMS LTD (0000896494) (Filer)