Record Revenue for Royalty Companies
Franco-Nevada reported record revenue for the quarter, up 42% year-over-year. Wheaton also generated record revenue and operating cash flow.
Growing Global Reach
U.S. Global ETFs, particularly JETS and GOAU, are now listed on the Mexican Stock Exchange and are gaining more trading volume in Bogota, Peru, and Chile.
AI and Military Super Cycle
A significant increase in military spending and AI development is noted, with a super cycle driven by AI, data centers, and NVIDIA chips.
Increase in Share Buyback
Buyback authorizations increased by 19% year-to-date, reflecting a strategic move to enhance shareholder value.