{"id":227794,"date":"2025-07-24T10:00:00","date_gmt":"2025-07-24T14:00:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=227794"},"modified":"2025-07-25T03:44:30","modified_gmt":"2025-07-25T07:44:30","slug":"dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/","title":{"rendered":"DOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50%"},"content":{"rendered":"\n

Dow Inc. reported a massive Q2 loss of $0.42 per share versus expectations of a $0.12 loss, prompting a 50% dividend cut.<\/p>\n\n\n\n

Dow Inc. (NYSE:DOW) shares plummeted 11.52% on Thursday after the chemical manufacturer reported<\/a> a devastating second quarter that saw losses far exceed Wall Street expectations.
The company posted an adjusted loss of 42 cents per share, more than triple the projected 12-cent loss, while revenue fell 7% year-over-year to $10.104 billion, missing estimates by $148 million.
In response to mounting financial pressures, Dow\u2019s board approved a dramatic 50% reduction in its quarterly dividend<\/a> to 35 cents per share, signaling the severity of challenges facing the chemical giant amid persistent macroeconomic headwinds and global trade disruptions.<\/p>\n\n\n\n

Disappointing Quarter Forces Drastic Dividend Cut for DOW<\/h2>\n\n\n\n

Dow\u2019s second quarter results painted a grim picture across all business segments, with the company posting a GAAP net loss of $801 million compared to operating EBIT swinging to a $21 million loss from $819 million profit in the same period last year.
Sales declined across all operating segments, with Packaging & Specialty Plastics revenue falling 9% to $5.03 billion, Industrial Intermediates & Infrastructure declining 6% to $2.78 billion, and Performance Materials & Coatings dropping 5% to $2.13 billion. The widespread deterioration reflects what CEO Jim Fitterling described as a \u201clower-for-longer earnings environment\u201d amplified by recent trade and tariff uncertainties.<\/p>\n\n\n\n

The company\u2019s decision to slash its quarterly dividend from 70 cents to 35 cents per share represents a significant blow to income-focused investors and underscores the severity of Dow\u2019s financial strain. Operating cash flow from continuing operations turned negative at $470 million, a staggering $1.3 billion decline from the prior year, driven by compressed margins and seasonal working capital needs.
This dramatic cash flow deterioration, combined with overall volume decreases of 1% year-over-year and local prices falling 7% from the same period last year, forced management\u2019s hand in preserving financial flexibility through the dividend reduction.<\/p>\n\n\n\n

The earnings miss of 146.25% beyond expectations highlights fundamental challenges in Dow\u2019s core markets, with persistent macroeconomic pressure and what Fitterling characterized as distorted competitive dynamics from low-cost exports from new market entrants.
The company\u2019s struggle is further evidenced by negative levered free cash flow of $583 million and a troubling debt-to-equity ratio of 103.62%, indicating significant balance sheet stress that necessitated the aggressive capital preservation measures including the dividend cut.<\/p>\n\n\n\n

DOW Shares Plunge After Disappointing Earnings<\/h2>\n\n\n\n

DOW shares were trading at $26.89 on Thursday at the time of writing, down $3.50 or 11.52% from the previous close of $30.37, with heavy trading volume of 8.367 million shares compared to the average volume of 10.778 million. The stock has been under severe pressure throughout 2025, with year-to-date returns of negative 30.00% significantly underperforming the S&P 500\u2019s positive 8.17% return<\/a>. The company\u2019s market capitalization has shrunk to approximately $19.021 billion, reflecting investor pessimism about the chemical sector\u2019s near-term prospects.<\/p>\n\n\n\n

The stock\u2019s technical metrics paint an increasingly bearish picture, with DOW trading at a trailing P\/E ratio<\/a> of 75.92 and a forward P\/E of 121.95, suggesting investors are paying premium valuations despite deteriorating fundamentals. The company\u2019s 52-week range of $25.06 to $55.67 shows the stock is now trading near its annual lows, having lost nearly half its value over the past year with a one-year return of negative 45.77%. These metrics contrast sharply with the S&P 500\u2019s one-year return of positive 17.23%, highlighting DOW\u2019s significant underperformance relative to broader market indices.<\/p>\n\n\n\n

Analyst sentiment remains cautious suggesting potential upside from current levels. However, the company\u2019s current financial performance, including a profit margin of just 0.69% and negative levered free cash flow, indicates significant operational challenges that may persist into the third quarter, with management forecasting Q3 net sales of approximately $10.2 billion versus consensus estimates of $10.599 billion.<\/p>\n\n\n\n

Disclaimer: The author does not hold or have a position in any securities discussed in the article.<\/em> All stock prices were quoted at the time of writing.<\/em><\/p>\n\n\n\n

—<\/p>\n\n\n\n

Originally Posted on July 24, 2025 – DOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50%<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Dow Inc. reported a massive Q2 loss of $0.42 per share versus expectations of a $0.12 loss, prompting a 50% dividend cut.<\/p>\n","protected":false},"author":501,"featured_media":223740,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,8,9,22,26,3],"tags":[],"contributors-categories":[13710],"class_list":{"0":"post-227794","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-north-america","8":"category-region","9":"category-securities","10":"category-stocks","11":"category-text-articles","12":"category-traders-insight","13":"contributors-categories-the-tokenist"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nDOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50%<\/title>\n<meta name=\"description\" content=\"Dow Inc. reported a massive Q2 loss of $0.42 per share versus expectations of a $0.12 loss, prompting a 50% dividend cut.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/227794\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50% | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Dow Inc. reported a massive Q2 loss of $0.42 per share versus expectations of a $0.12 loss, prompting a 50% dividend cut.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-24T14:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-25T07:44:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/global-trade-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tim Fries\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim Fries\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"NewsArticle\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Tim Fries\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/8aec5ebeb263dcb77586039ad857f7ae\"\n\t },\n\t \"headline\": \"DOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50%\",\n\t \"datePublished\": \"2025-07-24T14:00:00+00:00\",\n\t \"dateModified\": \"2025-07-25T07:44:30+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/\"\n\t },\n\t \"wordCount\": 659,\n\t \"commentCount\": 0,\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/05\\\/global-trade-featured-img.jpg\",\n\t \"articleSection\": [\n\t \"North America\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Stocks\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/\",\n\t \"name\": \"DOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50% | IBKR Campus US\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t },\n\t \"primaryImageOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/#primaryimage\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/05\\\/global-trade-featured-img.jpg\",\n\t \"datePublished\": \"2025-07-24T14:00:00+00:00\",\n\t \"dateModified\": \"2025-07-25T07:44:30+00:00\",\n\t \"description\": \"Dow Inc. reported a massive Q2 loss of $0.42 per share versus expectations of a $0.12 loss, prompting a 50% dividend cut.\",\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\\\/#primaryimage\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/05\\\/global-trade-featured-img.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/05\\\/global-trade-featured-img.jpg\",\n\t \"width\": 1000,\n\t \"height\": 563\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus US\",\n\t \"description\": \"Financial Education from Interactive Brokers\",\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Organization\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t \"name\": \"Interactive Brokers\",\n\t \"alternateName\": \"IBKR\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"logo\": {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"width\": 669,\n\t \"height\": 669,\n\t \"caption\": \"Interactive Brokers\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t },\n\t \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/8aec5ebeb263dcb77586039ad857f7ae\",\n\t \"name\": \"Tim Fries\",\n\t \"description\": \"Tim Fries is a managing director at Lakeview Capital, adviser to the founders and head of U.S. business development. He has a B.Sc. in Mechanical Engineering from the University of Michigan and an MBA from the University of Chicago Booth School of Business. Tim is also the co-founder of Protective Technologies Capital (protechcap.com) and Lakeview Capital, as well as the co-founder of the financial education site The Tokenist. Prior to founding Protective Technologies, Tim was a member of Baird Capital's global Industrial Solutions private equity team. He writes on topics related to wealth management, private capital market investing and trends in the convergence of finance and technology (i.e. FinTech).\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/tim-fries\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"DOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50%","description":"Dow Inc. reported a massive Q2 loss of $0.42 per share versus expectations of a $0.12 loss, prompting a 50% dividend cut.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/227794\/","og_locale":"en_US","og_type":"article","og_title":"DOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50% | IBKR Campus US","og_description":"Dow Inc. reported a massive Q2 loss of $0.42 per share versus expectations of a $0.12 loss, prompting a 50% dividend cut.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/","og_site_name":"IBKR Campus US","article_published_time":"2025-07-24T14:00:00+00:00","article_modified_time":"2025-07-25T07:44:30+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/global-trade-featured-img.jpg","type":"image\/jpeg"}],"author":"Tim Fries","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tim Fries","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/"},"author":{"name":"Tim Fries","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/8aec5ebeb263dcb77586039ad857f7ae"},"headline":"DOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50%","datePublished":"2025-07-24T14:00:00+00:00","dateModified":"2025-07-25T07:44:30+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/"},"wordCount":659,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/global-trade-featured-img.jpg","articleSection":["North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/","name":"DOW Earnings Disappoint, Stock Drops as Firm Cuts Dividend by 50% | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/global-trade-featured-img.jpg","datePublished":"2025-07-24T14:00:00+00:00","dateModified":"2025-07-25T07:44:30+00:00","description":"Dow Inc. reported a massive Q2 loss of $0.42 per share versus expectations of a $0.12 loss, prompting a 50% dividend cut.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/stocks\/dow-earnings-disappoint-stock-drops-as-firm-cuts-dividend-by-50\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/global-trade-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/global-trade-featured-img.jpg","width":1000,"height":563},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/8aec5ebeb263dcb77586039ad857f7ae","name":"Tim Fries","description":"Tim Fries is a managing director at Lakeview Capital, adviser to the founders and head of U.S. business development. He has a B.Sc. in Mechanical Engineering from the University of Michigan and an MBA from the University of Chicago Booth School of Business. Tim is also the co-founder of Protective Technologies Capital (protechcap.com) and Lakeview Capital, as well as the co-founder of the financial education site The Tokenist. Prior to founding Protective Technologies, Tim was a member of Baird Capital's global Industrial Solutions private equity team. He writes on topics related to wealth management, private capital market investing and trends in the convergence of finance and technology (i.e. FinTech).","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/tim-fries\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/global-trade-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/227794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/501"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=227794"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/227794\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/223740"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=227794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=227794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=227794"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=227794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}