Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading marginally higher by 1.57% to $80.05 Monday morning, rebounding following recent weakness.
Roblox Corp (NYSE: RBLX) shares are trading higher by 5.11% to $37.36 Monday morning after Walmart Inc (NYSE: WMT) announced the launch of two experiences on Roblox.
What Else?
Palantir Technologies Inc (NYSE: PLTR) shares are trading higher by 4.66% to $7.74 Monday morning after the company announced the Department of Homeland Security renewed its contract to support Homeland Security Investigations (HSI) with Investigative Case Management software.
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Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are trading lower by 3.96% to $18,630 and 3.29% to $1,283 Friday afternoon. Cryptocurrencies at large are falling in sympathy with U.S.
Apple Inc (NASDAQ: AAPL) shares are trading lower by 2.56% to $148.83 during Friday's session. Apple shares are trading lower amid raised fears of an economic slowdown as investors continue to assess Wednesday's Fed commentary and 75 bps rate hike.
What Happened?
ProShares UltraPro Short QQQ ETF (NASDAQ: SQQQ) shares are trading sharply higher by some 22.95% to $57.91 since Wednesday afternoon. SQQQ is a popular, 3x-leveraged inverse ETF that tracks the Nasdaq-100.