Magnificent 7 Hits 31% Weighting for S&P 500, Top 5 Holdings Hit 27% Weighting: Will Investors Look Elsewhere?
The Magnificent 7 stocks make up 31% of the S&P 500, which is the highest weighting realized in years.
Wall Street Moves From T+2 To T+1 Settlement: How It Could Affect Investments, Trading, Tax Decisions
T+1 settlement system shortens transaction cycle, reducing risk and increasing efficiency. Charles Schwab shares insights on its impact and challenges.
How To Trade US Elections: ‘A Trump Victory Is Likely To Lead To A Stronger Dollar’
US election in November 2024 is expected to be a major risk event for asset markets in 2024. Goldman Sachs outlines potential impacts based on election outcomes.
BlackRock’s Bitcoin ETF Dominates Market with Nearly $20B in Assets: Report
BlackRock Inc’s (NYSE:BLK) iShares Bitcoin Trust (NASDAQ:IBIT) has become the most significant Bitcoin fund globally, amassing nearly $20 billion in assets since its U.S. listing earlier this year.
Chip Stocks On The Rise: Nvidia, Micron, Qualcomm Propel SMH And SOXX ETFs To New 52-Week Highs
Semiconductor industry surges as top players like Nvidia, Micron, and Qualcomm hit new highs. Their performance also boosts ETFs like SMH and SOXX.
Cathie Wood’s Ark Invest Scoops Up Shares Of AMD And Palantir — Dumps Moderna Stock Worth $4.4M
On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Advanced Micro Devices Inc (NASDAQ:MRNA). These trades reflect…
WTI Crude Hits $80, Notches Best Day In Over 2 Months: ‘Peak Oil Demand Still A Decade Away’
Oil prices surge on anticipation of increased demand and ongoing supply constraints. Goldman Sachs projects continued demand growth until 2034.
US Stocks Waver, Nvidia Lifts Chipmaker Boats, GameStop Spikes, Moderna Tumbles: What’s Driving Markets Tuesday?
Wall Street resumed trading after the Memorial Day holiday with a familiar trend, as major chipmaker stocks significantly outperformed the broader market.
Airbnb, Norwegian Cruise See Analyst Upgrades: Are Travel And Leisure Stocks The New Value Heaven?
Value investors are turning to the travel and leisure industry for potential growth and discounted valuations, as travel stocks catch up to the broader market.
US Home Prices Hit All-Time Highs, Fastest Growth Rate In A Year: ‘We’ve Witnessed Records Repeatedly Break’
US home prices reached a new peak in March 2024, with a 7.4% annual growth rate - the highest since October 2022.