Cathie Wood Continues Tesla Sell-Off Streak: Ark Dumps $8.4M Worth of EV Maker’s Stock Despite AI Bullishness
On Tuesday, Cathie Wood-led Ark Invest continued its selling spree of Tesla Inc (NASDAQ:TSLA) shares for the second…
Telecom Stocks Under Pressure As Toxic Lead Cable Concerns Discourage Buyers: 5 ETFs To Watch
The U.S. telecommunications industry is experiencing a volatile period following a detailed investigation conducted by the Wall Street…
ETF Managers Group CEO Samuel Masucci Steps Down Amid SEC Probe And Alleged Conflicts Of Interest
ETF Managers Group founder and CEO Samuel Masucci resigned from his role as chief executive and other related positions as part of a settlement with the Securities and Exchange Commission (SEC), which notified him of its decision to bring a civil action stemming from a probe into the company’s cannabis exchange-traded fund.
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Economists Debate Retail Sales Report While Traders Maintain Confidence In Upcoming Fed Hike
The June Retail Sales Report has sparked varying interpretations among economists, resulting in divided opinions on different aspects…
Tom Lee Predicts Historic Rally To ‘Well Above’ All-Time Highs: Why The S&P 500 Could Hit 5,000 In 5 Months
Fundstrat's Tom Lee is known for his bullish calls. He made another one this week in a big way.
Retail Sales Growth Eases In June, But Still Signals Healthy Demand Conditions
Consumer spending remained resilient in June, but advanced at a lower-than-expected pace, suggesting healthy demand conditions in the…
A Stock Market Volatility Play Ahead Of Fed’s Next Interest Rate Decision: This Fund Offers 1.5X Leverage
Convexity Daily 1.5x SPIKES Futures ETF (NYSE: SPXY) was trading about 1.5% lower on Monday bouncing up slightly from near the $5 level, which acted as support over the last three trading sessions, holding the ETF up from continuing in a downtrend pattern.
Why Sunrun Shares Are Soaring On Monday
Sunrun Inc (NASDAQ: RUN) shares soared higher Monday, trading up more than 10% following a price target increase from Morgan Stanley. Morgan analyst Stephen Byrd maintained an ‘overweight’ rating on the clean-energy company and raised its price target to $39 from $30.
Bank of America, Morgan Stanley, Charles Schwab Report Tuesday: Earnings Season Heats Up
Bank of America (NYSE:SCHW) are expected to announce second-quarter financial results Tuesday. This follows the recent earnings reports…
Cathie Wood’s ARK Losing Its Shine? Flagship Fund Sees $717M Exodus From Investors In A Year
Investors have reportedly been pulling money out of Cathie Wood's flagship exchange-traded fund despite its rally of over 50% this year.