Alarming April Inflation Data This Week Could Make Investors Rethink Fed Pause In June
When the Consumer Price Index inflation report for April is released ahead of the open Wednesday, it will likely set the tone for the market.
Cathie Wood Continues Selling Shopify, Buys $10.3M Worth Of Stock In This Fintech Company
Cathie Wood’s Ark Invest made a couple of high-value transactions on Friday amid a strong market rebound. Shopify…
Bullish On Gold Miners Amid Economic Fears? This ETF Offers 2X Leverage
Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) gapped down almost 6% lower on Friday, when the ETF ran into a group of buyers who knocked it down more than 4% from the open.
Interest Rates Are Tight Enough, Recession Talk Is Exaggerated And Regional Bank Crisis Manageable: Fed’s Bullard
Speaking to the Economic Club of Minneapolis on Friday, St. Louis Fed President James Bullard noted that the present level of interest rates is in the "sufficiently restrictive" territory according to the committee.
What’s Going On With PacWest Shares Today?
Shares of PacWest Bancorp (NASDAQ: PACW) are trading higher amid a rebound after the stock fell over 50% after the bank this week issued an update confirming reports it was
What’s Going On With ProShares UltraPro Short QQQ ETF Today
ProShares UltraPro Short QQQ (NASDAQ: SQQQ) is trading lower today as investors dump the U.S. treasury bills for higher-risk, higher-reward investments following a surge in treasury yields.
Labor Market Stays Tight: April Jobs Report Reveals Growth In Nonfarm Payrolls, Wages
The April U.S. jobs report showed a 253,000 rise in nonfarm payrolls, up from 236,000 the previous month and far above the market consensus estimate of 180,000, the Bureau of Labor Statistics reported Friday.
Cathie Wood Cashes Out Nearly $4M In Shopify As Stock Pops 24% On Upbeat Q1
Cathie Wood-led Ark Investment Management, which holds Shopify, Inc. (NASDAQ:SHOP) shares in three of its exchange-traded funds, sold nearly $4 million of…