ETFs Archives - Page 8 of 221

2 minute read

Stocks Pause As Traders Await Jobs Data, Nvidia Falls On Antitrust Investigation, Crude Rises To $75: What’s Driving Markets Thursday?

June 6, 2:08 PM

Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May jobs report, set for release Friday.

BTC

2 minute read

Ethereum Could Soar To $22K By 2030, Predicts VanEck — Investment Giant Says Spot ETFs ‘Nearing Approval To Trade’

By Aniket Verma

June 6, 12:33 AM

Analysts from the investment management firm VanEck have updated their Ethereum (CRYPTO: ETH) price prediction for 2030, setting a new target of $22,000.

BTC

2 minute read

S&P 500, Nasdaq 100 Jointly Hit All-Time Highs, Nvidia Overtakes Apple As Second Most Valuable US Company

By Piero Cingari

June 5, 4:18 PM

The S&P 500 and Nasdaq 100 indices closed at record highs due to investor confidence in AI-driven tech sector growth. Magnificent Seven worth $15T.

AAPL

2 minute read

Tensions Escalate At The Israel-Lebanon Border, Gaza Cease-Fire Efforts Struggle, US Congress Votes On Sanctions Against International Criminal Court

By Piero Cingari

June 5, 3:44 PM

Drone attack by Hezbollah wounds 10 in Israel, raising tensions for counterattack. Gaza conflict intensifies as ceasefire efforts fail.

EIS

2 minute read

Psychedelic Stocks Trip Up After FDA Advisors Reject MDMA For PTSD Treatment

By Aaron Bry

June 5, 3:26 PM

FDA panel rejects MDMA therapy for PTSD, citing lack of evidence for benefits outweighing risks. Psychedelic stocks take a hit, with CYBN, MNMD, and ATAI down. FDA not bound by decision.

ATAI

3 minute read

Ray Dalio Warns Of US-China Economic Sanctions, Stresses Diversification

By Surbhi Jain

June 5, 3:14 PM

Dalio warns of escalating US-China tensions and importance of diversification amid global risks. Economic and political upheaval possible.

GLD

2 minute read

Nasdaq 100 Reaches Record Highs, Service Sector Strength Alleviates Economic Slowdown Concerns, Magnificent 7 Hits $15 Trillion Valuation: What’s Driving Markets Wednesday?

By Piero Cingari

June 5, 1:43 PM

Wall Street rallied Wednesday as the services activity gauge indicated a stronger-than-expected expansion in May, pushing back fears of an economic slowdown which surfaced in recent days.

AMC

2 minute read

Mark Zuckerberg’s Meta Withheld Key Details In Instagram And WhatsApp Acquisitions, FTC Claims

By Shivani Kumaresan

June 5, 12:41 PM

Meta Platforms Inc (NASDAQ ) is accused of withholding critical information during the reviews of its Instagram and WhatsApp acquisitions, according to a recent FTC court filing. The FTC claims Meta's actions have monopolized the social networking market.

Bank Of Canada Cuts Rates By 0.25% As Policy ‘No Longer Needs To Be Restrictive’: Canadian Stocks Rally, Loonie Drops

By Piero Cingari

June 5, 10:31 AM

Bank of Canada lowers interest rates by 25 basis points in response to easing inflation, with Canadian stocks and dollar reacting accordingly.

EWC

2 minute read

Services Sector Activity Strongly Expands In May: ‘Notable Higher Business Activity, Faster New Orders Growth’

By Piero Cingari

June 5, 10:30 AM

The U.S. service sector sentiment expanded in May, reversing April's decline. The ISM reported strong growth in business activity and new orders. Employment is still a challenge. Stocks hold gains but bond yields rise.

DIA