Top Stories Archives - Page 1353 of 1424

4 minute read

Sell Rosh Hashanah, Buy Yom Kippur? Revisiting The Market Adage In Turbulent 2022

September 24, 12:23 PM

One old market adage that is commonly mentioned just ahead of the Jewish holidays is "Sell Rosh Hashanah, Buy Yom Kippur." With the holidays commencing Sunday at sundown, it is time for this year's investment interpretation of the adage from the perspective of this investor.

3 minute read

Tesla’s AI Day Round The Corner, Ford Shuffles Around Team With Eye On EV Leadership, GM Says Hummer All-Electric Reservations Fully Booked: Week’s Biggest EV Stories

By Shanthi Rexaline

September 24, 8:32 AM

Electric vehicle stocks fell across the board in the week ending Sept. 23, dragged by the Fed-induced sell-off in the market. Stung by worries concerning a potential recession and the impact of a rising rate environment, most clocked double-digit losses. Now, here are the key events that happened in the EV space during the week:

2 minute read

Looking For An Entry To Trade Semiconductors Bearish? This ETF Offers 3X Leverage

By Melanie Schaffer

September 23, 6:19 PM

The Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) was flying higher during Friday's session after gapping up to start Thursday’s trading day and rallying 6.37% off the open.

AMD

2 minute read

Elon Musk Says ‘Activating Starlink’ In Iran After US Eases Curbs On Internet Services To The Country

By Shanthi Rexaline

September 23, 4:20 PM

Iranians could soon regain access to the internet, which was blacked out by the government following the recent widespread protests in the country over the death of a woman held in police custody for violating a dress code.

GOOG

2 minute read

Dogecoin Leads Bitcoin, Ethereum Into The Weekend: What’s Going To Happen Next?

By Melanie Schaffer

September 23, 4:11 PM

Dogecoin (CRYPTO: DOGE) was showing comparative strength to much of the crypto sector during Friday’s 24-hour trading session.

$DOGE

2 minute read

S&P 500 Circles New 2022 Lows Following Latest Fed Rate Hike: Is A Recession Inevitable?

By Wayne Duggan

September 23, 2:47 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) suffered more heavy losses this week in response to another aggressive Federal Reserve interest rate hike

ACB

9 minute read

Interview: How Cosmos Is Building An Interchain Future

By Justin Roberti

September 23, 8:41 AM

The Layer 1 DeFi leader is Ethereum (CRYPTO: ETH), but the second largest might surprise you if you aren't in the know.

ATOM

1 minute read

Twitter Wants To Know If Elon Musk, Whistleblower ‘Mudge’ Had Previous Links As Court Trial Draws Closer

By Shanthi Rexaline

September 23, 6:08 AM

Delaware Chancery Court Judge Kathaleen McCormick, who is overseeing the lawsuit between Twitter, Inc. (NYSE: TWTR) and Tesla, Inc.

TSLA

2 minute read

Alibaba, XPeng Fall Over 1%: Hang Seng Opens Weaker As Investors Continue To Gauge Impact Of US Fed Rate Projections

By Bhavik Nair

September 22, 10:49 PM

Hong Kong stocks opened in the red on Friday, with shares of Alibaba and XPeng falling over 1% each as investors continued to gauge the U.S. Federal Reserve’s rate projections for tackling inflation. The Hang Seng Index fell 0.34% at the open and continues to trade near its 2011 lows.

BABA

3 minute read

Bitcoin, Ethereum, Dogecoin Rise Despite Hawkish Fed: Analyst Says Wait For ‘The Bigger Drop’ Will Be Longer

By Shivdeep Dhaliwal

September 22, 9:16 PM

Bitcoin and Ethereum traded in the green Thursday evening, as the global cryptocurrency market cap rose 4.9% to $943.7 billion at 8:19 p.m. EDT.

$DOGE