A global rout in tech stocks led to the S&P 500 falling 1.4% and the Nasdaq Composite tumbling 2.2% on Tuesday. Micron Technology suffered a 13% slide.
Alphabet added to Dow Jones Industrial Average, replacing Verizon
Alphabet will replace Verizon in the Dow Jones Industrial Average.
Micron leads the big tech sell-off. What the charts show about the next big catalyst
We can gain valuable insight when we look at longer-term trends that help us rise above the inevitable near-term noise in this secular AI-driven bull market.
SpaceX shares are in turbulent times, but this ETF aims to generate income for investors
The Kurv SpaceX Enhanced Income ETF (XSHP) began trading last Wednesday, making it the first covered-call ETF playing on the SpaceX theme.
Mamdani-backed candidates are likely to win in NYC primaries, prediction market traders expect
Voters are heading to the polls in New York, with four competitive races in Democratic congressional primaries in focus.
Meta is building a prediction markets app. These stocks are falling in response
The report said that CEO Mark Zuckerberg directed staff to develop a prediction markets platform, internally known as “Arena.”
SpaceX seeing some interest from short sellers, but many still afraid to bet against Musk
About 40 million SpaceX shares are sold short, roughly 5% to 7% of the shares that are publicly available to trade, according to an estimate by S3 Partners.
SpaceX could remain under pressure as more insiders gain permission to sell. Here are the key dates
Investors can expect a significant wave of supply to hit the market that will likely drive the price down, with each new lockup expiration period.
Want to diversify a bit away from the AI theme? Try Evercore ISI’s ‘negative beta’ stocks
Evercore ISI’s ‘negative beta’ stocks, including Exxon Mobil and Mondelez International, offer a way to hedge against a potential AI bubble burst.
Traders are loving this cheap way to make big bets against chip stocks
Just a day after making new all-time records, the semiconductor sector is down almost 7% and traders are finding a cheap way to bet on a bigger pivot.