This article was written by Follow I am an avid investor and trader who has worked in law, politics, and business. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article … Read more
WallStreetBets (WSB) burst onto the investing scene in early 2021 as retail investors banded together to take on institutional players. The popular trading subreddit led a short squeeze against hedge funds with large short positions in GameStop NYSE: GME. GameStop shares soared due to the collective buying by WSB participants and the short covering that … Read more
U.S. stocks closed higher on Tuesday, with the Nasdaq Composite climbing 0.9% to 17,449.89. The S&P 500 added nearly 0.4%, finishing at 5,633.07, while the Dow edged down 0.03% to 41,989.96. Market optimism was supported by a 0.7% rise in U.S. construction spending for February. Even so, uncertainty persists as President Donald Trump’s “Liberation Day” … Read more
Currently, just eight vaunted stocks boast market capitalizations of over $1 trillion. This includes six of the Magnificent Seven stocks, as well as Warren Buffett’s Berkshire Hathaway NYSE: BRK.A. The only non-U.S. stock among these eight is the Saudi Arabian Oil Company, also known as Saudi Aramco. Although technically publicly traded, in practice, the vast majority … Read more
The U.S. stock market had a mixed session on Tuesday. The Nasdaq Composite climbed nearly 80 points, or 0.5%, closing at 18,271.86, while the Dow remained largely flat at 42,587.50. The S&P 500 edged up 0.2% to finish at 5,776.65. Amidst these fluctuations, certain stocks grabbed the attention of retail traders and investors throughout the … Read more
Charts indicate a strong correlation between Tesla (TSLA) stock and Dogecoin (DOGE) in 2025. Both assets, linked to Elon Musk, experienced a decline until mid-March. However, yesterday saw a price surge:→ TSLA shares jumped by approximately 12% (marked in orange).→ DOGE/USD rose by over 6% (marked in blue). Why Did Tesla (TSLA) Stock Rise? Tesla’s … Read more
A Singapore-regulated cryptocurrency exchange, DigiFT, has announced it will launch what it says is the first index fund in which the shares and underlying stocks are tokenized and traded on-chain. The platform, licensed by Singapore’s Monetary Authority, is partnering with investment firm Hash Global to debut two index funds: one tracking top artificial intelligence (AI) … Read more
While bitcoin (BTC) proponents commonly view the largest cryptocurrency as a digital version of gold, a new report from global bank Standard Chartered argued investors should see it more like a tech stock with some extra benefits. Led by Geoff Kendrick, the StanChart team said bitcoin’s correlation with the Nasdaq has “almost always” been stronger … Read more
As the chart shows, Tesla (TSLA) shares opened yesterday’s trading session with a bearish gap and closed more than 5% lower than the previous day’s close. Meanwhile, the S&P 500 index (US SPX 500 mini on FXOpen) also declined, but by only around 1%. Why Tesla (TSLA) Shares Fell The recent two-day decline may be … Read more
The stock market experienced a notable rise on Friday, with the S&P 500 gaining over 0.65% to 5,675.12 and the Nasdaq Composite climbing 0.3% to 17,808.66. Despite these gains, the indices recorded weekly losses, with the S&P 500 marking its fourth consecutive losing week. The Dow Jones also closed higher, adding around 354 points or 0.85% to 41,841.63. These are the … Read more