S&P 500 Index: Time to sell the SPY ETF in May and go away?
The S&P 500 index and its ETFs like SPY and VOO have bounced back in the past few weeks as investors buy the dip and bet that the worst is now behind us. After crashing to a low of $480
DXY Index: Chart shows the US Dollar Index crash is not over yet
The US Dollar Index (DXY) bounced back and retested the crucial resistance level at $100 after a series of economic data and hopes of a trade deal between the United States and China rose. The index will be in focus
Top reasons the Dow Jones is rising, and next price to watch
The Dow Jones Industrial Average Index has bounced back in the past few months as investors buy the dip and predict that the worst is behind us for now. The index, which tracks diverse companies in the US, has jumped
Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock
Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday. Bezos, who stepped down as CEO in 2021 but remains Amazon’s top shareholder, is selling the shares as part
Netflix stock is trading at all-time high levels in unprecedented win streak
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Its previous record was a nine-day stretch in late 2018 and early 2019 when the stock traded up
Apple (AAPL) shares drop after company flags $900 million tariff hit
Apple shares slid nearly 3% on Friday after the company trimmed its stock buyback program by $10 billion, and warned of an estimated $900 million in additional costs for the current quarter due to trade tariffs imposed under US President
Movement Labs’s MOVE token tumbles 73% as Coinbase delisting follows $38M sell-off
Coinbase’s decision to delist the MOVE token on May 15 has intensified concerns around Movement Labs, the company behind the token. The delisting follows a wave of controversy stemming from a $38 million USDT sell-off linked to a terminated market
Dow jumps 384 points as jobs data lifts Wall Street; S&P 500 eyes longest winning streak since 2004
US stocks surged on Friday after a stronger-than-expected April jobs report eased recession concerns and bolstered confidence in the economy. The Dow Jones Industrial Average gained 384 points, or 0.9%, while the S&P 500 climbed 0.9%, extending its rally and
Reddit is attracting ad dollars: will RDDT shares rally further in 2025?
Reddit Inc. (NASDAQ: RDDT) is strongly positioned to extend its gains further over the next few weeks, according to JPMorgan senior analyst Doug Anmuth.Reddit shares have already rallied some 40% since early April, but an upbeat quarterly release the forum
Bezos to sell up to $4.75B in Amazon stock: here’s what investors need to know
Jeff Bezos, the founder and former chief executive of Amazon, has disclosed plans to sell up to $4.75 billion worth of shares in the e-commerce giant over the next 12 months, according to regulatory filings released Friday.The planned sale of
GBP/USD forecast: forms a giant cup and handle pattern
The GBP/USD exchange rate has formed a giant cup-and-handle pattern that could trigger more gains ahead of the upcoming Bank of England (BoE) and US nonfarm payrolls (NFP) data. It was trading at 1.3300, a few points below the year-to-date
JEPI vs JEPQ: Which is a better covered call ETF to buy?
The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and the JPMorgan Equity Premium Income ETF (JEPI) have accumulated assets because of their high dividends. JEPI has over $38.9 billion in assets, while JEPQ’s assets have soared to over $24 billion.
S&P 500 Index: Time to sell the SPY ETF in May and go away?
The S&P 500 index and its ETFs like SPY and VOO have bounced back in the past few weeks as investors buy the dip and bet that the worst is now behind us. After crashing to a low of $480
Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China
Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and rise to the challenge, rather than tell tall tales that large, heavy, and sensitive electronics are somehow smuggled in
Data center boom in world’s largest market isn’t slowing down, Dominion Energy says
Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity in Loudoun County, nicknamed “Data Center Alley” because it hosts the largest cluster of data centers in the world.
Tesla denies report it’s looking to replace Elon Musk
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk. The report, citing comments from sources familiar with the discussions, said that
Top 3 reasons to sell Roblox stock on post-earnings strength
Roblox Corp (NYSE: RBLX) says continued demand for the user-generated video games on its online platform helped it top estimates in its first financial quarter.Plus, the company raised its guidance for annual bookings this morning, indicating users are choosing to
US stocks rally as Meta and Microsoft earnings revive AI optimism despite economic jitters
Wall Street bounced back on Thursday, powered by robust earnings from tech giants Meta and Microsoft that helped reignite investor confidence in the artificial intelligence (AI) boom, even as fresh economic data signaled persistent headwinds. The upbeat quarterly results provided