Why Cathie Wood is doubling down on this $18 stock
Cathie Wood’s ARK Innovation ETF has bought back into SoFi Technologies (NASDAQ: SOFI) just as the beaten-down fintech stock is trying to recover from a difficult first half of the year.ARKK…
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This $700 stock ‘lost’ 75% overnight, but here’s why Wall Street isn’t panicking
CrowdStrike stock (NASDAQ: CRWD) looked like it had fallen off a cliff on Thursday, with the stock moving from roughly $773 at Wednesday’s close to about $193 on split-adjusted screens.The…
Summer rally pattern: 4 stocks with historical edge in early July
July has a strong track record for US equities, and investors are entering the month with four familiar names back in focus.The S&P 500 has historically posted its best average…
Digital Realty stock drops 4%, but here’s why market may be wrong
Digital Realty stock (NYSE: DLR) fell about 5% in premarket trading on Tuesday after the data-centre landlord announced a $3.5 billion deal to buy out Blackstone’s interests in three Northern…
Micron stock: is Korea’s $518B chip blitz a warning for MU investors?
Micron stock (NASDAQ: MU) is back in focus after South Korea unveiled a massive semiconductor expansion led by Samsung Electronics and SK Hynix.For now, the plan is less a direct…
Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising…
Why China’s top money managers believe the AI bubble is about to pop
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade.After an explosive run-up in semiconductor…
Kospi suffers worst week since March: Why has the index turned so volatile?
South Korean stocks ended their worst week in more than three months on Friday, capping a turbulent stretch that has also prompted comparisons between the country’s benchmark equity index and…
Micron rescues AI trade as blockbuster earnings spark global chip rally
A blockbuster earnings report from Micron Technology (NASDAQ: MU) breathed fresh life into the artificial intelligence trade on Thursday, sending semiconductor stocks surging globally and temporarily easing investor concerns over…
Wall Street futures mixed today: 5 things to know before the market opens
US stock futures found a tentative bid on Wednesday, but the rebound looked more like a pause than a reset.After two sessions of selling, investors moved back into parts of…