The REX Drone ETF (NASDAQ:DRNZ) is down 4% to $21.58 in Monday trading, while the Invesco QQQ Trust (NASDAQ:QQQ) is off just 0.7% to $708.26. That gap frames Monday’s session for the drone complex cleanly. Drone stocks are falling several times harder than the broad technology tape,
Federal Reserve officials indicated interest rates would likely need to rise unless inflation improves, though they acknowledged the outlook for consumer prices remains “highly uncertain,” according to minutes from the central bank’s July meeting released Wednesday.
Three central bank officials voted in favor of raising interest rates last month.
» Read more about: Fed Minutes Signal Interest Rate Hikes Unless Inflation Improves »
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I am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.
» Read more about: PDD Holdings: 50%+ Of Market Cap Is Cash »
When you open a mutual fund scheme on an investment app, you will often come across an important choice: Direct Plan or Regular Plan?
At first glance, both options may appear identical. The fund manager, investment strategy and portfolio of stocks, bonds or other assets are generally the same.
» Read more about: Direct vs regular mutual funds: Why the same scheme can give different returns »
United States President Donald Trump has threatened to slap fresh double tariffs on Canadian vehicles beginning in 2027, as the neighbouring countries spiral towards an escalating trade war.
Trump made this disclosure in a post on his Truth Social on Monday.
“On January First, 2027, Tariffs on all cars,
» Read more about: Trade War: Trump threatens to impose fresh tariffs on Canada »
Nvidia plans to hike prices for some of its largest customers,
» Read more about: Nvidia exploring price hikes for some of its largest customers: Report »
Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance.
Chip stocks are leading a narrow de-risking Monday morning, with the iShares Semiconductor ETF (NASDAQ:SOXX) down 4% to $501.17 while the iShares U.S. Technology ETF (NYSEARCA:IYW) is down 2% to $243.24. Semis are selling roughly twice as hard as broad technology,
