Crypto conglomerate Ripple has raised $500 million at a $40 billion valuation, led by funds tied to Fortress Investment Group,
Meta Platforms stock has surged 1,570% since its 2012 IPO, which makes the company a stock-split candidate.
NEW YORK :This week’s wobble in shares connected to artificial intelligence is a stark reminder that the U.S. stock market is ever more reliant on the technology sector to drive it higher.
The S&P 500 and Nasdaq Composite on Tuesday suffered their biggest one-day drops in nearly a month, weighed down by a sharp tech decline.
» Read more about: Analysis:AI stock wobble points to US market reliance on tech »
Wells Fargo Investment Institute is betting on the “nuclear option” to help power the U.S. economy, a stance that echoes recent bullishness from Cathie Wood‘s Ark Invest.
In new market commentary,
Finance Minister Nirmala Sitharaman on November 6 said the government is “not here to shut the door on futures and options trading”. “Government is here to remove the roadblocks and work on them,” …
» Read more about: Govt is not here to shut the door on F&O trading: FM Sitharaman »
Options trading lets investors speculate on or manage risk in the financial markets by buying and selling contracts that give them the right, but not the obligation, to trade an asset at a set price …
» Read more about: What to Know Before You Try Options Trading »
Sitharaman’s comments come at a time when speculations are rife over the fate of F&O trading in India. Securities and Exchange Board of India chairperson Tuhin Kanta Pandey, however, clarified last …
» Read more about: F&O Trading: Govt Not Here To Shut The Doors, Says FM Sitharaman »
Shares of asset manager Invesco (IVZ) have been volatile during the second half of 2025, rising and falling on news about one of its largest and most well-known funds, the Invesco QQQ Trust (QQQ).
An October 24 shareholder vote to approve the conversion of QQQ from its legacy unit investment trust (UIT) structure into a more modern exchange-traded fund (ETF) governed under the Investment Company Act of 1940 has been adjourned until December because management has not secured the required number of votes.
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» Read more about: UK interest rates: Bank of England set for close vote on interest rates »