With the U.S. presidential election just a week away, Bitcoin, a cryptocurrency market leader, has recaptured the $70,000 mark for the first time in more than four months.
On the U.S. cryptocurrency exchange Coinbase, the price of each bitcoin rose 2.99% from 24 hours ago to $70,124, exceeding the $70,000 mark for the first time in more than four months since June 7.
» Read more about: Cryptocurrency Bitcoin Reclaims $70K In Four Months »
While mutual funds have long been a staple for retail investors, their modernized counterparts — exchange-traded funds (ETFs) — are becoming increasingly diverse and complex.
In 2024 alone, the investment world saw the launch of ETFs that hold spot cryptocurrencies like Bitcoin (BTC) and Ether (ETH). Moreover, issuers like Apollo Global Management Inc.
» Read more about: 7 Best Vanguard Funds for Beginner Investors »
Trump Media & Technology Group stock (DJT) extended its five-week surge on Monday, closing up more than 21% following Donald Trump’s highly criticized rally at Manhattan’s Madison Square Garden (MSG) over the weekend as investors bet on improved chances the former president wins the November election.
At current levels,
It seems as if the company will get a new leader quite soon.
The apparent end of a long-running corporate succession saga was the news driving Estée Lauder (EL 1.69%) stock into positive territory on Monday. The storied cosmetics company’s stock rose nearly 2% on media reports that its board of directors had selected a new CEO.
» Read more about: Why Estée Lauder Stock Topped the Market Today »
French and Moroccan flags on Monday flew throughout the capital, where crowds lined the streets to watch the motorcade containing Macron, his wife and members of Morocco’s royal family drive to one of their palaces.
Macron and Mohammed VI, who used a cane to walk, later oversaw a ceremonial signing of 22 agreements to facilitate future investments as well as cultural and scientific partnerships.
» Read more about: France and Morocco announce high speed rail investments as Macron visits Rabat »
Myer will transform from a department store to a $1 billion retailer owning the Just Jeans, Jay Jays and Dotti clothing brands after agreeing to merge with parts of billionaire Solomon Lew’s Premer Investments business.
The deal will hand Mr Lew about 30 per cent of the bigger Myer, and leave Premier Investments focused on growing its Peter Alexander sleepwear and Smiggle stationery brands,
» Read more about: Myer buys big brands from Solomon Lew’s Premier Investments »
A mutual fund is an investment vehicle that pools money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities (according to the fund’s stated strategy).
It allows individual investors to gain exposure to a professionally-managed portfolio and potentially benefit from economies of scale,
» Read more about: What are Mutual Funds and How to Invest in Them? »
Bullish option flow detected in SoundHound (SOUN) AI with 46,059 calls trading, 3x expected, and implied vol increasing over 5 points to 83.70%. 11/8 weekly 6.5 calls and 11/1 weekly 6 calls are the most active options, with total volume in those strikes near 18,600 contracts. The Put/Call Ratio is 0.08.
» Read more about: SoundHound AI call volume above normal and directionally bullish »
» Read more about: Why bullish Rex Ryan believes he should be considered to coach Jets again »