Trump Creates a ‘Strategic Bitcoin Reserve’
From the The Morning Dispatch on The Dispatch
Happy Monday! Ahead of the time change this weekend, President Donald Trump described the debate over whether to adopt permanent daylight saving time as a “50-50 issue.” We’re not one for sweeping executive actions, but,
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Read MorePresident Trump's Trade War Is Here: Here's How Investors Can Benefit
Tariff concerns have already unwound the S&P 500’s post-election gains.
Well, that didn’t take long.
In just a matter of weeks, President Donald Trump’s tariff threats have gone from what many believed to be just saber-rattling to a full-blown trade war with the United States’ closest trading partners: Canada, Mexico,
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Read MoreNvidia, Tesla stocks slip as 'Magnificent 7' names lead markets lower
The “Magnificent Seven” stocks were at the center of another sell-off set to hit markets early Monday.
Shares of Nvidia (NVDA), Tesla (TSLA), Alphabet (GOOG, GOOGL), Amazon (AMZN), and Meta (META) were all down more than 2% before the market open on Monday.
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Read MoreRisk-Loving Koreans Lose Big on Leveraged ETFs Amid Stock Swoon
A sudden swoon in US tech stocks is dealing a blow to South Korea’s mom-and-pop investors who have placed billions of dollars of leveraged bets on the cohort.
The country’s retail investors held at least 11% of two exchange-traded funds that place amplified wagers on the Nasdaq 100 Index — bets that may go awry as the US tech benchmark nears a correction.
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Read MoreUS Stock Market Today: Dow Jones crashes over 650 pts, Nasdaq below 17,350—Adobe slumps below $380; Amazon, Apple drop 2%
US Stock Market Close (March 13), Dow Jones, S&P 500, Nasdaq: An across-the-board sell-off pulled the main Wall Street benchmarks—the Dow Jones Industrial Average (DJIA), the S&P 500 and the Nasdaq Composite—lower on Thursday, with consumer discretionary, communication services, realty and tech stocks being the worst hit. Growing concerns about US President Donald Trump’s aggressive stance and action on the trade front,
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Market Commentary: 1 Wildly Undervalued Growth Stock
In 2019, Etsy share price hovered around the $50-60 range. Then the pandemic came in full force and Etsy got swept up with “lockdown era” stocks like Zoom. In a virtual heartbeat, Etsy was trading up at $294 per share by November, 2021.
Read MoreThe Ivy
1 Social Media Stock To Avoid In 2024
When a stock has soared 63% for the year it’s a risky proposition to step in the way of the momentum freight train and short it, but sometimes the highest flying stocks create setups for the biggest crashes. One social media stock that went on a huge run this year falls squarely into that category.
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