Oil soars above $111 as stocks plummet on Iran strike news, AI spending concerns
Stock Market Today: Major Indexes Tumble, Led Lower by Tech Stocks; Oil Prices Surge on Middle East Escalations
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Major U.S. stock indexes dropped in early trading Thursday, another busy earnings day, with tech stocks leading declines. Meanwhile, crude prices jumped on reports that the U.S.
Read MoreWebull to Extend Trading Hours for Single-Stock, ETF Options
The extended options trading hours come as exchanges make a similar push in the stock market. Starting Dec. 6, the NYSE and Nasdaq are both set to extend their trading hours for stocks and ETFs to 23 …
» Read more about: Webull to Extend Trading Hours for Single-Stock, ETF Options »
Read MoreAnthropic IPO, MANGOS ETFs and the Future of the AI Trade
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(1:15) – Can We Expect The AI Rally To Continue?
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(5:30) – What Should Investors Know About Anthropic Heading Into The IPO?
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(9:45) – Leverage Shares MANGOS ETF: MGOL
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(14:00) – What Risks Come With Perpetual Futures?
» Read more about: Anthropic IPO, MANGOS ETFs and the Future of the AI Trade »
Read MoreInvestors: Oct. 28 Will Be an Important Day for the Stock Market. Here's Why.
Key Points
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The Federal Reserve is expected to keep interest rates steady at its meeting this week.
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Inflation was high in September, increasing the chance that interest rates will be hiked.
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An unexpected interest rate rise could impact the market negatively.
The Burst
1 Popular Stock To Flee Immediately
Airbnb has been on a tear since 2020 when it reported losses of $3 billion in a single quarter. Lockdowns sparked concerns that the company would not survive a world without travel but soon hope emerged that life would return to normal and the financials soon followed.
A full U-turn followed with the company growing the top and bottom lines at a rapid pace.
» Read more about: 1 Popular Stock To Flee Immediately »
Read MoreThe Ivy
Forget NVIDIA, Buy This AI Stock?
Oh sure, NVIDIA may get the headlines but perhaps an under-the-radar AI play is where your attention should be flowing.
ASML (NASDAQ:ASML) is the only company in the world that produces extreme ultraviolet lithography machines, a critical technology for the most advanced semiconductor manufacturing.
For TSMC, who is crucial in the semiconductor supply chain,
» Read more about: Forget NVIDIA, Buy This AI Stock? »
Read MoreThe Spotlight
SoFi: The Trojan Horse of Banking?
This is the remarkable story of how SoFi, a firm that began as a student lender, has become the trojan horse of the banking industry.
The story begins with the stats. In the United States, 43.4 million people have outstanding federal student loans, which equates to nearly 20 percent of the nation’s adult population.