How the SpaceX IPO Could Affect These Popular Nasdaq ETFs
Key Points
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The Invesco QQQ ETF is one of the big-name ETFs that could be affected by the SpaceX IPO.
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The same goes for another popular ETF that tracks the same index as QQQ.
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SpaceX is rumored to be leveraging a Nasdaq listing in exchange for fast inclusion in that index.
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Read More64% of Americans are Making a Fundamental Mistake on Social Security
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(Brian A Jackson / Shutterstock.com)
Quick Read
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64% of Americans incorrectly believe Social Security benefits will disappear entirely if the trust fund runs dry in 2032, when in reality approximately 75% of promised benefits could still be paid from incoming payroll taxes and benefit taxes.
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Read MoreDow Jones, S&P, Nasdaq open higher on hopes of Iran de-escalation
US stocks opened higher on Wednesday, extending gains from the previous session, as investors reacted to signals pointing towards a possible easing of tensions in the Iran conflict.
At the opening bell, the S&P 500 rose 0.6%, while the Nasdaq Composite and the Dow Jones Industrial Average gained 0.7% and 0.8%,
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Read MoreWarren Buffett Issues US Currency Warning
Warren Buffett has warned of the impact that the U.S. dollar can have globally, as he discussed the current problems facing the Federal Reserve.
Speaking on CNBC’s Squawk Box, the Berkshire Hathaway chairman said: “Well, if I were at the Fed, the thing I’d worry about always is, you know,
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Read More4 charts Wall Street is nervously watching as US war on Iran rages on
Wall Street is keenly watching the economic and political winds as the Iran war rages on with no end in sight.
And it’s starting to look increasingly bad for the Trump administration and Republicans if the war isn’t brought to some form of conclusion soon.
Several charts from JPMorgan out on Tuesday shed light on the matter.
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Read MoreThe Burst
Smartest AI Stock to Buy Now
It’s easy to get caught up in the hype of Nvidia but perhaps the smartest stock to buy now is Alphabet (GOOGL). Across the gamut of products and services offered by Alphabet, a whole new world of revenues opens up when AI is factored in.
We delve in to explore just how large the opportunity is for Alphabet and potentially for shareholders over the next few years.
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Read MoreThe Ivy
What Oracle CEO Said 55 Hours Ago Will Shock You
I’m old enough to remember when Oracle was $13 per share in 2003 and by 2006 it was still $13 per share.
The company seemed as old and boring and stodgy as any tech company could become. It was almost like an IBM relic that would gather dust, selling software to enterprises and producing a boatload of cash flow but really doing nothing to excite investors or innovate.
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Read MoreThe Spotlight
Is Sea Limited The Next Amazon?
As one of the few trillion-dollar companies in history, many investors and traders wish nothing more than to be able to go back in time a decade to when Amazon stock sold for under $200 a share. As a matter of fact, it would be even better to go back two decades to when the company’s stock was barely over $10 a share.