Tech stocks lift European shares, Middle East caution lingers
By Twesha Dikshit
May 20 (Reuters) – European shares rose on Wednesday, aided by technology shares, but gains were capped as investors remained cautious amid war-driven inflation fears that continued to pressure bonds, while markets kept a close watch on U.S.-Iran developments.
The pan-European STOXX 600 was up 0.2% at 612.84 points,
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Read MoreFunds Coin Launches Automated Mobile Infrastructure for Multi-Asset Stock, Gold, and Forex Trading
Funds Coin, a developer of automated quantitative trading technologies, today officially announced the roll-out of its mobile-first AI Options Trading Application. The new app is designed to provide …
Read MoreBitcoin (BTC) ETFs Pulled in $2B in April: Can the Flows Continue in May?
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Bitcoin ETFs recorded roughly $2 billion in net inflows in April—the strongest monthly total of the year. BlackRock’s IBIT alone pulled in around $2 billion in net subscriptions, more than the total flows since other funds like Grayscale’s GBTC posted net outflows.
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The funds started with a $629.73 million single-day inflow on May 1,
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Read MoreTrump’s Midterm Nightmare: Fed Chair Kevin Warsh May Soon Raise Interest Rates, Not Cut Them
For most of President Donald Trump’s second term, the White House viewed the Federal Reserve as the economy’s biggest obstacle rather than its biggest ally. Trump repeatedly blasted former Fed chair Jerome Powell for keeping interest rates too high for too long, arguing elevated borrowing costs were choking off housing, business investment, and consumer spending.
Read MoreWow! The Federal Reserve's May Inflation Forecast Was Just Updated, and Things Are Looking Worse for Wall Street.
It’s been a tumultuous past year for our nation’s foremost financial institution, the Federal Reserve. We’ve witnessed an ongoing spat between President Donald Trump and now-former Fed Chair Jerome Powell over interest rates, and observed a historic level of division within the Federal Open Market Committee (FOMC) — the 12-person body responsible for setting U.S.
Read MoreThe Burst
Pfizer’s Big Win Means What For Investors?
Pfizer just pulled off a big deal as it relates to the pharmaceutical landscape in the U.S. On Tuesday, the CEO announced a wide-ranging agreement with the Trump administration that will lower drug prices for many Americans.
At the center of this deal is a new government-backed portal called “TrumpRx”, a website designed to help patients access discounted prescription drugs by connecting them directly to manufacturers’ platforms.
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Read MoreThe Ivy
Is Chipotle Stock Finally Cheap Enough to Bite?
After years of sizzling performance, Chipotle Mexican Grill is suddenly tasting some humble pie. The once-unstoppable restaurant stock shaved almost a quarter off its share price in just a few days, following an earnings report that showed its growth momentum cooling faster than investors expected.
At first glance, the results weren’t catastrophic, revenue still rose,
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Read MoreThe Spotlight
Can You Really Earn a 100% Yield From This Tesla-Based ETF?
A wave of funds has popped up promising double-digit income yields, many of them built on familiar covered call tactics. But one issuer, YieldMax, has taken the concept to an entirely different level. Think 30%, 50%, even 100%-plus yields.
The poster child is the YieldMax Tesla Option Income Strategy ETF, ticker TSLY. This fund aims to milk income from Tesla (NASDAQ: TSLA) by trading options,
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