Oil is Starting to Flow Out of the Strait of Hormuz Again. Should You Still Buy Oil Stocks?
Wall Street is telling us how it really feels about SpaceX as it enters the Nasdaq
SpaceX has blasted off, and now Wall Street thinks the stars are the limit.
Elon Musk’s rocket company made its debut on the Nasdaq 100 index on Tuesday, weeks after raising $85.7 billion in the largest IPO in history.
Joining the Nasdaq opens SpaceX to a wave of passive buying,
Read MoreNvidia Is a $4.7 Trillion Company. Here's How Close It Is to Retaking $5 Trillion.
Bitcoin ETFs Snap 5-Day Outflow Streak With $352m Inflows: Is Wall Street Money Coming Back?
Bitcoin is holding near $64,033, up 0.76% over the past 24 hours and roughly 6.3% higher on the week, a modest but meaningful recovery that has traders asking whether institutional money is finally returning in force. The answer, based on the flow data, is: cautiously yes.
Spot Bitcoin exchange-traded funds (ETFs,
Read MoreWhy Cathie Wood bought more SpaceX
There are some investors out there who like to keep a close eye on Cathie Wood investments. Many of the technology-focused exchange-traded funds (ETFs) offered by Wood’s Ark Investment Management are popular choices for investors.
Ark Invest recently made a big move, adding $7 million to its holdings in Space Exploration Technologies (SPCX 6.83%).
» Read more about: Why Cathie Wood bought more SpaceX »
Read MoreThe Burst
Will Costco Join The Mag 7?
When you think about the companies that have cracked the trillion-dollar market cap, your mind probably jumps straight to the Mag 7, including Microsoft, Nvidia, Apple, and Amazon. These firms dominate the digital infrastructure we all rely on.
But here’s something you won’t find on the list: a brick-and-mortar retailer. Not Walmart. Not Target.
» Read more about: Will Costco Join The Mag 7? »
Read MoreThe Ivy
Will Prediction Markets Disrupt DraftKings?
DraftKings and FanDuel have long dominated U.S. online sports betting, thanks to their early entry via daily fantasy sports.
That first-mover advantage, combined with cutting-edge technology and deep brand recognition, let both companies capture the lion’s share of the market as sports betting rolled out state by state.
But a new kind of competitor is emerging that could rewrite the rules of online wagering.
» Read more about: Will Prediction Markets Disrupt DraftKings? »
Read MoreThe Spotlight
Is Coca-Cola The #1 Stock During the Next Market Meltdown?
The recent market rebound feels more like a shaky truce than a confident comeback. Sure, stocks have climbed back from bear territory since April, but between persistent inflation and rising geopolitical tensions (hello, Middle East), the whole thing still feels like a house of cards.
So what do you do if you’re worried the next leg down is coming?
» Read more about: Is Coca-Cola The #1 Stock During the Next Market Meltdown? »