The market's recovery to near-record high has been led by momentum stock 'freight train'
The “FOMO” trade is alive and well in markets once again.
Recent IPOs, like stablecoin issuer Circle (CRCL) and AI cloud company CoreWeave (CRWV), have both seen their stocks rise more than 100% since going public.
Shares of nuclear energy company turned AI play Oklo (OKLO) are up more than 70% in the past month.
Read MoreNevada launches retirement savings program for 593,000 workers
Nevada State Treasurer Zach Conine announced the launch of the Nevada Employee Savings Trust (NEST) Program, a new initiative aimed at providing retirement savings options for approximately 593,000 workers in the state who currently lack access to employer-sponsored retirement plans.
The NEST Program, authorized by Senate Bill 305 during the 2023 Legislative Session,
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Read MoreEquinor appoints new head of gas and power
The appointment follows the departure of previous head Helge Haugane to a new Equinor business unit in April
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Read More5 Blue-Chip Giants That Have Paid Dividends for 100 Years and Longer
Investing
There are over 12,000 publicly traded stocks in the United States; not even the most intelligent investors with the best tools can find them all immediately. Many investors and traders typically maintain a small list of key stocks they follow when seeking capital gains or dividends.
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Read MoreStock market today: Trade setup for Nifty 50, global markets to Israel-Iran news; eight stocks to buy or sell on Monday
Stock Market Today: The benchmark Nifty-50 Index, for the week ended 20 June, ended more than 1% higher at 25,112.40 week on week. The Bank Nifty followed suit, also ending with 1.2% gains, at 56,252.85, while the IT index also stood among gainers, though metals and pharma were among key losers. Among the broader indices,
The Burst
Bull Vs Bear Case for Apple
Apple (AAPL) has created an unparalleled ecosystem, consistently reports strong financials, and has ultra-loyal customers — collectively resulting in a wide moat. Considering shares are down around 25% year to date, it may be a tempting buy, but could the tech giant’s stock dip even further?
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Read MoreThe Ivy
Market Commentary: The Downside Is Huge Now
It’s not widely known that Nvidia once designed its chips to specifically fall just below U.S. export restrictions, ensuring they remained marketable in China. Unfortunately for them, that loophole just got sealed, and it has big implications for investors.
Nvidia share price hit choppy waters after new U.S. export restrictions aimed to sever the chipmaker’s ties with China.
» Read more about: Market Commentary: The Downside Is Huge Now »
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