Gold ETFs Regain Luster: Will the Rally Continue?
Gold regained its luster this week, driven by safe-haven demand amid an escalation between Russia and Ukraine tensions. The bullion is on track to post its best week in a year, rising 5% so far. A weaker dollar added to the strength (read: Gold Continues to Glitter: ETFs to Tap Its Safe Haven Appeal).
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Read MoreBooming MicroStrategy ETFs Are Straining Limits at Prime Brokers
(Bloomberg) — Amid a red-hot run in the shares of MicroStrategy Inc. last month, Matt Tuttle got some bad news from the prime brokers for his booming leveraged ETF linked to the shares of the crypto-centric company.
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The prime brokers — units within banks that work with their clients on activities like securities lending — had reached their limits on how much swap exposure they were willing to offer for his roughly month-old fund,
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Read MoreStock market today: Wall Street gains ground as it heads for a winning week
NEW YORK (AP) — Stocks rose in afternoon trading on Wall Street Friday, keeping the market on track for its fifth gain in a row.
The S&P 500 was up 0.4% and is solidly on track for a weekly gain that will erase most of last week’s loss.
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Read MorePetrobras to distribute up to $55bn in dividends by 2029
Brazilian state-controlled oil company Petrobras has unveiled a plan to distribute up to $55bn in dividends up to 2029 as part of its five-year business strategy, aiming to maintain its commitment to returning cash to investors, as reported by Bloomberg.
The company stated in a recent securities filing that it may also disburse up to $10bn in extraordinary dividends during this period.
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Read MoreBitcoin ETFs surge past $1 billion in inflows as market optimism grows
Bitcoin exchange-traded funds (ETFs), which debuted this past January, logged more than $1 billion of inflows on Thursday, according to Decrypt, as the price of the world’s leading cryptocurrency continued to approach $100,000.
According to Farside Investors data, BlackRock pulled in the largest inflows,
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Read MoreThe Burst
Time to Buy or Short This Meme Stock?
History may not repeat but it sure does rhyme and right now there are echoes of pandemic era euphoria. Roaring Kitty’s first tweet in 3 years led to Gamestop share price soaring. And now the public is giddy to know where the trader who turned tens of thousands into tens of millions is turning his attention next.
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Read MoreThe Ivy
1 Under-the-Radar Small Cap Set To Pop?
Applied Optoelectronics (NASDAQ: AAOI) isn’t well known and why would it be trading at less than a half a billion dollars in valuation. But it has seen a surge recently in insider buying as those in-the-know seem to be betting on future prospects.
This small-cap company has positioned itself as a critical supplier to major data center operators and telecommunications firms,
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Read MoreThe Spotlight
Spotlight: Why Tesla Crushes Competitors
“Tesla is nothing more than a car company.” That’s the line skeptics used to repeat when trying to downplay the firm’s valuation.
“How could a car company be worth nearly a trillion dollars? And why would a single car manufacturer be valued at almost as much as the sum total of all other car makers combined?”
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