Articles

Is the heyday for thematic ETFs over? They could be a ‘relic,’ according to this analyst.

The number of new thematic funds surged in 2021. Now more are closing than launching, according to Strategas.

Infinera’s stock rockets 22% after $2.3 billion purchase by Nokia

Shares of Infinera Corp. rally after hours Thursday after a $2.3 billion deal with Finnish telecom giant Nokia Corp.

Hedge funds are dumping tech stocks despite their recent rally, says Goldman Sachs

Megacap technology companies are again driving the stock-market rally in June, yet hedge funds are dumping them in a reverse of their buying trend earlier this year, according to analysts at Goldman Sachs.

Nike stock falls, as executives say Q4 results ‘highlighted challenges’ with demand

Shares of Nike Inc. fell after hours on Thursday after the sneaker maker reported quarterly sales that missed Wall Street’s estimates, saying the results “highlighted challenges” that led the company to adjust its outlook for the fiscal year ahead.

Why VanEck’s solana ETF application is a win for crypto — even if it’s not approved

Investment manager VanEck’s application for a spot solana exchange-traded fund is unlikely to be approved anytime soon — but the move is still bullish for cryptocurrencies, industry participants said.

The big winner of the Biden-Trump debate? Your neighborhood bar.

Drinking establishments are becoming the gathering spot of choice for all kinds of political occasions.

If Arizona Iced Tea’s price kept pace with inflation, it would cost 124% more than it does today

The flagship tea drink costs the same in 2024 as it did in 1992

Natural-gas futures on track for a more than 50% quarterly gain

Natural-gas futures finished lower on Thursday but traded more than 50% higher for the quarter, finding support from the possibility that an active Atlantic hurricane season will disrupt U.S. production.

Jefferies’s stock pops to all-time high on dividend boost and earnings beat

The investment bank rallies as it lifts its dividend by nearly 17% and gives a bullish outlook.

Roaring Kitty posts cryptic dog image, and shares of Chewy, GameStop climb

In his latest social-media post, influential trader Keith Gill, also known as Roaring Kitty, on Thursday posted an image of a dog, marking the latest in a series of cryptic posts on X.

Treasury-market liquidity is back in focus — but don’t panic yet

Questions are being raised again inside the $27 trillion Treasury market, home of one of the world’s safest and most liquid assets, about the ease with which some U.S. government securities can be bought and sold without a big impact on price.

SpaceX tender offer would value Elon Musk’s space company at $210 billion, report says

Elon Musk’s SpaceX will sell insider shares in a tender offer that values the private space company at over $200 billion, according to a report.
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