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News Highlights
1. $SoFi Technologies (SOFI.US)$'s stock has soared 17% this week, fueled by investor optimism for potential deregulation with a possible second Trump administration. Trading volumes surged, closing the day with a robust gain of over 9%. The options market was notably active, with a volume of 689.57k contracts, where calls constituted 83.1% of the activity. The most tr...
1. $SoFi Technologies (SOFI.US)$'s stock has soared 17% this week, fueled by investor optimism for potential deregulation with a possible second Trump administration. Trading volumes surged, closing the day with a robust gain of over 9%. The options market was notably active, with a volume of 689.57k contracts, where calls constituted 83.1% of the activity. The most tr...
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After Trump won the presidential election yesterday, the market value of Trump Media & Technology Group, the owner of Trump's social media company Truth Social, initially soared. However, by the close of trading yesterday, the stock price had given up most of its early gains, ending up 5.9%. In pre-market trading on Thursday, DJT fell more than 13%.
After the election ended, DJT saw a standard IV crush
For several months, Trump Media has been repre...
After the election ended, DJT saw a standard IV crush
For several months, Trump Media has been repre...
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Donald Trump wins US presidency, igniting a "Trump Trade" surge in financial markets. $Trump Media & Technology (DJT.US)$ was the most volatile, skyrocketing over 35% in pre-market trading on Wednesday. $Tesla (TSLA.US)$ shares climbed more than 15%, while $Bitcoin (BTC.CC)$ briefly surpassed $75,000, reaching a record high.
Among major assets, the U.S. Dollar Index climbed as much as 1.6%, reaching its highest level in a year. U.S. Trea...
Among major assets, the U.S. Dollar Index climbed as much as 1.6%, reaching its highest level in a year. U.S. Trea...
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On the afternoon of the 13th local time, during a campaign rally in Pennsylvania, shots were fired while Trump was speaking. He was immediately escorted off the stage by Secret Service agents. According to a statement from the Secret Service, the shooter is deceased; one rally attendee was killed, and two others were injured.
For investors, if Trump is elected President of the United States, it...
For investors, if Trump is elected President of the United States, it...
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In just two short weeks, the robust rebound in U.S. stocks has smoothed over the sharp declines seen at the beginning of August, leading the market to a state of "extreme optimism." Despite the calm, analysts caution that after a major quake, aftershocks often follow...
On August 19, Deutsche Bank strategist Jim Reid stated in a report that the market seems to have returned to normalcy, with panic quickly dissipating. The Nasdaq and S&P...
On August 19, Deutsche Bank strategist Jim Reid stated in a report that the market seems to have returned to normalcy, with panic quickly dissipating. The Nasdaq and S&P...
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On Wednesday, the nonfarm payroll benchmark will undergo its annual revision, and the market expects a significant downward revision of 500,000 to 1 million jobs, which raises questions about the strength of the jobs market just ahead of Jackson Hole central bank's meeting this week.
1. Why does the nonfarm payroll benchmark need revision?
The usual monthly nonfarm payroll figures are based on sample surveys...
1. Why does the nonfarm payroll benchmark need revision?
The usual monthly nonfarm payroll figures are based on sample surveys...
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The Philadelphia Semiconductor Index has fallen 16.6% from its mid-July peak, compared to a 3.2% decline in the S&P 500 over the same period. In the past five trading days, $PHLX Semiconductor Index (.SOX.US)$ has shown signs of recovery, climbing 11.5%.
Leading Wall Street firms such as Bank of America, Citigroup, and Morgan Stanley have identified seven chip stocks with the highest rebound potential. Here’s a look at ...
Leading Wall Street firms such as Bank of America, Citigroup, and Morgan Stanley have identified seven chip stocks with the highest rebound potential. Here’s a look at ...
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