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RDBX stock soars 64% on debut; 7 things to know as Redbox starts trading today
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Top 5 stocks from different platforms is a collection of top trending stocks from major investment platforms and social media, giving investors a list of trending stocks across places.
Moomoo selected the hottest stocks from Robinhood and Investing.com; the most active stocks from Yahoo Finance, Stocktwits, and moomoo.
Latest News for Top Stocks:
- $Digital World Acquisition Corp (DWAC.US)$ and $Phunware (PHUN.US)$ skyrocketed on Friday, as excitement for former President Donald Trump's new media company continued to build among investors. By the close of trading, shares of DWAC and PHUN were up 107% and 471%, respectively, after rising as much as 285% and 1,471% earlier in the day.
- $Creatd (CRTD.US)$, the parent company of the OG Gallery, today announced its second non-fungible token (NFT) art drop. The Company's second NFT offering captures a high-interest asset of the OG Collection: a series of three photographs of former President Donald Trump.
- $Tesla (TSLA.US)$ on Sunday rolled back the latest version of its Full Self-Driving (FSD) beta software, less than a day after its release, after users complained of false collision warnings and other issues. The setback comes as Tesla is under regulatory scrutiny over the safety of its semi-autonomous driving technology, which it calls "FSD."
- $HSBC Holdings (HSBC.US)$ said its profit had jumped by 76% and that it would be starting a $2bn (£1.4bn) share buyback as it reported third quarter results on Monday morning in London. CEO Noel Quinn said: "While we retain a cautious outlook on the external risk environment, we believe that the lows of recent quarters are behind us."
Moomoo selected the hottest stocks from Robinhood and Investing.com; the most active stocks from Yahoo Finance, Stocktwits, and moomoo.
Latest News for Top Stocks:
- $Digital World Acquisition Corp (DWAC.US)$ and $Phunware (PHUN.US)$ skyrocketed on Friday, as excitement for former President Donald Trump's new media company continued to build among investors. By the close of trading, shares of DWAC and PHUN were up 107% and 471%, respectively, after rising as much as 285% and 1,471% earlier in the day.
- $Creatd (CRTD.US)$, the parent company of the OG Gallery, today announced its second non-fungible token (NFT) art drop. The Company's second NFT offering captures a high-interest asset of the OG Collection: a series of three photographs of former President Donald Trump.
- $Tesla (TSLA.US)$ on Sunday rolled back the latest version of its Full Self-Driving (FSD) beta software, less than a day after its release, after users complained of false collision warnings and other issues. The setback comes as Tesla is under regulatory scrutiny over the safety of its semi-autonomous driving technology, which it calls "FSD."
- $HSBC Holdings (HSBC.US)$ said its profit had jumped by 76% and that it would be starting a $2bn (£1.4bn) share buyback as it reported third quarter results on Monday morning in London. CEO Noel Quinn said: "While we retain a cautious outlook on the external risk environment, we believe that the lows of recent quarters are behind us."
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Asia stocks to open steady as Treasury yields jump
Asia stocks are set to open mixed after a jump in Treasury yields weighed on U.S. equities and oil extended a rally spurred by supply concerns.
Futures fell for Japan and Australia, while Hong Kong contracts rose. U.S. futures were little changed. Investors rotated out of growth stocks as the benchmark 10-year U.S. yield briefly topped 1.5% -- a level not seen since June. The tech-heavy $NASDAQ 100 Index (.NDX.US)$ underperformed. The $S&P 500 Index (.SPX.US)$ dipped, though economically sensitive companies advanced -- like energy, financial and smaller firms.
Senate GOP blocks bill to raise debt limit, avert shutdown
Senate Republicans blocked a bill that would suspend the debt ceiling into December 2022 and keep the government operating past Sept. 30, forcing Democrats to find a new strategy to address two fast-approaching deadlines with acute economic consequences.
Republicans refused to back the debt ceiling suspension because they say they don't approve of Democrats' plans to spend trillions as part of President Joe Biden's far-reaching economic plan.
Chasing winners pays off as Tesla propels momentum ETF to record
While major equity indexes are stuck, one exchange-traded fund that chases past winners is breaking out.
The $iShares MSCI USA Momentum Factor ETF (MTUM.US)$, which tracks stocks that have outperformed in recent months, climbed for a fifth day, surpassing its August peak to hit a fresh high. Helping buttress the gain was $Tesla (TSLA.US)$, the fund's top holding that climbed 2.2% for its 14th gain in past 16 sessions. $JPMorgan (JPM.US)$, the No. 2, advanced 2.4% to a record.
Netflix's gaming push is coming together, but lacks release date
$Netflix (NFLX.US)$ Co-Chief Executive Officer Ted Sarandos said he's thrilled with the company's efforts to expand into gaming, but timing of the plan remains foggy. The embrace of video games marks Netflix's first significant foray beyond TV shows and films
Hot-dog restaurant chain Portillo's files to go public on Nasdaq
Hot-dog restaurant chain Portilo's filed to go public as a rising number of consumer companies tap the equity markets to support growth. The company listed the size of its planned initial public offering as $100 million.
The move adds to what has been a busy year for IPOs on U.S. exchanges, particularly for consumer companies. Restaurant payments firm $Toast (TOST.US)$ and coffee chain $Dutch Bros (BROS.US)$ recently jumped in their trading debuts, while companies including Authentic Brands and $Allbirds (BIRD.US)$ are planning to go public.
TikTok tops 1 billion monthly users
More than 1 billion people use TikTok every month, according to a statement posted on the video-sharing app's website Monday. The app was the most downloaded nongame app in August 2021, according to Sensor Tower, an analytics firm.
TikTok said this summer that it plans to allow users to create longer videos, part of an effort to help its top users make more money.
Entertainment giant Endeavor to buy sports-betting business for $1.2 billion
Entertainment giant $Endeavor Group (EDR.US)$ has agreed to buy an online sports-betting business from game developer $Scientific Games (SGMS.US)$ for $1.2 billion in cash and stock, the latest deal to build on the booming U.S. sports-wagering industry.
Casino operators, sports leagues and tech and media companies have struck a wave of deals, eyeing a burgeoning sports-betting market in the U.S. that could be valued around $40 billion within a decade by some industry estimates.
Oil prices hit three-year high as gas crunch starts to affect crude market
Brent, the international benchmark, rose for a fifth straight day, adding 1.4 per cent to $79.22 a barrel. The price of Brent has advanced about 50 per cent this year and 9 per cent this month.
The current global oil supply-demand deficit is larger than expected. $Goldman Sachs (GS.US)$, one of the most influential banks in commodity markets, said it expected the rally to continue and forecast Brent to hit $90 a barrel by the end of the year, up from a previous estimate of $80.
Source: Bloomberg, WSJ, Financial Times
Asia stocks are set to open mixed after a jump in Treasury yields weighed on U.S. equities and oil extended a rally spurred by supply concerns.
Futures fell for Japan and Australia, while Hong Kong contracts rose. U.S. futures were little changed. Investors rotated out of growth stocks as the benchmark 10-year U.S. yield briefly topped 1.5% -- a level not seen since June. The tech-heavy $NASDAQ 100 Index (.NDX.US)$ underperformed. The $S&P 500 Index (.SPX.US)$ dipped, though economically sensitive companies advanced -- like energy, financial and smaller firms.
Senate GOP blocks bill to raise debt limit, avert shutdown
Senate Republicans blocked a bill that would suspend the debt ceiling into December 2022 and keep the government operating past Sept. 30, forcing Democrats to find a new strategy to address two fast-approaching deadlines with acute economic consequences.
Republicans refused to back the debt ceiling suspension because they say they don't approve of Democrats' plans to spend trillions as part of President Joe Biden's far-reaching economic plan.
Chasing winners pays off as Tesla propels momentum ETF to record
While major equity indexes are stuck, one exchange-traded fund that chases past winners is breaking out.
The $iShares MSCI USA Momentum Factor ETF (MTUM.US)$, which tracks stocks that have outperformed in recent months, climbed for a fifth day, surpassing its August peak to hit a fresh high. Helping buttress the gain was $Tesla (TSLA.US)$, the fund's top holding that climbed 2.2% for its 14th gain in past 16 sessions. $JPMorgan (JPM.US)$, the No. 2, advanced 2.4% to a record.
Netflix's gaming push is coming together, but lacks release date
$Netflix (NFLX.US)$ Co-Chief Executive Officer Ted Sarandos said he's thrilled with the company's efforts to expand into gaming, but timing of the plan remains foggy. The embrace of video games marks Netflix's first significant foray beyond TV shows and films
Hot-dog restaurant chain Portillo's files to go public on Nasdaq
Hot-dog restaurant chain Portilo's filed to go public as a rising number of consumer companies tap the equity markets to support growth. The company listed the size of its planned initial public offering as $100 million.
The move adds to what has been a busy year for IPOs on U.S. exchanges, particularly for consumer companies. Restaurant payments firm $Toast (TOST.US)$ and coffee chain $Dutch Bros (BROS.US)$ recently jumped in their trading debuts, while companies including Authentic Brands and $Allbirds (BIRD.US)$ are planning to go public.
TikTok tops 1 billion monthly users
More than 1 billion people use TikTok every month, according to a statement posted on the video-sharing app's website Monday. The app was the most downloaded nongame app in August 2021, according to Sensor Tower, an analytics firm.
TikTok said this summer that it plans to allow users to create longer videos, part of an effort to help its top users make more money.
Entertainment giant Endeavor to buy sports-betting business for $1.2 billion
Entertainment giant $Endeavor Group (EDR.US)$ has agreed to buy an online sports-betting business from game developer $Scientific Games (SGMS.US)$ for $1.2 billion in cash and stock, the latest deal to build on the booming U.S. sports-wagering industry.
Casino operators, sports leagues and tech and media companies have struck a wave of deals, eyeing a burgeoning sports-betting market in the U.S. that could be valued around $40 billion within a decade by some industry estimates.
Oil prices hit three-year high as gas crunch starts to affect crude market
Brent, the international benchmark, rose for a fifth straight day, adding 1.4 per cent to $79.22 a barrel. The price of Brent has advanced about 50 per cent this year and 9 per cent this month.
The current global oil supply-demand deficit is larger than expected. $Goldman Sachs (GS.US)$, one of the most influential banks in commodity markets, said it expected the rally to continue and forecast Brent to hit $90 a barrel by the end of the year, up from a previous estimate of $80.
Source: Bloomberg, WSJ, Financial Times
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