Equities

Equities

Bearish Investors Give Elon Musk the Boot From Trillionaire Club

Photo via JOHN ANGELILLO/UPI/Newscom

SpaceX’s Starship rocket stayed grounded last week as the company’s stock crashed down around CEO Elon Musk.

1 min read

Photo via Jimin Kim/ZUMAPRESS/Newscom

Equities

Guggenheim Calls Time on SaaSpocalypse Fears

Guggenheim analyst John DiFucci argued Wednesday that the most pessimistic view of sotfware stocks should be considered “a hallucination.”

2 min read
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Industries

Dronemaker AeroVironment Climbs 19% as Pentagon Races to Expand UAV Fleet

Shares in dronemaker AeroVironment closed up 19% as an earnings report that blew away Wall Street’s forecasts marshaled a fierce rally.

2 min read
Photo by Davey Gravy via Unsplash

Equities

Lights, Camera, HVACtion: European Heat Wave Fans Growth for Climate Control Industry

Europe’s getting clobbered by a heatwave. US HVAC companies could be among the winners of an ensuing demand for air conditioning.

1 min read

Equities

Nasdaq-100 Onboards 5 New Stocks in AI-Fueled Rebalancing

Photo via Jimin Kim/ZUMAPRESS/Newscom

This morning, the Nasdaq-100 is getting its quarterly rebalance with five firms getting the boot and five taking their place.

2 min read

Investments

Payments Giant Swift Guards Speed Record With a Bet on Blockchain

Photo via World Economic Forum/Faruk Pinjo

Payments firm Swift is building a blockchain to enable instant global transactions, with more than two dozen financial institutions helping create the digital ledger.

2 min read

Photo via Lu Beifeng/VCG/Newscom

Investments

Buffett’s Berkshire’s Short Term Interest Rate Path Differs From Megarich Peers

Warren Buffett’s Berkshire Hathaway’s investment strategy faces a cash conundrum with interest rates poised for a cut.

2 min read
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Investments

Morgan Stanley Wants to Woo the Day-Trader Crowd

Morgan Stanley is doubling down on its pursuit of day traders with a fancy new, souped-up premium platform for retail investing.

1 min read
Photo via Connor Lin / The Daily Upside

ETF Upside

Allspring’s Latest Clones Are Active Growth, Value ETFs

Allspring Global Investments recently added two new ETFs, following its entry to the market late last year.

2 min read

Indicators

US Households Get More and More Comfortable with the Stock Market

Photo by Chenyu Guan via Unsplash

Almost half of all US households’ financial assets are tied to public stocks, a near-record high, according to recent Federal Reserve data.

1 min read

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