Roundhill Investments resurrected an exchange-traded fund focused on meme stocks on Wednesday, aiming to give everyday investors a simple way to play the new class of buzzy-yet-volatile stocks. But if history repeats itself, that could signal the trade — and broader market — is already losing its steam. Roundhill said the Meme Stock ETF, which…
Government shutdowns should, theoretically, matter to the stock market. A shutdown could hurt spending power for up to 900,000 people, the highest estimate I have seen for those to be furloughed. That’s a lot of people who will spend a lot less money – especially because most Americans live paycheck to paycheck. Shutdowns still don’t…
CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street, highlighting new economic data and the expected unveiling of Apple‘s latest iPhone. He also warned that September is usually a tough month for the market as a whole. “As we head into the next week, keep in mind that we’re stuck in…
Avishek Das | SOPA Images | Lightrocket | Getty Images Shares of advertising technology company AppLovin and stock trading app Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global said the two will join the S&P 500 index. The changes will go into effect before the beginning of trading on…
Ozan Kose | Afp | Getty Images Corporate treasuries have surpassed ETFs in bitcoin buying for a third consecutive quarter as more companies try to benefit from the MicroStrategy playbook in a more crypto-friendly regulatory environment. Public companies acquired about 131,000 coins in the second quarter, growing their bitcoin balance 18%, according to data provider…
