• June 21, 2024

Dow leads charge, S&P 500 and Nasdaq flat at open

Stocks (^DJI, ^IXIC, ^GSPC) appear mixed at Friday's session open, with the Dow Jones Industrial Average leading gains early in the trading day. Morning Brief's Brad Smith and Madison Mills monitor the five-day moving averages for the big three indexes, while Jared Blikre takes a look at sector gains and Nvidia's (NVDA) position in the Technology Select Sector SPDR Fund (XLK) ETF. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • June 21, 2024

5 ETFs That Are Up More Than 30% in 1H

The winners are broad-based across the sectors, with technology being the star performer in the first half of 2024. Here, we present a bunch of top-performing ETFs from various corners of the market.

  • June 21, 2024

3 Powerful ETFs to Buy to Retire on Easy Street

Investing in the best retirement ETFs simplifies long-term financial planning with ease. These funds allow investors to bet on multi-year trends, with access to specialized market sectors and potential for stable long-term growth. Moreover, by wagering on these ETFs, investors can sidestep the complexity of monitoring multiple stocks, relying on the expertise of the leading financial punditry and institutions. Hence, these ETFs are tailored for long-term growth, ensuring a prosperous future.Havi

  • June 20, 2024

US Court Rejects Four Collective Lawsuits Against Ripple, Allows One State Lawsuit to Proceed

According to BlockBeats, on June 21, a US regional court judge dismissed all four collective lawsuits against Ripple, but allowed one state lawsuit to continue. The jury will continue to discuss whether Ripple CEO Brad Garlinghouse made 'misleading statements' related to securities sales in a television interview in 2017. Previously, a civil lawsuit for securities claims against Brad Garlinghouse was heard in a California court. The decision by the judge marks a significant development in the ongoing legal battles faced by Ripple and its CEO. The dismissal of the four collective lawsuits provides some relief for the company, but the continuation of the state lawsuit indicates that Ripple's legal troubles are far from over. The focus of the ongoing discussion is on the statements made by Garlinghouse in 2017, which are alleged to have been misleading in relation to securities sales. The outcome of this case could have significant implications for Ripple and the broader cryptocurrency industry.

  • June 20, 2024

Richmond Fed Chair Urges Clarity On Inflation Path Before Rate Cut

According to BlockBeats, Richmond Federal Reserve Chair, Barkin, stated on June 21 that the Federal Reserve needs to further clarify the path of inflation before it can cut interest rates. Barkin, who has voting rights on monetary policy this year, said the current policy positioning is good and added that the Federal Reserve has the strength needed to curb inflation.When asked if the Federal Reserve could cut interest rates once and maintain them at that level, Barkin said it depends on economic data. If the current situation continues, now may not be the best time to provide guidance on the timeline for subsequent policy adjustments. 'Sometimes we want to provide forward-looking guidance and we do,' he said, 'In my view, it doesn't seem like that time now. It doesn't feel like the time to release forward-looking guidance. Let's see where the data will lead us.'

  • June 20, 2024

Is Barron’s the Best Website To Learn About Stocks?

We recently made a list of 15 Best Websites To Research Stocks. Barron’s is one of them. When it comes to building a strong portfolio, retail investors conduct a great deal of research to learn about the macroeconomic climate, read up on the most recent stock market trends, become familiar with investing strategies, and observe […]

  • June 20, 2024

Housing trends, HPE CEO on Nvidia partnership: Market Domination

There's never enough time in the day to trade, as Market Domination Hosts Julie Hyman and Josh Lipton walk investors through the final trading hour of Thursday, June 20. They cover the top trending stocks and market movements ahead of the closing bell. Hewlett Packard Enterprise (HPE) CEO Antonio Neri discusses HPE's new partnership with Nvidia (NVDA) on its line of "Nvidia AI Computing by HPE" product offerings. National Association of Home Builders (NAHB) CEO Jim Tobin stops into the studio to tackle some of the biggest challenges the US housing market is currently facing. Yahoo Finance's top trending stock tickers this hour include Gilead Sciences (GILD), commercial-grade EV maker Nikola (NKLA), and Advanced Micro Devices (AMD). This post was written by Luke Carberry Mogan.

  • June 20, 2024

AI investments will go from 'hot names' to essentials

The AI trade continues to drive market gains, showing few signs of slowing. Defiance ETFs CEO and CIO Sylvia Jablonski joins Wealth! to offer insights on navigating markets during this AI-driven period. Jablonski observes that investors currently associate the "Magnificent 7" tech giants with AI. Given this trend, she recommends semiconductor or large-cap ETFs as avenues for gaining exposure to these plays. She also emphasizes the importance of considering ETFs that offer exposure to core AI names and companies involved in AI infrastructure, staples, and hardware. The Defiance ETFs CEO predicts AI will benefit multiple sectors, from healthcare to driverless vehicles, in the long run. She states, "AI is gonna touch just about everything, so I think we're in the infancy stage, and the infancy stage is... who are the biggest hot names? And that's what people are buying." However, she anticipates a second stage where market focus will shift to companies essential for AI operations. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

  • June 20, 2024

3 ETFs to Buy Now: June 2024

Exchange-traded funds are a great way for investors to gain exposure to different industries and fund objectives without having to do all the work of picking stocks and investing in them individually. They provide a much more stress-free investing option for individuals seeking a more hands-off approach to investing. The rate of returns for many ETFs also exceeds the returns of major stock market indices such as the S&P 500. The risk of loss is also far less than that of individual stocks. Howev