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Nasdaq Technology

Why Roblox (RBLX) Stock Rallied on Tuesday

4 years 6 months ago
Shares of online gaming platform Roblox RBLX popped 3% in morning trading before closing up 2.8% to $42 per share despite a downgrade from Goldman Sachs. Immediately after the announcement of the downgrade, RBLX fell as much as 5% in the early minutes of Tuesday’s session

US Consumer Sentiment Improves in April: Will ETFs Gain?

4 years 6 months ago
The latest encouraging preliminary consumer sentiment readings for early April can be largely attributed to the improving job market. The University of Michigan’s preliminary consumer sentiment index rose to 65.7 in early April from a final reading of 59.4 last month, imp

Will Industrial Gain From Improving US Output in March?

4 years 6 months ago
March's encouraging U.S. industrial output data can largely be attributed to the improving labor market and easing pandemic conditions. Per the Fed’s recently-released data, total industrial production rose 0.9% in March. A 0.9% rise in the manufacturing output also looke

Tesla Set to Beat Estimates in Q1 Earnings: ETFs to Buy

4 years 6 months ago
Electric carmaker Tesla Motors TSLA is scheduled to report first-quarter 2022 results on Apr 20 after market close. Let’s take a closer look at its fundamentals ahead of the earnings release.Tesla has been on a volatile ride and gained 0.8% over the past three months. The

5 Inverse ETFs Enjoying a Rally This Year

4 years 6 months ago
Wall Street is caught in a vicious circle of trading this year triggered by inflationary pressures, Fed’s tightening policy and the war in Ukraine. The combination of factors has led to a steep sell-off in the growth sectors like technology, raising the appeal for inverse

Can the Metaverse Do More for Live Sports?

4 years 6 months ago
The rules of sports games haven’t changed much over the years, but the ways in which we consume and engage with them have. First came television. Live broadcasting followed. Instant replay and streaming came soon after.
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