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Nasdaq 100 Movers: ADI, PDD

4 years 2 months ago
In early trading on Wednesday, shares of Pinduoduo topped the list of the day's best performing components of the Nasdaq 100 index, trading up 1.1%. Year to date, Pinduoduo has lost about 14.4% of its value.

Is Solana the Next Bitcoin?

4 years 2 months ago
There may never be a cryptocurrency like Bitcoin (CRYPTO: BTC). Since its creation back in 2013, Bitcoin has returned an incredible 22,279.89%. And it may not be done yet, with some analysts predicting Bitcoin could eventually hit $1 million by 2030. That would be a more than 40-

Will This Brand-New Tax Change Hurt Stock Market Returns?

4 years 2 months ago
Congress recently passed the Inflation Reduction Act, which contains a number of provisions. It aims to raise revenue and combat inflation by implementing a 15% corporate alternative minimum tax, allow Medicare to negotiate prescription drug prices, and increase IRS enforcement o

Apple Laid Off 100 Contract-based Recruiters In August

4 years 2 months ago
(RTTNews) - IPhone maker Apple (AAPL) has laid off about 100 contract-based recruiters in the last week in an effort to slow down hiring and spending, as per reports. The recruiters, who are responsible for hiring new employees at the company, were told that the layoffs are part

ITOT, KSCD: Big ETF Outflows

4 years 2 months ago
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P Total U.S. Stock Market ETF, where 9,900,000 units were destroyed, or a 2.1% decrease week over week. Among the large

Michael Burry Sells Everything Except This One Stock

4 years 2 months ago
In the below video, I explain what's going on with Michael Burry and Scion Asset Management, the hedge fund he runs. According to the most recent 13F, Burry liquidated 12 positions and kept only this single stock, Geo Group (NYSE: GEO), long. Why is he holding this stock? Is Geo

1 Metric That Apple Investors Should Stop Worrying About

4 years 2 months ago
Like many of its streaming rivals, Apple (NASDAQ: AAPL) does not disclose the exact number of people who watch its TV shows and movies. In fact, Apple goes further than competitors such as Netflix and Walt Disney's Disney+ in that it also withholds Apple TV+ subscriber figures. I
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