Very good news for semiconductor ETFs like SOXL, SOXX, and SMH

Very good news for semiconductor ETFs like SOXL, SOXX, and SMH

Top semiconductor ETFs like the Direxion Daily Semiconductor Bull 3x Shares (SOXL), VanEck Semiconductor (SMH), and iShares Semiconductor (SOXX) rebounded in the extended hours after the strong Nvidia earnings and guidance. SOXL jumped by over 8% in extended hours, while SMH and SOXX rose by 2.8% and 2.70%, respectively. This article explores why these funds […]

Read More
 October monthly job cuts surged to a 22-year high

October monthly job cuts surged to a 22-year high

U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday. “This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008,’ the firm said in a news release. From January through the […]

Read More
 Global sugar prices likely to remain soft amid record output in Brazil and India, says expert

Global sugar prices likely to remain soft amid record output in Brazil and India, says expert

Global sugar prices are expected to remain soft in the coming months due to rising production and rebuilding stocks, said Edward Nikulin, a commodities and weather-model analyst at Mind Money. “Key upside risks stem from weather shocks (El Niño/La Niña transitions) and energy-price volatility affecting Brazil’s ethanol mix,” he said in an analysis. India’s export […]

Read More
 Top reasons behind the crypto market crash today (Nov. 21)

Top reasons behind the crypto market crash today (Nov. 21)

The crypto market crash continued its strong downtrend on Friday, with Bitcoin tumbling to $85,000. Ethereum plunged by 7.65% in the last 24 hours to $2,800, while XRP, BNB, Solana, and Dogecoin dived by over 5%. So, why is the crypto crash happening? Crypto market crashes intensified as stocks plunged The ongoing crypto crash intensified […]

Read More
 US stocks jittery ahead of Nvidia earnings: Nasdaq, S&P open flat

US stocks jittery ahead of Nvidia earnings: Nasdaq, S&P open flat

US stocks were little changed on Wednesday as traders looked to Nvidia’s upcoming earnings report to ease concerns about stretched valuations in the artificial intelligence sector. The move followed a four-day slide led by technology shares, which have come under renewed scrutiny as fears of an overheating AI trade intensified. The S&P 500 rose 0.1%, […]

Read More
 FBI nabs Florida man with alleged plan to livestream neo-Nazi terror attack; graphic Signal messages recovered

FBI nabs Florida man with alleged plan to livestream neo-Nazi terror attack; graphic Signal messages recovered

A Florida man was arrested after an FBI investigation linked him to multiple extremist group chats on the encrypted messaging app Signal, where agents claim he used aliases to share disturbing graphic messages, detailed instructions for explosives and violent neo-Nazi propaganda. Lucas Alexander Temple, 20, is facing federal charges for distribution of information regarding the […]

Read More
 Bitcoin price plunges below $87K: here’s why BTC is dropping

Bitcoin price plunges below $87K: here’s why BTC is dropping

Bitcoin has slipped below the $87,000 mark once again, extending a painful week for the world’s largest cryptocurrency. The cryptocurrency is facing mounting pressure as a combination of institutional outflows, miner sell-offs, and bearish technical signals weighs on the market. Selling pressure mounts across the market Over the past few hours, Bitcoin has fallen 2.68% […]

Read More