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For most of its six-year life, the Defiance Quantum ETF behaved just like any other high-tech long shot: Unexceptional returns and meager investor interest kept it stuck among the investing also-rans that dot the exchange-traded fund landscape.
The crypto market’s center of gravity is back in the US as 2025 approaches, courtesy of Donald Trump’s reelection to the presidency and widening demand for the nation’s digital-asset funds and derivatives contracts.
Stocks in Asia are set to edge higher after a rally in some of the world’s largest technology companies lifted US benchmarks.
Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.
Three of the world’s biggest companies have had their influence reduced in the Nasdaq 100 Index after the giant technology rally of 2024 swelled them to unprecedented size.
New-home sales in the US rebounded last month as builders and consumers sealed deals that had been delayed by storms in the South, and buyers took advantage of heavy sales incentives.
To Michael Saylor’s online fanbase, it’s the next step in the great normalization of crypto: Bitcoin proxy MicroStrategy Inc. enters the S&P 500 next year, forcing the likes of index-tracking funds to buy his controversial company en masse. Whether they like it or not.
Taiwan Semiconductor Manufacturing Co’s US-listed shares cost almost 25% more than those in its domestic market at the end of last week, a sign that global investors are still willing to pay up for stocks that can benefit from the AI boom.
Asian stocks are set for a cautiously positive start in holiday-thinned trading after the Federal Reserve’s preferred inflation gauge came in below expectations on Friday and a US government shutdown was averted over the weekend.
Most politically-focused funds underperformed S&P 500 during this election year.
Less than two months ago, shares of Tesla Inc. were on their way to just the third losing year in the electric-vehicle maker’s decade-and-a-half as a public company. But after a furious rally in the last seven weeks, the stock is suddenly among the S&P 500 Index’s best performers for 2024.
A month ago, all anyone in markets could talk about was Donald Trump and how his blueprint for the US economy would sow growth, next year and beyond.
Anthony Scaramucci, founder and managing partner of the hedge fund SkyBridge Capital, says that all the hand-wringing about the massive Bitcoin purchases and debt being taken on by Michael Saylor’s MicroStrategy Inc. is overblown.
The $10.4 trillion US exchange-traded fund industry’s blockbuster year comes with an asterisk: even amid record inflows and launches, funds are shuttering at a nearly unprecedented clip.
The hawkish pivot by the Federal Reserve combined with uber-bullish sentiment among stock investors has caused risk appetite to be “suddenly twitchy,” according to Bank of America Corp. strategist Michael Hartnett.
The election of Donald Trump will usher in a wave of private-company purchases that had previously been slowed by red tape, investor Cathie Wood said in an interview in which she also reiterated her ultra-bullish view on Bitcoin.
