The exchange-traded fund industry is making pair-trade strategies more accessible to everyday investors by introducing new ETFs that bundle long and short positions into one product. Tidal Financial Group’s Michael Venuto filed for eight two-stock ETFs, which are expected to launch in a few months. This streamlined approach eliminates the need for separate trades and…
CNBC’s Jim Cramer reviewed the market action, noting that traders were relieved the election was over and preparing for Trump’s administration. The certainty of a clear winner boosted the stock market, with all three major indexes reaching record highs. Sectors like Big Tech, which could benefit from looser regulations, saw gains. Tesla soared, possibly due…
With Election Day approaching, social media companies like Meta, TikTok, X, YouTube, and others are ramping up efforts to combat disinformation and foreign influence. Since the 2016 election, these platforms have been targeted by foreign actors spreading false information. Meta has invested heavily in safety and security measures, including fact-checking and labeling AI-generated content. TikTok…
Nvidia’s CEO, Jensen Huang, recently spoke at the launch of the new AI supercomputer Gefion in Denmark, showcasing the company’s continued success in the semiconductor industry. Nvidia’s market cap has grown to $3.3 trillion, with shares soaring over 170% in 2024. The company’s revenue has more than doubled in the past five quarters, driven by…