Are JEPI, SPYI, and GPIX ETFs good buys as their inflows jump?
American investors are piling into boomer candy ETFs like the Goldman Sachs S&P 500 Premium Income ETF (GPIX), NEOS S&P 500 High Income ETF (SPYI), and JPMorgan Equity Premium Income…
Why Toms Capital wants Devon Energy to consider a sale
Devon Energy (DVN) shares are pushing higher this morning following reports that activist hedge fund Toms Capital Management is urging the oil and gas producer to explore strategic alternatives, including…
Netflix stock falls as HSBC flags YouTube competition and weak engagement
Netflix stock NFLX fell 2% on Tuesday after HSBC downgraded the streaming company, citing growing competition from Alphabet’s YouTube and concerns about near-term viewer engagement.HSBC lowered its rating on Netflix…
Why are Micron, SK Hynix, SanDisk stocks rising today?
Memory stocks gained again on Tuesday as renewed optimism around artificial intelligence continued to provide a fresh tailwind for semiconductor shares, while a sharp decline in oil prices helped ease…
Strategy stock jumps 8% as company resumes Bitcoin purchases
Strategy (formerly known as MicroStrategy) MSTR stock jumped 8% in trading on Monday after the company resumed buying Bitcoin following a two-week pause, while also continuing its repurchases of STRC…
Why SpaceX stock is up over 2% on Monday
SpaceX (SPCX) stock rose in early trading Monday as its weighting in the Nasdaq-100 more than doubled in the index’s quarterly rebalance.Shares were up around 2% near $156, extending the…
Why is Critical Metals stock soaring and what comes next?
Critical Metals (CRML) shares ripped higher on Monday morning after the Trump administration announced a historic security pact between the US, Denmark, and Greenland.This geopolitical milestone derisks CRML’s flagship Tanbreez…
Was the Fed’s hike one-and-done? Analysts weigh what comes next
The Federal Reserve delivered its first rate hike since July 2023 on Wednesday, lifting the federal funds target range by 25 basis points to 3.75%-4% in a unanimous 12-0 decision.The…
Micron stock rises as RBC sees AI memory demand supporting valuation
Micron Technology (MU) shares rose on Friday as RBC Capital Markets said the memory-chip maker’s valuation does not fully reflect its exposure to the artificial intelligence-driven memory boom.Micron stock gained…
Evening digest: Aramco to halt Europe oil deliveries, Bitcoin hits $81K
Saudi Aramco has told at least two European refining customers they will receive no crude oil in October following damage to the kingdom’s key East-West pipeline, while gold prices rose…