Stock-market investors should not blindly follow the established narratives suggesting rising Treasury yields usually spook technology and growth stocks but focus on underlying economic trends which are the real driver, market analysts say. The Nasdaq Composite index COMP, -0.58%, home to many of the tech and growth stocks that were …
Read More »Wall Street Is Baffled by the Stock Market
(Bloomberg) — The bond market finally got the Federal Reserve’s message on rates, while stock investors continue to ignore it, for the most part. Most Read from Bloomberg While the mood music soured in the latter half of the week, equities are still largely defying the one thing that has …
Read More »Little-known hedge fund boss joins Steve Cohen, Ken Griffin as Wall Street’s top earners
Little-known hedge fund manager Said Haidar reportedly joined heavyweights like Citadel CEO Ken Griffin and Mets owner Steve Cohen on the list of Wall Street’s top earners last year after his firm secured a massive 193% return. The Haidar Capital Management boss earned $859 million through gains on his personal …
Read More »Shopify stock suffers one of its worst days yet as Wall Street wonders what is to come
Shopify Inc. shares suffered one of their worst days on record Thursday, after financial results failed to provide much clarity about the road ahead in 2023. Shopify SHOP, -15.88%, which acts as the bones of many e-commerce websites and operations, disappointed with first-quarter guidance in an earnings report Wednesday afternoon …
Read More »A potential stock-market catastrophe in the making: The popularity of these risky option bets has Wall Street on edge
Professional and amateur traders are flocking to a risky type of equity option that some have likened to lottery tickets, drawn by the opportunity to reap massive returns in the span of just a few hours. They’re known as options with zero days until expiration, or “0DTEs.” Named because they …
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