Retail investors had been outperforming the market since May. Not any more.
Retail investors had a pretty strong twomonth stretch when they were outperforming the broader market by as much as 10 percentage points. Source:MarketWatch
Bad week for ‘the ants’ as ripple effects of Korean crash spread out across Asia
It was a bad week for “the ants,” as South Korea’s army of retail traders are known colloquially. 1.2 million of them were clobbered with margin calls. That’s…
‘I am at a loss’: My brother is dying. We are not close. What responsibility do I have to help him?
“He is now no longer able to think clearly or communicate his wishes.” Source:MarketWatch
Buyer snaps up Josh Duhamel’s $3 million L.A. home as actor embraces his Minnesota ‘doomsday prepper’ cabin
“Ransom Canyon” star Josh Duhamel’s Los Angeles home has come under offer just days after it was put on the market—as the actor and his family continue to…
Crypto exchange Bybit launches in Indonesia after NOBI acquisition
The launch gives Bybit a locally operated platform in one of Asia’s largest crypto markets, home to more than 21 million crypto exchange users.…
Bitcoin under $64,000 after new U.S. strike on Iran. Trump's China comment adds to uncertainty
Geopolitical tensions and renewed fears of U.S.China frictions are weighing on risk assets, including bitcoin. Source:CoinDesk
Trump Media sells Wall Street low-latency access to Trump posts
The paid Truth API is aimed at highfrequency trading firms seeking “the fastest” access to marketmoving Truth Social posts, including those from US President…
Citadel Securities invests $400M in Crypto.com at $20B valuation
Crypto exchanges have increasingly positioned themselves as bridges between digital asset markets and traditional finance. Source:Cointelegraph
Alphabet’s stock falls as Gemini delays suggest Google is struggling to keep up in the AI race
Alphabet shares fell more than 4% on Thursday, reflecting concerns that the Google parent company is falling further behind in the artificialintelligence race.…
Semiconductor stocks are on the verge of a bear market. Is the thrill in the chips trade gone?
The PHLX Semiconductor Index hit a record high in late June and has since tumbled nearly 20% Source:MarketWatch
10 U.S. metro areas where builders are slashing prices on new homes
Existinghome prices just hit a new record high — but there are plenty of newly built homes selling at a discount, as desperate builders cut prices.…
Netflix is getting stingier about its viewing data, and Wall Street isn’t happy
Netflix’s stock is falling in the wake of mixed earnings and a new plan to cut back on the publication of ‘What We Watched’ reports. Source:MarketWatch