Leveraged ETFs tied to SK Hynix are getting hammered as chip wreck deepens
Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs
Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs
Friday morning started on a bearish note. The Nasdaq Composite (^IXIC 0.72%) was down 1.1% as of 12:21 p.m. ET after dipping as much as 2.2% around 10 a.m. ET, capping a week that chip stock investors would probably like to forget. The S&P 500 (^GSPC 0.59%) fell 0.7%, while the Dow Jones Industrial Average…
When you fly within Europe, most major airlines don’t give you a lie-flat seat — or even a bigger recliner — in business class. That’s because the flights are short, usually one to four hours, so carriers don’t bother. Instead, business class on a quick European hop is often just a regular economy seat with…
The second quarter proved to be a strong one for big banks, which were fueled by a surge in investment banking and mergers and acquisitions, institutional trading, and rising asset levels. But one big bank failed to impress investors despite reporting solid results in Q2: Citigroup (C +0.23%). Citigroup stock has tumbled some 7% since…
Zoom In IconArrows pointing outwards U.S. Sen. Mitch McConnell, R-KY, photographed holding the Sports section of the July 12, 2026, Washington Post. Elaine Chao, his wife, is seated next to him. Source: The office of U.S. Sen. Mitch McConnell Read more CNBC politics coverage McConnell, 84 — who has been absent from the Senate since…
Ukraine’s President Volodymyr Zelenskiy meets with U.S. Senators Lindsey Graham (R-SC) and Richard Blumenthal (D-CT), amid Russia’s attack on Ukraine, in Kyiv, Ukraine August 12, 2024. Ukrainian Presidential Press Service | Via Reuters The Senate on Tuesday is expected to begin setting up votes on a long-awaited sanctions bill aimed at hobbling Russia‘s war effort…
ETF Inflows Top $1Trillion at the Halfway Point of 2026 “Investors poured $210 billion into US-listed ETFs in June, pushing year-to-date inflows past $1 trillion and putting 2026 on track for a $2 trillion haul if the current pace holds. US equity ETFs did most of the heavy lifting for the month, taking in $103…