Is the heyday for thematic ETFs over? They could be a ‘relic,’ according to this analyst.
The number of new thematic funds surged in 2021. Now more are closing than launching, according to Strategas.
Infinera’s stock rockets 22% after $2.3 billion purchase by Nokia
Shares of Infinera Corp. rally after hours Thursday after a $2.3 billion deal with Finnish telecom giant Nokia Corp.
Tesla loses its EV quality edge as repair problems continue to plague the market
The study found electric vehicles are plagued with more problems compared to traditional gas- and diesel-powered vehicles with internal combustion engines.
If Arizona Iced Tea’s price kept pace with inflation, it would cost 124% more than it does today
The flagship tea drink costs the same in 2024 as it did in 1992
The big winner of the Biden-Trump debate? Your neighborhood bar.
Drinking establishments are becoming the gathering spot of choice for all kinds of political occasions.
Why VanEck’s solana ETF application is a win for crypto — even if it’s not approved
Investment manager VanEck’s application for a spot solana exchange-traded fund is unlikely to be approved anytime soon — but the move is still bullish for...
Nike stock falls, as executives say Q4 results ‘highlighted challenges’ with demand
Shares of Nike Inc. fell after hours on Thursday after the sneaker maker reported quarterly sales that missed Wall Street’s estimates, saying the results “highlighted...
Hedge funds are dumping tech stocks despite their recent rally, says Goldman Sachs
Megacap technology companies are again driving the stock-market rally in June, yet hedge funds are dumping them in a reverse of their buying trend earlier...
Rivian investor day focuses on cost reductions, efficiencies and next-generation EVs
Rivian shares fell about 2% to 6% for much of the event on Thursday, eating into their 23% gain the day before on news of...