To The Moon

A roaring market rally since the U.S. presidential election has driven up the price of everything from shares of technology and manufacturing giants to cryptocurrencies. Many investors are betting it has room to run.Investors have stampeded into funds tracking U.S. stocks and picked up trades that would profit if the rally that this past week sent the S&P 500 above 6000 for the first time reaches new heights.U.S. equity exchange-traded and mutual funds drew nearly $56 billion in the week ended Wednesday, the second-largest weekly haul in records going back to 2008, according to EPFR data. Such funds have drawn inflows for seven consecutive months, the longest streak since 2021, when a dizzying market melt-up sent stocks to repeated records.Many investors say they expect lower taxes and fewer regulations during Donald Trump's second term as president.Dominic Rizzo, a technology portfolio manager at T. Rowe Price, said tariffs could boost U.S. manufacturing, driving a surge in domestic s

Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?

Jeff Bezos continues to sell Amazon stock. The Amazon founder sold $1.2 billion worth of stock on Friday and Monday, bringing his November sales to $2.7 billion. Since July, he’s sold $4.4 billion.Amazon founder Jeff Bezos had filed a plan to sell up to 25 million Amazon shares by the end of 2025.All of the sales are part of pre-announced trading plans. Like many company founders and other large shareholders, Bezos regularly files plans for his intention to sell shares of company stock through s

U.S. LaborDay is around the corner. The U.S. market will be closed on Monday, September2, 2024 to celebrate it.Please take note of the trading arrangements during the holiday period and make the neces

Alphabet shares slipped over 1.5% in premarket trading on Thursday as OpenAI is reportedly working on a web search product that could place it further in competition with the Sundar Pichai-led tech giant.The search service may be partly powered by Microsoft's Bing, The Information reported, citing a person with knowledge of OpenAI's plans.Microsoft invested multiple billions of dollars into the Sam Altman-led company last year and has been integrating its technology into a number of its produ