Cathie Wood’s ARK Innovation ETF has bought back into SoFi Technologies (NASDAQ: SOFI) just as the beaten-down fintech stock is trying to recover from a difficult first half of the year. ARKK bought 299,753 SoFi shares across June 29, June 30 and July 1, worth about $5.5 million based on SoFi’s July 1 close of $18.44,
The eurozone economy showed signs of stabilisation in June as manufacturing activity remained in expansion territory and the services sector contracted at a slower pace, according to the latest S&P Global Purchasing Managers’ Index (PMI) survey. The survey indicated that the services industry continued to shrink during the month, but the pace of contraction eased
The British pound was on track to record its biggest weekly gain against the US dollar in 12 weeks on Friday. The currency was supported by easing domestic political concerns and weaker-than-expected US labour market data, which weighed on the dollar. Sterling rose 0.1% to $1.3357 during the session. The move brought its weekly gain
Anyone deciding between BloFin and Bybit for copy trading wants the same thing: which one lets me mirror a trader more precisely, vet that trader’s record more thoroughly, and keep more of the profit. Most comparison pages that rank for this question answer with a generic score or a feature checklist that leaves the copy-trading
Investor Michael Burry, best known for his successful bet against the US housing market portrayed in The Big Short, has reportedly opened a short position in Micron Technology (MU), arguing that the memory chip maker’s recent rally has been driven by speculative enthusiasm rather than fundamentals. According to a post published on his Substack, Burry
Nvidia enters the second half of 2026 facing growing pressure to defend both its market leadership and investor confidence. While the company remains the world’s largest by market capitalisation, its stock has lagged several semiconductor peers this year as investors broaden their focus across the artificial intelligence (AI) supply chain. The company continues to benefit
As US stocks continue to trade near record highs, investors are once again debating whether markets have entered bubble territory. Elevated valuations and persistent geopolitical tensions have fueled concerns that equities may have become disconnected from fundamentals. Increasingly, however, market strategists argue that the more important question is not whether there is a stock market
Palantir Technologies PLTR shares extended their recent rally on Thursday after DA Davidson upgraded the software company to Buy, arguing that its role as an artificial intelligence orchestration platform is becoming increasingly valuable as enterprises seek flexibility in deploying AI models. The stock rose more than 4% in premarket trading, building on an 8% gain
AeroVironment Inc. (AVAV) shares rose 4% in premarket trading on Thursday after the US Department of War awarded the defense contractor a $500 million contract for counter-unmanned aerial systems. The Simi Valley, California-based company received a firm-fixed-price contract to procure commercial counter-unmanned aerial systems and counter small-unmanned aerial systems capabilities. According to the Department of
The US economy added just 57,000 jobs in June, well below economists’ expectations, in a sign that the labor market is losing momentum even as the unemployment rate unexpectedly declined a notch. Data released by the Labor Department on Thursday showed nonfarm payrolls increased by 57,000 in June, less than half the 115,000 jobs forecast