Direxion has launched the Direxion Daily SpaceX Bull 2X ETF (LOFF), becoming one of the first single-stock ETFs designed to provide leveraged exposure to SpaceX, or Space Exploration Technologies Corp (NASDAQ:SPCX), following the aerospace giant’s blockbuster public market debut on Friday. The ETF began trading one business day after SpaceX did, in what Direxion described […]

Airline stocks came under pressure Wednesday following a downgraded global profit outlook from the International Air Transport Association (IATA). IATA warned that airlines face mounting pressure in 2026 as the closure of the Strait of Hormuz triggers a severe fuel supply shock, weakens economic growth, and raises operating costs across the aviation industry. In a […]

Many Gen Z students are arriving at college unable to complete reading assignments at levels previously expected, prompting professors to change how they teach and raising concerns about the long-term impact on learning, critical thinking and social development. Some educators say students are struggling to understand even basic sentences and increasingly rely on AI-generated summaries […]

Lucid Group Inc (NASDAQ:LCID) shares are trading lower Friday morning, hitting a new all-time low, as investors keep debating the upside of its robotaxi ambitions versus the balance-sheet cost of scaling, during a risk-off session. Lucid Group shares are approaching critical lows. Why is LCID stock at lows? What Is Driving Lucid Group’s Robotaxi Ambitions? […]

Jim Cramer thinks investors may be creating their own problem. In a post on X on Thursday, the CNBC host argued that excitement surrounding Elon Musk‘s SpaceX and growing speculation about its eventual inclusion in the S&P 500 could be fueling an unusual rotation out of some of the market’s biggest winners. “We create our […]

NVIDIA Corp. (NASDAQ:NVDA) used Computex to expand its push into AI PCs and data-center infrastructure, raising the competitive stakes for Intel Corp. (NASDAQ:INTC), Advanced Micro Devices Inc. (NASDAQ:AMD), Arm Holdings Plc (NASDAQ:ARM), Qualcomm Inc. (NASDAQ:QCOM), Apple Inc. (NASDAQ:AAPL), and the broader semiconductor supply chain. NVIDIA Targets Intel’s PC Stronghold Bloomberg tech editor Vlad Savov said […]

The Trump administration moved on Friday to appeal a federal court order that extended tariff refund eligibility to all U.S. importers, not just those that had filed lawsuits, potentially halting a repayment process already underway. The Department of Justice informed Judge Richard K. Eaton of its planned appeal, which covers a court order allowing all […]

Palantir Technologies Inc. (NASDAQ:PLTR) stock traded higher on Friday as investors continued to favor artificial intelligence-driven technology stocks amid a broadly constructive market environment. The Nasdaq gained 0.54%, while the S&P 500 rose 0.35%. There was no major company-specific catalyst behind Friday’s move. Palantir appeared to benefit from sustained momentum in AI-related equities and improving […]