Barstool Sports Dave Portnoy has joined BUZZ and VanEck in launching a social media sentiment ETF.
Sentiment shown in social media and retail trader discussions could be a key to alpha - BUZZ CEO.
These are the three strategies BUZZ is using to tap into chatter on social media.
Since the start of 2021, markets have faced a new reality - the power of the retail trader.
Whether they are forcing hedge funds to back out of bets against unpopular stocks, sending shares in tiny companies up by 1,000%, or taking Bitcoin to the moon , these social-media-centered traders can move markets. January s almost unprecedented volatility was testament to that.
Unfamiliar with Winkelmann s name? You might recognize his artist name, Beeple.
Beeple is generating Banksy-level hype in the digital art world; making headlines for the eye-watering sums of money his digital artwork is selling for.
Two weeks ago, Pablo Rodriguez-Fraile, who originally bought one of Beeple s artwork for $67,000 resold the piece for $6.6 million on the cryptocurrency art marketplace, Nifty Gateway, ahead of auction house Christie s, which made its first-ever sale of digital art - a collage of 5,000 everyday pictures, also by Beeple.
The auction closed on March 11 with a winning bid of $69 million. The price jumped from $15 million to $69 million in under an hour.
Matt Moberg s DynaTech Fund has beaten 95% of its category peers over the past five years.
It looks for innovation leaders with superior management that benefit from new industry conditions.
He laid out four trends he sees shaping today s economy that are rich investment backdrops.
There is no doubt that COVID-19 has brought a lot of loss to the world. But at the same time, it has helped to accelerate innovation across industries as it s forced people and businesses to adapt to more constricted environments than they were accustomed to.
Decades-long digital disruptions took place in just months with the development of innovative solutions, such as voice products and cloud software that supported business activity, teleworking, and learning from home.
Solar power is set to boom as costs decline and battery tech makes it more accessible.
Tesla s North American Solar Projects could be worth $250 billion annually in the longer term, the bank said.
Goldman estimate installations will be 60% above Biden s policy aim for 500 million panels in the next 5 years.
The energy transition trade is heating up, and investors are looking tap into those companies and technologies that will power the homes and cities of the future.
Across the board, this has meant significant gains for companies that are focussed on sustainability. For example, shares in Danish wind power provider Orsted have rallied around 300% in the last five years, and Chinese Tesla rival NIO gained over 960% in the last 12 months alone.