By Suzanne McGee and Hannah Lang (Reuters) -A handful of hedge funds, including Millennium Management LLC, and other asset managers are among the institutions that acquired stakes in the recently launched U.S. exchange-traded funds (ETFs) tied to the p.
U.S. stocks are at fresh
records, bitcoin is soaring and investors are spurning insurance
against portfolio declines as evidence that the economy is
headed for a so-called soft landing whets market.
Investors Reach for Riskier Assets as Fear Seeps Out of Markets usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Meme stocks are soaring again, delighting fans, frustrating detractors and showing Wall Street that the social media force behind the wild GameStop rally in 2021 is still going strong. Shares of other companies, including theater chain AMC headphones maker Koss and food storage container company Tupperware have followed suit. Like GameStop, many of the stocks are heavily shorted and their fundamentals have declined over the last few years.