The Cboe BZX Exchange filed with the US SEC to list six triple-leveraged ETFs, including Bitcoin and Ether, aiming to deliver three times the daily performance of their underlying assets. These ETFs reset leverage daily, meaning gains or losses are magnified only on a single trading day, not over longer periods, which can lead to volatility decay and path dependence effects. The funds do not hold actual cryptocurrencies but use futures contracts, adding complexity and issuer risk. Approval is pending, with public comments open until September 9, 2026, and a decision expected by October 3, 2026. Investors should understand these products are designed for short-term trading, not long-term holding, and should consider risks and tax implications carefully.
Intel recently sold $20 billion worth of its stock at $95 per share. Since the sale, the stock price has dropped and is now trading below $93. This decline means investors who bought at the offering price are facing immediate losses. The price moveme...
Masayoshi Son holds 67% of SoftBank's U.S. stock portfolio in Intel shares. Despite this large stake, SoftBank did not purchase any additional Intel shares in the last quarter. This suggests a pause or cautious approach in expanding their investment ...
Joseph Devivo, CEO of Butterfly Network, sold 68,346 shares of the company. Insider sales like this can indicate personal financial decisions or strategic moves regarding the company's stock. Investors often watch such transactions closely as they ma...
Chip stocks declined this week not because of any industry-specific news but due to the 30-year Treasury yield reaching its highest level in 19 years. Rising long-term yields often pressure growth stocks like chipmakers, as higher rates increase borr...
XPeng Inc., a Chinese electric vehicle maker, is preparing to release its Q2 2026 earnings report with analysts expecting a loss of $0.06 per share but revenue of $3.02 billion. The company competes with Tesla, Nio, and Li Auto in the smart EV market...
