About 45% of S&P 500 stocks have a negative beta over three months, meaning they move opposite the index. This unusual divergence is driven by heavy concentration in mega-cap tech stocks and sectors like energy, which behave differently from the broader market. Such splits can distort index signals and reflect selective investor focus, especially on AI-related companies. Experts note this pattern echoes past market extremes but caution today's tech firms are more mature, suggesting a different market dynamic.
The story about nearly half the stocks in the S&P 500 moving opposite the market is given context by Pluang's US stock data. Of 150 priced US stocks tradable on Pluang, 35 rose and 115 fell today. META was priced at USD 719.24 with a 1-day change of -4.31%, B was at USD 41.06 with a -4.24% change, and AMD was at USD 604.12 with a -4.20% change, as of Sep 28, 2026 23:13 WIB.
Diginex Limited has extended the Long Stop Date for its proposed acquisition of Resulticks from October 30 to November 19, 2026, allowing more time to meet closing conditions. The company also announced an extraordinary general meeting on November 20...
Tether has established one of the world's largest Bitcoin mining operations, partnering with others and open-sourcing its mining framework. CEO Paolo Ardoino highlighted the 10-minute Bitcoin block interval as beneficial for remote areas, enabling fi...
Pi Network will hold its first online Ecosystem Summit from November 17 to 19, featuring new developer tools and a $200,000 USDT prize hackathon called Pi Next. The event aims to boost app development and token usage within the Pi ecosystem. Despite ...
After a market decline, a trader opened a 25x leveraged long position on Ether (ETH) covering 20,277 ETH valued at $45.3 million on November 6. This position currently shows $252,000 in unrealized gains. The trader had a strong recent record, with th...
Gnosis Pay disclosed a data breach affecting its consumer card system, exposing customer names, addresses, card numbers, and linked cryptocurrency wallet addresses. The breach was detected on Nov. 3, 2026, and contained within two hours, with the aff...
