May typically marks a period of weaker returns for US stocks, known as the 'go away' six-month period. However, recent years have seen May act as a strong follow-up to the October-April period, which historically performs well. This May, the S&P 500 has gained 5%, positioning it for its first-ever three consecutive years of 4% or more gains in May. This trend highlights a potential shift in seasonal market behavior that investors should watch.
The US Central Command disabled a fifth commercial vessel, the M/V Lian Star, by firing a Hellfire missile into its engine room after it ignored warnings while heading to an Iranian port. This action is part of the ongoing US naval blockade of the St...
Elon Musk's SpaceX aims to launch one million AI data center satellites by 2028 using the Starship rocket, but experts warn this could cost around $2 trillion, equal to SpaceX's projected IPO valuation, risking a financial collapse. While SpaceX has ...
Stellar (XLM) surged 40.43% in 24 hours, breaking a multi-month downtrend and reaching $0.2862 with a $9.62 billion market cap. The rally was supported by a 33.85% volume increase and a 10.89% rise in derivatives Open Interest, signaling strong trade...
The Nicholas Global Equity and Income ETF (GIAX) provides a 24% starting yield with weekly income distributions by using a global call spread strategy on indices. However, GIAX tends to underperform in strong bull markets due to limited upside captur...
BNB and Aster tokens surged by double digits as Binance prepares to unveil a new product on June 1. Speculation centers on Binance potentially launching a dual-track US equities platform, including traditional stock trading via brokers and tokenized ...
