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In January, the SEC approved the trading of 11 spot Bitcoin ETFs on the 11th. This approval allows investors to diversify their portfolios with crypto exposure without worrying about the complicated issues of custody. Microsoft had overtaken Apple as the most valuable company for the first time since 2021, which may be largely due to its investment in generative AI, including a stake in ChatGPT. The EV sector also faces fierce competition;...
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Hey, mooers! Welcome back to Monthly Buzz!
The new year didn’t start as investors hoped, with bears closing the major indexes red the first week. Stocks and bonds were under pressure as better-than-expected jobs data pushed the rate cut hopes into the second quarter. Stocks rallied in the second week, but the approval of the Spot Bitcoin ETFs was the main focus. A false SEC (Securities and Exchange Commission) tweet led to sharp market swings, bu...
The new year didn’t start as investors hoped, with bears closing the major indexes red the first week. Stocks and bonds were under pressure as better-than-expected jobs data pushed the rate cut hopes into the second quarter. Stocks rallied in the second week, but the approval of the Spot Bitcoin ETFs was the main focus. A false SEC (Securities and Exchange Commission) tweet led to sharp market swings, bu...
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