Over the years, Ark Invest CEO Cathie Wood has been a vocal supporter of the cryptocurrency sector. Ark Invest has included several crypto-friendly companies among big ETF holdings.
The company is rolling out new crypto investment funds, but they might not be readily available to everyone.
Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) gapped up 3.4% higher on Wednesday, where the ETF ran into a group of sellers who knocked it down over 4% from the open.
Recent economic indicators in the United States point to an increased risk of a recession, encouraging many traders to anticipate a more rapid Federal Reserve policy shift.
The Direxion Financial Bear 3X Shares ETF (NYSE: FAZ) was surging over 10% higher on Monday, with continued bullish momentum following the recent collapse of SVB Financial Group and Signature Bank, which has investors
Regional banks have been in the spotlight after the collapse of SVB Financial (NASDAQ: SIVB) last week. Many of the regional bank stocks began Monday trading down by double digits.
Net interest margin (NIM) is a measure of profitability used to evaluate how much money a financial institution makes from the difference between the interest income it earns on its assets and the interest it pays out to its lenders (such as depositors and bondholders) for its liabilities.
SVB Financial Group (NASDAQ: SIVB)-owned Silicon Valley Bank — which was shut down by California regulators Friday and taken over by the Federal Deposit