CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

GameStop stock shows rare resiliency as it rises to longest win streak in more than 4 years

Shares of GameStop Corp. continued to charge higher Friday, to extend the win streak that started nine trading days ago, after they closed at a one-year low. The videogame and consumer electronics retailer’s stock GME, +6.71% charged up as much as 11.1% intraday before paring gains to close up 6.7% at $151.95. It has rocketed … Read more

This fund bailed on techs at the end of the year. Here’s the sector it’s fading now.

What better time to invest in financials than at a time with rampant inflation and a Federal Reserve promising 11 rate hikes over the next two years? That’s not the view at Deuterium Capital, which is expecting a sharp slowdown in the economy. The Deuterium Global Dynamic Allocation Fund is mostly driven by a macroeconomic … Read more

It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks

“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of BlackRock BLK, in his annual letter to shareholders that published Thursday. And in our call of the dayhe closed the door … Read more

The banks to buy are outside the US, even with the Fed eyeing 11 rate hikes, these fund managers say

The Federal Reserve just made its first interest-rate hike in four years and is expecting 11 quarter-point increases this cycle. Loan origination is also rising as consumers burn through the savings accumulated through stimulus checks and extra unemployment benefits. So it’s a great time to load up on financials, right? The surprising answer from managers … Read more