Tech Rebounds and 24/7 TradingToday's market sizzle: Tech giants rally, innovative ETFs debut, and NYSE eyes round-the-clock trading.Hey there, Josh here from sunny Miami, FL! Ever tried to get your kid's attention when they're deep into their phone? Well, schools are feeling your pain. They're pushing to ban phones to keep students focused and lower misbehavior, but parents aren't buying it—they want to stay just a call away. Let's delve into this modern tug-of-war between focus and connection. Safe Bet ETFs Promise No Losses, Limited GainsCalamos is starting new ETFs with a special offer. They promise no loss at all. But, your gains are limited too. You must keep your money in for a whole year to get this deal. This starts on May 1, 2024. You buy it that day and keep it until April 30, 2025. These ETFs will copy big indexes like the S&P 500 but won't lose value. They do this by trading different options. This is to stay safe even if the market drops. But, these funds won't rise as much as others might. They're safer, so you won't make as much money. This is good for older folks who need to keep their money safe as they near retirement. Matt Kaufman from Calamos says these funds are good now because of how the economy is doing. They plan to make more funds like this soon. Tech Titans Battle to Recover from $1 Trillion PlungeBig tech companies just had a rough week. They lost almost $1 trillion in value. This week, they hope to do better with new earnings reports. The "Magnificent Seven" tech giants dropped a lot in stock value. Microsoft and Nvidia saw big losses. People are watching to see if they can bounce back. Tech stocks have been popular because they grow fast. Experts think they will keep growing this year. But if their earnings are low, their stock prices might drop. This week, companies like Tesla and Microsoft will share their earnings. This will show if tech stocks can recover from their bad week. Rising prices and high interest rates might make things harder for these tech giants. Investors are watching closely. NYSE Considers Switch to Nonstop TradingThe New York Stock Exchange (NYSE) is thinking about letting stocks trade all day and night. This idea comes from how popular 24/7 trading is with cryptocurrencies. A company called 24 Exchange wants to be the first to let people trade stocks anytime. Other companies like Robinhood already let folks trade day and night. The NYSE, which starts and ends trading with a bell, asked people if they'd like the market to stay open 24/7. They also asked how to keep prices stable overnight and how to manage staff for those hours. The idea got big after more people started trading during the Covid-19 pandemic and showed interest in U.S. stocks from other parts of the world. The SEC is still deciding on this change. Today's Top Stories
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Selasa, 23 April 2024
Tech Rebounds and 24/7 Trading
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