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News 2026-08-01 21:13 UTC
The Roundhill Memory ETF (CBOE: DRAM) has staged a cautious rebound in the past few days, moving from this month’s low of $44.4 to $50.3. This rebound happened after Ken Griffin’s Citadel came to the rescue of Leopold Aschenbrenner’s Situational Awareness hedge fund. Citadel beat out rivals Millennium Management and Ja
News 2026-08-01 19:36 UTC
Elon Musk’s net worth continued to plunge this week as shares of his two flagship companies, Tesla (NASDAQ: TSLA ) and SpaceX (NASDAQ: SPCX ), retreated amid swirling merger speculation, with traders also positioning ahead of SpaceX’s upcoming earnings report. Elon Musk Net Worth is Down $684 Billion From Peak Bloomber
News 2026-08-01 19:14 UTC
The S&P 500 Index made a modest recovery in the last two consecutive days, reaching a high of 7,490, a few points below the all-time high of 7,616. This recovery happened after the Federal Reserve delivered a relatively hawkish interest rate decision. Officials left rates unchanged at 3.50% and 3.75%, with three offici
News 2026-08-01 18:25 UTC
The Nasdaq 100 Index has slumped by over 8% from the year-to-date high as some high-profile artificial intelligence (AI) stocks like Micron (NASDAQ: MU ) and Nvidia (NASDAQ: NVDA ) have slipped. Its sell-off faded this week as the big-tech earnings came in and after the Federal Reserve left interest rates unchanged. Th