APA (APA) closed at $33.03 in the latest trading session, marking a -2.65% move from the prior day. The stock’s change was less than the S&P 500’s daily gain of 1.09%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq appreciated by 1.91%. Prior to today’s trading, shares of the oil and…
If you grew up watching The Jetsons, your idea of the future probably looked something like aerial cars zipping through cities, video-chat, androids, and flat-screen TVs. Surprisingly, reality has caught up to The Jetsons in many ways, yet one of its most iconic technologies — flying cars — largely remains in the realm of science…
Charles Schwab is working with Cboe Global Markets to launch a new type of options contract that would allow customers to make yes-or-no wagers on the performance of the S&P 500, marking the brokerage’s first move into prediction markets, according to a Wall Street Journal report. The feature is expected to roll out to Schwab…
Exchange-traded funds (ETFs) have become immensely popular among investors for their simplicity, diversification, and low expense ratios. However, there’s a hidden expense that’s easy to overlook but can cost you thousands of dollars over time. It’s the tracking error. Here’s a breakdown of what a tracking error is and how you can avoid getting caught…
SpaceX (SPCX +16.34%), the aerospace and AI company founded by Elon Musk, went public at $135 per share on June 12. It opened at $150 and now trades at $180, giving it a market cap of $2.1 trillion and making it the world’s sixth-most-valuable company. But at that valuation, SpaceX trades at 113 times its…
Cash accounts are having a moment, thanks to the decent interest rates they now pay, at long last. But selecting one can be a daunting task given the profusion of choices —from money market accounts to money market mutual funds to a small clutch of newly hatched money market exchange-traded funds. The term money market…
