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…
