Investors are piling into Magnificent Seven stocks as most of the group prepares to report third-quarter earnings. The Roundhill Magnificent Seven ETF (MAGS) has continued to attract inflows this month, and the next few weeks will be crucial. The fund has climbed to $72.41, up 32% from its lowest level this year. MAGS ETF inflows […]

Tesla stock (NASDAQ: TSLA) rose 3.6% in Monday afternoon trading after Elon Musk said the company’s Optimus humanoid robot and Cybercab autonomous vehicle would account for the vast majority of its future value. The comments come ahead of Tesla’s third-quarter earnings release on Wednesday, October 21, when investors will be looking for evidence that its […]

Global markets face inflation pressures, central bank divergences, Middle East energy supply disruptions, and tech sector turbulence affecting risk assets. Persistent Inflation Pressures and Central Bank Policy Divergence Recent economic data has confirmed that the inflation tightness building since the summer is far from transient. Hotter-than-expected US Consumer Price Index (CPI) and Producer Price Index […]