• Mar 18, 2025

Wall Street’s Derivatives-ETF Craze Amps Up on Record 71 Filings

(Bloomberg) -- A pioneer of the $100 billion derivatives-powered ETF market has filed for more than 70 new funds in one go, in a bet that amped-up investment products will boom anew despite fears of industry overcrowding and investor exhaustion.Most Read from BloombergHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Resid

  • Mar 18, 2025

Tesla (TSLA) Stock Trades Down, Here Is Why

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 6.3% in the morning session after the EV battle in China continued to heat up as BYD announced its new "Super e-Platform," a technology it claimed could charge electric vehicles in just five minutes. The company added that the new technology had a peak charging speed of 1,000 kilowatts. To put it in perspective, Tesla's latest superchargers maxed out at 500 kilowatts (at the time BYD announced the Super e-Platform), so BYD's tech would

  • Mar 18, 2025

Fearing DOGE Cuts, Consultants Try to Woo the Man in Charge of Their Federal Contracts

(Bloomberg) -- Executives at the US’s biggest management consulting firms are trying to shield tens of billions of dollars in federal contracts from scorched-earth spending cuts by the Trump administration.Most Read from BloombergHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesOne of their

  • Mar 18, 2025

JPMorgan Stock Traders Score Windfall as Trump Jolts Market

(Bloomberg) -- A chaotic run in stock markets is unleashing a windfall for banks’ equities traders.Most Read from BloombergHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesJPMorgan Chase & Co. is on track to boost revenue from equities trading by more than 30% this quarter from a year earli