See where everyday investors bought in over the last week.
Everyday investors made eye-catching bets within big technology and other popular stocks this past week. Retail traders bought billions of dollars worth of cash equities over the past week on net, according to data compiled by JPMorgan's Peng Cheng. The biggest recipients include some underperforming megacap technology names, as well as a handful of other well-known equities.
By comparison, investors bought more than half a billion dollars of Alphabet when accounting for outflows. Neither tech stock made the list of top 25 securities by retail net inflows in the previous week. Outside of big tech, Cheng noted that retail investors snapped up shares of beat-down Boeing , which is facing a crisis surrounding its 737 Max 9s after a door panel blew out midflight.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retail giant blames NYC subway crime for breaking lease for shops at FiDi stationWestfield, the company that manages the retail space inside Fulton Transit Center, gave notice last month of plans to break it's lease over concerns about crime in the subway, the MTA said.
Read more »
Bitcoin (BTC) Sees Massive 277K New Retail HODLers, Why Sentiment ShiftedNew influx of retail traders making their way into Bitcoin network amid price rally explosion
Read more »
Knock-offs of San Antonio and Texas retail brands keep popping up in MexicoLast year, a Mexican entrepreneur's knockoff version of iconic Texas truck-stop brand Buc-ee's, which he dubbed 'BUK-II's,' went viral on social media. Much like the original, the south-of-the-border retail spot even featured a logo of a gopher wearing a red baseball cap.
Read more »
US Dollar trades with mild losses ahead of Retail Sales data, Treasury yields continue to riseThe US Dollar Index (DXY) exchanges hands at 102.80, recording mild losses.
Read more »
Canadian Dollar recovers ground on Wednesday as markets await US PPE and Retail SalesThe Canadian Dollar (CAD) found some room on the upside at the midweek inflection point as investors await Thursday’s US Producer Price Index (PPI) and Retail Sales figures.
Read more »
US Retail Sales Preview: Forecasts from six major banks, consumer spending likely bouncedThe US Census Bureau will release the February Retail Sales report on Thursday, March 14 at 12:30 GMT and as we get closer to the release time, here are the forecasts of economists and researchers of six major banks regarding the upcoming data.
Read more »