Retail traders aren’t giving up on ‘SLV’ even after silver’s plunge

Retail traders aren’t giving up on ‘SLV’ even after silver’s plunge

Retail traders stuck by their favored silver play, even after an enormous reversal for the precious metal. Mom-and-pop investors aggressively bought the dip in the iShares Silver Trust (SLV) on Friday, according to Ashwin Bhakre, analyst at market research firm VandaTrack. That confirmed a broader trend of individual traders piling into the silver-focused fund, highlighted…

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Investor Joe Terranova likes Merck despite move to lower Januvia price

Investor Joe Terranova likes Merck despite move to lower Januvia price

Merck could still be a winning stock, despite the pharmaceutical company’s recent move to reprice one of its medications, Virtus Investment Partners chief market strategist Joe Terranova told CNBC’s ” Halftime Report ” on Monday. Terranova suggested he is still bullish on the stock, even after the firm agreed last year to reduce the price of diabetes…

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Elon Musk’s SpaceX acquiring AI startup xAI ahead of potential IPO

Elon Musk’s SpaceX acquiring AI startup xAI ahead of potential IPO

A SpaceX Falcon Heavy rocket carrying the National Oceanic and Atmospheric Administration’s (NOAA) weather satellite Geostationary Operational Environmental Satellite U (GOES-U) lifts off from Launch Complex 39A at NASA’s Kennedy Space Center, Florida, June 25, 2024.  Miguel J. Rodriguez Carrillo | AFP | Getty Images Elon Musk is combining rocket maker SpaceX with his artificial…

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