Thu, Mar 28, 2024 4:56 PM
US cryptocurrency ETF inflows pick up as bitcoin price recovers
A Flip by Riya Sharma
Last year, a group of the world's largest technology stocks delivered an average return of 112%, far outpacing the 24% return in the S&P 500 index. They were dubbed the "Magnificent Seven.'' The group includes:Nvidia Meta PlatformsAppleMicrosoftAlphabet Amazon Tesla (NASDAQ: TSLA)However, some of those stocks aren't looking so magnificent in 2024.
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Of the 535 members of Congress, 100 bought or sold stocks in 2023, according to options trading platform Unusual Whales. One-third of them outperformed the S&P 500.With FAANG stocks skyrocketing in 2023, you might think representatives and senators loaded up on the widely followed growth stocks. But that wasn't the case. Lawmakers on Capitol Hill were net buyers of only one FAANG stock last year.
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Fool.com contributor Parkev Tatevosian answers if QuantumScape (NYSE: QS) stock is a buy for long-term investors.*Stock prices used were the afternoon prices of April 24, 2024. The video was published on April 26, 2024.Should you invest $1,000 in QuantumScape right now?Before you buy stock in QuantumScape, consider this.
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