The U.S. retail investor index posts its largest drop since Trump's tariffs.
ChainCatcher news, according to Golden Ten Data, on Tuesday the Retail Favorites Index fell by 3.6%, marking the largest drop since April 10 and about three times the decline of the S&P 500 Index. This drop was mainly driven by Palantir's disappointing earnings report and "The Big Short" prototype Michael Burry disclosing short positions in both Palantir and Nvidia. In addition, the sharp plunge in bitcoin has further increased pressure on individual investors. The index, compiled by Goldman Sachs, includes stocks such as Palantir and Tesla.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Client nodes, console, and API were not modified; Chainstack discloses attacker used the ARTEX framework
Elon Musk changes his stance! Tesla (TSLA.US) delays Cybertruck production halt to late summer 2027, just two days after suggesting “refund deposits”
Elon Musk stated that Cybertruck production will be extended until late summer 2027 to clear the order backlog, and Tesla's stock price rose by about 4%.
Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation
Toichiro Asada, a member of the Bank of Japan's Policy Board, stated that the central bank needs to remain cautious and closely monitor the impact of rate hikes on the economy, as rising interest rates pose the risk of suppressing the inflation trend.
Crypto prices
More
