The S&P 500 is set to see $1.8 trillion worth of options contracts expire on June 19. The third-largest non-December options expiration date in history could fuel massive volatility in the market. Rising trading activity among Robinhood traders and positive comments from Moderna CEO Stephane Bancel can also add to the volatility. The S&P 500…
Category: Unprecedented
Crypto, Unprecedented, Volatility
growth, TechCrunch, Unprecedented
Acorns, which helps millions of people invest their spare change in the stock market, has laid off between 50 to 70 people, TechCrunch has learned from multiple sources. The Irvine, Calif.-based company would not confirm the total number of people laid off, but did confirm that there were cuts at the company as a result…
Crypto, Prices, Unprecedented
A satellite image shows an apparent drone strike on an Aramco oil facility in Abqaiq, Saudi Arabia September 14, 2019. | Image: Planet Labs Inc/Handout via REUTERS Oil prices skyrocketed in early futures trading on Monday, as Saudi Arabia rushed to restore lost output following a weekend attack on the kingdom’s production fields. The attack,…