Stockpicking funds suffer record $450bn of outflows

Shares of uranium and rare earths miner Energy Fuels (NYSEMKT: UUUU) rose by 13.8% on Tuesday, driven by positive news. The company reported record monthly uranium production from one of its operational mines in May, and Meta Platforms (NASDAQ: META) signed a 20-year nuclear agreement with Constellation Energy (NASDAQ: CEG) to power its AI data centers, enhancing optimism for future uranium demand. These developments collectively contributed to the significant increase in Energy Fuels' stock price....

Shares of Nvidia (NASDAQ: NVDA) surged 24.1% in May, as reported by S&P Global Market Intelligence. The increase was driven by a significant rally in technology stocks following eased tariff tensions between the U.S. and China, which coincided with Nvidia's earnings beat late in the month; however, the post-earnings gain represented only a fraction of the overall May increase. Additionally, the Trump administration's agreements for substantial AI chip sales to the United Arab Emirates and...

The cryptocurrency market's loose regulations have led to the rise of meme coins, which often lack real-world utility but attract investors due to their humorous nature or associations with popular culture. Dogecoin (CRYPTO: DOGE), the original meme coin created as a joke, has seen its price increase by over 50,000% since 2014, despite its recent decline to under $0.20 after peaking at over $0.46 in late 2024. With Bitcoin reaching new highs, investors are considering...

Nvidia (NASDAQ: NVDA) is poised to challenge Microsoft for the title of the world's most valuable company, with CEO Jensen Huang highlighting four key artificial intelligence (AI) growth drivers that could propel Nvidia to a $5 trillion market cap. During the first-quarter earnings call, Huang emphasized the advancements in reasoning AI, which solves problems methodically and is essential for developing advanced AI agents, known as "super agents," that utilize various tools collaboratively. These breakthroughs indicate...

In a time of market uncertainty due to the Trump administration's tariffs and trade wars, Warren Buffett advises investors to be "greedy only when others are fearful." While many investors remain cautious, this may present an opportunity to invest in long-term winners. The article highlights three favorite stocks: MercadoLibre (NASDAQ: MELI), Amazon (NASDAQ: AMZN), and Ferrari (NYSE: RACE). Full Article

Many investors aim to build a dividend-paying portfolio to fund their retirement, allowing them to live off dividends while preserving their principal investment for heirs or charity. However, constructing a quality dividend stock portfolio can be challenging, but there's an ETF that simplifies this process. By investing early and consistently, you could potentially amass a portfolio worth over $850,000, generating around $30,000 in annual dividends by retirement. Full Article