Retail investors are breaking records for buying US stocks as some professional investors leave the market, and there is no sign that the inflows from them will stop anytime soon. Emma Wu, global quantitative and derivatives strategist at JPMorgan Chase, says retail investor enthusiasm has reached its highest level on record, surpassing the 2021 Internet celebrity boom.
Intel today announced that after a distinguished career of more than 40 years, Chief Executive Officer Patrick P. Gelsinger is retiring from the company and stepping down from the board of directors, effective December 1, 2024. Intel has appointed two executives, David Zinsner and Michelle Johnston Holthaus, as interim co-CEOs, while the board searches for a new CEO.
On July 9th news, social media personality, entrepreneur and former professional kickboxer Andrew Tate said that although he makes money through cryptocurrency, he can't stand the crypto culture. He criticized the crypto community for only focusing on quick profits, and believes that this culture is naive. He recently promoted a Solana token called $DADDY, and plans to release a detailed video explaining its cryptocurrency plans. Tate also mentioned that bitcoin supporters should focus their ene...