Trump Media surges after expansion into financial services including crypto and ETFs newsthirst.

This illustration shows an image of President-elect Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, D.C., on Feb. 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media and Technology Group is expanding into financial services, including investment vehicles, the firm announced Wednesday. Shares of the…

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Nvidia’s plunge a difficult lesson for investors betting on single-stock ETFs newsthirst.

Single-stock ETFs betting heavily on Nvidia’s blistering rally plunged overnight, tracking losses in the chip darling’s shares, calling into question the reliability of the investment vehicle. The GraniteShares 2x Long NVDA Daily ETF (NVDL) fell over 33.78% overnight. The Direxion Daily NVDA Bull 2x Shares ETF (NVDU) and T-Rex 2X Long Nvidia Daily Target ETF…

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