Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li><a href="https://markets.businessinsider.com/stocks/jpm-stock">JPMorgan</a> is selling an investment product that allows clients to augment their bets on high-flying tech stocks.</li><li>The notes track three exchange-traded funds from <keyword id="4470715" type="PERSON" weightage="60" keywordseo="ark-investment-management">Ark Investment Management</keyword> leveraged 1.5 times over a six-year period, <a href="https://www.bloomberg.com/news/articles/2020-12-14/jpmorgan-offers-you-only-live-once-trade-to-bet-on-ark-etfs?srnd=markets-vp">Bloomberg reported on Monday</a>.</li><li>The underlying ETFs have all rallied at least 150% in 2020. Two reaped the benefits of Tesla's 660% year-to-date surge.</li><li>The product's rollout comes as investors shift out of tech stocks and into cyclical sectors amid hopes that a vaccine will fuel a recovery.</li><li><a href="https://www.businessinsider.com/?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingestutm_source=msn.com&amp;utm_medium=referral&amp;utm_content=msn-slideshow&amp;utm_campaign=bodyurl?utm_source=markets&amp;utm_medium=ingestts&amp;utm_medium=ingest">Visit Business Insider's homepage for more stories</a>.</li></ul>Tech stocks have led the stock market to several record highs in 2020. <a href="https://markets.businessinsider.com/stocks/jpm-stock">JPMorgan</a> thinks investors want to double down on the sector.The bank is letting investors in on a new trade that amplifies bets on three tech-focused exchange-traded funds, <a href="https://www.bloomberg.com/news/articles/2020-12-14/jpmorgan-offers-you-only-live-once-trade-to-bet-on-ark-etfs?srnd=markets-vp">Bloomberg reported on Monday</a>. The product tracks three ETFs from Ark Investment Management leveraged 1.5 times over a six-year period. <keyword id="44660" type="CITY" weightage="60" keywordseo="JPMorgan">JPMorgan</keyword> has already sold $589,000 worth of the notes.The funds - Ark's <a href="https://markets.businessinsider.com/etfs/ark-innovation-etf-us00214q1040">Innovation</a>, <a href="https://markets.businessinsider.com/etfs/ark-genomic-revolution-etf-us00214q3020">Genomic Revolution</a>, and <a href="https://markets.businessinsider.com/etfs/ark-next-generation-internet-etf-us00214q4010">Next Generation Internet</a> ETFs - are among the year's best performers. Large stakes in Tesla boosted the Innovation and Next Generation Internet funds in 2020, as the automaker's shares have rallied more than 660% through the year.The Genomic Revolution <keyword id="6357062" type="DEFINITION" weightage="60" keywordseo="ETF">ETF</keyword> is up 194% year-to-date. The Innovation and Next Generation Internet ETFs have rallied 154% and 153%.Read more: <a href="https://www.businessinsider.com/stock-picks-to-buy-2021-best-growth-value-investing-jpmorgan-2020-12" target="_blank" rel="noopener">JPMorgan unveils its 50 'most compelling' stock picks to buy for 2021 - and details why each one will be a top performer</a>JPMorgan debuted the product as investors begin to rotate out of tech stocks. The sector's insulation from the virus fallout led them to outperform through much of the year, but hopes that a vaccine will fuel a recovery in 2021 have prompted mass shifts into value stocks and previously neglected sectors. A prolonged rotation could drag tech stocks lower and weigh heavily on the new product's gains.The <keyword id="536170" type="ORGANIZATION" weightage="60" keywordseo="structured-products">structured products</keyword> also track only the worst-performing of the three ETFs, meaning one's plunge would cancel out any gains across the other two funds. Still, those holding the notes are protected against the first 20% decline in any of the ETFs, Bloomberg reported.The three Ark ETFs trade under the tickers <keyword id="10433060" type="UNKNOWN" weightage="60" keywordseo="arkk">ARKK</keyword>, <keyword id="10433058" type="UNKNOWN" weightage="60" keywordseo="arkw">ARKW</keyword>, and <keyword id="10433059" type="UNKNOWN" weightage="60" keywordseo="arkg">ARKG</keyword>. Though all three broadly track tech themes, the Genomic Revolution fund focuses on innovations in healthcare, including Crispr, gene editing, and agricultural biology.Read more: <a href="https://www.businessinsider.com/investing-strategy-gmo-asset-allocation-head-profiting-from-growth-bubble-2020-12" target="_blank" rel="noopener">'We are very confident that the stupid is currently alive and well in this market': Jeremy Grantham's heir apparent Ben Inker breaks down how GMO plans to profit from the growth bubble through a new long/short equity strategy</a>

JPMorgan rolls out a supercharged tech trade designed to amplify gains in stocks like Tesla, report says

Hello everyone! Welcome to this weekly roundup of stories from Insider from Business co-Editor in Chief Matt Turner. <a href="http://newsletter.businessinsider.com/join/4np/insider-weekly">Subscribe here to get this newsletter in your inbox every Sunday.</a>Read on for more on <a href="https://www.businessinsider.com/will-anyone-hire-white-house-comms-staff-2021-1">Trump administration staffers getting snubbed while hunting for jobs</a>, <a href="https://www.businessinsider.com/cathie-wood-shares-2021-outlooks-on-tesla-economy-bitcoin-ark-2021-1">Cathie Wood's predictions for 2021</a>, and <a href="https://www.businessinsider.com/post-caliphate-reckoning-at-the-new-york-times-podcasts-2021-1">tension at The New York Times</a>.Read time: 5 minutes. Hello!The US developed coronavirus vaccines in record time last year.But as Hillary Brueck reported this weekend, the process of getting those shots into people's arms is going horrendously slow - just as more Americans are dying from the virus than ever before. As she reported:There are promising signs that this vaccine drive is going to accelerate soon. But the delay has already caused thousands of deaths, and it will be a challenge to come back from.Read the full story here:<ul><li><a href="https://www.businessinsider.com/why-the-us-vaccine-rollout-is-a-disaster-what-next-2021-1">Why America's vaccine rollout was a total disaster - and what it means for the next few months</a></li></ul><h2><keyword id="3798493" type="PERSON" weightage="60" keywordseo="trump-administration">Trump administration</keyword> staffers are getting snubbed</h2>From Claire Atkinson and Sean Czarnecki:Former White House staff can usually walk into top jobs after years of dealing with some of the toughest crises in government. But as businesses begin to shun Trump enterprises, the group leaving 1600 Pennsylvania Ave. is already <a href="https://www.businessinsider.com/dont-hire-former-trump-officials-forbes-editor-warns-businesses-2021-1">getting the cold shoulder</a>.One public-relations recruiter told Insider they had received inquiries from at least 15 people from the White House looking for jobs. The recruiter took on six people as clients, but none were able to even secure an interview with corporations they had applied to."It's just very hard," the recruiter said. "You're supposed to put anyone in front of a job that has the credentials. Morally, it's hard for people to want to work with them." Read the full story here:<ul><li><a href="https://www.businessinsider.com/will-anyone-hire-white-house-comms-staff-2021-1">Trump administration staffers are getting snubbed while hunting for jobs. One recruiter tried to place 6 of them and couldn't land any interviews.</a></li></ul>Also read:<ul><li><a href="https://www.businessinsider.com/how-silicon-valley-banished-donald-trump-in-48-hours-2021-1">How Silicon Valley banished Donald Trump in 48 hours</a></li><li><a href="https://www.businessinsider.com/capitol-riot-custodial-staff-cleanup-janitors-maga-trump-white-supremacists-2021-1">'It was degrading': Black Capitol custodial staff talk about what it felt like to clean up the mess left by violent pro-Trump white supremacists</a></li><li><a href="https://www.businessinsider.com/secret-service-agents-testify-trump-criminal-courts-nixon-clinton-lewinsky-2021-1">Trump's Secret Service detail could be subpoenaed to testify against him in criminal proceedings and former agents are stressed about it</a> </li></ul><h2>Cathie Wood's predictions </h2><div type="image" title="Cathie Wood" height="1335" width="1780" msid="80318059" hostid="261"></div>From Vicky Ge Huang:By all accounts, Cathie Wood's ARK Invest had a blockbuster year. The innovation-focused asset manager's $21.5 billion <a href="https://markets.businessinsider.com/etfs/ark-innovation-etf-us00214q1040">Ark Innovation ETF</a> (ARKK), $6 billion <a href="https://markets.businessinsider.com/etfs/ark-next-generation-internet-etf-us00214q4010">ARK Next Generation Internet ETF</a> (ARKW), and $9.4 billion <a href="https://markets.businessinsider.com/etfs/ark-genomic-revolution-etf-us00214q3020">ARK Genomic Revolution ETF</a> (ARKG) returned 153%, 157%, and 181%, respectively while all beating 99% of their category peers, according to Morningstar data. Those incredible gains have helped ARK rake in over $20 billion in less than four months, bringing the firm's total assets under management to <a href="https://markets.businessinsider.com/news/stocks/cathie-wood-retains-majority-ownership-ark-invest-after-bid-control-2020-12-1029921823">$50 billion</a> in mid-December from <a href="https://www.businessinsider.com/tesla-stock-sale-why-to-buy-retail-investors-tasha-keeney-2020-9">$28.4 billion</a> in early September. To be sure, ARK's shot to fame made such a splash last year that some investors are skeptical about whether the firm can continue its impressive streak. However, Wood appeared unperturbed in a Tuesday markets update webinar. "The V-shaped recovery that we've been talking about for quite some time might have experienced a little bit of a wobble in some of the statistics coming out these days," she said, referring to the <a href="https://www.businessinsider.com/december-jobs-report-140000-payrolls-lost-unemployment-rate-coronavirus-recession-2021-1">surprise payroll decline</a> in December. "But it was all leisure, hospitality, and more small business-oriented."While the V-shaped recovery may be somewhat subdued, Wood sees "explosive earnings" ahead, propelled in part by potential bipartisan action on <a href="https://www.businessinsider.com/senate-democrats-biden-stimulus-infrastructure-legislation-package-sanders-2021-1">infrastructure</a>, <a href="https://www.businessinsider.com/stocks-to-buy-healthcare-tech-companies-turbocharged-by-covid-19-2020-11">healthcare</a>, and <a href="https://www.businessinsider.com/investing-strategy-green-stocks-esg-decade-long-mania-marko-papic-2021-1">clean energy</a>. Read the full story here:<ul><li><a href="https://www.businessinsider.com/cathie-wood-shares-2021-outlooks-on-tesla-economy-bitcoin-ark-2021-1">Cathie Wood's ARK Invest runs 5 active ETFs that more than doubled in 2020. She and her analysts share their 2021 outlooks on the economy, bitcoin, and Tesla.</a></li></ul>Also read:<ul><li><a href="https://www.businessinsider.com/stock-picks-to-buy-battery-lithium-suppliers-tesla-electric-vehicles-2021-1">Global X's lithium and battery ETF returned 126% in 2020 as electric vehicle-driven demand surged. One of the firm's analysts shared 4 stocks he sees 'leading the rise' in the industry going forward.</a></li><li><a href="https://www.businessinsider.com/spac-investing-strategy-arbitrage-ipos-to-watch-julian-klymochko-2021-1">Julian Klymochko wakes up at 4:30 a.m. to manage an ETF that seeks to profit from the SPAC boom. The investing chief breaks down how the strategy works and shares 2 new SPACs on his radar.</a> </li></ul><h2>Tension at The New York Times</h2><div type="image" title="Dean Baquet" height="1666" width="2500" msid="80318060" hostid="261"></div>From Steven Perlberg:The unraveling of The New York Times' "Caliphate" podcast has been a major black eye for the paper's prestigious and lucrative audio unit, unleashing a wider reckoning within the paper.Several Times staffers told Insider there was a growing feeling inside the broader newsroom that the institution mishandled the fallout and had not held enough people accountable.Meanwhile, The Times' in-house standards team is cracking down on practices like the use of anonymous sources. "They are clamping down on everything and making everyone's life hard," one Times reporter said.The incident, in which The Times was duped by the source who underpinned the narrative in the "Caliphate" story, marked an enormous embarrassment for an audio division that has become the envy of the <keyword id="6354777" type="COMPANY" weightage="100" keywordseo="Media">media</keyword> industry thanks to "The Daily," the paper's flagship podcast hosted by Michael Barbaro.Read the full story here:<ul><li><a href="https://www.businessinsider.com/post-caliphate-reckoning-at-the-new-york-times-podcasts-2021-1">New York Times insiders say tensions are still simmering over its response to the 'Caliphate' disaster, and it reveals the internal politics of its red-hot audio business</a></li></ul>Also read:<ul><li><a href="https://www.businessinsider.com/potential-major-media-deals-in-2021-vice-ipo-warner-nbcu-2021-1">Media could be rocked by major deals in 2021 - including a merger of WarnerMedia and NBCUniversal and takeover of MGM</a></li><li><a href="https://www.businessinsider.com/james-murdoch-son-of-fox-news-boss-rupert-outlets-peddle-lies-2021-1">James Murdoch, son of Fox News mogul Rupert Murdoch, said news outlets that promoted 'lies' are to blame for US Capitol riot</a> </li></ul><h2>ICYMI: GitHub facing employee backlash</h2>From Rosalie Chan:Microsoft-owned GitHub is facing employee backlash after a Jewish employee was terminated. The employee was fired two days after suggesting in an internal chat room there were "Nazis" among the US Capitol rioters.Employees circulated an internal letter with about 200 signatures on Monday asking the company to denounce white supremacy and Nazis and demanding answers about the termination.Read the full story here:<ul><li><a href="https://www.businessinsider.com/microsoft-github-backlash-jewish-employee-termination-2021-1">GitHub is facing employee backlash after the firing of a Jewish employee who suggested 'Nazis are about' on the day of the US Capitol siege</a></li></ul><h2>INVITE: How to invest in real estate in 2021</h2>We're mapping the road ahead for real estate in 2021, including which towns, cities, and states to watch, how to navigate high home prices and low mortgage rates, and why Americans' housing preferences are shifting as a result of the pandemic. On January 20 at 1 PM ET, Libertina Brandt will moderate a panel on how to invest in real estate in the coming year, featuring R. Donahue Peebles, founder, chairman and CEO of the Peebles Corporation, and Daryl Fairweather, Redfin's chief economist.<a href="https://www.businessinsider.com/how-to-invest-in-real-estate-this-year-2021-1">Sign up here.</a>Also read:<ul><li><a href="https://www.businessinsider.com/real-estate-investing-where-to-buy-now-for-best-returns-2021-1">7 cities real-estate investors should target in 2021, from the 'clever investor' who went from $30,000 in debt to flipping over 1,000 houses</a></li></ul>Here are some headlines from the past two weeks that you might have missed.- Matt<a href="https://www.businessinsider.com/sofi-spac-fintech-filing-student-debt-chamath-palihapitiya-2021-1">5 big revelations in SoFi's plans to go public, including how the fintech is thinking about the future of student debt and the importance of a bank charter</a><a href="https://www.businessinsider.com/list-top-cannabis-startups-in-2021-according-to-vcs-2021-1">Here are the 26 hottest cannabis startups that are set to take off in 2021, according to top investors</a><a href="https://www.businessinsider.com/instagram-presentation-shows-posting-advice-for-influencers-creators-2021-1">Leaked slides from a recent Instagram presentation reveal the advice it's giving to creators on what to post</a><a href="https://www.businessinsider.com/full-list-of-names-morgan-stanley-2021-managing-director-promotions-2021-1">Morgan Stanley just promoted 171 people to managing director. Here's a breakdown of the latest class.</a><a href="https://www.businessinsider.com/the-29-most-powerful-executives-at-ad-giant-publicis-groupe-2021-1">Meet the top executives leading advertising giant Publicis' turnaround as it takes on rivals WPP and Omnicom</a><a href="https://www.businessinsider.com/pitch-deck-tencent-backs-insurance-startup-clark-85-million-2021-1">Here's the pitch deck finance startup Clark used to persuade Chinese tech giant Tencent to lead its $85 million round</a><a href="https://www.businessinsider.com/walmart-is-quietly-starting-a-venture-to-guide-healthy-shopping-2021-1">Walmart is working on a stealth health-tech venture that could change how you shop</a><a href="https://www.businessinsider.com/robinhood-lawyers-lawsuit-legal-sec-regulations-fintech-claims-trading-app-2021-1">Robinhood has beefed up its legal firepower with these 11 lawyers as it eyes a blockbuster IPO, including SEC veterans and a Goldman Sachs in-house counsel</a>

You Searched For "arkg" and got 2 results

JPMorgan rolls out a supercharged tech trade designed to amplify gains in stocks like Tesla, report says

Ben Winck

Trump administration staffers are getting snubbed while hunting for jobs

Matt Turner

Popular Keywords

Buying Guides