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2 mins read
US stocks fall as investors brace for aggressive rate hike at this week's Fed meeting
Of the 275 S&P 500 companies that have reported earnings so far, 77% of them have beaten profit est…
Matthew Fox
2 mins read
US stocks crater as the Dow sheds 939 points and Nasdaq notches its worst month since 2008
"Some investors may be hoping for May flowers after these April showers, but historical tendencies …
Phil Rosen
2 mins read
Nasdaq leaps 3% as investors cheer tech earnings and sidestep weak GDP report
Apple and Amazon were set to report results after the closing bell. Meta Platforms' stock pop after…
Carla Mozée
3 mins read
Blue Shield of California is eliminating copays for virtual consultations via telehealth provider Teladoc
Telehealth companies with large footprints that offer a range of virtual care services are in good …
Zoë LaRock
2 mins read
Work-from-home darling Zoom just saw its stock tumble back to pre-COVID levels. Here are 6 other remote-era favorites that have seen valuations tank
Hypergrowth technology companies that had little-to-no profits but were seen as key to enable a wor…
Matthew Fox
2 mins read
Ark Invest's 54% decline mirrors the trajectory of the Nasdaq as the dot-com bubble burst and data suggests more downside is coming, DataTrek says
"The selloff of these types of names could be exacerbated by geopolitical shocks or tensions as we'…
Matthew Fox
2 mins read
The Mormon Church's $52 billion stock fund bought Tesla and trimmed legacy automakers Ford and General Motors last quarter
The more than 50-year-old fund has over $100 billion in assets when including its timberland and he…
Matthew Fox
2 mins read
Ark Invest buys Tesla stock for the first time in 8 months after earnings report erases $109 billion in EV maker's market value
Tesla remains Ark Invest's top position, with a combined market value of $1.23 billion across all o…
Matthew Fox
2 mins read
Cathie Wood sounds the alarm on risk of US recession and 'serious slowdown' in China
A flattening of the yield curve in the US may be signaling a coming recession and lower inflation, …
Natasha Dailey
2 mins read
2 reasons why now is not the time to buy the dip in beaten-down innovation stocks championed by Ark Invest, according to DataTrek
"We don't think we are in a market that is ready to cycle back into speculative tech," DataTrek Res…
Matthew Fox
3 mins read
Teladoc's Q2 earnings illuminate telemental health's strengths and possible threats
Growth in telemental health visits is outpacing other telemedicine use cases - signaling the sector…
Zachary Hendrickson,Zachary H…
3 mins read
10 things before the opening bell
The Great Resignation continues on with new job data, Goldman Sachs named their top stock picks for…
Phil Rosen
2 mins read
Cathie Wood's flagship Ark ETF slides 7% amid interest rate spike as underperformance spills into 2022
The damage in Ark's portfolio is widespread, with only three of its 45 holdings in the green over t…
Matthew Fox
2 mins read
10 things before the opening bell
The best and worst performing stocks of the year, how to manage taxes on crypto gains, and ProShare…
Phil Rosen
2 mins read
10 things before the opening bell
Cathie Wood's stock picks for 2021, the top fund managers of the year, and how Colin Kaepernick's S…
Phil Rosen
2 mins read
Cathie Wood's prediction for a 20% gain in 2021 sours as Ark's flagship fund sees worst return since inception
The flagship ARK Innovation ETF is on track to lose more than 20% in 2021, while the S&P 500 is up …
Matthew Fox
2 mins read
These are the 10 most beaten-down stocks in Ark Invest's flagship fund as momentum fades for innovative tech bets
Investors in Ark Invest's flagship portfolio have seen the ETF fall 24% year to date while the S&P …
Matthew Fox
2 mins read
Cathie Wood says innovation stocks in Ark's portfolio are in 'deep value territory' and predicts monster returns of over the next 5 years
"If our research is correct, then our strategies will triple to quintuple in value over the next fi…
Matthew Fox
2 mins read
Cathie Wood defends her beaten-down portfolio and estimates Ark fund's returns will quadruple in the next 5 years
"Our 5-year compound annual rate of return expectation has gone from 15% at the peak in March to ne…
Matthew Fox
2 mins read
Cathie Wood's flagship Ark fund plummets 7% as tech sell-off deepens
Benefitting from Wood's ETF slump, however, is the Tuttle Capital Short Innovation ETF, which launc…