Cathie Wood, Founder of ARK Investment Management Courtesy of ARK Invest Text size ARK Invest’s hot, publicly traded funds suffered a major setback this week. In its worst week since last March, …
Read More »US Treasury Yields Stabilize – WSJ
US government bonds showed signs of stabilizing on Friday, pushing yields lower a day after a chaotic session had triggered them. The yield on the benchmark 10-year Treasury bond stood at 1.459%, …
Read More »NYSE moves to delist Chinese oil company
The New York Stock Exchange said it would delist Cnooc Limited. CEO -2.84% , the Chinese oil company, to comply with an executive order signed by former President Donald Trump that targets …
Read More »DirecTV spin-off from AT&T earns points for strategy, but not financial impact
Text size A DirecTV technician performs an installation in California. Patrick T. Fallon / Bloomberg AT & T’s complex transaction to divest DirecTV and its other pay-TV businesses met with generally positive …
Read More »The SEC is examining Robinhood’s trade arrests and options practices
Text size Wachiwit / Dreamstime The Securities and Exchange Commission is investigating Robinhood’s options practices and its decision to restrict the trading of certain shares at the height of the GameStop mania …
Read More »It has been an epic week for Fisker. This is what Wall Street says.
Text size A Fisker Ocean electric sport utility vehicle. Bridget Bennett / Bloomberg Electric vehicle starting Fisker is having an epic week. A tech stock sell-off, an electric vehicle stock sell-off, new …
Read More »GameStop Resurgence Reinforces New Hedge Fund Reality
Companies in the hedge fund industry unloaded short positions that win when stock prices drop, after a handful of stocks promoted on Reddit and other social media platforms surged in January. They …
Read More »Global markets tumble after rising bond yields
International stocks fell on Friday, following declines in US indices as a sell-off of bonds helped reduce investors’ appetite for high-value stocks. However, US Treasuries rose in price, recovering some of the …
Read More »Bitcoin may weigh in on tech stocks again. Investors must be careful.
“Blame it on Bitcoin” may be a new catchphrase if the tech sector continues to sink. Semiconductor manufacturer Nvidia (ticker: NVDA) was down 8.1%, to $ 532.94, in recent trading amid a …
Read More »US Treasury Yields Rise After Positive Jobs Data
A wave of US government bond sales intensified Thursday, sending yields soaring after new data indicated a strengthened economic recovery and a seven-year Treasury auction met tepid demand. of investors. The yield …
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