Text size A GameStop store in Manhattan Michael M. Santiago / Getty Images GameStop The wild ride of stocks continued Thursday. After cutting a third of its value on Wednesday, the stock …
Read More »Toyota and Honda close U.S. factories as perfect storm disrupts supply chains
Toyota Motor Corp. TM 0.26% , Honda Motor Corp. and Samsung Electronics Co. He said supply chain problems were complicating their businesses as abnormal weather, port blockades and the ongoing impact of …
Read More »Sonos needed to get it up and running
Sonos announced a new speaker this week: a $ 169 device called the Roam. Photo: Sonos March 10, 2021 6:00 am ET The pandemic was a mixed blessing for Sonos, but at …
Read More »Cathie Wood’s ARK face test as tech rally cools
The stock market’s rapid turn against technology and other growth stocks has presented star stock picker Cathie Wood and her firm, ARK Investment Management LLC, the toughest test yet. The firm’s five …
Read More »Technological actions escape the territory of correction
Text size The Nasdaq Composite is down 4% this week. Dream time Tech stocks briefly touched “correction” territory on Friday, as the recent drop in the Nasdaq Composite extended beyond 10%. At …
Read More »Cathie Wood’s ARK investment faces a reckoning as tech trading stalls
ARK Investment Management LLC’s winning bets on disruptive technology companies cemented Cathie Wood’s status as Wall Street’s most popular fund manager since Peter Lynch or Bill Gross. Now those tactics threaten to …
Read More »ARK ETFs were all the rage and competitors emerged. Now they are all falling.
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 »Lyft, Twitter, Cisco, Yelp: What to Watch for When the Stock Market Opens Today
Futures of US stocks rose On Wednesday, when investors pinned their hopes on fresh stimulus from Washington. Futures linked to the S&P 500, the Dow Jones Industrial Average and the high-tech Nasdaq-100 …
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