Cathie Wood’s New ARK Space Exploration & Innovation ETF ARKX -1.04% It is already on its way to being one of the most successful fund launches in history despite criticism that it …
Read More »Vanguard hits a hiatus in fund ambitions in China
American financial giant Vanguard Group has suspended plans to launch a mutual fund business in China. The Malvern, Pa., Firm told its employees in recent days that it was pausing months of …
Read More »Grab is in talks to go public through a SPAC merger
Grab Holdings Inc. is in talks to go public through a merger with a SPAC that could value the Southeast Asian ride-sharing startup at up to $ 40 billion, making it by …
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 »ARK funds fall into a bear market
Star stock selector Cathie Wood’s top five ETFs fell more than 4% on Friday. Photo: Alex Flynn / Bloomberg News March 5, 2021 11:49 am ET ARK Investment Management LLC’s high-flying exchange …
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 »GameStop, Twilio, Walmart: What to Watch When the Stock Market Opens Today
A lot is happening in the markets this busy Thursday. This is what you need to know. –Stock futures fell after data showed the number of Americans filing for unemployment benefits last …
Read More »Bitcoin is coming to America’s oldest bank, BNY Mellon
Bank of New York Mellon Corp., the oldest bank in the country, is making the leap into the crypto market. The custodial bank said Thursday that it will hold, transfer and issue …
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