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 »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 »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 »The Bitcoin bubble could be bursting. It’s a headwind for some high-flying action.
Text size Bitcoin has dropped 10% in 24 hours. Dream time A bear market may be forming in Bitcoin, which could contribute to the sell off of some high-yielding stocks, if not …
Read More »The Bitcoin bubble could be bursting. It’s a headwind for some high-flying action.
Text size Bitcoin has dropped 10% in 24 hours. Dream time A bear market may be forming in Bitcoin, which could contribute to the sell off of some high-yielding stocks, if not …
Read More »Restaurant software provider toast prepares for IPO
Toast Inc. is planning an initial public offering that could value the restaurant software provider at around $ 20 billion, people familiar with the matter said. Toast turned to Goldman Sachs Group …
Read More »PayPal agrees to buy European Fintech Startup iZettle for about $ 2.2 billion
PayPal Holdings Inc. agreed to buy European financial technology startup iZettle AB for about $ 2.2 billion, a move that would catapult the US digital payment giant into hundreds of thousands of …
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