Direxion Energy Bear 2X Shares (NYSE: ERY) was trading flat on Friday after a four-day decline saw the ETF retrace 11% off the Sept. 26 high of $51.45.
Yesterday, 4:51 PM
After a horrible 2021 for Cathie Wood, the ARK Innovation ETF (NYSE: ARKK) is down another 59.1% in 2022. High-growth tech stocks have taken a beating as interest rates have spiked, sending ARK Invest ETFs plummeting.
Yesterday, 3:54 PM
The two-year U.S. treasury yield reached 4.167% on Friday. The 10-year U.S. treasury yield hit 3.762%. This allows the yield curve to remain in an inverse relationship, which typically points to a recession.
Yesterday, 11:27 AM
Months after introducing a cryptocurrency exchange-traded fund that has so far failed to attract investors, BlackRock Inc (NYSE:
Cathie Wood Loads Up $12M In Shares Of Software Company Day After It Announced Collaboration With Microsoft
September 29, 9:18 PM
Cathie Wood’s ARK Investment Management bought over 950,000 shares of software-maker UiPath Inc (NYSE:
Volatility In 2022 Made Sure Even Risk-Parity Strategies Don’t Work: This ETF Has Lost Over 28% This Year
September 29, 6:18 AM
Risk-parity strategies that aim to maximize diversification across asset classes appear to have lost their appeal at a time when every asset class has suffered due to persisting global volatility.
September 28, 10:44 PM
Cathie Wood-led Ark Investment Management on Wednesday sold 96,746 shares of Signify Health Inc. (NYSE: SGFY), estimated to be valued at around $2.8 million.
September 28, 10:02 PM
The rout in the financial market resulting from the U.K. government’s spending plan “suggests incompetence,” billionaire investor and founder of Bridgewater Associates, Ray Dalio, said in a series of tweets.
September 28, 5:54 PM
Ark Invest and Cathie Wood have bet on several space-related companies over the years. The ETF company also launched its own space ETF in 2021 to tackle the growing industry.
September 28, 4:05 PM
The SPDR S&P 500 ETF Trust (ARCA: SPY) has faced selling pressure for most of 2022 on continued supply-chain constraints, lingering COVID-19 lockdowns in China and rising inflation concerns.