Cathie Wood’s Ark Invest Liquidates $15.8M Worth Of ProShares Bitcoin Strategy ETF Units
On Tuesday, Cathie Wood-led Ark Invest made a significant move by selling $15.84 million worth of ProShares Bitcoin Strategy ETF (NYSE:BITO) units.
Fed Gov. Waller’s Talk Tempers Rate Cut Hopes: Fed In No Rush, Rattles Investors
Federal Reserve Gov. Christopher J. Waller's recent comments at The Brookings Institution have significantly impacted market expectations regarding interest rate cuts.
US Stocks Drift Lower As Dollar, Treasury Yields Rise, AMD Defies Gravity: What’s Driving Markets Tuesday?
The U.S. stock market resumed its decline on Tuesday following a one-day closure for Martin Luther King Jr. Day. The major indices were all in the red around midday trading in New York as investors continue to monitor corporate earnings season and prospects for future interest rates.
Iran Emerges From Shadows With Direct Strike In Iraq
Iran attacks alleged Israeli espionage base in Iraq, first overt military action in Israel-Hamas conflict; world condemns it; markets little affected.
End Of The Peace Dividend? Stocks That Could Benefit From Higher Defense Spending In 2024
Companies such as Boeing and Lockheed stand to be among the winners of raised spending.
Shell Suspends Red Sea Shipments As Yemen’s Houthi Strikes Intensify: ‘An Attack On The Global Economy,’ Blinken Says
Shell halts Red Sea shipments due to mounting security concerns amid increasing frequency of attacks by Yemen's Houthi rebels, fueling regional tensions.
No Recession In 2024? Institutional Investors Long On Magnificent 7, Small Caps
Investors are confident about no recession in 2024, preferring tech giants, overweight on US equities, and expect Fed rate cuts and corporate earnings.
Red Sea Tensions Escalate: Houthi Assault On US-Owned Gibraltar Eagle Continues To Propel Shipping Stock Rally
The Red Sea remains under the shadow of escalating tensions, with two recent incidents of Houthi strikes on ships.
The Best Bitcoin ETF Commercials: BlackRock, Ark Invest, VanEck, Grayscale Start Marketing Push
Several spot Bitcoin (CRYPTO: BTC) ETF issuers, such as BlackRock Inc (NASDAQ: BLK), Ark Invest, VanEck and Grayscale, are launching TV co
Cathie Wood Piles Into Tesla Stock For Second Straight Day After 2024’s 12% Slide; Week’s Purchases Total $50M
Cathie Wood's Ark Invest reposed its faith in Tesla as it bought the stock for a second straight day on Friday.