Cathie Wood Loads Up $12M In Shares Of Software Company Day After It Announced Collaboration With Microsoft
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
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.
Cathie Wood Sells $2.8M In Healthcare Stock Buoyed By Amazon-Linked Rumors
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.
Ray Dalio Says UK Operating ‘Like An Emerging Country,’ Spending Plan ‘Suggests Incompetence’
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.
Cathie Wood To The Moon! Ark Invest Loading Up On This Space Company For Its ETFs
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.
Google Trends Data Shows ‘Recession’ Searches Have Soared 355% This Year
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.
Janet Yellen Says US Monitoring UK Developments, Both Countries Share Inflation Woes
U.S. Treasury Secretary Janet Yellen said the United States was monitoring developments in Britain after the government announced a fiscal program that dragged the pound to a record low against the dollar.
‘Big Short’ Investor Michael Burry Says This Could Be The Real Reason Yields Are Rising Despite Deflation Talks
"Big Short" investor Michael Burry has pointed out in his now-deleted tweet that rising yields across the curve despite a widespread prediction that deflation could be on the cards is likely a function of quantitative tightening.
Larry Summers ‘Glad’ IMF Recognizes ‘Gravity’ Of British Situation: Here’s His Take On Inflation
Former Treasury Secretary Lawrence H. Summers has expressed his delight at the International Monetary Fund urging the United Kingdom to re-evaluate its unprecedented tax cuts.
S&P 500 Breaches June Low: Why PreMarket Prep Is Watching This Bond ETF
Let”s cut to the chase. Long before the Fed heads made their hawkish comments Tuesday morning, we all knew what is plaguing this market: rising interest rates.